Finding places to rent an apartment in Chicago with bad credit, a broken lease, or a felony
Real EstateChicago is the third largest metropolitan city in the United States and as such attracts thousands of people each day. The city is also a formidable financial center, making it a magnet for people seeking economic and career opportunities. Chicago has many different apartments that are great for any purpose and any size family. If you are looking to rent an apartment in Chicago, it is best to be armed with the necessary information. One of them is knowing your credit score because Chicago apartments will run credit and rental history checks, not to mention criminal background checks as well. So where can you rent an apartment in Chicago if you have a previous broken lease, less than adequate credit, or a criminal record?
There are many different locations within Chi-town where this is possible. The following areas have different apartment rental houses catering to applicants with an unflattering rental history, tainted credit, or criminal past:
- Downtown Chicago
- South side
- City center
- South west
- Bridesburg
A challenge many people who have poor rental history or less than perfect credit face is where to locate apartments that are willing to work with them. This is because many second-chance apartments in Chicago do not advertise that they work with people with bad credit. This leaves applicants guessing what an expensive and frustrating exercise can be.
Techniques for Finding Bad Credit Apartments in Chicago
One way to find second-chance apartments in Chicago is, of course, the Internet. This can also be tricky because not all websites are straightforward and apartment rental regulations are constantly being reviewed.
Another option is to hire an apartment locator. Usually, if you tell them what the problem is, they can find an apartment for you that can serve people with past problems, such as broken leases, bad credit, or a criminal record.
Important information to keep in mind
It is essential that you understand that even if apartments are willing to work with bad credit and / or an imperfect rental history, they will still ask you to meet some requirements:
- Have a job for at least six months before
- Be earning at least 3 times the amount of the rent.
- Not be convicted of a violent crime or crime against minors.
- If it is a felony, you must be at least 5 years old
Sometimes apartments will also require a hefty deposit and can increase your rent. But again, these requirements vary from apartment to apartment and from location to location.
Looking for Chicago apartments that will get you approved despite a broken apartment lease, high-risk credit, or a criminal record?