Fee Guide Waterstone

Welcome to Waterstone! 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
$50 per applicant
Security Deposit Security Deposit
$200 up to rental rate
(refundable)
Admin Fee Admin Fee
$300/per unit
non-refundable
Pet Fees Pet Fees
$300/per, max 2 pets per unit
(If pets are allowed, if pet fees applies it is non-refundable)**
Utility Billing Fee Utility Billing Fee
$25.00/one-time at move-in
(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
(if applicable, billed by 3rd party)
Sewer Sewer
Based on formula; ratio billing and usage
(if applicable, billed by 3rd party)
Trash Trash
Based on formula; ratio billing and usage
(if applicable, billed by 3rd party)
Hot Water Usage Hot Water Usage
Based on formula; ratio billing and usage
(if applicable, billed by 3rd party)
Utility Fee Utility Fee
$6.50 Billing Fee
(if applicable, billed by 3rd party)
CAM Fee CAM Fee
Based on formula
(if applicable)
Parking Fee (Reserved or Covered) Parking Fee (Reserved or Covered)
$25.00 Per Carport
(if applicable)
Pet Rent/Fee Pet Rent/Fee
$35.00 per pet, max 2 pets per unit
(if applicable)
Real Estate Tax Real Estate Tax
$16.00 Per Unit
(if applicable)
Damage Waiver (in lieu of renter's insurance) Damage Waiver (in lieu of renter's insurance)
$14.00/Mth - 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.

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
$75.00 on 4th + $10.00 daily late fee
Service of Notice Fees Service of Notice Fees
$25.00 Per Notice
Month to Month Fees Month to Month Fees
$300/Month
Short Term Rental Fee Short Term Rental Fee
$150/Month
Lease term is less than 7 months
Transfer Fee Transfer Fee
$300/One-time Per Occurrence
Attorney Fees Attorney Fees
$398/Per Occurrence
Lease Cancellation Fee Lease Cancellation Fee
$750.00
Cleaning and Damage Fees Cleaning and Damage Fees
Varies