Condo Fees vs. HOA Fees

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Condo Fees vs. HOA Fees 

“What is the difference between Condominium Fees and Homeowners Association Fees?” is a common question we receive from our buyers, especially those who have maybe never resided in areas that are subjected to such fees. Here is everything you need to know: 

In order to provide the absolute best explanation of condo fees, let’s start with a quick definition of a condominium property. A condominium is a compound building made up of separate, individually-owned, residential units with shared common areas. Condos are managed by an elected condo board/association. With condos, a lot is typically covered and maintained by the association compared to living in a single-family home subjected to an HOA, making it a great option for those who are looking for minimal maintenance, or who may be physically at their condo a small portion of the year. 

The Grove Resort & Water Park Condos

What Do Condo Fees Typically Include?

  • Landscaping
  • Maintenance of the grounds
  • Basic Cable
  • Maintenance of amenities (pool, fitness center, parks, club house, etc.)
  • Homeowners Insurance
  • Assigned parking
  • Trash pick up
  • Gate/security 
  • Deed Restrictions, individual units are individually owned, but have joint ownership of common areas. 

Condo fees are typically due monthly or quarterly and can range anywhere from $200-$800 per month or quarter and the cost is calculated based on how much it costs to maintain and manage the entire condo complex. 

A Homeowners Association or an HOA, is an organization in a planned community that establishes and enforces rules for the homes within its jurisdiction. Every resident who lives in a community subjected to an HOA is required to pay an HOA fee. 

What do HOA fees typically cover?

  • Amenities (Community pool, club house, fitness center, parks, playgrounds)
  • Repairs to common areas
  • Some HOA fees will cover lawn/landscaping maintenance 

Like condo fees, these are paid on a monthly or quarterly basis. The fee can range from $100-$700 per month or quarter. Typically, the more services or amenities, the higher the fees. You’ll often see higher HOA fees in resort-like communities here in Orlando. 

Now here are the main differences between the two fees: 

The Extent of Ownership

As mentioned earlier, with condominiums each resident owns their individual unit, however, there is joint ownership on common areas, therefore, condo fees will go towards maintaining those common areas that are shared in ownership. This is why condo fees are often higher than 

HOA fees, as HOA fees are not used towards maintaining other homes in the community, there is no shared property as with condos. 


In an HOA community, each resident is required to pay an equal share of maintenance for common areas. 

In Condo Associations monthly costs are not always split equally as they are in HOA communities. In some cases, you will see owners of larger units having larger ownership over common areas, therefore they are paying more. 


BOTH condo associations and homeowners associations have the power to set fines against its members. Fines are given to members when rules and regulations of the association are broken.

Important Note: If you are financing your home, your lender will include condo/HOA fees into your monthly payments. It is important to receive association fee information as you see homes with your Realtor, as it will be a determining factor as to whether the home supports your budget and loan amount. 

Tiana Perez

As a proud Orlando native, helping others find their place to call home sweet home in this magical city has been an absolute blast and privilege. I earned my BA in Psychology with a minor in Sociology from the University of North Florida in 2017, however, after graduating, I realized my true passion has always been with homes and interior design. A couple of years later, and here I am--one of your Magical Moves Realtors! I truly have the best job in the world. In my spare time, I am a big-time baker, crime docs binge-watcher, and homebody. Thank you for reading a little bit about me, I look forward to assisting you on your Magical Move! ✨

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