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More Apartments Charging Extra Rent For Pets

It’s not always easy finding pet-friendly apartments, and the Associated Press says it’s getting harder as many apartment managers are now charging tenants extra rent. While extra security deposits for pets have been commonplace in many apartment complexes, the AP says that monthly rental payments anywhere from $10 to $50 are becoming increasingly common.

According to Apartments.com, 78% of renters surveyed paid a pet deposit this year. Of those, 29% also paid additional pet rent. Some apartment managers use the extra rent to pay for expenses related to the animals, but some simply charge more because they can. In an interview with the AP, apartment manager Stacy Leighty said she added the fee after her financial adviser recommended it.

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