**No security deposit!** This unit is taking over a lease. The lease end date is January, then it goes month to month. You have to option to do a new lease for a year to receive lower rent. The current units are renting for more than the lease of this apartment. The unit is new and only lived on for two months. Great for someone needing short term housing due to a move, relocation, or divorce. ** There is a $500 security deposit on the apartment now that would be transferred to the new occupant. You do have to credit and income qualify.