Get a $600 gift card when you choose a 4 bed/4 bath home today!

Use code 600GC to receive your gift card now through May 31st only - PLUS choose the Belvedere floor plan for only $1150/mo!

Terms and conditions may apply. Contact the team for more info.

Frequently Asked Questions

Find answers to your questions about life at Prosper on Fayette—Baltimore’s premier student living community.

 

Learn everything you need to know about our luxurious apartments, modern amenities, and convenient location just steps from UMB and UMMC.

The application process is simple and streamlined:

    • Apply: Start by filling out our online application form—it only takes a few minutes.

    • Screening: We’ll conduct a standard background and credit check to verify eligibility.

    • Result: Once your screening is complete, we’ll notify you of your application status, typically within a few business days.

    • Execute Lease: If approved, you’ll receive your lease to sign electronically.

    • Move In: After your lease is signed and move-in details are confirmed, you’re all set to move into Prosper on Fayette!

Yes! We offer secure, reserved parking spaces in our attached garage—perfect for keeping your vehicle safe and accessible. Parking can be requested during your application process, and spaces are assigned on a first-come, first-served basis, so be sure to apply early.

Individual Leasing, also called “by the bedroom leasing,” means that you are only responsible for your bedroom, bathroom, and shared common area. If another roommate decides to skip, sublet/lease-takeover, or damage the apartment in any way, then they are liable for the rent and damages in their individual space, unlike in joint leases.

While it’s not required, Prosper on Fayette highly recommends students buy renter’s insurance to protect your personal belongings in case of unexpected events like theft, fire, or water damage. Many providers offer affordable student-specific policies for peace of mind.

This program is a Security Deposit waiver related to physical damages caused to the building by the resident. This program covers physical damage caused by the resident or their guests inside the unit up to $500. This program covers physical damage caused by the resident or their guests that continues outside the unit up to $100,000. This is a required program.

You will be notified immediately by email or by telephone within three (3) business days (Mon-Fri) from submitting the application and required processing fee.

Prosper on Fayette conveniently offers 12-month lease terms that align with the academic calendar, making it easy to secure your housing for the entire school year, perfect for UMB and UMMC students!

Yes.

A maximum of two (2) pets are allowed per apartment, with a limit of one (1) pet per lease. Breed restrictions and weight limits apply. There will be a one-time, non-refundable pet fee (per pet) and a monthly pet rent (per pet).

At Prosper on Fayette, your monthly installment covers:

  • Water and Sewer (up to a utility cap)

  • High-speed Internet

  • Trash removal

  • Pest control

Rental criteria

Thank you for your interest in our community. We value all applications for residency and ensure a comprehensive and equitable evaluation process using the following criteria:

Application for Residency: An application for residency must be completed and maintained for each person 18 and older who will be living in the apartment and/or contributing to the payment of rent. Proof of legal emancipation must be provided for any applicant(s) under 18. Where applicable, the applicant must be currently accepted/enrolled and in good standing with the College/University to qualify for residency.

Identification: All applicants must present a valid government-issued photo ID.

Occupancy: Occupancy standards are one (1) person per bed unless stated otherwise.

Rental History: A positive record of on-time payments, no balances owed, no history or default lease obligations nor violations of rules and regulations, and no damages are expected. Eviction within the prior five (5) years may result in denial.

Credit History and Criminal Background Check: As part of our application process, we partner with an independent screening agency. They will assess your consumer credit report and conduct a criminal background check. This includes reviewing your accounts, payment history, outstanding debt, and any relevant information about you, such as any previous unlawful detainer actions. All applicants and occupants 18 and older will be subject to a criminal background check. Criminal convictions may result in a declined application depending on the nature, number, and severity of the offense(s) and the time since the conviction occurred.

Income: Applicant(s) applying without a guarantor or guarantor waiver program, non-students, and guarantors must make three (3) times the market rent to qualify for residency.

Lease Guarantor(s): Guarantors are required on student housing properties unless the Applicant can qualify for credit on his/her own. Lease Guarantors may be accepted for income verification purposes only and must reside in the U.S. Guarantors must meet all income and credit qualifying criteria. Guarantors are jointly and severally responsible for the lease and will be required to sign a guaranty addendum. Guarantors are responsible for the entire lease and all assignments, renewals, modifications, or extensions.

Non-U.S. Citizens: Applicant(s) must provide a valid U.S. Citizenship (USCIS) document that entitles you to be in the United States in addition to a Passport or Visa. Acceptable forms include, but may not be limited to, I-551, I-766, and I-94. Foreign students with an F1 Visa must show USCIS document 1-20 and verify current enrollment in a U.S. school.

Unit/Roommate Assignment: Room assignments and move-in dates are based upon availability after current residents renew and on the date the Lease Contract is fully executed (deposit and fees paid, application and Guarantor approved if required, and a lease signed). You acknowledge that your permission is not required to lease vacant bedrooms in the apartment assigned to you. You understand roommate compatibility is not guaranteed.

Pet Policy: A maximum of two (2) pets are allowed per apartment, with a limit of one (1) pet per lease. Breed restrictions and weight limits apply. There will be a one-time, non-refundable pet fee (per pet) and a monthly pet rent (per pet).

Resident Shield: This program is a Security Deposit Waiver related to physical damage caused to the building by the resident. This program is mandatory for all leaseholders and reoccurs on an annual basis.

Notification: Applicant(s) will be informed of the status of their application immediately or by telephone within three (3) business days (Mon-Fri) from submitting the application and the required processing fee. If the applicant is declined or accepted with an additional deposit and conditional rent, the applicant(s) will be given an adverse action letter with information to contact the independent applicant screening company to request copies of the information used to determine eligibility for occupancy. The Landlord and RISE Residential, LLC, their agents, partners, members, employees, affiliates, and subsidiaries cannot be held responsible for inaccuracies in any information obtained from the independent applicant screening company.

Effective 09/04/2024