NEWPORT PLACE RENTAL RATES

We have "true" monthly rent payments (see explanation below).
Rental rates inlcude: all utilities (water, gas, electricity), wireless Internet, cable TV, periodic maid service.
Rates and services are subject to change at anytime.

• Rental Rates for Private Bedrooms in Shared Apartments
• Rental Rates for Studio Apartments
• Deposit and Fees
• Methods of Payment
• "True" monthly rent payments

Rental Rates for Private Bedrooms in Shared Apartments

Apartments are shared between 2 to 4 residents. Each resident has his/her own private bedroom. All bedrooms are single occupancy, except for bedrooms 1A and 1B which can accommmodate two people.

	Rent Per Bedroom/Per Month	Extra Night(s)
single occupancy	$829 to $994	Prorated daily, based on a 30-day month

The $829 to $850 bedrooms have twin beds and a single window. The $875 to $994 bedrooms have double beds, more floor space, multiple windows. The $1,035 to $1,085 bedrooms (1A and 1B) are very large to include additional private living space (sofa, dining table, refrigerator/freezer) and private entrances off the street.

Roommate Matching: Roommates for each apartment will be arranged by Newport Place by assigning one resident to each bedroom in an apartment. Newport Place does not match roommates for double occupancy bedrooms (1A and 1B) or studio apartments.

Click here to see our Room Inventory.

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Rental Rates for Studio Apartments

	Rate Per Month	Extra Night(s)
single occupancy	$1,370 to $1,420	Prorated daily, based on a 30-day month
double occupancy	$1,470 to $1,520	Prorated daily, based on a 30-day month

Click here to see our Room Inventory.

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Deposit and Fees

Newport Place requires following deposit and fees in addition to the monthly rent, when applicable:

Holding/Security & Damage Deposit equivalent to a month rent (Refundable) - The Holding Deposit paid to confirm your reservation will become your Security & Damage Deposit when you move in. The Security & Damage Deposit is refundable when you move out of Newport Place.

$50 Reservation Confirmation Fee - This is an administrative fee for the reservation process. It is paid at the same time as your Holding Deposit.

$135 Rental Initiation Fee - Bedroom
$175 Rental Initiation Fee - Studio Apartment - This fee is included only with your first month's rent bill and is for the cost of staff assistance to prepare your lease documents and for one-time cleaning of your bedroom/studio when you move-out.

$50 Room Transfer Fee (Optional) - This is a fee for for staff assistance to get you moved into a new bedroom, including the creation of amended lease documents.

$100 Furniture Fee (Optional) - This is a fee for residents of the studio apartments who want the full/double bed replaced with 2 twin/single beds.

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Methods of Payment

Newport Place accepts the following methods for making rent payments:

• Cash
• Personal Check (US bank only)
• Money Order/Bank Draft
• Traveler's Checks
• ACH payment
• Wire Transfer
  There will be a $14 Incoming Wire Fee added to your rent bill when we receive an incoming wire transfer.
• Credit or Debit Cards (Visa, Master Card, Discover)
  There will be a 3% convenience fee added to your rent bill when using a credit/debit card to make a rent payment.

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"True" Monthly Rent Payments Explained

Unlike our furnished housing competitors, Newport Place charges you a "true" full month of rent. This means that rent is paid on the 1st day of the month and covers the entire month until the 1st day of the following month. The rental rate is the same whether it is a 28-, 30- or 31-day month.

We do not charge rent by the week. Because there are 4.3 weeks in an average month, our furnished housing competitors actually charge more rent for the same period of time.

How you pay more when paying on a weekly basis:

• The month of May has 31 days = 4.43 weeks
• Therefore, the month of May charged per week = 4 weeks + 3 nights of extra rent that you pay

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