Understanding the fee
Once your application is approved, there's a one-time fee to cover your lease – here's everything you need to know
With OneApp, it's completely free to apply. If you're approved and decide to proceed with your Approval Agreement, you'll pay a fee for us to cover your lease. The approval agreement fee is equal to one-month's rent (base rent for a standard lease term up to 12 months), but don't worry, we offer a payment plan option to help mitigate your upfront move-in costs. For leases 13-24 months, the fee increases at a pro-rated amount.
Payment Options
There are two ways to pay the approval agreement fee:
- Pay in Full: Make the entire payment upfront with no additional fees
- Payment Plan*: Pay 50% upfront and the rest in 5 equal monthly payments
*Payment plan availability is subject to property policy – please communicate with the property manager to understand their payment plan policy upfront, to avoid any surprises.
💡 Good to Know: Payment plans include an additional 20% risk fee, so paying in full is the most cost-effective option long-term.
Frequently Asked Questions
What is the approval agreement fee for?
The approval agreement fee is the payment that gives you access to OneApp’s lease support services, which are designed to assist you and the property with rent coverage of up to three (3) months’ rent if you’re unable to pay. Once the approval agreement fee is paid, a copy of your receipt and signed Approval Agreement is sent to you and the property manager via email, so they can work with you directly to complete the lease agreement and start the move-in flow.
How much is the fee?
The fee is equal to one-month's rent for leases up to 12 months (e.g., if your base rent is $1,200, your fee will be $1,200). For leases longer than 12 months, the fee will be increased to account for the longer term of coverage.
Will I still have to pay a security deposit to the property?
Possibly. The OneApp fee is separate from any fees charged by the property. While OneApp helps support your lease, each property sets its own move-in requirements. Some properties may still require a security deposit or other upfront charges, such as application or administrative fees.
To avoid surprises, we strongly recommend confirming all move-in costs directly with the property before signing your lease.
What if I pay and decide not to sign the lease?
Our fee is 100% refundable if you pay but decide not to sign the lease and move-in.
💡 Good to Know: It takes 3-10 business days for the refund to process, but you'll be notified via email as soon as it's complete. Learn more about refunds.