what does my credit score need to be in order to rent an apartment or house?

relocating and trying to find housing before my move
(0) | asked by: Christine McCown | share | 16 months ago | Report
2500 characters left
Answer Tips: Share your knowledge. Be on-topic . Refrain from self-promotion.
* Refer to our community guidelines.

Answers

Viewing Answers 1 - 6 of 6
answer by Ryan Huggins    |   Visit My Website   |   Contact Me
Often this varies by complex and by landlord. Some may look at other factors to offset a low credit score.
0
0
Answer Helpful?
2 months ago  |   Report   |   share
answer by Maurice Hill    |   Visit My Website   |   Contact Me
An credit score that is acceptable by a landlord is subjective. However, if you have a known credit issue that you feel is a result of unfair reporting by a past landlord, you can write to the landlord and the credit bureau disputing the debt and informing them that the information given them by the landlord is incorrect. It may be helpful to send the credit agency a copy of any inspection lists or other letters that you wrote to your landlord concerning the debt. Under the Fair Credit Reporting Act, a person may have incorrect or incomplete information corrected without charge. If a tenant disputes information in their credit report, the credit bureau must investigate it within a reasonable period of time unless it believes that the dispute is irrelevant or frivolous. If after investigation a disputed item is found to be inaccurate or can no longer be verified, the credit bureau must delete it. If the investigation does not resolve the dispute, the tenant may file a statement of up to one hundred (100) words with the credit bureau. This statement becomes part of the credit report unless the credit bureau has reasonable grounds to believe it is frivolous or irrelevant.
0
0
Answer Helpful?
2 months ago  |   Report   |   share
Baron Lights
answer by Baron Lights   
What does my credit need to be to rent an apartment
0
0
Answer Helpful?
3 months ago  |   Report   |   share
answer by Scott Samford    |   Visit My Website   |   Contact Me
Most Landlords will be looking for a credit score near or above 600. Some might take less some may demand more, however they are also going to be looking at why it is bad. If you have any evictions or have recent troubles on there, you are in for a hard time. The market is pretty crazy at lower price points right now so be ready to compete with a slew of other renters. If you are asking how good your credit score needs to be most likely your application is not going to be the best on a hot new property. You can try going in strong with offering double or triple security deposit to offset your credit. Or I would suggest you look for properties that have sat on the market for sometime, that means they are overpriced usually. If it has sat for a couple of months that could help as they may be willing to take on a bit of a gamble at that point to get some cash flow in. If you can find a agent to help out they may be able to get all your ducks in a row and find out which listings are worth you putting an application on and which ones would be flushing the fee down the toilet. Good luck
0
0
Answer Helpful?
16 months ago  |   Report   |   share
answer by Kat Myrthil    |   Visit My Website   |   Contact Me
Hello Christine, every property management company has their own criteria. There's no set credit score. I would suggest finding a home or apartment you like and finding out their criteria and what score they require. Good luck with your search.
0
0
Answer Helpful?
16 months ago  |   Report   |   share
answer by Natalie Sjaardema    |   Visit My Website   |   Contact Me
Hi Christine, many renters have less than healthy credit scores because of the condition of the economy over the past few years. If you have a score of at least 680 AND a decent amount of money in the bank, I would rent my listed properties to you ... but every landlord and agent has their own set of standards. Best of Luck to you!
0
0
Answer Helpful?
16 months ago  |   Report   |   share
Please read Homes.com's Questions & Answers Community Guidelines.