What Credit Score Do I Need to Rent an Apartment?

A credit score of 680 or higher is considered "fair or better" and generally makes renting an apartment easy. According to a study conducted by the credit bureau Transunion, among tenants with credit scores of 680 or above, only about 10 percent ever faced a 90-day delinquency on their rent. The likelihood of a 90-day delinquency was much higher among tenants with a credit score of below 650 (31 percent) and 600 (51 percent).

many times you may lease an place of residing inspite of your credit. it rather is the case as long as you may show a stable previous condominium fee history and stable reference from a prior landlord. in case you have a sparkling criminal checklist and stable references then even undesirable credit report shouldn't ward off you from renting as long as you have the earnings to help the lease fee. intense end apartments may well be an exception however the midsection type and genuinely decrease end apartments many times are greater worried mutually with your employment, criminal checklist and stable condominium history.