Denied at Apartments?

Reasons you can be denied at apartments

Denied for an apartmentThere are many reasons why someone might get denied at apartments, and it is quite a bit more common than you may think. There are some reasons that are manageable and some that will make finding an apartment extremely difficult. First of all the reason why apartments have criteria is all built on two main issues, supply and demand, and safety.

Supply and Demand
Apartments that have a high demand for their units are not only going to have a higher rent amount, but they are also going to have higher standards in order to be approved at apartments. For example, an A-list apartment in Uptown Dallas most likely will not accept any bad credit, rental history problems, or most background issues. They have breed restrictions on pets, and also require higher income. Even with these higher standards they are still able to remain in the high 90% occupancy range. There are some exceptions to this but usually only one of the above mentioned might be reduced in order to maintain their higher occupancy rate. If you are looking in a lower demand area such as a suburb, then you begin to see the lower requirements and are less likely to be denied. This includes lower rental history standards and most will accept bad credit, rental, and background history issues as long as you are ready to pay a higher deposit.
frustratedYou may ask, “Why the high deposit?” With lower standards there is a certain level of risk involved with each item they may allow. Typically people with poor rental history or credit have a higher tendency to break the lease agreement, which costs the property money. So the higher deposit or second chance fee is designed to minimize the amount of damage the property may receive should the tenant break their lease. Bad credit will mostly just involve a double deposit, or perhaps just paying off one of the small delinquencies that could be holding up your application. With bad rental history, there are only certain properties that will work with those and they typically require around one month’s rent as a deposit. Other factors could include foreclosures, bankruptcies, and not making enough income for the unit. There are specific properties that will allow these issues in the same way as with a broken lease or an eviction, but having two or more of these issues will most likely result in being denied.

Safety
Secondly, there are the safety concerns of the property and their insurance provider. That is why there are breed restrictions, and background checks. The breed restrictions are designed to minimize incidents involving tenants with aggressive breed dogs. If you have a breed that may be on the list then you will have a very hard time finding an apartment that will work with you. Simply because the insurance policy the apartment has does not cover incidents from breeds on the aggressive list. The final issue which is exceedingly difficult is a background conviction, indictment, deferred adjudicated, etc… The properties are responsible to the tenants in the community, and a large majority of properties will not allow felons, or violent backgrounds. Most will not accept drugs, theft, or anything that might affect the image of the properties to both current and prospective tenants. The best alternative I have found is private rentals. Often times they do not require a background check and just need someone who is ready and able to be a paying tenant.

Good News
Apartment ApprovedThough you may have been denied, I hope the information above gives you some perspective on how you may go about altering your apartment search. The great news is we specialize in second chance apartment search and have helped people with many of the issues mentioned, and probably for the very reason you have just been denied. Just navigate over to the page that is specialized to your problem. There is more information about your situation, and you’re just a click away from receiving a list of apartments that will work with your situation.
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