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Would i qualify for this apartment?
I make about 15600 a year and i want to get a two bedroom apartment for 629 a month. My credit score is about 620, i have not rented before so i dont have that rental experience. Do u think i will qualify?
3 Answers
- rtfmLv 78 years agoFavorite Answer
Not a chance. Your income is $1300 a month. You should spend about 1/4 that on rent -- certainly not more than 1/3. That means you can afford rent of about $325-$435 a month.
Seems like it's time to consider sharing with a roommate.
- 8 years ago
From past experience i've learned that apt have a benchmark of income 3x the monthly rent. They will expect you to make (by my estimate) $1890 per month. I live in phx
Source(s): No research but I have lived in 4 different apts - RobLv 78 years ago
Seriously NOT.
do the math , u do not make enough.
with what u earn the most u can safely afford
is 450$ month.
here locally , u need 1st month , security deposits,
application fees up front.
u need deposits for utilities.
u need renters insurance.
Source(s): ex renter
