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How Much Does Padder Guarantor Cost?

Tenant-funded, per lease—not per occupant.

Padder Guarantor is fully funded by the tenant. The cost generally ranges from 30% to just over one month’s rent, depending on the tenant’s profile, the required coverage amount, and what is permitted in their province.

Key details for landlords:

  • You pay nothing—Padder is entirely tenant-funded
  • Cost is based on the lease, not per individual—so roommates can split the fee
  • Pricing is proportional to the monthly rent and reflects the risk and duration of coverage
Tenants receive a personalized quote after applying, and coverage is only activated once payment is made.