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Price List
We offer all of our residents the option of choosing to either pay their own gas bill which includes the heat, hot water and cooking gas or have their gas included with their monthly rental amount.
Option 1:
The resident is responsible for their individual gas bill
Studio - $595 |
Yearly Income Requirement $19,833.00 |
1 Bedroom - $770 |
Yearly Income Requirement $25,666.00 |
2 Bedroom - $925 |
Yearly Income Requirement $29,833.00 |
2 Bedroom Town Home - $925 |
Yearly Income Requirement $29,833.00 |
Option 2:
The heat, hot water and cooking gas is included in the rent
Studio - $625 |
Yearly Income Requirement $20,820.00 |
1 Bedroom - $810 |
Yearly Income Requirement $27,000.00 |
2 Bedroom - $975 |
Yearly Income Requirement $31,500.00 |
2 Bedroom Town Home - $975 |
Yearly Income Requirement $31,500.00 |
Upgrades: Madison Court Apartments also has lovely upgraded apartments throughout the community. If your apartment is upgraded you will enjoy the luxury of having granite style countertops, wooden oak cabinetry, full sized dishwasher, full size oven, built in microwave and full size refrigerator in your kitchen area. The additional fee for an upgraded apartment is $100.00 additional per month.
*Currently only offered in 2 bedroom townhomes
Co-Signer
Co-signer may be used if the applicant's "Scorex" decision score is below 120 but above 75 as determined by the "Scorex" decision score and applicant's income does not meet the necessary income requirement.
Co-signer must complete an application and pay an application fee, must meet all rental criteria and will be held legally responsible for the lease and all addendums and renewals.
Credit
Credit History will be determined by our third party qualifier First American Registry. The system used by First American Registry to assign a score to each applicant is called "Scorex". The explanations of the "Scorex" decision score is attached for your information and must be signed prior to making application.
Criminal Background
No felony convictions or deferred adjudications for a felony will be accepted.
Security Deposit
An amount equivalent to one month rent that will be due at the lease signing or an amount equivalent to ½ a month of rent or 1 full month of rent if accepted with conditions as determined by the "Scorex" decision score.
Security deposit will be due at the time of lease signing.
Check or money order made payable to Madison Court Apartments.
Bankruptcy, Evictions, Judgments and the Like
Bankruptcy- may be cured with a co-signer or higher security deposit if the bankruptcy has been discharged or has occurred at least seven (7) years ago and all current obligations have been paid in a timely manner. Score below "Scorex" decision score, evictions, or poor rental history are automatic rejections.
Judgments- If applicant's have any judgment's, they will be required to pay the judgment in full and provide proof of payment and will be required to provide a co-signer and/or higher security amount.
TO COMPLETE A RENTAL APPLICATION you will need:
Download and complete Rental Application then please call the office for an appointment;
Government Photo Identification;
Name, Address, Date of Birth, Social Security Card;
Present Rental or Mortgage information;
Verifiable Income
FEES
$40.00 non-refundable application fee per adult (check or money order)
$35.00 fee due at lease signing for Monroe Township Certificate of Occupancy permit
*ALL APPLICANTS MUST BE ATLEAST 18 YEARS OF AGE
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