Average Credit Score need to get an apartment

Sara · 09-16-2008, 10:30 PM

So I'm hopefully getting an apartment in the next 3-4 weeks. I've never applied for an apartment before. I'm really stressing I wont get approved. What is the average credit score you need for an apartment without a co signer?

PLAYON · 09-16-2008, 11:36 PM

nobody?

lauer87 · 09-16-2008, 11:44 PM

Last time I applied for an apartment, my score was low 700's, but thats decent credit and was accepted right away. I would think that high 500's, low 600's should be good most places, but I have absolutely no clue how accurate these numbers are. Any place will take you if you could get a parent or someone else with good credit to cosign with you. Hope this helps

ACZakka325i · 09-17-2008, 01:46 AM

dude, 500-600 is bad credit.

You want to be at least in the 700's

Are you financing to buy or just renting?

If renting, don't stress it. You should be fine.

!Xoible · 09-17-2008, 01:47 AM

high 600's to 700's

H0v07 · 09-17-2008, 02:01 AM

Where are you looking to rent? Depending on Location and Landlord. Some landlords will let you get the place regardless of credit score, but if it’s a penthouse on Hollywood and Vine there going to be picky about your credit score.

gonzo · 09-17-2008, 07:53 AM

They will more than likely love to rent a unit. Unless the place has a waiting list. It is more about the person than the score. If your score is low but you present yourself well and explain the situation you will be fine. They may ask for more deposit money. Most multi family organizations are more flexible than people think. Some, on the other hand, are strict and snotty.

Sh0cker · 09-17-2008, 08:25 AM

I don't know about your market but around here there are many vacant rentals. Landlords are falling over themselves to rent their units.

iatacs19 · 09-17-2008, 08:37 AM

if you don't have enough credit, have your parents or other party with good credit co-sign for you.

Sara · 09-17-2008, 10:48 AM

Quote:

Originally Posted by iatacs19

if you don't have enough credit, have your parents or other party with good credit co-sign for you.

I cant do that.

Sara · 09-17-2008, 10:49 AM

My credit score is over 700 so I guess Im good then. Thanks guys!

jlstyle · 09-17-2008, 11:05 AM

Quote:

Originally Posted by lauer87

Last time I applied for an apartment, my score was low 700's, but thats decent credit and was accepted right away. I would think that high 500's, low 600's should be good most places, but I have absolutely no clue how accurate these numbers are. Any place will take you if you could get a parent or someone else with good credit to cosign with you. Hope this helps

500 range is less than grade C and considered VERY Bad.
Mid 600 is still pretty bad.

Park2670 · 09-17-2008, 11:13 AM

I dont think youre going to have a problem. A weirdo at my job just got an apt on a golf course. For a good price too. His friend that cosigned doesnt even have a job.

lauer87 · 09-17-2008, 12:09 PM

Quote:

Originally Posted by jlstyle

500 range is less than grade C and considered VERY Bad.
Mid 600 is still pretty bad.

I didn't mean its a good credit score, I meant that because vacancy rates are on the up and up, you shouldn't have a problem with those scores

Prissy · 09-17-2008, 12:54 PM

Anywhere I can check credit score for free ??

Spec 1 · 09-17-2008, 01:39 PM

Quote:

Originally Posted by gonzo

They will more than likely love to rent a unit. Unless the place has a waiting list. It is more about the person than the score. If your score is low but you present yourself well and explain the situation you will be fine. They may ask for more deposit money. Most multi family organizations are more flexible than people think. Some, on the other hand, are strict and snotty.

No need to worry about a credit score simply for renting an apartment. Possibly if renting a nice house, but generally you can have a low/mid 500 credit score and rent anywhere you'd like. It's purchasing that credit is really tied into.

Quote:

Originally Posted by Prissy

Anywhere I can check credit score for free ??

FreeCreditReport.com

Bimmeration · 09-17-2008, 02:00 PM

national average is about 670. where are you planning to rent?

Prissy · 09-17-2008, 04:23 PM

Quote:

Originally Posted by Spec 1

No need to worry about a credit score simply for renting an apartment. Possibly if renting a nice house, but generally you can have a low/mid 500 credit score and rent anywhere you'd like. It's purchasing that credit is really tied into.

FreeCreditReport.com

Do you register and cancel the membership before the trial ends?

vq352k · 09-17-2008, 04:42 PM

Quote:

Originally Posted by Prissy

Do you register and cancel the membership before the trial ends?

yup....

isn't Sara 18 or something... and already has a 700+ credit score???

Prissy · 09-17-2008, 04:54 PM

Someone told me that everytime you check your credit score, your score will become lower... Is that true at all?

Sara · 09-17-2008, 05:02 PM

Quote:

Originally Posted by vq352k

yup....

isn't Sara 18 or something... and already has a 700+ credit score???

I turned 21 three weeks ago.

I have never been late on a payment for my credit cards or my car loan. I am always on time. Im a good girl.

SDTopless · 09-17-2008, 05:32 PM

have at least a 620 please

09-16-2008, 10:30 PM	#1
Sara Lieutenant General 5885 Rep 17,879 Posts Drives: A car Join Date: Aug 2007 Location: Nola iTrader: (6)	Average Credit Score need to get an apartment So I'm hopefully getting an apartment in the next 3-4 weeks. I've never applied for an apartment before. I'm really stressing I wont get approved. What is the average credit score you need for an apartment without a co signer?
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09-16-2008, 11:36 PM	#2
PLAYON Major 265 Rep 1,414 Posts Drives: 2008 BMW 550i Join Date: May 2008 Location: East Coast iTrader: (0) Garage List 2008 BMW 550i [0.00] 2003 Audi A4 [0.00]	nobody? __________________
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09-16-2008, 11:44 PM	#3
lauer87 Lieutenant 8 Rep 586 Posts Drives: 335xi Join Date: Sep 2007 Location: USA iTrader: (0)	Last time I applied for an apartment, my score was low 700's, but thats decent credit and was accepted right away. I would think that high 500's, low 600's should be good most places, but I have absolutely no clue how accurate these numbers are. Any place will take you if you could get a parent or someone else with good credit to cosign with you. Hope this helps
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09-17-2008, 01:46 AM	#4
ACZakka325i Colonel 283 Rep 2,008 Posts Drives: 2 stroke Join Date: Jul 2005 Location: CT iTrader: (2)	dude, 500-600 is bad credit. You want to be at least in the 700's Are you financing to buy or just renting? If renting, don't stress it. You should be fine. __________________ (Waitlist): #1 M2CSL (Current): 2016 F15 X5 3.5xdrive - 2010 997.2 C4S Coupe (Past): 2016 F30 340xi M-Sport -2013 535i xdrive 2008 E92 M3 - 2006 E90 325i 2002 E46 325xi - 1991 E30 325i
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09-17-2008, 01:47 AM	#5
!Xoible Banned 875 Rep 46,010 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	high 600's to 700's
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09-17-2008, 02:01 AM	#6
H0v07 Private First Class 9 Rep 123 Posts Drives: M3 have no car Join Date: Aug 2008 Location: L.A iTrader: (0)	Where are you looking to rent? Depending on Location and Landlord. Some landlords will let you get the place regardless of credit score, but if it’s a penthouse on Hollywood and Vine there going to be picky about your credit score.
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09-17-2008, 07:53 AM	#7
gonzo Lieutenant General 10318 Rep 14,445 Posts Drives: as many as possible Join Date: Jan 2007 Location: TeXXXas iTrader: (0)	They will more than likely love to rent a unit. Unless the place has a waiting list. It is more about the person than the score. If your score is low but you present yourself well and explain the situation you will be fine. They may ask for more deposit money. Most multi family organizations are more flexible than people think. Some, on the other hand, are strict and snotty. __________________ Crazy Diamond
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09-17-2008, 08:25 AM	#8
Sh0cker n00b 5 Rep 178 Posts Drives: 335i Join Date: Jul 2008 Location: NJ iTrader: (9)	I don't know about your market but around here there are many vacant rentals. Landlords are falling over themselves to rent their units. __________________ His: 08 E92 335i (sold), 99 Corolla beater car Hers: 09 Tiguan Previous: 09 e93 328i, 04 WRX, 07 S40, 03 E46 330xi, 04 F4i, 04 EX250
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09-17-2008, 08:37 AM	#9
iatacs19 Major General 477 Rep 5,319 Posts Drives: 2016 SO M4 Join Date: Sep 2006 Location: Washington, DC iTrader: (8)	if you don't have enough credit, have your parents or other party with good credit co-sign for you. __________________ If only BMWCCA Referral: 385628
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09-17-2008, 10:49 AM	#11
Sara Lieutenant General 5885 Rep 17,879 Posts Drives: A car Join Date: Aug 2007 Location: Nola iTrader: (6)	My credit score is over 700 so I guess Im good then. Thanks guys!
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09-17-2008, 11:13 AM	#13
Park2670 General 361 Rep 18,218 Posts Drives: Tesla Model 3 Join Date: Jan 2006 Location: UTAH iTrader: (8)	I dont think youre going to have a problem. A weirdo at my job just got an apt on a golf course. For a good price too. His friend that cosigned doesnt even have a job. __________________
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09-17-2008, 12:54 PM	#15
Prissy Brigadier General 1094 Rep 4,855 Posts Drives: M340i Join Date: Sep 2008 Location: NY iTrader: (6) Garage List 2015 BMW F30 [5.50] 2020 M340I [0.00] 2017 X3 [0.00] 2008 BMW E92 [9.00] 2010 BMW E92 [10.00]	Anywhere I can check credit score for free ??
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09-17-2008, 02:00 PM	#17
Bimmeration BEEMDUBLEW 52 Rep 1,704 Posts Drives: 14' Tesla Model S 85kw Join Date: Nov 2006 Location: Laguna, California iTrader: (30)	national average is about 670. where are you planning to rent?
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09-17-2008, 04:54 PM	#20
Prissy Brigadier General 1094 Rep 4,855 Posts Drives: M340i Join Date: Sep 2008 Location: NY iTrader: (6) Garage List 2015 BMW F30 [5.50] 2020 M340I [0.00] 2017 X3 [0.00] 2008 BMW E92 [9.00] 2010 BMW E92 [10.00]	Someone told me that everytime you check your credit score, your score will become lower... Is that true at all?
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09-17-2008, 05:32 PM	#22
SDTopless I just wanna do my car 5 Rep 134 Posts Drives: 350z RevUp =) Join Date: Oct 2007 Location: SoCal Diego iTrader: (0)	have at least a 620 please __________________ missing my z4...
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