Rental Approval Criteria

Background | Credit | Rental History

Our Screening Process

  • Applications are processed in the order they are received with all required documents and information
  • An application cannot be approved until all aspects of the screening policy have been completed and reviewed by the property manager
  • Housing is on a first-come, first-served basis, therefore we do not hold units until the application is approved and a deposit payment is made
  • When an application is approved or denied, we will contact you
  • Denied applicants will also receive an “Adverse Action Letter” via email to the email address listed on the application explaining why the application was denied

Income Requirements

  • Each applicant is required to provide two (2) months of paystubs from employer as proof of income. 
  • If employment is to begin shortly, applicant must provide an offer letter on company letterhead
  • If applicant lists another source of income, they are required to provide proof of that income
  • Self-employed applicants – must submit previous years filed tax return for income verification
  • If an applicant does not demonstrate the ability to pay rent based on their income, a cosigner may be required (see Guarantor Requirements)

Properties Renting OVER $1,000/month

  • Credit score must be at least 600
  • Monthly income must be at least two and a half times the monthly rent amount
  • No bankruptcies or foreclosures within the past 2 years.
  • No more than 3 accounts in collection
  • No more than $1000 past due debt (medical bills and student loans disregarded).
  • No evictions within the past 7 years.
  • No felonies
  • No outstanding utility collections or unpaid utility bills

Properties Renting UNDER $1,000/month

  • Credit Score must be at least 550 
  • Monthly income must be at least two and a half times the monthly rent amount
  • No bankruptcies or foreclosures within the past 2 years
  • No more than $1500 past due debt (medical bills and student loans disregarded)
  • No more than 5 accounts in collection
  • No evictions within the past 7 years
  • No felonies
  • No outstanding utility collections or unpaid utility bills
  • For a detailed list of our screening criteria for properties priced under $1000/month, please click here

Section 8 

  • Credit score must be 500 or higher
  • Monthly income must be at least equal to the monthly rent amount
  • No bankruptcies or foreclosures within the past year
  • No more than 5 accounts in collection
  • No more than $2500 past due debt (medical bills and student loans disregarded)
  • No evictions within the past 7 years
  • No felonies
  • No outstanding utility collections or unpaid utility bills
  • For a detailed list of our screening criteria for properties accepting Section 8, please click here

Guarantors 

  • Credit score must be at least 700
  • No more than one item in collection
  • No more than $500 past due debt (medical bills and student loans disregarded)
  • No bankruptcies or foreclosures within the past 7 years
  • If no guarantor is available, prepayment of all rents and deposits for the entire lease period is required in order to be approved
  • For a detailed list of our screening criteria for guarantors, please click here

We are an Equal Housing Opportunity Provider

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