Modera Creative Village Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Thinking about renting at Modera Creative Village Apartments in Downtown Orlando? Rent here runs $1,542 – $4,851, and renters insurance adds about $16/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

Get Renters Insurance for Modera Creative Village Apartments

Compare renters insurance quotes in seconds

505 Chatham Ave, Orlando, FL 32801

Downtown Orlando

Managed by Mill Creek Residential Built 2022 8 stories 292 units
5/5 ·123 reviews Apt. Finder
$1,542 – $4,851 /month

Monthly Cost Breakdown at Modera Creative Village Apartments

The listed rent isn't the whole number. Here's what Modera Creative Village Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,718 – $5,027
Base Rent $1,542 – $4,851
Required Monthly Fees $160
Est. Renters Insurance $16/mo

Renters Insurance at Modera Creative Village Apartments

What Affects Your Premium Here

Every building is different. These factors specific to Modera Creative Village Apartments can push your insurance cost up or down:

Open Access

No gated or controlled access — higher theft exposure

AreaVibes

Crime grade: B+

What You'll Likely Pay

$16

Est. Monthly

$196

Est. Annual

$16

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Modera Creative Village Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$30,000 recommended

If you own less

$20,000

If you own more

$50,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Pool on premises — higher liability recommended for accidents at shared amenities

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Modera Creative Village Apartments:

Carrier Monthly Annual
Lemonade $11/mo $128/yr
USAA $12/mo $144/yr
State Farm $16/mo $192/yr
Progressive $17/mo $208/yr
Safeco $17/mo $208/yr
Travelers $19/mo $224/yr
Allstate $20/mo $240/yr
Nationwide $20/mo $240/yr
Farmers $21/mo $256/yr
Liberty Mutual $24/mo $289/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $16/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

Compare Quotes Free · No account required

Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Orlando.

B+

Area Crime Grade

Detailed FBI property-crime data isn't available for Orlando in the latest reporting cycle, so we're showing the AreaVibes neighborhood grade as a general signal. Modera Creative Village Apartments has on-site security features (Package service) that insurers recognize with premium discounts.

On-Site Security

Package service

Fees Beyond Rent

These are the additional charges beyond base rent at Modera Creative Village Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Resident Liability Program

Charged per unit.

$15 / mo

Trash

Charged per unit.

$25 / mo

Internet Service

Charged per unit.

$60 / mo

RentPlus (Credit Reporting)

On-time rent payment credit reporting. Charged per unit.

$8.95 - $14.95 / mo

Electric

Paid directly to the service provider. Charged per unit.

Varies / mo

Common Area Electricity

Billed by Conservice and paid to community. Charged per unit

Varies / mo

Gas

Billed by Conservice and paid to community. Charged per unit

Varies / mo

Sewer

Billed by Conservice and paid to community. Charged per unit

Varies / mo

Water

Billed by Conservice and paid to community. Charged per unit

Varies / mo

Application Fee

Charged per applicant.

$100

Administration Fee

Charged per unit.

$300

Security Deposit

Subject to screening approval. Charged per unit.

$300

Pets Fees

Pet Screening

Dog

$30

Pet Fee

Max of 2. Charged per pet.

$350

Pet Rent

Max of 2. Charged per pet.

$25 / mo

Parking Fees

Parking (Second Space)

Max of 1. Limited to 1 per leaseholder, max of 2 per home Charged per vehicle.

$100 / mo

Parking (First Space)

Max of 1. Limited to 1 per leaseholder, max of 2 per home Charged per vehicle.

$50 / mo

Addons Fees

Lease Modifications

Charged per unit.

$350

Situational Fees

Transfer Fee

Charged per unit.

$1,000

Amenities

Special Features

Designer light fixtures Double-Door Refrigerators with Water Dispenser* Serene Bathrooms with Backlit Bathroom Mirror Serene bathrooms with double vanities and backlit mirrors Smart Living with USB Outlets Social lounge with outdoor games and active courtyard Stylish High Gloss Cabinets* Earn up to 2.75% interest on your security deposit through our partnership with Whale Moveable kitchen islands* Single basin sink with pull down faucet Stainless steel appliances with double-door refrigerators* Stunning Kitchens with 42” Contemporary Cabinets Wood plank-style flooring Bike-friendly community with storage and a bike score of 76 Keyless Entry System with Smart Access Spacious closets, linen closets and pass-through closets* Studio, 1-, 2-, and 3-Bedroom Apartment Homes in Downtown Orlando Upgraded homes available with high gloss cabinets, double door refrigerators with water dispenser, a Controlled Guest Access Gourmet kitchens with quartz countertops and 42' custom cabinetry and tile backsplash Spacious closets* Studio, 1-, 2- and 3-bedroom apartment homes Your Choice of 2 Kitchen Finishes: Light Brown or Dark Brown 1 block from UCF downtown campus and Valencia College Dedicated pantry space* Designer style fixtures Double Vanity* Environmentally-Conscious Design Elements Plank-Style Flooring Smart home tech featuring keyless entry, smart thermostats and USB outlets Smart Thermostat Upgraded Cabinet Pulls* Upgraded Kitchen & Bath Faucets* Linen Storage* Luxe Stainless Steel Appliances Plush carpeted bedrooms* Single Basin Sink Convenient access to I-4 and LYNX station Minutes from the Lake Eola Park Pass-Through Closets* Pet-Friendly community with pet spa Stylish Tile Backsplash in Kitchen 20 Miles from Disney World Built-in shelving & storage* On-time rental payment reporting through RentPlus Sleek Designer Light Fixtures Sparkling Quartz Countertops

Community Features

Elevator Clubhouse Courtyard Fitness Center Pool

Floor Plan Amenities

Washer/Dryer Air Conditioning Dishwasher

Pet Policy

Bringing a pet? Here's what Modera Creative Village Apartments allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

Cats Allowed
$25 Monthly Pet Rent
$350 Fee
120 lb Weight Limit
2 Pet Limit

About Modera Creative Village Apartments

Year Built: 2022
Stories: 8 stories
Units: 292
Management: Mill Creek Residential
Phone: (689) 220-2079

From the property listing:

Modera Creative Village apartments in downtown Orlando provide a place to thrive! When you choose a comfy studio, one, two, or three-bedroom floor plan, you will find perfect functionality combined with a beautiful aesthetic. Each apartment is designed with the way you live in mind and includes Smarthome features, stunning kitchens, and plenty of storage. All plans are spacious enough to spread out and express your style. A brand new home awaits your next chapter.

Other Options Nearby

Still weighing your choices? These communities are in the same part of Orlando — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does Modera Creative Village Apartments require renters insurance?
We didn't find a public insurance requirement for Modera Creative Village Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Modera Creative Village Apartments?
For this zip code and building type, expect to pay around $16/month ($196/year). For context, the statewide average is $16/month, so this building is right around average.
What will I actually pay per month at Modera Creative Village Apartments?
Plan for $1,718 to $5,027/month all-in. That's base rent ($1,542 – $4,851), plus $160/month in required fees (trash, utilities, etc.), plus roughly $16/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Modera Creative Village Apartments allow pets?
Yes, Modera Creative Village Apartments is pet-friendly. Here are the details: Cats Allowed. $25 Monthly Pet Rent. $350 Fee. 120 lb Weight Limit. 2 Pet Limit. Standard renters insurance covers pet-related liability at no extra cost.
How safe is the area around Modera Creative Village Apartments?
The area is fairly safe, with a B+ crime grade. On the property itself, you'll find package service — features that can also qualify you for insurance discounts.
What floor plans does Modera Creative Village Apartments offer?
There are 12 floor plans to choose from, spanning 1-bedroom, 2-bedroom, 3-bedroom, studio layouts. Rent ranges from $1,542 – $4,851. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

Get Renters Insurance for Modera Creative Village Apartments

See how much you could save on renters insurance

Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

SafeButler Inc. strives to ensure that the information on this site is up to date, but we will not be held liable for any delays, inaccuracies, errors, or omissions. This site and all materials contained on it are distributed and provided "as is" and "as available" for use. SafeButler.com makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.

Your privacy

We use cookies to run this site, measure how it's used, and support our advertising. See our Privacy Policy for details.