Rental Criteria

Income: The gross monthly income of all applicants must equal at least (2.5)x monthly rent

Credit: Flexible depending on other criteria; no property debt, no evictions (both less than 3yrs or reported within the last 3yrs). A conditional result may require a guarantor, who will need to make an income of 5x monthly rent in gross pay.
Criminal: no felony convictions (less than 10yrs old), no violent, drug, or sexually related misdemeanors

Application Costs:
Application $125/person over the age of 18
Holding Fee $200 *paid at time of applying & will go towards move-in costs upon approval
**additional deposit $500, depending on screening
**Falsification of application will result in denial of a refund of the application and holding fee**

 
Additional Monthly:
Community Service Bundle: $35
Deposit Waiver Program: $25-$50
62+ Club: 3% Off rent

Utilities:
Water, Storm, Sewer, Gas and Trash:  Allocated + billing admin fee $3
Electric (you set up) - Recommended: Reliant Energy or you can use any company you wish (if you need help searching check out powertochoose.org)
Renters Insurance (you set up) – Must have minimum $100,000 liability and Southern Oaks listed as additional interest (If no renters insurance is provided, $14/mo penalty fee will be charged with rent)

Pets - limit 2 (breed restrictions apply)
Pet Fee: $150 (1yr or older) OR $250 (less than a year)
Pet Deposit: Covered by Deposit Waiver Program
Pet Rent: $10/pet/month

Deposit Info:
If you choose to opt out of the Deposit Waiver Program,
a standard deposit will be required upon screening
1 bedroom: $500
2 bedroom: $600
Pet Deposit: $150 (1yr or older) OR $250 (less than a year)