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Fees and Deposits
- Application Fee: $75/person (Click here for an online application.).
- Administrative Fee: $150 per apartment.
- Deposit: starting at $500 per apartment with approved credit.
- Rent is charged monthly on the 1st. Late fees apply to all rent received after the 5th of the month.
- All residents are automatically opted in for Foxen Personal Liability coverage for $15 per month. You may opt out by providing proof of your own renter’s insurance policy.
- Apartments are available for rent only and are not for sale.
Lease Terms
- All leaseholders must be 21 or over.
- Typical leases are for one year but shorter or longer term leases may be available and subject to monthly fees.
- Subletting and corporate housing are subject to management approval and additional fees.
Application Requirements
- A background check will be run on all occupants over the age of 18, application fees will apply.
- All applicants must provide a valid government-issued photo ID and complete an automated ID verification.
- All applicants are required to complete an income verification process through bank sync, document upload and/or employer reference. Refunds will not be given if income can not be verified.
- If an applicant is not employed or has insufficient income to qualify, a cosigner is allowed to be added to the lease. They must apply separately and provide same documentation as residents.
- A background and credit check will be run on all applicants over the age of 18, including residents and cosigners.
Utilities
- All apartments require a utility package which costs $115 per month and includes Wi-Fi, HD cable, routine pest control, and trash service.
- Water and sewer are sub-metered and will be billed to you monthly with your rent.
- Duke Energy is our energy provider. Residents must have an account with Duke Energy directly.
Pet Policy
- We are excited to allow both cats and dogs to our community.
- Pets require a $300 one time fee for the 1st pet and a $200 one time fee for the 2nd pet. These fees are non-refundable.
- All pets are also subject to a $25 monthly pet rent, charged per pet.
- There is a 2 pet limit per apartment.
- All households must be registered via PetScreening ($25 per pet).
Parking
Smoking Policy
- 50 West Fourth Residences is a non-smoking community.