300 to 850
People also ask
What credit score do you need to rent a rental property?
So if you檙e renter has a score of 670 or higher that a very good credit score for most rentals. Most landlords are looking for a score somewhere between 600 ?650 since renters don have the credit history of making mortgage payments to boost their credit score.
Will a landlord check my credit score when renting an apartment?
When it comes to renting an apartment, required credit scores are usually are lower than scores for a home mortgage loan. Although not all landlords will check prospective tenants’ credit histories, be prepared for such a credit check, just in case.
What is the average credit score for renters in 2020?
Specifically, according to our analysis of more than 5 million lease applications nationwide, the average credit score of renters in the U.S. was 638 in 2020. Plus, credit scores can also vary widely in different types of buildings.
Do I need a good credit rating to rent property in UK?
However, remember that your background information is just used as a guideline. There is no minimum rating required to rent property in the UK. So, the decisions are up to the individual landlord and poor scores may not always be deal breakers. As a result, there are many discrepancies and at times you will hear different stories from renters.