Just how important is a rental history?

Question

I've completed my university degree and am at my first "real" job. I still live at home but am looking to move out. I found this apartment building that would be perfect for me, but I'm a bit worried since you have to fill out a rental history section of the application. They ask for your banking info, income, etc., which is fine (my credit is good, my income is 3x the rent they're asking, etc.). These apartments are quite upscale, but nothing I can't afford. Does anyone have any experience with this? Thank you very much.

linkus86 · Accepted Answer

Rental history is a type of credit history.  If you had no credit history but had a history of paying your landlord on time every month, you would look good and in your case, stellar credit with no rental history is excellent news to a landlord.  The other financial information they request is just to make sure you can afford the rent as it is possible to have good credit but not enough income to cover their rent.

David · Answer

Since you have been living at home and have the 3x income to pay for the rent, rental history is not important.

Rental History is important to Apartment Manager only if the individual have an eviction.

Anonymous · Answer

Everyone has to start a rental history at some point in life right?  well nows your chance if you have good credit and plenty of money to cover the rent I dont see what the problem would be.  Just fill out the papers and see what happens.

greymoon50 · Answer

Just explain your LACK of rental history with your leasing agent or the manager. When a rental history is checked they are more concerned with BAD history.     IE..... non payment of rent , damage to units constant move in and outs. than lack of history .

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Just how important is a rental history?

4 Answers