How much does LeaseLock cost?Last Update: Oct 10 2017 6:50pm
There is a $29 fee to apply to the LeaseLock program.
Once you're approved, the LeaseLock fee is half a months’ rent for most applicants with only 50% due upfront using our payment plan. The fee could be as high as one months’ rent, depending on your financial profile.
With our payment plan, only 50% is due upfront and the remaining amount paid over 5 monthly installments, with interest.
If your apartment rents for $1,000 per month, the LeaseLock fee would be $500.
With the payment plan, the amount due at move-in would be $250 (50% of the LeaseLock fee), with the remaining amount broken up into 5 equal monthly payments of $50, before interest.
LeaseLock costs nothing for property managers and owners.
*This is only an estimate and your final price is subject to change based on your financial profile, verified monthly rent, security deposit and other lease terms. Your 'Application Fee' is non-refundable if you accept your 'Price Estimate' and LeaseLock initiates your background check.