Our Deposit Alternative Program gives qualified renters an alternative to paying a large upfront security deposit, while helping protect the property owner’s interests.
Instead of paying a large upfront security deposit, approved renters may have the option to enroll in the program for a low monthly fee.
Lower upfront cost for renters
Qualified renters may choose our Deposit Alternative Program in place of a traditional security deposit. Here’s how it works: Important: Participation in this program does not waive resident responsibility for damages, unpaid rent, or other lease charges.
A security deposit alternative can help qualified renters reduce move-in costs while still meeting lease obligations and screening standards. For many renters, it provides a more flexible way to secure a rental home. Moving can be expensive. This program can make it easier to secure a home without the burden of a large upfront deposit. Our Deposit Alternative Program is designed to improve affordability for renters without compromising owner interests. This is not lower standards, it is a different approach to deposits. Have questions about our Deposit Alternative Program? Our leasing team can help determine if this option is available for your next home.HOW IT WORKS
A Better Alternative to a Traditional Security Deposit
WHY CHOOSE A SECURITY DEPOSIT ALTERNATIVE?
BENEFITS FOR RENTERS
Why renters Like the Program
FLEXIBILITY FOR RENTERS. PROTECTION FOR OWNERS
Designed With Owner Protection in Mind
FREQUENTLY ASKED QUESTIONS
Does this mean there is no security protection?
Do renters still have to qualify?
Are renters still responsible for damages?
Is this available for every property?
Does this still protect the owner’s property?
