Can you rent an apartment with bad credit?

+1 vote
asked Jul 1, 2017 in Real Estate - Renting by Sparmo (280 points)
Can you rent an apartment with bad credit?
If you have a bad credit rating can you still rent an apartment?

1 Answer

0 votes
answered Jul 14, 2017 by Shawn (99,990 points)
It depends on the apartment you plan on renting. If you plan on renting a crappier apartment then you might not have to have good credit. But if you plan on renting a newer apartment that is high end then yes you'll most likely require having a good credit rating.

A credit rating for renting an apartment will need to be at least 620 any less than that then you're not likely to get the apartment.

If you have bad credit then you might get an apartment by having a roommate with good credit signing the lease along with you or have someone you know such as your parents cosign the lease.

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