diff --git a/api/services/elastigroup/aws/schemas/elastigroup-strategy.yaml b/api/services/elastigroup/aws/schemas/elastigroup-strategy.yaml
index d3a0dff20..c267f53f1 100644
--- a/api/services/elastigroup/aws/schemas/elastigroup-strategy.yaml
+++ b/api/services/elastigroup/aws/schemas/elastigroup-strategy.yaml
@@ -28,6 +28,12 @@ properties:
     example: true
     description: |
       When set to `true` Elastigroup will launch On Demand instances if no spot market is available
+  considerODPricing:
+    type: boolean
+    default: false
+    example: false
+    description: |
+      When the value is set to `true`, Elastigroup will prioritize launching On-Demand instances if they are found to be more cost-effective than available Spot markets.
   utilizeReservedInstances:
     type: boolean
     description: |
diff --git a/api/services/elastigroup/aws/schemas/elastigroupCreate.yaml b/api/services/elastigroup/aws/schemas/elastigroupCreate.yaml
index 46cb26271..85f3542c9 100644
--- a/api/services/elastigroup/aws/schemas/elastigroupCreate.yaml
+++ b/api/services/elastigroup/aws/schemas/elastigroupCreate.yaml
@@ -96,6 +96,12 @@ properties:
             example: true
             description: |
               When set to `true` Elastigroup will launch On Demand instances if no spot market is available
+          considerODPricing:
+            type: boolean
+            default: false
+            example: false
+            description: |
+              When the value is set to `true`, Elastigroup will prioritize launching On-Demand instances if they are found to be more cost-effective than available Spot markets.
           utilizeReservedInstances:
             type: boolean
             description: |