Can you rent an apartment with no deposit?


Quick Answer

Assurance Protection Group is a company that provides a service to tenants, enabling them to move into homes with no security deposit, when approved by a landlord. APG offers protection plans to landlords to rid them of the potential liability of property damage that is often associated with rental properties.

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Full Answer

Security deposits are designed to cover any potential damage that a tenant might cause to a property, notes Apartments.com. Without this protection, a landlord has to incur all tenant damages. Services such as those offered by APG not only cover the landlord, but also make move-in costs cheaper for tenants who don't have the money for a security deposit. The benefit is provided only for those landlords who accept APG services.

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