How much is the security deposit?
The security deposit is typically equal to one month's rent. Although in different states it may be a slightly different amount.
How much is the application fee?
There is a $50 application fee per tenant, and a $25 application fee per co-signer if applicable.
How long is the lease?
We typically offer one-year leases. Some of our properties offer two year leases to accommodate local universities and their students. After you fulfill your first one-year lease, you can then renew for another full year or you have the option to renew month to month for an additional fee.
What are the amenities included in the rent?
The amenities vary per building. All specific information is on the individual pages found on our website.
Why is the full first-month's rent due at lease signing when I'm moving in on the 5th, 10th, 15th...?
Philadelphia Management requires a full month's rent up front when you sign your lease. Rent is always due on the first of the month so the second month you will pay a pro-rated amount. This pro-rated amount will be equal to the number of days you lived in your unit the first month.
If the building allows pets, is there an additional fee?
Each building has a different pet policy. That information can be found on your building's page within this website.
The pet fee is $250 per pet. Is the pet fee refundable?
The pet fee is not refundable.
Can I use my security deposit as my last month's rent?
No, the security deposit cannot be used towards your last month's rent. Your security deposit is used for any property damage that you may incur. The remaining balance will be refunded to you.
When can I expect my security deposit to be returned?
The security deposit will be refunded minus any charges within 30 days from the end of the lease.