Is 670 A Good Credit Score To Rent An Apartment?

A credit score of 670 is often a pivotal point when renting an apartment. While not perfect, it can be sufficient for many landlords, though it might come with certain conditions. Understanding what this score means and how it impacts your rental application is crucial for securing your next home.

Understanding Credit Scores and Rental Applications

Credit scores are numerical representations of your creditworthiness, compiled by credit bureaus based on your financial history. Lenders and, increasingly, landlords use these scores to assess the risk associated with extending credit or, in this case, granting tenancy. A higher score generally indicates a lower risk, suggesting you're likely to pay your bills on time and manage financial obligations responsibly. For renters, this translates to a landlord's confidence that you will pay your monthly rent consistently and take good care of the property.

The most common credit scoring model is the FICO score, which ranges from 300 to 850. Within this range, scores are categorized into different tiers: Poor (579 and below), Fair (580-669), Good (670-739), Very Good (740-799), and Excellent (800-850). These categories provide a general benchmark for financial health. When applying for an apartment, landlords typically pull a credit report to review your score and other financial indicators. They are looking for a history of responsible financial behavior, which includes paying debts on time, managing credit utilization effectively, and avoiding significant negative marks like bankruptcies or foreclosures.

The rental application process often involves a credit check fee, which covers the cost for the landlord or property management company to access your credit report. This report not only shows your score but also details your credit history, including payment history, amounts owed, length of credit history, credit mix, and new credit. Landlords use this comprehensive information to make an informed decision about whether to approve your rental application. A score of 670 falls into the "Good" category according to FICO, which is generally a positive sign, but its effectiveness in the rental market can vary significantly.

It's important to remember that landlords are not bound by strict credit score minimums in the same way that lenders might be for loans. While many will have internal guidelines, their decisions are often based on a holistic review of an applicant's financial profile and their own risk tolerance. Therefore, understanding where a 670 score sits within the broader credit landscape is the first step in assessing its suitability for renting an apartment.

Credit Score Ranges and Rental Implications

The interpretation of credit scores in the rental market is not always uniform. While FICO provides general categories, individual landlords and property management companies may set their own thresholds. Here's a general breakdown of how different score ranges are often perceived by landlords:

Excellent (800-850): These applicants are almost always approved without issue. They represent the lowest risk.
Very Good (740-799): Highly desirable applicants. Landlords view these scores very favorably, often leading to quick approvals.
Good (670-739): This is the category where a 670 score resides. It's generally considered good, but it can be borderline for some stricter landlords. Many will approve applicants in this range, but some might require additional assurances.
Fair (580-669): Applicants in this range may face more challenges. Landlords might approve them but often require a co-signer, a larger security deposit, or higher rent.
Poor (Below 580): These applicants are often denied outright unless they have a very strong co-signer or can offer significant concessions.

The significance of a 670 score lies in its position just above the "Fair" category. It signifies that you have a history of responsible credit management, but perhaps not a perfect one. This could mean a few late payments in the past, a higher credit utilization ratio, or a shorter credit history. While this score is certainly better than a fair or poor score, it might not automatically qualify you for the most sought-after apartments or properties managed by highly risk-averse landlords.

The Role of Credit Reports

Beyond the score itself, landlords scrutinize the details within your credit report. A 670 score with a history of consistent on-time payments, low credit utilization, and no major negative marks is viewed more favorably than a 670 score that reflects recent late payments or a high balance on a credit card. Conversely, a landlord might overlook a slightly lower score if the report shows a long history of responsible credit use and no recent issues. Therefore, understanding the contents of your credit report is as important as knowing your score.

What Landlords Look For Beyond the Score

While a credit score is a significant factor, landlords typically consider a multitude of elements when evaluating rental applications. They are essentially trying to predict your reliability as a tenant. A strong overall application can often compensate for a credit score that isn't stellar. Understanding these other criteria can help you present a more compelling case for your tenancy, especially with a 670 credit score.

Income and Employment Stability

One of the most critical factors for landlords is your ability to consistently pay rent. They want to see that you have a stable source of income that is sufficient to cover the rent and other living expenses. Most landlords require applicants to demonstrate an income that is typically 2.5 to 3 times the monthly rent. They will often ask for proof of income, such as pay stubs, bank statements, or tax returns. Long-term employment with a single employer is often viewed favorably, as it suggests stability. A steady job with a good income can sometimes outweigh a slightly lower credit score, as it provides a strong assurance of rental payment.

Rental History

Past behavior is often a good predictor of future behavior. Landlords will usually request references from previous landlords. They want to know if you paid rent on time, if you caused any property damage, if you had any disputes, and if you generally followed the terms of your lease. A positive rental history, even with a 670 credit score, can significantly boost your application. Conversely, a history of late payments or evictions will be a major red flag, regardless of your credit score.

Background Checks

In addition to credit checks, landlords may also conduct background checks. These can include criminal record checks and eviction history checks. A clean background check is essential for most rental applications. Any serious criminal convictions or a history of evictions can lead to an automatic denial, irrespective of your credit score.

References

Personal and professional references can also play a role. While not as impactful as rental or employment history, positive references can add another layer of credibility to your application. They can speak to your character and reliability.

Co-signers and Guarantors

If your credit score is borderline or if you have other weaknesses in your application, you might be asked to provide a co-signer or guarantor. This is someone, typically a family member or close friend with a strong credit history and stable income, who agrees to be legally responsible for the rent if you are unable to pay. The co-signer's creditworthiness will be thoroughly reviewed, and their signature on the lease adds an extra layer of security for the landlord.

Security Deposits and Prepaid Rent

Some landlords may be willing to accept an applicant with a less-than-perfect credit score if they are willing to pay a larger security deposit or several months of rent in advance. This reduces the landlord's financial risk. However, be aware of local laws regarding the maximum amount a landlord can charge for a security deposit.

By understanding these additional factors, you can prepare a comprehensive application that highlights your strengths and mitigates any concerns related to a 670 credit score.

Is 670 A Good Credit Score To Rent An Apartment? The Nuances

The question "Is 670 a good credit score to rent an apartment?" doesn't have a simple yes or no answer. It's a score that sits in a gray area for many landlords, meaning its acceptability depends heavily on the specific landlord, the property, and the local rental market. While FICO categorizes 670 as "Good," the rental market often has slightly different expectations.

The General Rental Market Perspective

In many major metropolitan areas and for properties managed by larger property management companies, the typical minimum credit score requirement for renting an apartment is often in the range of 620 to 650. This means that a 670 score generally meets this baseline. However, this is just the minimum. Many landlords aspire to rent to tenants with scores in the "Very Good" or "Excellent" categories (740+). A 670 score, while above the minimum, might not place you in the most competitive pool of applicants for highly desirable properties.

Landlord Variations and Risk Tolerance

Landlords are individuals or entities with varying levels of risk tolerance. A small, independent landlord might be more flexible than a large property management firm that adheres strictly to rigid screening criteria. For instance, a landlord who has had issues with past tenants might become more cautious and set higher credit score requirements. Conversely, a landlord who values a good tenant over a perfect credit score might be willing to overlook a 670 score, especially if other aspects of the application are strong.

Market Demand and Competition

The demand for rental properties in a particular area significantly influences how landlords view credit scores. In a highly competitive rental market where multiple applicants are vying for the same apartment, landlords can afford to be more selective. In such scenarios, a 670 credit score might be considered less competitive compared to applicants with scores in the high 700s. In a slower market with less demand, landlords may be more willing to consider applicants with a 670 score.

Types of Rental Properties

The type of rental property also plays a role. Luxury apartments or high-end properties might have stricter screening criteria, including higher credit score minimums, compared to more modest apartments or older buildings. The perceived value and risk associated with the property can influence the landlord's decision.

What a 670 Score Might Mean on a Credit Report

A 670 credit score can result from various credit behaviors. It could indicate:

A few instances of late payments in the past, but most payments are on time.
A relatively high credit utilization ratio (e.g., using a significant portion of available credit).
A shorter credit history.
Recent inquiries for new credit.

Landlords will look at the details. If your 670 score is due to a few isolated late payments from several years ago that are no longer on your report, and your current credit behavior is excellent, it will be viewed much more favorably than if the score is due to recent late payments or high balances. This is why reviewing the full credit report is essential for landlords.

In summary, a 670 credit score is often good enough to rent an apartment, but it's not a guaranteed pass. It places you in a position where you need to present a strong overall application and be prepared for potential scrutiny or additional requirements.

Factors Influencing Rental Decisions with a 670 Score

When a landlord reviews an application with a 670 credit score, they are not just looking at the number itself. They are evaluating the entire financial picture and the potential risk involved. Several specific factors can tip the scales in your favor or against you. Understanding these nuances is critical for any renter aiming to secure housing with this score.

Payment History Details

The most significant component of your credit report is your payment history. For a 670 score, landlords will pay close attention to:

Frequency of late payments: A single late payment from years ago is less concerning than multiple recent late payments.
Severity of lateness: A payment that is 30 days late is viewed differently than one that is 60 or 90 days late.
Current status: Are there any outstanding overdue accounts?

If your payment history shows a pattern of consistent on-time payments with perhaps one or two minor, older blemishes, a landlord might be more lenient with the 670 score. If the report shows recent struggles, it's a bigger red flag.

Credit Utilization Ratio

This refers to the amount of credit you are using compared to your total available credit. A high credit utilization ratio (generally above 30%) can negatively impact your score and signal to landlords that you might be overextended financially. If your 670 score is accompanied by a high utilization ratio, landlords may be more hesitant, as it suggests you rely heavily on credit. A low utilization ratio, even with a 670 score, presents a more positive financial picture.

Length of Credit History

A longer credit history generally allows for a more robust assessment of your financial behavior. If your 670 score is based on a decade of responsible credit management, it's viewed more favorably than a score achieved over a shorter period. Landlords appreciate a proven track record.

Types of Credit Used (Credit Mix)

Having a mix of credit types, such as credit cards, installment loans (like car loans or mortgages), and potentially a student loan, can contribute positively to your score. It demonstrates that you can manage different forms of credit responsibly. However, this is a less critical factor for landlords compared to payment history and utilization.

Recent Credit Activity

Opening multiple new credit accounts in a short period can lower your score and may be interpreted by landlords as a sign of financial distress or an increased need for funds. Landlords prefer to see stability rather than rapid changes in credit-seeking behavior.

Public Records on Credit Report

Your credit report may also contain public records such as bankruptcies, foreclosures, judgments, or liens. Even if your score is 670, the presence of these significant negative marks will almost certainly lead to an application denial. These are considered major red flags that indicate severe financial instability.

The Context of the Rental Market (2025)

As of 2025, the rental market continues to be dynamic. In many areas, rental prices have remained high, leading to increased competition for available units. This heightened competition often means landlords can afford to be more selective. Therefore, while a 670 credit score might have been more readily accepted a few years ago in a less competitive market, it may now be viewed as just adequate, requiring you to bolster your application in other areas. The trend towards more stringent tenant screening, including credit checks, is expected to continue.

Comparative Analysis of Credit Scores for Renting

To better understand the position of a 670 score, consider this comparison:

Credit Score Range	General Landlord Perception	Likelihood of Approval	Potential Requirements
800+ (Excellent)	Ideal Tenant	Very High	Standard security deposit
740-799 (Very Good)	Highly Desirable	High	Standard security deposit
670-739 (Good)	Acceptable, but may need further review	Moderate to High	May require co-signer, higher deposit, or proof of stable income. Depends heavily on other factors.
580-669 (Fair)	Risky, requires significant mitigation	Low to Moderate	Likely requires co-signer, higher deposit, proof of income, or denial.
Below 580 (Poor)	Very Risky	Very Low	Almost always denied without a strong co-signer or significant concessions.

This table illustrates that while 670 is in the "Good" category, it's at the lower end, meaning landlords will look closely at the supporting details of your credit report and your overall application.

Strategies for Renters with a 670 Credit Score

Securing an apartment with a 670 credit score is achievable, but it requires a proactive and strategic approach. Instead of simply submitting an application and hoping for the best, you need to present yourself as a reliable and low-risk tenant. Here are several strategies to employ:

Prepare a Strong Rental Application Package

Anticipate what landlords will need and have it ready. This includes:

Proof of Income: Recent pay stubs (usually the last 2-3), a letter of employment from your employer, or tax returns if you are self-employed. Ensure your income clearly meets the landlord's requirement (typically 2.5-3x the rent).
Bank Statements: Showing consistent income and responsible spending habits can bolster your application.
Identification: Valid government-issued ID.
References: Contact information for previous landlords and employers.

Having this information organized and readily available demonstrates your preparedness and seriousness.

Gather Positive References

Reach out to previous landlords and ask if they would provide a positive reference. A landlord who can attest to your timely rent payments, good conduct, and care for the property can be a powerful advocate for your application, especially when your credit score is not perfect.

Consider Offering Incentives

If you find a property you love but are concerned about your credit score, consider offering something that reduces the landlord's risk:

Larger Security Deposit: If permitted by local laws, offering a deposit slightly higher than the standard amount can be appealing.
Prepaid Rent: Offering to pay a few months' rent in advance can demonstrate your financial stability and commitment.
Shorter Lease Term (initially): While landlords often prefer longer leases, sometimes offering to start with a shorter term (e.g., 6 months) can make them more comfortable, with the understanding that it can convert to month-to-month or a longer lease thereafter.

Be mindful of local regulations regarding security deposits and prepaid rent, as there are often limits on how much landlords can collect upfront.

Be Transparent and Proactive

If you know your credit score is a potential concern, it's often better to address it proactively rather than letting the landlord discover it during the screening process. You can mention it briefly and explain any extenuating circumstances if appropriate, focusing on how you've improved your financial habits since then. For example, "My credit score is 670. While I had some challenges a few years ago due to [brief, honest explanation], I've since [mention positive steps taken, e.g., paid off debt, set up automatic payments] and have maintained a consistent record of timely rent payments in my previous rentals."

Look for Landlords Who Don't Have Strict Credit Minimums

Not all landlords are created equal. Some independent landlords are more focused on your ability to pay rent and your character than on a specific credit score number. When inquiring about properties, you can sometimes gauge their approach. If they seem more interested in your employment and references than just a credit check, they might be more flexible.

Explore Renting with Roommates

If you are renting with others, your roommates' credit scores will also be considered. If your roommates have excellent credit scores, it can significantly strengthen the application for the entire group. Ensure all prospective roommates are aware of the screening process and their credit scores.

Understand Your Credit Report in Detail

Before applying, obtain a copy of your credit report from each of the three major credit bureaus (Equifax, Experian, and TransUnion). Review it carefully for any errors that could be lowering your score. Dispute any inaccuracies. Also, understand the specific reasons why your score is 670. Is it due to high utilization, late payments, or something else? Knowing this helps you address potential concerns directly.

Consider a Co-signer if Necessary

If you are consistently being denied due to your credit score, a co-signer with a strong credit history and income can be your best option. They will need to complete a rental application and undergo a credit check themselves, and they will be legally obligated to pay the rent if you fail to do so.

By implementing these strategies, you can significantly improve your chances of renting an apartment with a 670 credit score, transforming a potentially challenging situation into a successful rental experience.

Alternatives and Considerations When Renting

Even with a 670 credit score and employing the best strategies, there might be situations where renting a standard apartment proves difficult. In such cases, exploring alternative housing options and understanding broader considerations can be beneficial. These alternatives can provide a roof over your head while you work on improving your credit or while navigating a challenging rental market.

Rent-to-Own Agreements

While less common for apartments and more prevalent for houses, rent-to-own agreements can be an option. In this arrangement, a portion of your monthly rent is credited towards a down payment on the property. These agreements often have less stringent credit requirements than traditional mortgages, but they require careful review of the contract to understand all terms and obligations.

Subletting

Sometimes, you can find opportunities to sublet a room or an entire apartment from an existing tenant. Subletting arrangements might bypass the landlord's formal screening process, as you are essentially renting from another tenant. However, it's crucial to ensure the subletting agreement is legitimate and approved by the primary landlord to avoid potential legal issues.

Short-Term Rentals and Furnished Apartments

For those needing immediate housing or who anticipate a shorter stay, short-term rental platforms (like Airbnb or VRBO for longer stays) or furnished apartment services can be an option. These often have different screening processes, sometimes focusing more on references and payment upfront rather than extensive credit checks. However, they can be more expensive than traditional long-term rentals.

Student Housing or Shared Living Arrangements

If you are a student, dedicated student housing complexes might have different criteria. Similarly, shared living arrangements or co-living spaces are becoming more popular and may have more flexible screening policies, focusing on compatibility with other residents.

Understanding Local Tenant Laws

Tenant laws vary significantly by state and city. Some areas have regulations that limit the amount a landlord can charge for a security deposit or restrict the types of information they can use for tenant screening. Familiarizing yourself with these laws can empower you and ensure landlords are following legal procedures.

The Impact of Eviction Records

It's important to note that an eviction record is often a more significant barrier to renting than a low credit score. Many landlords will automatically deny an applicant with an eviction on their record, regardless of their credit score. If you have an eviction history, you will need to focus heavily on finding landlords who are willing to overlook this or explore alternative housing options.

Rental History as a Substitute for Credit

In some cases, a long and impeccable rental history can sometimes be used to offset a less-than-perfect credit score. If you have consistently paid rent on time for many years, this track record of responsibility can be a strong selling point to landlords who prioritize reliable tenants.

The Importance of a Solid Income

Regardless of your credit score, a consistent and verifiable income that meets or exceeds the landlord's requirements is paramount. In 2025, with economic fluctuations, landlords are placing a premium on applicants who can demonstrate financial stability through their employment and income levels. A high income can sometimes compensate for a moderate credit score.

By considering these alternatives and understanding the broader landscape of renting, you can make more informed decisions and find housing that suits your current circumstances.

Improving Your Credit Score for Future Rentals

While a 670 credit score might be sufficient for some rental opportunities, it's always beneficial to work towards improving your credit score for greater housing options and better financial opportunities in the future. Consistent effort can lead to significant gains over time. Here’s a roadmap for improvement:

Pay Bills On Time, Every Time

Payment history is the most critical factor influencing your credit score. Set up automatic payments for all your bills, including credit cards, loans, rent (if reported to credit bureaus), and utilities. Even a single late payment can significantly damage your score. Aim for 100% on-time payments.

Reduce Credit Utilization

Aim to keep your credit utilization ratio below 30%, and ideally below 10%. Pay down balances on your credit cards. If you have multiple cards with high balances, focus on paying down the one with the highest interest rate first (the debt avalanche method) or the one with the smallest balance for quick wins (the debt snowball method). Consider asking for a credit limit increase on existing cards if you have a good payment history, as this can lower your utilization ratio without you spending more.

Avoid Opening Too Many New Accounts

Each time you apply for new credit, it typically results in a hard inquiry on your credit report, which can temporarily lower your score. Only apply for credit when you genuinely need it. If you are shopping for a mortgage or car loan, do so within a short period (e.g., 14-45 days depending on the scoring model) so that multiple inquiries are treated as a single one.

Check Your Credit Reports for Errors

Regularly obtain copies of your credit reports from Equifax, Experian, and TransUnion (you can get free reports annually at AnnualCreditReport.com). Review them carefully for any inaccuracies, such as accounts you don't recognize, incorrect payment statuses, or incorrect personal information. Dispute any errors immediately with the credit bureau and the creditor.

Maintain Older Accounts

The length of your credit history is another factor. Older accounts in good standing contribute positively to your score. Avoid closing old credit card accounts, especially if they have no annual fee, as this can reduce your average account age and your overall available credit.

Consider a Secured Credit Card

If you have a low credit score or limited credit history, a secured credit card can be a good tool for rebuilding or establishing credit. You make a security deposit, which then becomes your credit limit. Use it responsibly for small purchases and pay it off in full each month.

Become an Authorized User

If a trusted friend or family member with excellent credit is willing to add you as an authorized user on their credit card, their positive payment history can reflect on your credit report. However, ensure the primary cardholder uses the card responsibly, as their negative activity could also impact your score.

Seek Professional Help if Needed

Credit counseling agencies can provide guidance and assistance in managing debt and improving your credit. Be cautious of credit repair companies that make unrealistic promises; look for non-profit credit counseling agencies accredited by the Better Business Bureau or similar organizations.

Improving your credit score is a marathon, not a sprint. By consistently practicing good financial habits, you can steadily increase your score, opening doors to better rental opportunities and a stronger financial future.

In conclusion, a credit score of 670 is a decent score that can indeed be good enough to rent an apartment. It sits comfortably above the minimum requirements set by many landlords and property management companies. However, it's crucial to understand that this score places you in a category where landlords will likely conduct a thorough review of your entire credit report and application. Your payment history, credit utilization, employment stability, and rental history will all play significant roles in the final decision. By proactively preparing a strong rental application package, gathering positive references, and potentially offering incentives, you can effectively leverage your 670 credit score. If you face challenges, exploring alternatives like co-signers or different types of housing can also be viable solutions. Remember, consistent effort in managing your finances can further improve your credit score, leading to even more favorable rental prospects in the future. A 670 score is a solid foundation, but a comprehensive and well-presented application is your key to securing your next home.