32+ What Credit Score Is Needed To Rent An Apartment 2017 Pics

32+ What Credit Score Is Needed To Rent An Apartment 2017 Pics. Breaking down a credit score. So, what kind of credit do you need to rent an apartment?

Report Office Of The New York City Comptroller Scott M Stringer from comptroller.nyc.gov

There's no universal standard for the minimum credit score needed to rent an apartment, but according to a recent tenant screening study, rental applicants approved in 2017 had an average credit score of 650. Meanwhile, those that ended up on the rejected list had an average score of 538. even more interesting is how the average credit score varies so dramatically based on location. A lot of things need to be taken into consideration before you go down this road.

A credit score is a number between 300 and 850 that is related to how likely you are to repay debt.

A secured credit card is ideal for anyone who can't get a regular credit card because of the whole no credit problem. But don't worry if you haven't hit magic number 850. What credit score do you need to rent an apartment? Apartment living locators a credit score is a statistical number that depicts a person's creditworthiness.