How to Budget for Utilities and Hidden Rental Costs
Real Property Management Evertrust
JULY 17, 2025
This deposit isn’t similar to rent; it is held in a separate account by your landlord. The goal of a security deposit is to protect the landlord from financial problems in the event of property damage or other expenses. For single-family homes, the amount of a security deposit is typically matched by one or two months’ rent.
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