Renting a new apartment? Your credit score might matter more than you think. Whether you’re applying for a luxury high-rise or a modest studio, most landlords rely on your credit score to assess how financially reliable you are. They use this number as part of their tenant screening process to determine if you’re likely to pay rent on time. In a competitive rental market, your credit score can be the deciding factor between getting approved or passed over.
Understanding what an average credit score to rent an apartment looks like can give you a strategic advantage. It helps you prepare, set realistic expectations, and take control of your financial readiness. In this blog, we’ll explain what scores landlords typically expect, what else they consider in your credit report, and how you can strengthen your chances—even if your score isn’t perfect. If renting is in your near future, this guide will walk you through everything you need to know.
II. Why Credit Scores Matter for Renters
Your credit score is more than just a number—it’s a financial snapshot that shows how well you manage your debts. Credit bureaus calculate this score using your payment history, credit utilization, account types, and length of credit history. Lenders, insurers, and even landlords rely on it to evaluate your financial responsibility. When it comes to renting an apartment, your credit score serves as a key indicator of whether you are likely to pay rent on time and in full.
Landlords and property managers use credit scores to assess risk during the rental application process. A higher score generally signals that you’ve paid past obligations on time and have maintained low balances. This gives landlords confidence that you’ll do the same with rent. On the other hand, a low credit score may suggest late payments, defaults, or even past evictions, which could raise red flags for potential landlords. In many cases, credit scores influence lease decisions as well as the terms offered to you.
For example, if your credit score is on the lower side, the landlord may still approve your application—but with conditions. These could include:
- A higher security deposit
- A shorter lease term
- A requirement for a co-signer or guarantor
In contrast, a strong credit score can help you secure the apartment you want, possibly with more favorable terms. Therefore, knowing your credit score and how it impacts your rental opportunities is essential before submitting any applications.
III. What Is the Average Credit Score to Rent an Apartment?
When you’re applying to rent an apartment, it’s helpful to know what credit score most landlords expect. Although there is no official minimum score required nationwide, data shows that the average credit score for approved renters typically falls between 650 and 700. According to a 2023 report by RentCafe, the average credit score for renters approved in top U.S. cities is around 680. This suggests that many landlords look for applicants with at least a fair or good credit score. However, this number can vary significantly based on the type of rental property and the location.
Different types of housing come with different credit expectations. For example, luxury apartments in competitive markets usually require higher credit scores, often above 700. Property managers in these complexes want to ensure their tenants can meet the financial demands of high-end living. In contrast, standard rentals or mid-tier apartments tend to accept renters with scores in the mid-600s, depending on the landlord’s risk tolerance. On the lower end, low-income housing and subsidized programs may approve applicants with scores below 600, especially when paired with proof of stable income or government support.
Geographic location also plays a key role in shaping these expectations. In urban markets, where demand is high, landlords may set stricter credit score thresholds to screen out riskier applicants. Conversely, suburban or rural areas might offer more lenient credit requirements, especially when there’s less competition for units. In addition, income level and market competitiveness directly influence the average credit score required to rent. In cities where rent prices are high, applicants often need stronger credit to show they can manage the financial commitment.
While these averages provide helpful context, remember that each landlord sets their own criteria. The key is to know where you stand and be prepared with documentation that supports your financial stability.
IV. What Score Is Considered “Good Enough”?
If you’re wondering what credit score is “good enough” to rent an apartment, the answer depends on the property and the landlord. However, understanding how credit score ranges are defined can give you a better idea of where you stand. Most landlords use the FICO scoring model, which breaks down scores into clear categories. Each category comes with certain assumptions about the applicant’s financial behavior.
Here is a general breakdown of FICO score ranges:
- 300–579: Poor – Indicates a history of missed payments, defaults, or other negative marks. Approval is very difficult.
- 580–669: Fair – Slightly better, but still considered risky. May require higher deposits or co-signers.
- 670–739: Good – Shows responsible credit use. Many landlords approve tenants in this range.
- 740–799: Very Good – Reflects strong credit habits and a low likelihood of missed payments. Usually qualifies easily.
- 800+: Excellent – Signals financial reliability. Often leads to faster approvals and better rental terms.
Now, while these categories guide decisions, landlords don’t always follow them strictly. In practice, many landlords consider 620 to 650 a minimum benchmark for approving rental applications. If your score falls below this, you may still get approved—but likely with conditions like a larger security deposit, shorter lease term, or co-signer requirement.
On the other hand, a credit score of 700 or above gives you a much stronger position in competitive rental markets. It shows landlords that you’re not just able to pay your bills—you consistently do so on time. That reassurance often leads to smoother rental approval processes, better terms, and lower upfront costs.
Understanding where your credit score falls in this range can help you target the right rental properties and prepare accordingly. If you’re not quite at the desired level, you can take steps to improve your credit score before applying.
V. What Landlords Actually Look At (Beyond Just the Score)
While your credit score plays an important role in the rental approval process, it’s only one part of a broader picture. Most landlords and property managers don’t rely solely on the number—they review your entire credit report and supporting documents to assess your financial responsibility. This means that even if your credit score is slightly below average, you may still qualify if other areas of your profile are strong.
To begin with, landlords usually conduct a full credit report review. They carefully check your payment history to see if you consistently pay your bills on time. Missed or late payments, delinquencies, and charge-offs raise concerns, even if your score meets their threshold. A pattern of responsible credit usage builds trust, while negative marks suggest risk, regardless of the overall score.
In addition to your credit behavior, landlords also verify your income to determine whether you can comfortably afford the rent. A common standard is the rent-to-income ratio, where monthly rent should not exceed 30% to 35% of your gross income. If your income is too low compared to the rent, your application may be declined—even with a good credit score. On the other hand, a high income can sometimes compensate for a lower score.
Landlords also evaluate your rental history. They may request references from past landlords or review your history of tenancy. Consistently paying rent on time, following lease terms, and maintaining good relationships with previous landlords can work in your favor. If you have no rental history, they may ask for a co-signer or additional proof of financial stability.
Finally, most landlords run a background check, which includes looking into eviction history, criminal records, and other public records. An eviction on your record, especially recent, can significantly harm your chances—even if your credit score is solid. Likewise, unresolved legal issues or negative reports can signal potential risk.
By understanding that landlords look beyond the credit score, you can better prepare your rental application. Strengthening your income documentation, maintaining clean records, and offering positive references can help balance out less-than-perfect credit.
VI. What to Do if Your Score Is Below Average
If your credit score is below the average needed to rent an apartment, don’t panic—there are still practical steps you can take. Many renters with low credit scores successfully secure housing by preparing well and using alternative methods to prove reliability. The key is to show landlords that you can be trusted to pay rent on time and care for the property, even if your credit history isn’t ideal.
One of the most effective ways to strengthen your application is to offer a higher security deposit. This gives the landlord added financial protection and reduces their perceived risk. While this won’t change your credit score, it shows that you’re serious about securing the apartment and are financially prepared to move in.
Another option is to use a co-signer or guarantor. A co-signer is someone with good credit who agrees to take legal responsibility for your lease if you fail to pay. Many landlords accept applications with co-signers, especially for renters with fair income but low credit scores. Just make sure the co-signer understands their responsibilities before committing.
You should also gather references and proof of stable income. Letters from previous landlords that confirm your rent was paid on time can carry real weight. Additionally, include recent pay stubs, bank statements, or employment verification to reassure the landlord of your financial stability. Consistent income and a positive rental track record can help offset credit issues.
Finally, consider looking for private landlords rather than large property management companies. Individual landlords often have more flexible criteria and may be willing to consider the whole picture. They are also more likely to accept letters of explanation or alternative financial documents.
In summary, while a low credit score may seem like a barrier, it doesn’t have to stop you from renting. With the right documents, clear communication, and a bit of preparation, you can still secure a home—even in a competitive market.
VII. Tips to Improve Your Credit Before Renting
If you plan to rent an apartment soon, improving your credit score can give you a major advantage. Even a small increase can make the difference between being approved with standard terms or being asked for extra deposits or a co-signer. Fortunately, there are several proven strategies to raise your credit score in a short period—especially if you start early and stay consistent.
Start by paying down credit card balances. Your credit utilization ratio, which is the amount of credit you’re using compared to your total limit, makes up a large portion of your credit score. Keeping your balances below 30% of your credit limit can significantly boost your score. In fact, reducing high balances is often the fastest way to improve your credit profile before submitting a rental application.
Next, review your credit report for errors. Many consumers discover inaccurate or outdated information that could be hurting their score. Common issues include accounts that aren’t yours, incorrect payment statuses, or duplicate entries. If you find something wrong, dispute the inaccurate information directly with the credit bureaus—Equifax, Experian, and TransUnion. Under the Fair Credit Reporting Act (FCRA), you have the legal right to challenge incorrect data and request timely corrections.
One of the most important habits you can build is to make on-time payments for all your accounts. Your payment history is the single largest factor in your credit score. Paying credit cards, loans, and utility bills on time every month shows financial discipline. If you’ve missed payments in the past, start building a new pattern now—consistency matters and will be noticed by both credit bureaus and landlords.
Also, avoid new hard inquiries close to your rental application. Every time you apply for new credit—like a loan or credit card—it results in a hard inquiry. These inquiries can temporarily lower your score and signal financial instability to landlords. If you know you’ll be applying for a rental soon, pause any unnecessary credit activity to keep your score steady.
Taking these small but effective steps can help you boost your credit score before applying for an apartment. Better credit not only improves your chances of getting approved—it may also lead to better lease terms and reduced upfront costs. Starting early gives you more control over your financial future.
VIII. Conclusion
Your credit score plays a critical role in the rental process. While many landlords prefer a score between 620 and 700, your full financial profile—including income, rental history, and background—matters just as much. Even if your score is below average, you still have options. From offering a higher security deposit to using a co-signer, you can show landlords that you’re financially responsible and ready to rent.
However, if credit issues are holding you back, now is the time to act. At Credit Repair of Florida, we help renters like you legally and ethically repair their credit. Our team will guide you through disputing inaccurate items, understanding your credit report, and building long-term financial strength. Whether you’re preparing to apply for your next apartment or just want to improve your credit standing, we’re here to help.
Take control of your credit—and your future. Contact Credit Repair of Florida today to get started.
FAQs: Renting an Apartment and Your Credit Score
1. Can I rent an apartment with no credit history?
Yes, it’s possible to rent an apartment without a credit history. However, you may need to provide alternative proof of financial responsibility. This could include recent pay stubs, bank statements, or a letter from your employer. Some landlords may also request a co-signer or a larger security deposit to offset the lack of credit data.
2. Will checking my credit to rent hurt my score?
No, rental credit checks usually count as soft inquiries, which do not affect your credit score. Soft inquiries simply allow landlords to view your credit report for informational purposes. Only hard inquiries—like applying for a credit card or loan—can cause a temporary dip in your score.
3. Can I rent with bad credit if I have a co-signer?
Yes, many landlords will approve renters with bad credit if they have a qualified co-signer or guarantor. A co-signer agrees to take financial responsibility if you default on rent. This added assurance often makes landlords more comfortable renting to someone with a low credit score or limited history.
4. How long does it take to improve my credit score?
Improving your credit score takes time and consistency. Small changes, like paying down credit card balances, may boost your score in a few weeks. More significant improvements—like building a strong payment history—can take three to six months or longer. The earlier you start, the better your chances of qualifying for the apartment you want.
5. Do all landlords require a credit check?
No, not all landlords require a credit check. Private landlords are often more flexible and may rely on income verification or personal references instead. Larger apartment complexes and property management companies are more likely to perform a credit check as part of their standard screening process. Always ask about their requirements upfront.
