How to Get an Apartment at 18 with No Credit? — Mind To Riches

Securing your first apartment at 18 can be exciting, but without an established credit history, the process can feel daunting. Landlords often use credit as an indicator of your ability to pay rent on time, but don’t worry-there are ways to work around this and still land your first place. Here’s how you can navigate getting an apartment at 18 with no credit.

Save Up for a Larger Deposit

When you don’t have a credit history, offering a larger security deposit can help ease a landlord’s concerns.

By saving up in advance, you show that you’re financially responsible and committed to meeting your rental obligations.

Tip: Aim to have at least three months of rent saved in addition to the first month’s rent and security deposit.

This can help compensate for your lack of credit and give landlords peace of mind.

Find a Co-Signer or Guarantor

One of the most common ways to get approved for an apartment with no credit is to have a co-signer or guarantor. This is typically a parent, guardian, or another trusted adult with good credit who agrees to take responsibility for your rent if you’re unable to pay.