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If you’re looking for your first apartment after college, you may not have built up ample credit yet. This may seem like a setback or even something that will keep you from getting an apartment. However, this is different from having poor credit, and there are plenty of ways you can work with landlords to secure an apartment for rent. Here’s what you need to know. 

What You Should Know About Renting With No Credit

1. Offer to Move in Right Away

Landlords and property management companies want to fill their units as soon as possible. Each month an apartment sits unrented, they lose money. Offer to move in right away. Suggest pro-rated payment if you’re in the middle of the month, and consider signing a multi-year lease if you know you’ll be in the area for a while. This is an attractive offer that can give you a leg up with the rental company.

2. Provide References

apartment for rentFinancial and character references are also helpful for securing an apartment for rent. Ask family friends or past employers to vouch for your character and degree of responsibility. The rental company may ask for these initially anyway. Make sure to ask well in advance so the application process isn’t interrupted. The rental company may also ask for a parent or guarantor to sign the lease so they’re protected financially.

3. Pay Several Months Ahead

Offering to pay several months of rent upfront will show the rental company that you’re serious. If you have the funds, offer to pay a larger security deposit and first month’s rent. As long as you don’t break the lease—for example, by damaging the walls or failing to pay rent—you will receive the full security deposit back.

 

If you’re looking for an apartment for rent in Myrtle Beach, SC, A1 Properties maintains a wide portfolio for you to explore. Their one- and two-bedroom apartments feature premium appliances and amenities. They’re happy to work with you to create a rental agreement that meets your budget, so call (860) 490-5205 to schedule a consultation. You can explore their apartments for rent on their website

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