the apartment application process

renting an apartment

Share

Share on facebook
Share on twitter
Share on linkedin
Share on email

what's in this lesson?

One of the most time consuming — and oftentimes most nerve wracking — stages of the whole renting an apartment thing is the apartment application process. In this lesson, we’ll go over why the application process is so important, what you should expect during the process, and how long the process takes.

the apartment application process

renting an apartment

Share

Share on facebook
Share on twitter
Share on linkedin
Share on email
  • Overview
  • Transcript
  • Resources

the apartment application process

renting an apartment

One of the most time consuming — and oftentimes most nerve wracking — stages of the whole renting an apartment thing is the apartment application process. In this lesson, we’ll go over why the application process is so important, what you should expect during the process, and how long the process takes.

Why is the apartment application so important?

 

This is your chance to prove yourself as a great tenant!

 

  • Your application will show the landlord that you have the ability to pay rent every month.
  • AND you’ll be able to showcase that you’re an ah-mazing human-being who won’t give the landlord grief → this is really what they want to know.

 

What goes into your apartment application?

  • Personal information like: your name, phone number, previous addresses, emergency contacts, etc.
  • Background check: if there’s anything you know might show up on that background check, you should tell the landlord ahead of time.
  • Credit check: this will help the landlord get an idea of if you can pay rent on time each month. What the heck is a credit score? We’ve got a short lesson on that here.
  • Other income/financial details like your last couple paystubsmight be requested as a part of this process as well. If you just started a new job, your offer letter might work here!
  • Personal references or past landlord references
  • Application fee to cover the cost of the background & credit checks.

 

Remember this when choosing your apartment: it’s best to aim for a place that is no more than 30% of your monthly income. This will be something the landlord will consider when looking over your application.

 

If you’re expecting some financial complications, sometimes you can add a co-signer or guarantor* to your application so your landlord knows you have someone who will be helping you pay rent if needed. 

 

*This is pretty common for college students & recent grads! 

 

How long does this whole process take?

 

You’ll want to line up all of your documents ahead of time so you can get your applications in ASAP. This’ll help you get the place you want before someone else snags it.

 

On the landlords side, this process can take up to 72 hours to get your approval (or *we hope not* denial — it happens!). 

 

Good luck!

what's in this lesson?

One of the most time consuming — and oftentimes most nerve wracking — stages of the whole renting an apartment thing is the apartment application process. In this lesson, we’ll go over why the application process is so important, what you should expect during the process, and how long the process takes.

Transcript

Why is the apartment application so important?

 

This is your chance to prove yourself as a great tenant!

 

  • Your application will show the landlord that you have the ability to pay rent every month.
  • AND you’ll be able to showcase that you’re an ah-mazing human-being who won’t give the landlord grief → this is really what they want to know.

 

What goes into your apartment application?

  • Personal information like: your name, phone number, previous addresses, emergency contacts, etc.
  • Background check: if there’s anything you know might show up on that background check, you should tell the landlord ahead of time.
  • Credit check: this will help the landlord get an idea of if you can pay rent on time each month. What the heck is a credit score? We’ve got a short lesson on that here.
  • Other income/financial details like your last couple paystubsmight be requested as a part of this process as well. If you just started a new job, your offer letter might work here!
  • Personal references or past landlord references
  • Application fee to cover the cost of the background & credit checks.

 

Remember this when choosing your apartment: it’s best to aim for a place that is no more than 30% of your monthly income. This will be something the landlord will consider when looking over your application.

 

If you’re expecting some financial complications, sometimes you can add a co-signer or guarantor* to your application so your landlord knows you have someone who will be helping you pay rent if needed. 

 

*This is pretty common for college students & recent grads! 

 

How long does this whole process take?

 

You’ll want to line up all of your documents ahead of time so you can get your applications in ASAP. This’ll help you get the place you want before someone else snags it.

 

On the landlords side, this process can take up to 72 hours to get your approval (or *we hope not* denial — it happens!). 

 

Good luck!

Additional Resources

How's it going?

1 = not helpful at all; 5 = extremely helpful

join the onomy fam!

Subscribe for free weekly lessons, pro tips, and memes straight to your inbox. We’ll also let you know about 🔥 giveaways and expert events.

By subscribing, you agree to our Privacy Policy and Terms of Use

 
Already a member? Log in

Sign up for course updates!

* indicates required
What topic(s) are you interested in?

By subscribing, you agree to our Privacy Policy and Terms of Use. You can unsubscribe at any time by contacting onomy or using the unsubscribe link.

lessons