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Cambridge Arms - 1 Bedroom 1 Bathroom
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1 Bed
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1 Bath
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700 Sq. Ft.
Flexible Deposit Options – Designed With Your Budget in Mind
At our community we believe that moving in should be simple, affordable, and stress-free. That’s why we offer flexible deposit options based on your application results—giving you more choices and control.
Deposit Options:
Standard Security Deposit
Approved applicants may pay a fully refundable deposit equal to one month’s rent. This is due before move-in and is returned at move-out, less any applicable deductions.
Deposit Substitution (Approval Fee)
For reduced upfront costs, eligible applicants may choose a non-refundable approval fee instead of a traditional deposit:
- Standard Approval:
Pay a one-time, non-refundable $300 approval fee. No deposit required. - Conditional Approval:
Option 1: Pay the standard one-month deposit plus a $300 approval fee
Option 2: Pay a one-time $750 approval fee with no deposit required
Deposit option eligibility is determined by your application screening results.
Important Notes:
- All Approval Fees and Deposit Substitution Fees are non-refundable.
- Applicants must pay the deposit or fee within 48 hours of approval.
- If the applicant cancels after this 48-hour period:
- The approval fee or deposit substitution fee will be forfeited in full.
- If the standard deposit was selected, 50% of the deposit will be forfeited, as the unit was held and removed from the market.
Deposit option eligibility is determined by your application screening results.