Elev pricing

How the fees on elev works

Kevin Mpunga

Last Update pirms 5 dienām

One fee for the best renting experience

To help ensure Elev runs smoothly and to cover the cost of services like 7days a week customer service and dispute resolution, a small fee is added to the total cost of rent and is paid every month by the Students. Most of the time the fee is around 2% of the rent, depending on several factors like the length of the lease, when the listing is posted and how much the rent is. 

How the fee works

Below is an example of a 2 bedroom apartment, renting for $1,200.

Item Amount
Rent $1,200
Fee (2%) $24
What the students pays in total $1,224
What the Host gets paid out $1,200

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