Rentcafe iconRentcafeSep 25, 2026

What is a holding deposit? A renter’s simple guide

A holding deposit is money you pay a property manager to take a rental off the market while your application is reviewed. It shows you're serious about the apartment and allows the property manager to pause other showings.

What is a holding deposit? A renter’s simple guide

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A holding deposit is money you pay a property manager to take a rental off the market while your application is reviewed.

It shows you're serious about the apartment and allows the property manager to pause other showings.

If your lease is approved, the holding deposit usually counts toward your move-in costs.

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A holding deposit is money you pay a property manager to take a rental off the market while your application is reviewed. It shows you're serious about the apartment and allows the property manager to pause other showings. If your lease is approved, the holding deposit usually counts toward your move-in costs.

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