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.
$1,658.14
Average price for rent in United States
$8.91
Average price per sq.feet for rent in United States
Cities with second chance apartments for rent
second chance apartments for rent ads
Two Br Apartment This Beautiful Rental Is Located In The Dallas Area
 1
Two Br Apartment This Beautiful Rental Is Located In The Dallas Area
$725
Dallas, Texas - For Rent - Apartment - 2 bedrooms - 2 bathrooms
And offers a variety of features and amenities to choose from. If you're interested, give us a this rental wont last very long, so act now! No second chance...
Two Br Apartment This Beautiful Rental Is Located In The Dallas Area
 1
Two Br Apartment This Beautiful Rental Is Located In The Dallas Area
$845
Dallas, Texas - For Rent - Apartment - 2 bedrooms - 2 bathrooms
And offers a variety of features and amenities to choose from. If you're interested, give us a this rental wont last very long, so act now! No second chance...
This Wonderful Rental Can Be Yours. $889/mo
 1
This Wonderful Rental Can Be Yours. $889/mo
$889
Friendswood, Texas - For Rent - Apartment - 1 bedroom - 1 bathroom
Average to good credit required. For up-to-date detail and more! No second chance leasing, and no s accepted. Appointments are required for tours. Images and information...
This Wonderful Rental Can Be Yours!
 1
This Wonderful Rental Can Be Yours!
$1,141
Friendswood, Texas - For Rent - Apartment - 2 bedrooms - 2 bathrooms
Unit number: 8549. Average to good credit required. For renovated detail and more! No second chance leasing, and no s accepted. Appointments are required...
Spectacular Apartment For Rent Coming Available Soon!
 1
Spectacular Apartment For Rent Coming Available Soon!
$1,189
Arlington, Texas - For Rent - Apartment - 3 bedrooms - 2 bathrooms
Unit number: 1269. If you're interest, give us a shout today! Average to good credit required. For renovated detail and more! No second chance leasing, and no...
Spectacular Apartment For Rent Coming Available Soon!
 1
Spectacular Apartment For Rent Coming Available Soon!
$650
Euless, Texas - For Rent - Apartment - 2 bedrooms - 2 bathrooms
If you're interest, give us a shout today! Average to good credit required. For renovated detail and more! No second chance leasing, and no s accepted. Appointments...
One Br Apartment This Beautiful Rental Is Located In The Grand Prairie
 1
One Br Apartment This Beautiful Rental Is Located In The Grand Prairie
$650
Grand Prairie, Texas - For Rent - Apartment - 1 bedroom - 1 bathroom
And offers a variety of features and amenities to choose from. If you're interested, give us a this rental wont last very long, so act now! No second chance...
One Br Apartment This Beautiful Rental Is Located In The Dallas Area
 1
One Br Apartment This Beautiful Rental Is Located In The Dallas Area
$577
Dallas, Texas - For Rent - Apartment - 1 bedroom - 1 bathroom
And offers a variety of features and amenities to choose from. If you're interested, give us a this rental wont last very long, so act now! No second chance...
Spectacular Apartment For Rent Coming Available Soon. $740/mo
 1
Spectacular Apartment For Rent Coming Available Soon. $740/mo
$740
Bedford, Texas - For Rent - Apartment - 1 bedroom - 1 bathroom
If you're interest, give us a shout today! Average to good credit required. For up-to-date detail and more! No second chance leasing, and no s accepted...
Very Nice Home For Rent In Stone Mountain
 1
Very Nice Home For Rent In Stone Mountain
$1,300
Snellville, Georgia - For Rent - Apartment - 3 bedrooms - 2 bathrooms
Snellville dream homes offers a second chance program and rental program for people who are in need of a rental home, lease purchase home but have certain...