10 Additional Costs to Consider When Looking for a Student Apartment Near UMD - Rambler College Park

Are you wondering what your off-campus apartment near UMD will actually cost each month? Does the listed rent seem manageable, but you are unsure what additional fees might catch you off guard?

Living off campus is a popular option for many University of Maryland students. Extra space, private bathrooms, the freedom to cook your own meals and a less restricted routine all add to the appeal. But while off campus living can feel affordable at first glance, the advertised rent rarely tells the full story. Unexpected expenses can quickly stretch your budget.

After helping countless students secure housing near campus, our leasing team has seen how often these additional costs surprise renters.

In this guide, we break down the most common fees and added expenses associated with renting apartments near UMD, including utilities, parking, application fees, security deposits and other overlooked costs. By the end, you will have a clearer understanding of what to expect so you can budget confidently and avoid last minute financial stress.

Read Next: What Does Student Apartment Rent Near UMD Cover? A Complete Guide

Students walking outside Robert H. Smith School of Business at UMD.

1. Application Fee

Most apartment communities require renters to pay an application fee before being approved for a lease. At the University of Maryland, these fees typically fall between $25 to over $100 depending on the property. The application fee covers the cost of background checks and any costs associated with processing paperwork for your application. 

As you plan your housing budget, make sure to factor in this expense. If you are unsure about the exact cost, it is always best practice to reach out directly to their leasing office so there are no unanswered questions. 

Occasionally, newer student housing communities near UMD may offer specials like reduced or waived application fees as an incentive to sign with them. Make sure to keep an eye out for these during peak leasing season. 

2. Administrative Fee

Administrative fees are another common cost to be aware of when renting student housing. These fees generally fall between $50 to over $150 to help cover behind the scenes expenses such as billing set up. 

Depending on the complex, the admin fee may be due at the time of applying or closer to your intended move-in date. This fee is generally non-refundable, so it is important to understand why you pay this cost. If your apartment requires an admin fee at the time of application, it is also important to confirm that you would be reimbursed if you decide not to continue with their lease to avoid unnecessary costs. 

3. Parking

Anyone who has tried to park near the University of Maryland knows it isn’t always easy, especially once the semester is in full swing. 

Many student housing communities near UMD offer reserved parking options that run for the length of the lease. However, parking is not usually included and the availability can be limited. If you are on the hunt for a more budget-friendly option, you may need to secure a separate parking pass for a garage or lot nearby. Parking within these apartment complexes generally range from $125 to $200 a month. 

Costs for garages and lots depend on proximity to campus, demand and whether the parking is covered or surface level. In most cases, they are billed annually or on a semester basis.

4. Security Deposit

A security deposit is a refundable payment your apartment complex holds for the length of your lease. Near the University of Maryland, security deposits range from $100 to one months’ rent, depending on the property. 

This deposit is due at move-in and is returned at the end of your lease, specifically if the apartment is left in good condition with no damage beyond wear and tear. If there are damages, the cost of those repairs may be deducted from your security deposit. The remaining deposit generally is returned within 45 days of move-out. 

5. Utilities

Beyond monthly rent, utilities are one of the most significant ongoing expenses when renting an apartment. At most student housing communities near UMD, utilities are billed monthly and the price depends on consumption levels. 

Some apartments bundle certain utilities into monthly rent, while others bill things separately. Since this varies by property, it’s important to review your lease carefully to understand exactly what you are responsible for. 

Utilities may include electricity, gas, water, trash service, cable and internet. Since utility costs vary, it is smart to ask the leasing office what students typically pay each month before you commit to a lease. 

Read Next: 15 Questions You Should Ask When Touring a Student Housing Apartment

6. Rental Insurance

If you are signing a lease, you are likely required to carry renter’s insurance. This is a safety precaution for students, as the apartment community’s insurance typically covers the building and their property, but does not protect your belongings from theft, fire or other damages. This is where renter’s insurance comes into play. 

Even if your apartment near the University of Maryland doesn’t require it, renter’s insurance is still highly recommended. Policies are generally affordable and cost around $10 to $30 monthly depending on the level of coverage. 

If you’d like more information on renter’s insurance at Rambler, contact our leasing team today

7. Trash

In order to maintain cleanliness of the apartment complex, some student housing communities require residents to pay for a trash service each month. These fees range from $5 to $10 per month, but not all apartments will add it as an additional cost, so ensure you are double checking your leasing contract terms. 

8. Moving Costs

When battling the move-in and out of an apartment, there are typically fees that coincide with the process that don’t initially come to mind. For example, places to store your items such as a storage unit, cleaning services and any moving services hired to make the job a smoother transition. 

These fees range from $50 to $100+ depending on the extent of your needs. If you have a gap of time in between leases, you might need a storage unit near the University of Maryland to keep your things safely stored while on the go. There are options such as Public Storage, CubeSmart and ExtraSpace that range from $40 to more than $180 a month depending on the size of the unit. 

When it comes time to move out of a student apartment, cleaning the unit is essential to avoid extra charges. To save time and stress, many students choose to hire a professional cleaning service rather than completing it themselves. Some residents also hire move-in cleaning when they are a part of older apartment complexes. 

These services typically cost between $100 and $500, depending on the level of cleaning required. For most students, the pricing usually falls on the lower side of the range.

Moving costs are another expense to plan for. Hiring professional movers generally runs about $25 to $50 per hour per mover, plus an additional $20 to $50 an hour for the moving truck. Some properties offer move-in assistance but this is likely limited and isn’t always a guarantee to fall back on. Be sure to factor this into your housing budget. 

9. Pet Fees and Rent

Planning to bring a pet with you to your home? Many student apartment communities near the University of Maryland allow pets, but they usually come with additional costs. Pet-related fees vary by property, so it’s important to understand what to expect before signing a lease. 

One cost is a deposit which is typically nonrefundable that ranges from $100 to $250. This deposit is generally due at the start of your lease and is meant to cover pet related damages. 

Some apartments also charge a pet fee instead of (or in addition to) a deposit. These fees range from $35 to $50 a month and are due before move-in. 

Pet fees can vary on factors like size, breed or number of pets, while some other communities charge a flat rate for all residents. Either way, be sure to factor pet-related costs into your monthly budget so you have a clear picture of your total housing expenses. 

10. Technology/Upgrade Packages

Last but not least, optional upgrade packages have become increasingly common in student housing over the past few years. Many apartment communities near the University of Maryland offer add-on finishes for residents who want a more elevated living experience. 

These packages include features like balconies, bluetooth showerhead speakers, upgraded appliances and other luxury style amenities. Availability and offerings vary by property, so what’s included depends on where you decide to call home. 

Pricing for these upgrades can range from $50 to several hundred dollars per month, depending on the specific features. Most communities add the cost to your monthly rent. 

Overall, living off-campus can be a great option for UMD students – offering more independence, access to amenities and flexible living arrangements. That said, it’s important to look beyond base rent when planning your budget for the upcoming school year and account for additional costs that may not be immediately obvious. 

We hope this guide helps you feel more prepared as you explore off-campus housing near UMD. If you have any questions about student living or want to learn more about Rambler, contact our leasing team; we’re always happy to support you through your housing search!

author avatar

Allison

Allison is a Property Marketing Intern for Rambler College Park. She's a student at the University of Maryland, majoring in Marketing and Management. Her favorite drink to order is a vanilla iced latte!

Published On: April 10, 2026

Last Updated On: May 21, 2026

Cost of Living UMD

Be a Rambler College Park vip

Stay connected with leasing updates, community events, exclusive offers, and everything happening at Rambler College Park.