How much is a typical security deposit? One of the places I am interested in asking for 1st month, last month and a damage security deposit equal to a months rent. All totaled, this equals 3 months rent before I even move in. Is this typical? Not really sure what the standard is as this is my first apartment.
I would say that this is a little more than usual. The typical security deposit is 1 to 2 months, so I think you might be getting ripped off--try somewhere else.
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How much is a typical security deposit? One of the places I am interested in asking for 1st month, last month and a damage security deposit equal to a months rent. All totaled, this equals 3 months rent before I even move in. Is this typical? Not really sure what the standard is as this is my first apartment.
I would say that this is a little more than usual. The typical security deposit is 1 to 2 months, so I think you might be getting ripped off--try somewhere else.