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.Continue Reading
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 about Finding a Home
You can find a cheap studio apartment by browsing the listings of apartments for rent on websites such as Apartments.com and ApartmentGuide.com. Choose your preferred location and price range to select studio apartments from the list of available properties.Full Answer >
The best way to find a local apartment for rent is to use a service that specializes in helping people find apartment rentals, based on a list of 10 specialty websites published by Mashable.com. Options include Hotpads, Rent Jungle, Apartments.com and MyNewPlace. Government-sponsored housing resources are valuable as well.Full Answer >
People who are low-income earners can apply either for a low-rent apartment or public housing, or can receive a voucher to pay for part or all of their rent. The U.S. Department of Housing and Urban Development, or HUD, provides this assistance, along with other state and local government programs.Full Answer >
Search for studio apartments for rent by visiting online apartment directories such as Apartments.com and ApartmentGuide.com. Each site allows you to select a location and narrow search results by price. View reviews, photographs, and amenities on each respective site to find a studio apartment that suits your needs and budget.Full Answer >