Skip the big security deposit. Move in for as little as $10/month instead of paying hundreds — or thousands — upfront.
Your landlord stays fully protected. You keep your money where it belongs — in your pocket. The Security Deposit Alternative replaces the traditional security deposit with a low monthly fee, so you can move in faster with less financial stress.
Your landlord or property manager signs up to offer the Security Deposit Alternative at their property through RMO’s MAPS program.
Become an RMO member to access the Security Deposit Alternative and dozens of other financial products and services.
Instead of a large upfront deposit, you pay a low monthly fee starting at just $10/month. That’s it.
Renters save hundreds or thousands of dollars at move-in. Use that money for furniture, first month’s rent, or anything else.
Property managers get the same level of damage and liability protection they’d have with a traditional deposit — backed by RMO.
Offering a deposit alternative makes units more accessible to a wider pool of qualified renters, reducing vacancy time.
No deposit escrow accounts to manage, no refund disputes at move-out. RMO handles the protection side so you don’t have to.
Enrollment is fast. Once your landlord offers the program and you’re an RMO member, you can start immediately — no waiting.
As an RMO member you also get access to checking, savings, loans, protection products, and more — all under one roof.
Choose your path below to get started with the Security Deposit Alternative.
Offer the Security Deposit Alternative to your tenants. Reduce vacancies, eliminate deposit escrow headaches, and attract more renters.
Request Information →Want the Security Deposit Alternative but your landlord doesn’t offer it yet? Submit their info and we’ll reach out on your behalf.
Refer Your Landlord →Instead of paying a large upfront security deposit (often $500–$2,000+), qualified renters pay a low monthly fee starting at just $10/month. Your landlord is still protected — but you keep more cash in your pocket when you move in.
Starting at just $10 per month. The exact amount may vary based on your rental agreement and property. RMO membership is required.
Yes. The Security Deposit Alternative is available exclusively to RMO members. Join RMO to access this and many other financial products, protection services, and member benefits.
The Security Deposit Alternative must be offered by your landlord or property manager. If they don’t offer it yet, you can refer your landlord and we’ll reach out on your behalf.
RMO provides the same level of coverage that a traditional security deposit would offer. Landlords can file claims for covered damages just as they would with a standard deposit, backed by RMO’s protection programs.
Your monthly fee simply stops. There’s no deposit to argue about getting back. If there are damages, your landlord files a claim through the program — not against you personally for a deposit refund.
