Second chance apartments for rent

Second chance apartments for rent in the US

Understanding the Concept of Second Chance Apartments

Not everyone is familiar with the concept of second chance apartments. These types of apartments are offered to people who have experienced some financial setback that would prevent them from renting units elsewhere. Sometimes known as high risk apartments, these types of living arrangements can serve as a stepping stone toward repairing a damaged credit rating.

Second chance apartments may be right for people who have been through some sort of financial hardship and ended up facing eviction or defaulting on debts due to financial reversals. For example, a tenant who lost his or her job and could no longer afford an apartment may end up being evicted. At the same time, credit card and other debts were left unpaid, resulting in defaults. While the individual has since found another job and is making headway in repaying those old debts, the damage to the credit rating has already been done.

Some landlords will look closely at the circumstances surrounding those unfortunate events and be willing to take a chance on the applicant. In order to offset some of the risk involved, the landlord may require a higher deposit, and maybe even at least one month of rent held in reserve.

In return, the tenant has the chance to live in a comfortable apartment, and will also build good credit with the landlord by making the rent payments on time every month. The landlord in turn submits positive comments to the major credit reporting agencies, effectively aiding the tenant in rebuilding his or her credit over time. When all goes well, that tenant will be in much better financial condition in two or three years, and be in a position to ask for more favorable rental terms and conditions.
$2,064.8
Average price for rent in United States
$3.57
Average price per sq.feet for rent in United States
second chance apartments for rent ads
Innovative Apartment Group Studio, 0 Bathroom
 1
Innovative Apartment Group Studio, 0 Bathroom
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Grand Rapids, Michigan - For Rent - Apartment
A second chance by streamlining the process to rent an apartment home and utilize local... In placing people with a hiccup in their credit into nice apartments throughout michigan...
Bluebird Apartments 1 Bedroom, 1 Bathroom
 1
Bluebird Apartments 1 Bedroom, 1 Bathroom
$850
Baytown, Texas - For Rent - Apartment - 435 sq.feet - 1 bedroom - 1 bathroom
Sized washer. Dryers! We offer deposit programs, second chance leasing. Come see...
Broadway Apartments Plan B
 1
Broadway Apartments Plan B
$880
Beaumont, Texas - For Rent - Apartment - 684 sq.feet - 1 bedroom
Sized washer. Dryers! We offer deposit programs, second chance leasing. Come see...
2 Bedroom Apartment For Rent At 4612 Maggie St #2, Houston, Tx 77051 Sunnyside
 9
2 Bedroom Apartment For Rent At 4612 Maggie St #2, Houston, Tx 77051 Sunnyside
$895
Houston, Texas - For Rent - Apartment - 2 bedrooms - 1 bathroom
!L@@k! Need a second chance to rebuild your rental history? Credit/background... /1 apartment located in a quiet and convenient neighborhood, with easy access...
3913 Rawlins 3912 Hall St Studio Apartment For Rent At 3913 Rawlins 3912 Hall St, Dallas, ...
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3913 Rawlins 3912 Hall St Studio Apartment For Rent At 3913 Rawlins 3912 Hall St, Dallas, ...
$1,925
Dallas, Texas - For Rent - Apartment - 292 sq.feet - 1 bathroom
And newly updated building to qualify for one of our apartment homes, the following... Second chance leasing or bankruptcies are permitted in our communities. Generally, misdemeanors...
6509 21st St Lubbock, Tx 79407 Home For Rent
 1
6509 21st St Lubbock, Tx 79407 Home For Rent
$775
Lubbock, Texas - For Rent - Apartment - 1,044 sq.feet - 2 bedrooms - 5 bathrooms
Second chance leasing program. $0 security deposit when you use rhino to satisfy your...
1011 S Main St Carrollton, Tx 75006 Home For Rent
 1
1011 S Main St Carrollton, Tx 75006 Home For Rent
$1,215
Carrollton, Texas - For Rent - Apartment - 291 sq.feet - 1 bedroom - 1 bathroom
Microwaves, frost free refrigerators calltext ask for bryan- free apartment locator, all areas, all situations, all credit. Reference ad# 993 pics are of model apartments...
555 Promenade Pkwy Irving, Tx 75039 Home For Rent
 1
555 Promenade Pkwy Irving, Tx 75039 Home For Rent
$1,345
Irving, Texas - For Rent - Apartment - 301 sq.feet - 1 bedroom - 1 bathroom
Calltext ask for bryan- free apartment locator, all areas, all situations, all credit. Reference ad# 937 pics are of model apartments at this location this unit is not second chance...
Arlington 1/1$1350 Second Chance Apartment
 1
Arlington 1/1$1350 Second Chance Apartment
$1,350
Arlington, Texas - For Rent - Apartment - 561 sq.feet - 1 bedroom - 1 bathroom
Calltext 972-748-xyz x ask for bryan- free apartment locator, all areas, all situations, all credit. Reference ad#174 pics are of model apartments at this location all...
$1157 / Mesquite 1 Bedroom, Second Chance Leasing Apartment
 1
$1157 / Mesquite 1 Bedroom, Second Chance Leasing Apartment
$1,157
Mesquite, Texas - For Rent - Apartment - 729 sq.feet - 1 bedroom - 1 bathroom
Mesquite $1157 mesquite 1 bedroom, second chance leasing apartment wfitness... Free refrigerators calltext 972-748-xyz x ask for bryan- free apartment locator...