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.
$1,593.44
Average price for rent in United States
$10.50
Average price per sq.feet for rent in United States
Cities with second chance apartments for rent
      second chance apartments for rent ads
      Barrington Way
       1
      Barrington Way
      $4,200
      Santa Clarita, California - For Rent - 2,450 sq.feet - 4 bathrooms
      Here's your chance to rent into one of santa clarita's newest exclusive gated... Level foyer. The second bedroom is on the mid level along with the living, dining...
      2959 Forrest Hills Dr Sw Apt 01, Atlanta, Ga 30315
       1
      2959 Forrest Hills Dr Sw Apt 01, Atlanta, Ga 30315
      $685
      Atlanta, Georgia - For Rent - 800 sq.feet
      Playground, laundry onsite, great schools second chance available for persons with no criminal...
      2717 Stardust Ct # Studio, Jacksonville, Fl 32211
       1
      2717 Stardust Ct # Studio, Jacksonville, Fl 32211
      $573
      Jacksonville, Florida - For Rent - 505 sq.feet
      & shopping all tile baths lighted off street parking mini blinds second month free 25 application fee* - must make 2 1/2 times rent second chance program -can...
      1536 Beechview Avenue # 2nd Fl 3rd, Pittsburgh, Pa 15216
       1
      1536 Beechview Avenue # 2nd Fl 3rd, Pittsburgh, Pa 15216
      $795
      Pittsburgh, Pennsylvania - For Rent
      Newly available second floor apartment in beechview. Convenient to everything... Chance. $20 per month cleaning fee required to cover end of lease cleaning. This home...
      1033 Flushing Ave # Second, Brooklyn, Ny 11237
       1
      1033 Flushing Ave # Second, Brooklyn, Ny 11237
      $2,800
      New York, New York - For Rent
      Don't miss your chance to live in this beautifully renovated 1 bedroom in eastern williamsburg. Located a few short blocks to the morgan l train. Seconds away to many...
      1219 Noble St # 4, Philadelphia, Pa 19123
       1
      1219 Noble St # 4, Philadelphia, Pa 19123
      $2,300
      Philadelphia, Pennsylvania - For Rent - 2 bathrooms
      Of center city and the ben franklin bridge. No detail has been left to chance at hamilton... Your second bedroom off the living room is nicely sized and features an adjoin...
      1213 Noble St # 4, Philadelphia, Pa 19123
       1
      1213 Noble St # 4, Philadelphia, Pa 19123
      $2,300
      Philadelphia, Pennsylvania - For Rent - 2 bathrooms
      Of center city and the ben franklin bridge. No detail has been left to chance at hamilton... Your second bedroom off the living room is nicely sized and features an adjoi...
      282 Macon St # Second, Brooklyn, Ny 11216
       1
      282 Macon St # Second, Brooklyn, Ny 11216
      $3,000
      New York, New York - For Rent
      Don't miss your chance to live in this incredibly huge and very well kept... And three huge bedrooms. Ample closet space in the apartment. Beautiful hardwood floor...
      171 Clermont Ave # Second, Brooklyn, Ny 11205
       1
      171 Clermont Ave # Second, Brooklyn, Ny 11205
      $2,600
      New York, New York - For Rent
      Don't miss your chance to live in this incredible 1 bedroom in fort greene. Large one bedroom with tons of closet space and good light. Beautiful hardwood...
      478 Brittany J, Delray Beach, Fl 33446
       1
      478 Brittany J, Delray Beach, Fl 33446
      $950
      Delray Beach, Florida - For Rent - 726 sq.feet - 1 bathroom
      Furnished one bedroom unit on second floor, clean and bright, ready to move in. Kings point has lots to offer. Courtesy of: chance realty llc.