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.
$1,632.24
Average price for rent in United States
$20.63
Average price per sq.feet for rent in United States
Cities with second chance apartments for rent
second chance apartments for rent ads
Dont Let A Home Keep You From Getting A Second Chance Apply Today Killeen
 1
Dont Let A Home Keep You From Getting A Second Chance Apply Today Killeen
$725
Killeen, Texas - For Rent - Apartment
Designs, century plaza offers spacious apartment homes in an appealing environment...
 Second Chance Program 2x2.5 Towe House I 45 North Fm 1960
 1
Second Chance Program 2x2.5 Towe House I 45 North Fm 1960
$945
Houston, Texas - For Rent - Apartment
Welcome home to the palms at cypress station apartment homes we are conveniently located near i-45 for smooth access to anywhere you want to be. You will find several...
1 Bedroom Apartment Renovated Suitland
 1
1 Bedroom Apartment Renovated Suitland
$1,212
Lexington Park, Maryland - For Rent - Apartment
Apartments brings convenience and luxury to suitland. We offer multiple floor plans, spacious patios, balconies, and newly renovated apartments. We are minutes away from major...
$350 Total Cost Move In Now Special Villa Del Ray
 1
$350 Total Cost Move In Now Special Villa Del Ray
$395
Killeen, Texas - For Rent - Apartment
Today and application fee is free second chance rent specialscase by case basisadded new member of management to better serve yougarden style apartment livingthis...
Wine Room, Covered Parking Garage, Outdoor Kitchen Med Center Bellaire Medical Center
 1
Wine Room, Covered Parking Garage, Outdoor Kitchen Med Center Bellaire Medical Center
$1,495
Houston, Texas - For Rent - Apartment
Our apartment offers renters the very best combination of location and lifestyle... Texas, our apartment offers spacious apartment homes. Enjoy the upscale-carefree...
Ingram Ranch 2 Bedroom 2 Bath Broken Leases Ok Section 8 Accepted
 1
Ingram Ranch 2 Bedroom 2 Bath Broken Leases Ok Section 8 Accepted
Request Details
San Antonio, Texas - For Rent - Apartment
Place say no, we say yes get your second chance at ingram ranch apartments. Section 8... And texas restroomingram ranch apartments move in special starting $50.001bx1b 600sq...
$99 Move In Special Summer Park
 1
$99 Move In Special Summer Park
$395
Killeen, Texas - For Rent - Apartment
Special today move-in now $99by approval second chance rent specialscase by case basislimited availability this is a great apartment with tons of space and the best...
North Dallas Second Chance Dallas
 1
North Dallas Second Chance Dallas
$720
Dallas, Texas - For Rent - Apartment
Www.Kellylocator.Net click on apartment list, enter information and include2nd chance 75240 property we will email your list asap. Broken leases must be over...
North Dallas Second Chance $299 Total Move In Dallas
 1
North Dallas Second Chance $299 Total Move In Dallas
$720
Dallas, Texas - For Rent - Apartment
Www.Kellylocator.Net click on apartment list, enter information and include2nd chance 75240 property we will email your list asap. Broken leases must be over...
 Second Chance Large Living Room 2 Car Garage Buffalo
 1
Second Chance Large Living Room 2 Car Garage Buffalo
$674
Buffalo, New York - For Rent - Apartment
Must see great for family or college students. Beautiful apartment has hardwood floors throughout that can be seen by the natural light. The bathroom is beautifully done...