The minimum credit score to rent an apartment is somewhere between 600 and 620. If an applicant’s credit score is below 600, it is unlikely a landlord will rent to him. Landlords consider a number of factors in addition to the credit score when deciding whether to rent to an applicant. These other factors include rental history, credit references and proof of income.Know More
If an applicant has an extremely low credit score, it is a good idea to find a landlord who places a higher priority on other factors. Some landlords do not run credit checks at all. Credit scores range from a high of 850 to a low of 300. Anything in the upper 600s is considered average and anything above 700 is considered good to excellent.
If an applicant has a low credit score, there is no quick fix. An open line of credit with regular payments over time is the only way to really improve a credit score. If a credit score seems unusually low, the applicant may request a credit report from one of the three primary credit agencies: TransUnion, Equifax or Experian. If there is a negative mark on the credit report that the applicant disagrees with, he can contest it.Learn more in Finding a Home
Section 8 listings are for apartments that qualify for the federal housing choice voucher program. Section 8 is designated for elderly, disabled and low-income tenants, helping them afford housing in safe, sanitary living conditions. Vouchers are managed by local public housing agencies, or PHAs, that pay subsidies to participating landlords.Full Answer >
Comparing living at home versus living in an apartment entails assessing all the pros and cons of each option and weighing them against earning abilities and personal preferences. A good first step is listing how things such as expenses, finances, amenities, privacy and freedom are impacted in each setting, notes Scholarships.com.Full Answer >
One can find an apartment by looking through online listings, consulting brokers, checking through paper listings, inquiring through acquaintances and carrying out a personal physical search. When deciding on where to settle, an individual should consider several things in the area including security, the infrastructure, the taxes, proximity to amenities and closeness to the workplace or school.Full Answer >
An individual can rent Key West condos by working with a local real estate broker, contacting property owners directly through a vacation-rental or homesharing website, or consulting a resort with rental condos. The searching party should consult property reviews and reviews of vacation-rental companies before booking, USA Today recommends.Full Answer >