Leasing Fees

$55 Application Fee  

There is a non-refundable $55 application fee for each person over the age of 18 applying to rent a Progress Residential home. Each Progress Residential home requires its own application process and this fee is incurred per person with each application. This fee covers the cost of background checks, time spent reviewing the application, and any other expenses involved with the application process. It is non-refundable because expenses occur regardless of an application’s outcome. Some Progress Residential homes are located in communities with Home Owners’ Associations (HOAs) which may require application screening. In these cases, the HOA may charge the applicant an additional fee.

$500 Holding Fee

For all “coming soon” homes, a $500 non-refundable holding fee must be paid within 24 hours of receiving pre-qualification from Progress Residential, along with signing a holding fee agreement.   This fee reserves the home for you while it is prepared for move-in. This fee will be applied to your first month’s rent if you enter into a lease for the home.

Security Deposit

A security deposit of one to one and one-half month’s rent (depending upon your application screening results ) will be due 7 business days prior to your move-in date.  Your security deposit will be applied toward any unpaid rent and/or damages, wear and tear excepted, at move-out and any amounts not applied will be returned following the expiration of your lease . Security deposit alternatives are offered in Atlanta, GA and Columbus, OH. 

$125 Lease Administration Fee

We charge an administrative fee of $125 to cover lease preparations. This is due with your move-in funds.

Utility Management  

We partner with Conservice, a utility management company, to bundle charges from utility companies into one convenient monthly bill. You are still responsible for your monthly utility usage charges.

There is a $30 one-time utility setup fee, except in Nevada, and a $8.99 monthly utility service provider fee, except in North Carolina ($0.75 trash fee) and Indiana ($4.99 and $4.00 water administrative fee).

In addition, utilities provided by the local government where your home is located may also be charged to your account.  

The utilities you may be charged for are electric, water, stormwater, sewer, gas, propane, trash, irrigation, flood control and water conservation.  

If you fail to establish any required utility accounts in your name you will be charged a Utility Default Fee of $50 each month for each utility that isn't in your name.

If your home has any of the following features you will be charged the fees noted below:

Smart Home Technology  

$19.99 to $30.00/month for smart home technology such as thermostats, locks, and motion sensors, all controllable via a mobile app.  

Solar Technology

$69.99 to $199.99/month, depending on the size of the rooftop solar system for natural energy, which may lower your monthly electric bill.

Pool Service

$175/month for pool maintenance.

Landscaping 

$35 to $120/month for landscaping maintenance.

Septic Service

$39.60/month for septic service and maintenance.

Certificate of Occupancy Fees

In St. Louis, there is a requirement that all rental homes obtain a Certificate of Occupancy permit. If the home is located in the unincorporated area of St. Louis County, we will pay for the Certificate of Occupancy permit and bill you the permit cost of $45. This amount will be payable after move-in with the next month’s rent. If the home is in St. Louis City, you must visit city hall 24-48 hours prior to move-in to obtain and pay for the permit. Please confirm business hours and fees in advance. Please note, we will arrange the inspection for all homes prior to coordinating your move-in date. 

Pet Fees

Up to 3 cats and dogs are welcome and pet rent is charged per pet: 

1 pet: $72/month

2 pets: $144/month

3 pets: $199/month 

These fees do not apply to Colorado residents; however, the limit of 3 dogs or cats does.  In addition, Colorado residents are required to pay a refundable $300 pet deposit and $35/month per pet. For additional information, visit our pets page.

Month-to-Month Fee

If you do not renew your lease or notify us that you are terminating your lease, it will automatically become a month to month tenancy, and your rent will require a premium fee of 20% of the current market rental rate of the home.

Late Fees

Rent payments are due on the first of each month and late fees for your home are outlined in your lease.

There is a grace period of three days before late fees are added to your account. This may vary based on state law. For more information, visit our payments page.  

Insufficient Funds (NSF) Fee

A $25 fee ($20 in Colorado) is charged if the banking institution for your method of payment reports that there are insufficient funds available.

Renter’s Insurance Exemption Fee

To protect you and the home, we require residents to have renter's insurance. If you do not provide proof of renter's insurance, you will be charged a monthly penalty of $14.95/month. This fee does not provide you with insurance coverage.

Trip Fee

A $75 trip fee is charged if a technician cannot access the home for a scheduled visit. A $105 fee is charged for all repairs that are resident responsible such as clearing plumbing clogs due to disposal of inappropriate items, light bulb and HVAC air filter replacement, etc.

Home Owners’ Association or Municipal Violation Fees

If Progress is notified of a violation of HOA Covenants, Conditions, and Restrictions (“CC&Rs”) or municipal regulations related to things such as parking, unlicensed or inoperable vehicles, trash (e.g. debris, illegal dumping), landscaping, abandoned property, etc, a $45 fee will be charged in addition to any fines from the HOA or municipality. The fee covers administrative costs, including processing the violation and communications with the HOA or municipality. 

Early Termination Fee

Unless otherwise stated in your lease, if you decide to terminate your lease prior to the lease expiration date you will be assessed a one-time charge equal to 2 times your monthly rent.

Insufficient Notice  

Unless otherwise stated in your lease, you are required to give 60 days notice prior to lease expiration if you intend to end your lease.  If you provide less than 60 days notice, you'll be charged the pro-rated rental amount for each day of insufficient notice.