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What Fees Should I Expect to Pay When I Sign a Lease at Moontower?

By Germanie

One of the most exciting yet stressful tasks that come along with moving to a new area is determining where to live. Cost is a huge factor that will determine where you sign a lease, so it’s important to know exactly what you’re obligated to pay before committing to a property.

At the Moontower leasing office, before anyone is ready to sign their lease, we often get questions like, how much will I have to pay upfront? How much at move-in? How much each month?

Read Next: 13 Additional Costs to Consider When Looking for an Apartment in Downtown Phoenix

We know it’s important for you to understand exactly what you will be expected to pay so you can make an educated decision on what’s right for you.

That’s why we’ve put together a list of the different fees you should expect to pay, why you have to pay them, and when you have to pay them when you sign a lease at Moontower.

Recurring Fees

Recurring fees are the expenses that you’ll be responsible for on a monthly basis while you live at Moontower. Your recurring monthly fees will include:

  • Rent
  • Utilities
  • Technology Fee
  • Pest Control Fee
  • Trash Fee
  • Parking (Optional)
  • Pet Rent (Optional)
  • On-Site Storage Unit (Optional)

Rent

All Moontower residents will be charged a monthly rent which is determined by your floor plan. Moontower offers a wide variety of floor plan options so you’re able to find something that fits your preferences and price range. Rent is due on the first of each month. A minimum of $100,000 in renter’s liability insurance is required for all residents at Moontower. To learn more about renter’s insurance, including why it is important, what it covers, the average cost, and how to get it, check out our guide to renter’s insurance in Phoenix, AZ.

Moontower Phoenix Bathroom

Bathrooms at Moontower feature modern brass torchiere style sconces and brass plumbing fixtures. Pictured here is the Moonstone floorplan.

Utilities

Utilities include water, sewer, common area electricity, and gas and will be billed monthly via a Ratio Utility Billing System (RUBS). This system coordinates with the utility company to collect your grand total that will be due each month. You will also be charged $4.95 per month for billing, as outlined in the monthly utility statement.

Technology Fee

The technology fee is $80 per month. This fee covers the cost of premium Wi-Fi in your apartment and throughout the Moontower community.

Pest Control Fee

The pest control fee is $2 per month and ensures that any unwanted bugs or critters in your apartment will be taken care of.

Trash Fee

The trash fee is $10 per month, which covers Moontower’s trash and recycling service.

Parking (Optional)

If you choose to bring a vehicle with you to Moontower, you can purchase a parking pass at Moontower’s on-site parking garage for $150 per month*. There are ten electric car chargers inside Moontower’s parking garage to ensure easy access to charging for residents. If you aren’t planning on bringing a car, Moontower has two storage bike rooms conveniently located on the ground level.

Pet Rent (Optional)

If you choose to bring a furry friend to Moontower, you’ll pay a $40 rent charge per month, per pet. You’ll also have to pay a $250 pet deposit, which is refundable, granted there are no damages, as well as a $250 non-refundable pet fee upon move-in.

On-Site Storage Units (Optional)

Moontower offers residents access to on-site storage units at an additional monthly cost of $150 per month, per storage unit. For more details on our storage units, please contact our leasing staff.

Saving it for Later? Our list of local self storage companies.

One-Time Fees

There are additional fees that you’ll need to pay one time before move-in. Some of these will be due up-front when you apply for your apartment and some will be due upon move-in.

Up-Front Fees

There are two fees that are due with the submission of your application. These fees include:

  • Application Fee
  • Admin Fee

Application Fees

This non-refundable fee covers the cost of background and credit checks we run in order to approve your application. The application fee is $50 per applicant and is due with the submission of your application.

Administration Fee

This non-refundable fee covers billing, bill audit, administration, overhead and similar expenses. The admin fee is $250 and is due with the submission of your application.

Moontower resident ordering coffee at Fleet Coffee + Cocktails

Fees to be Paid at Move-In

There are several fees that are due before you move into Moontower. These will be available to pay as soon as you sign your lease but aren’t due until move-in. These fees include:

  • Security Deposit
  • Utility Set-Up Fee
  • Pet Deposit (Optional)
  • Pet Fee (Optional)

If you’re not bringing a pet with you and are living in a one-bedroom or studio apartment, these fees will be $525, while a two-bedroom unit will be $775 in total.

If you are bringing a pet with you and living in a one-bedroom or studio apartment, the pet deposit and fee will bring the total due at move-in to $1,025. For two-bedroom units, the total due will be $1,275.

Security Deposit

The security deposit is a refundable fee, granted there are no damages to your unit. The cost will vary depending on the floor plan you choose. The security deposit is $500 for studio and one-bedroom units and $750 for two-bedroom units.

Utility Set-Up Fee

The utility set-up fee is charged so that you don’t have to worry about setting up your own utilities – it’s taken care of for you. This non-refundable fee will run you $10 at move-in and $15 at move-out.

Pet Deposit & Fee

As mentioned above, the pet deposit is a $250 refundable fee, while the pet fee is a $250 non-refundable fee. These fees help cover any unforeseen damages caused by your furry friends!

Read Next: Ultimate Guide to Living in Downtown Phoenix

We hope this article helped you understand and budget what fees you should expect to pay when you sign at Moontower.

If you have any more questions about fees, expenses, or living at Moontower, contact the Moontower leasing team who is happy to answer any questions for you!

*All listed rates are current as of 06/13/2023. All rates are subject to change.

Have Some Heavy Lifting? Get our list of local moving companies who can help.


Germanie

Germanie is a Leasing Specialist at Moontower. She has 7 years of experience in sales, and 3 years of experience in multifamily leasing and marketing. In her free time, you'll find Germanie trying out new restaurants in downtown Phoenix or attending a yoga class.


June 16, 2023


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