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First Apartment: Security Deposit or Bond?

I am moving out of state to Kansas City, MO, and found two Apartments I really like. One is very newly renovated, right price, have to pay Gas and Electric, but otherwise great. Only problem is they want either a $500 security deposit or to use an $88 bond. I know the differences between the two, but don't know how much trouble I could end up being in going with one over another if the apartment tries to scam me somehow. I could make the $500, but that's a lot when the other place I am looking at is $150 security deposit, and cheaper monthly. Just further from work, kind of outdated, etc. Anyone have experience in this area? Any advice? Thank you!

4 months ago - 1 answers

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I rented from an apartment once that used bonds as security deposits or $250 down. I chose the bond since it was $50 and had no problems with move-out. I just didn't get any money back.

by Carmel Mom

4 months ago

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