Fee Guide Kensington

Welcome to Kensington! We prioritize transparency about the fees you may encounter as a resident to help you choose a home that fits your budget. Below, you'll find a clear list of initial and monthly costs that are in addition to the base rent. Our goal is to make your living experience enjoyable and financially manageable. Please review these fees to understand your potential financial commitments fully.

Application Fee $50/per applicant
Security Deposit $400-1 Month's Rent
(refundable)
First Month's Rent First Month's Rent
(lease holder portion of base rent)
Admin Fee $399/per unit
(if fee applies it is non-refundable)*
Pet Fees $300/per pet
(If pets are allowed, if pet fees applies it is non-refundable)**
Pet Deposit $150/per pet
(If pets are allowed, deposit is refundable)***
Utility Billing Fee $25/one-time set up fee
(if applicable, billed by 3rd party)

Water Based on formula; ratio billing and usage
Sewer Based on formula; ratio billing and usage
Trash $18/per month
Hot Water Usage Based on formula; ratio billing and usage
Electric Based on usage
Paid directly to provider
Gas Based on formula; ratio billing and usage
Internet $65/per month
Valet Trash $25/per month
Utility Fee $6.50 Billing Fee
(if applicable, billed by 3rd party)
CAM Fee Based on formula
(if applicable)
Pet Rent/Fee $50/per pet
(if applicable)
Real Estate Tax $20/per month
(if applicable)
Damage Waiver (in lieu of renter's insurance) $19.50/per month (in lieu of H04 renter's insurance policy)

Covered or Reserved Parking $30-$50/per space
(if applicable)
Garage Rent/Fee $100
(if applicable)
How to Budget Your Monthly Costs

To calculate your estimated monthly cost, simply:

  1. Add your Base Rent to the required fees listed above.
  2. Choose any Optional Costs that you may wish to add.
  3. The total will be your monthly fixed cost.

Note: Some charges vary and are not a fixed amount.

Implementation Fee $10/One-time
(if applicable, select communities)
eCheck/ACH $3.99 Per Transaction
Debit Card $6.99 Per Transaction
Mobile Check Deposit $2.99 Per Transaction
(if applicable, select communities)
Credit Card (Visa, Mastercard, Discover) 3.5% Per Transaction + $2.99 Per Transaction
MoneyGram $3.95 Per Transaction
Prisma Digital Wallet $3.99 Per Transaction

Late Fees 10% of Rent, Minimum $75 up to $150
+ Monthly Concession Chargeback up to $250 if applicable
Service of Notice Fees $30 Per Notice
Month to Month Fees $500/Month
Transfer Fee $500/One-time Per Occurrence