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YES NO Management Company/Owner: Unit: Rental Address: # of Bedrooms/Size: Rent: $ Admin Fee: $ Move In Date: Move Out Date: Pet Fee/Deposit: APPLICANT S INFORMATION Security Deposit: $ YES NO Condo? YES NO OTHER APPLICANTS (please list all co-applicants) Name: 1. SSN: D.O.B: 2. Driver s License: State: 3. Email: Total Number of Occupants: Emergency Contact Name: Children s Ages: Emergency Contact Phone: Pets (include typ.
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Occupants FAQ
Most landlords or property management companies require tenants to earn at least three times the monthly rent in gross income in order to qualify. For example, if you want to rent a $2000 one-bedroom, you must earn at least $6000 per month before taxes.
While Illinois does not have a state-wide rental license requirement, certain counties do. For example, Cook County requires landlords that own buildings (including condominiums) with four or more units to have a rental license.
While the Chicago apartment rental market is not as competitive as in New York or San Francisco, it will still take a lot of effort and planning to find that perfect apartment for the right price. Looking for a good deal? December through February is typically the best time of the year to move into a new apartment.
The general rule of thumb for any renter is to avoid spending more than 33 percent of your gross income on rent. Most real estate experts advise renters to spend anywhere between 25-35 percent.
So, consider your current credit report and make sure you're ready to share your credit history with a potential landlord. Sufficient Income. ... Positive Rental History. ... Clear Criminal Background Check. ... Professionalism. ... Be On Time. ... Have Solid References. ... Be Honest. ... Plan Ahead Financially.
When you apply to rent an apartment, you can expect nearly all landlords to run a credit check. As a general rule, you'll want a credit score of 620 or higher to secure a rental. But there's no hard and fast number: it varies by landlord, and it's only one factor in your rental application.
Most landlords or property management companies require tenants to earn at least three times the monthly rent in gross income in order to qualify. For example, if you want to rent a $2000 one-bedroom, you must earn at least $6000 per month before taxes.
In most cases, most applicants are required to have a minimum credit score of 650 to rent an apartment.
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