Can I get an apartment with a 500 credit score?
Apartment tenants often have lower credit scores than those seeking a mortgage, but landlords still have to assess risk.
If your credit score is too low, then more than likely you’ll be facing denial.
According to Rentprep.com, the closer a tenant is to a score of 500, the more likely for denial..
Do all apartments run credit checks?
Apartment complexes that are owned by large property management companies typically require a credit check on all applications. These property managers will most likely turn you down if you have bad credit.
What kind of credit score do you have to have to rent an apartment?
620Most individuals or companies renting an apartment want credit scores from applicants to be 620 or higher. People with credit scores lower than 620 may indicate a high risk of default on rent owed.
Can you be approved for an apartment with bad credit?
Yes, you can rent an apartment with bad credit. It isn’t going to be easy, but it’s not the end of the world. If you’re able to find an accommodating property manager and are willing to jump through some hoops, you’ll be able to get an apartment, even if your credit is bad.