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What's the average credit score needed to rent an apartment?

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ngpf.org 5/11/22

Q:

MANAGING CREDIT

QUESTION OF THE DAY

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ngpf.org

A:

QUESTION OF THE DAY

The average credit score of renters in the U.S. was 638 in 2020.

MANAGING CREDIT

Source: Rent Cafe

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FOLLOW-UP QUESTIONS

  1. Why do you think landlords care about an applicant's credit score?
  2. Why do you think landlords in these cities have such high standards when it comes to accepting applicants?
  3. If you want to rent an apartment after high school or college, what can you do to start to establish credit?