One of the first questions people ask when they're ready to apply for a CopperBay home is: what does move-in actually cost? It's a fair question, and we believe in being upfront about it.
Every adult age 18 or older who will live in the home needs to submit their own application. The fee is $50 per applicant, non-refundable. That's one of the lowest application fees you'll find in Michigan or Indiana — some companies charge $75 to $100 per person just to tell you the home is already taken. At CopperBay, $50 is fair, and we process most applications within one to two business days.
Once you're approved, your security deposit is due within 48 hours to secure the home. For most approved applicants, the deposit equals one month's rent. In some cases, it may be up to 1.5x the monthly rent depending on the strength of your application.
This deposit is held for the duration of your lease and returned after you move out, minus any charges for damages beyond normal wear and tear.
Your first month's rent is due within 48 hours of application approval. If your move-in date is mid-month, this will be prorated — you'll only pay for the days you're actually living in the home. If your move-in date is on or after the 25th, you'll pay the prorated remainder of the current month plus the next full month's rent.
There's a one-time, non-refundable processing fee of $250 due before you take possession of the home. This covers lease preparation, resident portal setup, and move-in coordination.
Every CopperBay resident is required to carry renter's insurance with at least $100,000 in property loss coverage and $100,000 in personal liability coverage, with CopperBay listed as an interested party. Typical policies run $15–$30/month and can be set up online in minutes.
No breed or weight restrictions — just a signed Pet Addendum at lease signing.
Here's what a typical move-in looks like for a home at $1,500/month with one pet:
| Application fee (1 applicant) | $50 |
| Security deposit | $1,500 |
| First month's rent | $1,500 |
| Processing fee | $250 |
| Pet fee (1 pet) | $100 |
| Total due before move-in | $3,400 |
Plus ongoing: $25/month pet rent and $15–$30/month renter's insurance.
Browse what's available across Michigan and Indiana, or check out our Leasing FAQ for the full breakdown of qualification requirements and how the application process works.