Dexter Oaks Cooperative

A resident-owned community

How much does it cost to live in Dexter Oaks Cooperative?

 

Community members decide whether to increase the rent and by how much.

  • Each Member household pays three charges.
  • The first is the Application Fee of $48 for each adult in the home.
  • The second charge is one-time Membership Fee of $100. And, Members get their Membership Fee back if they sell their homes.
  • The third charge is the lot rent that is collected monthly to pay for operating expenses like taxes, insurance, trash/recycling collection and the Corporation’s mortgage payments. Lot rent is currently $285-$325 per month for existing homes.
  • Interested in bringing your home in to Dexter Oaks? We have undeveloped lots for rent for $375 per month, which includes $50 per month toward the concrete pad. There is also one triple lot available for your home for $475 per month. Contact us for information on lot rents for specific areas of our community.
  • Lot rent includes water, sewer, and garbage costs.
  • We now have control over when and why our rent changes.
  • Find out more about the application process here.