Criteria Apartments Look For In A New Tenant

Have you been considering a move in your near future? Whether you still live at home with the parents and are looking for your first place, or you are ready to make a change and get out of your current rental, it is always good to be prepared moving forward. Getting apartments isn’t as easy as some make it out to be. In fact, property owners are becoming a little more strict as to who they rent to. 

The strictness for who rents there property comes mainly from experience and horror stories from other landlords. The essential criteria for a proper tenant have remained the same for years and prove as a measurement by which most landlords will approve or deny a person wanting to rent a unit. 


Years of Employment

Many apartments will frown down upon someone that has a shoddy work history. This signals a problem with commitment. In addition to the commitment factor, it can also cast doubt on whether or not the person can make a monthly payment. For the best results during the apartment, hunting makes sure you’ve been at your current job for a minimum of a year. While this isn’t always possible, it is something that carries favor with most apartments.


A Good Credit Score

More and more apartments are requiring tenants to have a good credit score. While it might not be the score itself that matters, what your credit report contains might have some barring as to whether or not a landlord will rent to you. When using an apartment locator in Dallas, you can always ask what they are looking for before they pull your credit. This can avoid a hard inquiry that could hurt your credit at other places should it not work with the first ones. 


Down Payment

Almost every apartment complex will want to have some money down. However, there is usually a vast difference in how much from place to place. Some will want you to have just the first month’s rent, while others might be more stringent and require first, lasts, and a security deposit. Generally speaking, if you are considering renting, you should have as much saved as your first, last, and security of the amount you want to spend each month. For example, if $800 is the max you want to spend on rent each month, have at least $2400 in the bank to go towards moving. This will significantly lower the stress of moving.