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What is a standard deposit for entering into a new apartment?

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What is a standard deposit for entering into a new apartment?

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Typically a landlord will as for an amount equal to one month’s rent, but sometimes they will also require the last month’s rent as well, bringing the cost up to three-times the amount of the monthly rent. The amount of the deposit can be lowered in some cases if you can provide good letters of reference from previous landlords.

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