501 S Ostrom Ave

Lease terms

Rental History Each applicant may demonstrate a history of meeting prior lease or mortgage obligations and leaving any prior rented properties in good order. Significant adverse rental history may disqualify an applicant or require additional payment security, such as a cosigner or additional applicant deposit. The Security Deposit is one month's rent for this all electric apartment which is Energy Efficient both with appliances, all the lighting fixtures are LED. Owner pays water. Pet Deposit is $500.00 per pet, with $200.00 cleaning charge per animal, no more than 60 lbs. total weight. Must be house trained. NO SMOKING. Single Covered Parking Space per Unit. Income History Wage history, and associated subsidies are accepted as evidence of ability to pay rent. If household income of at least 3x the monthly rent amount. In the event of two adult, unmarried residents to occupy the apartment, each party must qualify under the standard income requirement. Applicants should include 2 pay stubs and/or bank statements from the past 90 days with their application. Occupancy maximum limit for each unit style are: One bedroom - two persons including adults and children. Two bedroom- two adults and two children. All persons over 18 are considered an adult and must complete income and credit screening criteria as noted. Credit History TransUnion's ResidentScore is used to evaluate the applicant's credit history and ability to pay rent when due. A guarantor or additional security deposit may be needed where the applicant's credit history falls in the 'medium risk' range. An applicant may be declined if their credit history indicates high risk. Criminal History A criminal background check is needed of all applicants. If criminal history is found, an individualized assessment of the applicant's criminal history will be conducted. An applicant may submit mitigating evidence of inaccuracy. Pet Policy Up to two pets totaling the weight of 60 lbs. per unit, dog and/or cat, must be house trained, and over six months in age. $500.00 security deposit per pet, $150.00 cleaning fee per pet on departure.