What is Rental History and How Does It Affect Your Apartment Hunt?

Rental history is valuable for all apartment owners for many reasons.

Once you apply to rent an apartment, you’ll always be asked a few questions about your past rental history. If you’ve ever wondered why we ask these questions and what it tells us, then this blog is what you need. Rental history is valuable for all apartment owners for many reasons. Read on to learn more about rental history and its overall impact on your application!

What Is Apartment Rental History?

Your apartment rental history is information all about your past rental agreements and arrangements, which usually will include old addresses, late payments for rent, evictions, and other information that would be useful for us while reviewing your application.

What Does This Tell Us?

Your rental history is somewhat similar to a credit score. It will give us insight into your past and will make us aware of anything that might be a problem. We totally understand that your rental history does not tell the entire story, which is why it isn’t the primary deciding factor when it comes to approving and denying an application.

How Could You Prepare for This?

Before you apply for an apartment, you could always check your own rental history on the internet. There are a handful of free websites that allow you to do that, just make sure to double-check the authenticity to make sure that it’s valid. Once you’ve pulled the report, look over it and make sure that all information is updated and correct. You might find some information that is no longer accurate or miscommunicated. You can sometimes fix these things on your end by reaching out to old landlords or financial companies.

How to Be Entirely Proactive?

While you may be unable to change your past rental history, you should still continually improve it. Try to be proactive and remember how your current rental arrangement could affect you. Even if you are not currently planning on moving away, always keep in mind the fact that one day you will want to. This means paying rent on time, leaving the apartment unit and its utilities in good shape, and generally being a good neighbor and tenant! A few communities and landlords can even ask for letters from landlords with applications, and having a professional relationship with yours can go quite a long way in helping you get that dream home.

Come Home to Comfort and Convenience at Prescott Square Apartments

Nestled in the wooded hills of Pikesville, yet just moments away from Baltimore, Reisterstown, Randallstown, Millford Mill, Gwynn Oak, Old Court, Owings Mills, Garrison, Lochearn, and Windsor Mill, Prescott Square Apartments offers spacious apartment living spaces for everyone! We offer two-bedroom homes with wall-to-wall carpeting/hardwood flooring, central A/C, access to oversized patios/balconies, and maintenance whenever you need it. To set up an appointment to take a look at our apartments, call us at 443-213-8584 or visit our website!