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.
$1,679.07
Average price for rent in United States
$11.46
Average price per sq.feet for rent in United States
Cities with second chance apartments for rent
second chance apartments for rent ads
The Jolie Of Shreveport 2 Bedroom Apartment For Rent At 1017 Quail Creek Apartments, Shrev...
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The Jolie Of Shreveport 2 Bedroom Apartment For Rent At 1017 Quail Creek Apartments, Shrev...
$725
Shreveport, Louisiana - For Rent - Apartment - 971 sq.feet - 2 bedrooms - 1 bathroom
Comfortable & convenient apartments in shreveport, la - the jolie of shreveport... Home. $50 app fee $100 admin fee nonreundable $399 move in special. Second chance...
The Jolie Of Shreveport 2 Bedroom Apartment For Rent At 1017 Quail Creek Apartments, Shrev...
 20
The Jolie Of Shreveport 2 Bedroom Apartment For Rent At 1017 Quail Creek Apartments, Shrev...
$825
Shreveport, Louisiana - For Rent - Apartment - 971 sq.feet - 2 bedrooms - 1 bathroom
Comfortable & convenient apartments in shreveport, la - the jolie of shreveport... Second chance leasing & section 8 welcome! An allied property management community. *certain...
Nw Houston Second Chance Pool
 1
Nw Houston Second Chance Pool
$1,088
Millsap, Texas - For Rent - Apartment - 2 bedrooms - 2 bathrooms
Houston northwest houston apartment unit exterior amenities: fitness facilities... Free refrigerators bryan williams @ apartment dispatch - email me at for a free...
 Second Chance Sale Fell Through!
 1
Second Chance Sale Fell Through!
$1,495
Katy, Texas - For Rent - Apartment - 3 bedrooms - 2 bathrooms
Katy great starter home or investment property! This home was previously a longterm rental and well taken care of but needs some tlc. The property features 3...
$700 / One Br Rent To Own Second Chance Opportunity Bad Credit Ok
 1
$700 / One Br Rent To Own Second Chance Opportunity Bad Credit Ok
$700
Las Vegas, Nevada - For Rent - Apartment - 1 bedroom - 1 bathroom
This is a cozy one beds condominium on the 2nd floor in a access controlled community. It is toward the back of complex and very close to the community...
$950 / Three Br Rent To Own Bad Credit? Need A Second Chance? Call Now!
 1
$950 / Three Br Rent To Own Bad Credit? Need A Second Chance? Call Now!
$950
Las Vegas, Nevada - For Rent - Apartment - 3 bedrooms - 2 bathrooms
This is a nice townhouse that is half of a duplex in structure. Carpeted floors in living room and dining. Open kitchen wall to increase room size feel. All...
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
$710
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...
Three Br Apartment This Beautiful Rental Is Located In The Dallas Area
 1
Three Br Apartment This Beautiful Rental Is Located In The Dallas Area
$968
Dallas, Texas - For Rent - Apartment - 3 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
$871
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...
Spectacular Apartment For Rent Coming Available Soon!
 1
Spectacular Apartment For Rent Coming Available Soon!
$535
Garland, 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...