Fee Guide

Verso Fee Guide

To make things simple and transparent, we’ve created a clear list of fees you may encounter as a current or future resident—so you can easily understand both your upfront and monthly costs.

For easy budgeting, your Total Monthly Leasing Price includes your base rent plus all required, fixed fees. This gives you a clear view of your consistent monthly costs, helping you plan with confidence. Optional add-ons (like pets or parking) and variable charges (such as utilities based on usage) aren’t included in the Total Monthly Leasing Price, since those depend on personal choices and monthly use.

Our goal is to provide straightforward pricing and helpful tools that make managing your budget easier—so you can focus on enjoying your new home.

Required Fees

Fee Name Frequency Amount Included in Total Monthly Leasing Price?
Application Deposit
One - Time $300.00
Application Fee
One - Time $45.00
Fee Name Application Deposit
Frequency One - Time
Amount $300.00
Included in Total Monthly Leasing Price?
Fee Name Application Fee
Frequency One - Time
Amount $45.00
Included in Total Monthly Leasing Price?

Variable Fees

Fee Name Frequency Amount Included in Total Monthly Leasing Price?
Common Area Electricity
Monthly Allocated by Square Footage
Water
Monthly Allocated by Occupancy
Electricity
Monthly Directly metered
Gas
Monthly Allocated by Occupancy
Pest Control
Monthly $0.53
Sewer
Monthly Allocated by Occupancy
Trash
Monthly Allocated Per Unit
Fee Name Common Area Electricity
Frequency Monthly
Amount Allocated by Square Footage
Included in Total Monthly Leasing Price?
Fee Name Water
Frequency Monthly
Amount Allocated by Occupancy
Included in Total Monthly Leasing Price?
Fee Name Electricity
Frequency Monthly
Amount Directly metered
Included in Total Monthly Leasing Price?
Fee Name Gas
Frequency Monthly
Amount Allocated by Occupancy
Included in Total Monthly Leasing Price?
Fee Name Pest Control
Frequency Monthly
Amount $0.53
Included in Total Monthly Leasing Price?
Fee Name Sewer
Frequency Monthly
Amount Allocated by Occupancy
Included in Total Monthly Leasing Price?
Fee Name Trash
Frequency Monthly
Amount Allocated Per Unit
Included in Total Monthly Leasing Price?

Optional Fees

Fee Name Frequency Amount Included in Total Monthly Leasing Price?
Parking - Electric-Vehicle
Monthly $150.00
Parking - Reserved-Car
Monthly $150.00
Pet Rent
Monthly $50.00
Pet Deposit
One - Time $300.00
Fee Name Parking - Electric-Vehicle
Frequency Monthly
Amount $150.00
Included in Total Monthly Leasing Price?  
Fee Name Parking - Reserved-Car
Frequency Monthly
Amount $150.00
Included in Total Monthly Leasing Price?  
Fee Name Pet Rent
Frequency Monthly
Amount $50.00
Included in Total Monthly Leasing Price?  
Fee Name Pet Deposit
Frequency One - Time
Amount $300.00
Included in Total Monthly Leasing Price?  

Administrative and Lease Violation Fees

Fee Name Frequency Amount Included in Total Monthly Leasing Price?
Late Fee
Per Occurrence $200.00
Early Term Fee
Per Occurrence 200% of Rent
NSF Check Fee
Per Occurrence $25.00
Fee Name Late Fee
Frequency Per Occurrence
Amount $200.00
Included in Total Monthly Leasing Price?  
Fee Name Early Term Fee
Frequency Per Occurrence
Amount 200% of Rent
Included in Total Monthly Leasing Price?  
Fee Name NSF Check Fee
Frequency Per Occurrence
Amount $25.00
Included in Total Monthly Leasing Price?  

This schedule of Fees may not include all fees and expenses you may incur during your residency. It does not include charges you may bear responsibility for in the event of a breach of your Lease. Such charges might include but are not limited to late fees, charges for violations of community rules, damage charges, reasonable attorney fees and other costs incurrent in the event of a breach of your Lease. If you have received a concession, please note that a breach of your Lease may require you to pay back the value of the concession. This Schedule of Fees is subject to change from time-to-time, as permitted under the Lease and applicable law. You can review the definitions of fees here.

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