No fee apartments tend to be advertised based on NER (Net Effective Rent). After confirming whether the rent is quoted based on Net Effective Rent or Gross Rent you can use the calculator below to calculate the hidden fee.
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Gross Rent Calculator |
NET EFFECTIVE RENT: What the rent looks like after any discounts or concessions.
GROSS RENT: The actual monthly rent. (*This is also what your security deposit and other fees will be based on.) |
*Use this calculator if rent is advertised as NER (Net Effective Rent) to calculate the actual monthly rent you'll likely be paying. Please note that all information on this site is GENERAL. Accuracy and applicability to your particular situation is not guaranteed.