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Non-Student Renters

 

Guarantors FAQ

In conventional apartments, all residents in the apartment would be responsible for each other's portion of the rent.

We do our best to facilitate a safe environment at Iconic Village, but cannot explicitly guarantee safety. We highly recommend that you reach out to the Boise Police Department for any questions you may have pertaining to the area.

You will NOT receive a bill, statement, or invoice every month. Per the lease agreement, rent is due on the 1st of every month without fail and it is the Resident's responsibility to pay it through the appropriate channels.

We are only able to give a key or let someone into the apartment who is a leaseholder. If you are a Guarantor, you are financially responsible for the lease but are not considered a leaseholder. We would need permission to let you in from the leaseholder.

Our parking lot is ample and open to residents and their guests.
Otherwise, street parking is available.

This means that all our leases are electronic and will be signed electronically, work orders can be submitted through the resident portal, and all rent payments will be submitted through the online portal as well.

Approximately 90 days prior to your lease end the resident may receive an offer to renew their lease agreement. Rent will likely increase every year as is the industry standard. The resident will have a chance to sign their renewal or will be required to submit written Notice to Vacate to the leasing office, no later than 30 days prior to their lease ending date. If we choose not to offer a renewal to the resident, they will need to make arrangements to move out at the end of the lease term.

As a Guarantor, you are responsible for the financial portion of the lease. If the Resident or Leaseholder is unable to pay then you would be legally liable for the rent.

We are happy to provide a full copy of our rental criteria upon request. There are several items we look for in our Guarantor applicants. This includes but is not limited to, you must make at least 5 times the amount of monthly rent through a verifiable source, be able to pass a credit check through our third-party screening company, you cannot have any evictions on your record or owe another apartment complex money in collections. We also complete a background check. You will be required to submit an application with a copy of your ID. We require these documents in order to verify identity and that you meet the application criteria.

Residents FAQ

 

Go to the Floor Plans page and select I Am Looking For A Traditional Lease, then apply for your selected floor plan.

To pay your rent, you will log onto your resident portal to pay rent which is due on the 1st of every month. You do have the option to pay with an eCheck, which is the best option, or with a card. If you use a card to pay your rent there is a processing fee that the payment company charges. This fee is cheaper than a late fee but we do not recommend using a card to pay monthly. However, please note that if you have two checks returned, you will not have the option to pay with a check again. Please make sure everything is entered correctly and the money is in your account until it is fully processed. It may take a couple of days for your bank and ours to communicate and fully withdraw the money from your account.

While we understand that things happen, there is a process that we must follow if rent is not paid on time. Your rent is due on the 1st of each month although we do give you a grace period of 3 days. If rent has not been paid before midnight the morning of the 4th, a late fee will automatically be posted to your account. On the 4th, you will receive a legal notice on your door. This notice must be sent and is specifically worded for court. It is a bit harsh! You will have 3-days to pay your rent before legal proceedings can commence. We do not want to send anyone to eviction but if your rent is not paid and goes to eviction it will affect your record for several years and will also be placed on your credit report in collections for the outstanding balance. It is extremely important that your rent is paid on time every month.

This means that all our leases are electronic and will be signed electronically, work orders can be submitted through the resident portal, and all rent payments will be submitted through the online portal as well.

Approximately 90 days prior to your lease end the resident may receive an offer to renew their lease agreement. Rent will likely increase every year as is the industry standard. You will have a chance to sign their renewal or will be required to submit written Notice to Vacate to the leasing office, no later than 30 days prior to their lease ending date. If we choose not to offer a renewal to you, they you will need to make arrangements to move out at the end of the lease term.

Yes. We do not have to extend an offer of renewal to you. You are allowed to give us notice that you are not renewing your lease and we in turn are allowed to not offer a renewal to begin with. If you are not extended a renewal offer and instead receive a notice from us that we are not renewing your lease with us, you will need to make arrangements to move out by the end of your lease term.

All work orders can be submitted on the resident portal at any time. Maintenance will take all requests during normal business hours as soon as they are able to. This is typically within a 24-hour time period but might take longer if they are working on an emergency, a water leak for example.

If your neighbors are keeping you up late into the night, please call the police to have an officer come out and speak with them. Once you have called the police out, please send the office an email or give us a call during business hours to let us know what happened.
Please understand that there is only so much we can do when it comes to noise complaints. We will need to have police reports documenting that the police could hear a noise outside the apartment when they arrived or one of the staff members needs to be able to hear what you are hearing. We can call your neighbors and speak with them directly and also provide notices to them. Escalating from there can be a bit of a process which we can discuss if it ever gets to that point.

Our parking lot is ample and available to residents and their guests on a first come, first serve basis. Otherwise, residents and their guests will need to park on the street.

Applicant FAQ

 

In conventional apartments, all residents in the apartment would be responsible for each other's portion of the rent.

We include in your monthly payment rent, water, sanitation and general pest control.

Your rent is listed on your lease agreement. You will log onto your resident portal to pay rent which is due on the 1st of every month. You do have the option to pay with an eCheck, which is the best option, or with a card. If you use a card to pay your rent there is a processing fee that the payment company charges. This fee is cheaper than a late fee but we do not recommend using a card to pay monthly. However, please note that if you have two checks returned, you will not have the option to pay with a check again. Please make sure everything is entered correctly and the money is in your account until it is fully processed. It may take a couple of days for your bank and ours to communicate and fully withdraw the money from your account.

While we understand that things happen, there is a process that we must follow if rent is not paid on time. Your rent is due on the 1st of each month although we do give you a grace period of 3 days. If rent has not been paid before midnight the morning of the 4th, a late fee will automatically be posted to your account. On the 4th, you will receive a legal notice on your door. This notice must be sent and is specifically worded for court. It is a bit harsh! You will have 3-days to pay your rent before legal proceedings can commence. We do not want to send anyone to eviction but if your rent is not paid and goes to eviction it will affect your record for several years and will also be placed on your credit report in collections for the outstanding balance. It is extremely important that your rent is paid on time every month.

Renters insurance is a policy that protects your belongings from loss in case of damage from fire, smoke, vandalism, and more. It also protects you in many other ways but will depend on the policy itself. Renters insurance is typically around $12-$15 per month. It is not required, but is highly recommended. You are welcome to get this coverage through whomever you like.

Your deposit is based on how your application comes back. It can range from $250 to an additional 3 months rent and is refundable at move-out pending any damages or unpaid charges. The $250 deposit is due within 24-hours of your lease signing. This will continue to hold your room for you until you move-in.

As a resident, you are expected to follow the terms of your lease agreement and respect your neighbors, Iconic Village employees, and the property.

This means that all our leases are electronic and will be signed electronically, work orders can be submitted through the resident portal, and all rent payments will be submitted through the online portal as well.

Our parking lot is ample and available to residents and their guests for free, on a first come, first serve basis. Otherwise, residents and their guests will need to park on the street.

You will need to submit an application through the link on our website. Click the "Floorplans" button to start the process. You will select the room and floor plan that best suits your needs and fill out all the information. There is a $25 per person application fee. Once you start the application process you will have 48-hours to complete the entire process. You will need to provide us with a copy of your ID, Proof of Income, or a Passport and I-20.
If you do not meet the requirements on your own you will need a Guarantor. Once you are approved you will sign your lease and then pay the your $150 holding deposit. If this process takes more than 48 hours your application may be subject to cancellation and may need to be restarted entirely. In this case, all fees and deposits will be forfeited and you will need to fill everything out again. We do not want to cancel any applications! Please make sure everything is completed within 48 hours.

We are happy to provide a full copy of our rental criteria upon request. There are several items we look for in our applicants. This includes but is not limited to, you must make at least 3 times the amount of monthly rent through a verifiable source, be able to pass a credit check through our third-party screening company, you cannot have any evictions on your record or owe another apartment complex money in collections. We also complete a background check. If you meet the income requirement but do not have any credit then you might be approved with a higher deposit. If you do not meet this criteria on your own then you will need a Guarantor.

The application fee is $25 per person and a $250 reservation deposit. The reservation deposit DOES apply to your security deposit once you move-in.

Yes, student loans do count as income. We take the total loan amount per semester divided by 6 and can use that amount towards your income to qualify.

A Guarantor is someone that is guaranteeing the rent will be paid each month. This person will be liable for the financial portion of the lease in the event that you cannot pay.

We are happy to provide a full copy of our rental criteria upon request. There are several items we look for in our Guarantor applicants. This includes but is not limited to, you must make at least 5 times the amount of monthly rent through a verifiable source, be able to pass a credit check through our third-party screening company, you cannot have any evictions on your record or owe another apartment complex money in collections. We also complete a background check. You will be required to submit an application with a copy of your ID. We require these documents in order to verify identity and that you meet the application criteria.

We ask that everyone pay their move-in total online a day before move-in and setup Idaho Power in their name to start by their move-in day. We sometimes have numerous move-ins happening at the same time so it can be a bit crazy in the office. We appreciate everyone's patience while we work diligently to get everyone moved in. We will verify that you have registered for the resident portal, make sure everything is paid in full, review your move-in packet with you, and answer any questions you may have.