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.

Initial Costs

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

Monthly Fixed and Variable Costs

These are recurring fees that will be part of your regular payments each month. Some may be paid with rent while others could be paid directly to the utility provider or outside third party
Water Water
Based on formula; ratio billing and usage
Sewer Sewer
Based on formula; ratio billing and usage
Trash Trash
$18/per month
Hot Water Usage Hot Water Usage
Based on formula; ratio billing and usage
Electric Electric
Based on usage
Paid directly to provider
Gas Gas
Based on formula; ratio billing and usage
Internet Internet
$65/per month
Valet Trash Valet Trash
$25/per month
Utility Fee Utility Fee
$6.50 Billing Fee
(if applicable, billed by 3rd party)
CAM Fee CAM Fee
Based on formula
(if applicable)
Pet Rent/Fee Pet Rent/Fee
$50/per pet
(if applicable)
Real Estate Tax Real Estate Tax
$20/per month
(if applicable)
Damage Waiver (in lieu of renter's insurance) Damage Waiver (in lieu of renter's insurance)
$14/per month (in lieu of H04 renter's insurance policy)
Note: Some regular, required monthly charges such as utilities may be based upon actual usage and/or seasonal variable rates and will vary from month to month.

Optional Costs

These are optional fees you may choose to add to your lease.
Covered or Reserved Parking Covered or Reserved Parking
$30-$50/per space
(if applicable)
Garage Rent/Fee 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.

Avoidable Fees

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