Most Individuals Or Companies Renting An Apartment Want Credit Scores From Applicants To Be 620 Or Higher.people With Credit Scores Lower Than 620.

There’s no exact credit score that determines whether or not you’re allowed to rent an apartment.but that doesn’t mean credit isn’t important. If you can avoid it, don’t apply for new credit cards, auto loans or other kinds of credit products right before you apply for an apartment. The minimum credit score you need will vary depending on the apartment, location, and landlord.

A Credit Score Can Range From 300 To 850.

The credit score ranges from 300 to 850. 3 conversely, anything below 580. Specifically, according to our analysis of more than 5.

But Don’t Worry If You Haven’t Hit Magic Number 850.

Apartment leasing sources state that credit scores lower. Steer clear of new credit inquiries. Credit scores are generally classified as follows per fico® (keep in mind that different scoring models may vary):

The Average Fico Credit Score Was 689 Out Of 850 As Of 2012, According To The “Credit.com” Website.

Breaking down a credit score. Getting an apartment with ‘bad credit’ might require some extra work. Higher the fico score, chances are better to get an apartment.

Anything Above 750 Is Generally Considered An.

In fact, the average credit score needed to rent an apartment has been going up one point each year for the past three years. Here are a few basic tips that you can apply to help you get an apartment with no credit: You’ll have a higher chance of being approved as a tenant if you’re within or above these ranges.