300 to 850
People also ask
What credit score is needed to rent an apartment or house?
There’s no set credit score necessary to rent an apartment or house; the criteria for approval will vary depending on the property, location, landlord and other factors. However, knowing your credit score before you start apartment-hunting can help you zero in on properties you may qualify to rent.
Why does my credit score matter when renting a house?
Because it details your history of paying off攐r not paying off攄ebts. A landlord uses it to see how likely you are to pay your rent on time. The lower your credit score, the less likely your property manager is to accept your rental application.
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.