Our Fee Structure

At Ginkgo Residential Communities, we believe in transparency every step of the way, especially when it comes to move-in fees and monthly reoccurring fees. We understand that moving into a new apartment home involves financial considerations, and we want to ensure that you have a clear understanding of all associated costs. Below, we have outlined our fee structure so you can plan your budget accordingly:

Move-in Fees

1. Refundable Security Deposit and Security Deposit Alternative:
• The security deposit is equal to 1 month’s rent for approved applicants and 2 month’s rent for applications that are conditionally approved. Deposits are refundable upon move-out less any damages or unpaid balances. We offer a security deposit alternative of non-refundable $400 one-time fee for approved applications and $550 one-time fee for applications that are conditionally approved.
2. Application Fee:
• There is a one-time application fee of $75 per applicant. This fee covers the cost of processing your rental application.
3. Administrative Fee:
• An administrative fee of $199 is charged to cover administrative costs associated with preparing your lease agreement and other move-in paperwork.
4. Trash Fee:
• Matthews Lofts: A monthly trash fee of $13 is charged to cover the cost of trash removal services. This fee ensures that our community remains clean and well-maintained for all residents.
• Town 324: A monthly trash fee of $22 is charged to cover the cost of trash removal services. This fee ensures that our community remains clean and well-maintained for all residents.
5. Pest Control Fee:
• Matthews Lofts: To maintain a pest-free environment, there is a monthly pest control fee of $6. This fee covers regular inspections and treatments to prevent and address any pest issues within the property.
• Town 324: To maintain a pest-free environment, there is a monthly pest control fee of $7. This fee covers regular inspections and treatments to prevent and address any pest issues within the property.
6. Liability Waiver Fee:
• A monthly liability waiver fee of $9 is charged to cover costs associated with providing liability coverage for the property. This protects you from financial responsibility if you cause certain kinds of accidental damage to the apartment. We strongly advise you carry your own separate personal contents coverage policy to protect your belongings.
7. Smart Home Fee
• Enhance your living experience with our smart home features! For a $7 monthly fee, you get to enjoy the convenience of a connected home environment, including smart locks, thermostats, and more. This feature is only available at select communities.

If you have any questions or need further clarification on any of the fees listed above, please do not hesitate to reach out to our friendly leasing team. We are here to make your move-in process and residency as smooth and transparent as possible.

We are committed to providing exceptional service and ensuring that our residents feel informed and empowered every step of the way. Thank you for considering us for your next home!