How Long Does It Take To Get Approved For An Apartment?

Prospective renters usually hear back from a landlord or property management group within 1-3 business days after submitting an application. There are cases where the approval process could take longer, especially when additional information is requested. Background and credit checks may also come with some slight delays. Let’s take a look at all the factors below that could impact how long it may take to get approved for an apartment.

How Long Do Apartment Applications Take To Be Approved?

On average, you can expect to have your application either approved or denied within 1-3 business days, as previously mentioned. Once you pick an apartment you want to live in, you can request the application. If there is no online application, you should contact the leasing agent or landlord to receive a paper application.

Once you have filled out the application, you will usually have to pay an application and/or admin fee. Ensure you have followed all instructions and submitted everything that is required.

Typically, anyone filling out an apartment application will need to include the following things:

• Current address.
• Contact information.
• Social security number.
• Driver’s license number.
• Previous address.
• Proof of employment.
• Vehicle information.
• Pet information.
• Names of co-applicants or others who will live in the apartment.

How Long Do Apartment Background Checks Take?

The amount of time it ultimately takes to screen a tenant will vary based on several factors, including the complexity of the screening process, availability of information, and the tenant’s responsiveness. As mentioned above, most background checks can be completed within just a few days or a few weeks.

How To Speed Up The Approval Process

There are a few things you can do below to ensure your application process goes as smoothly as possible.

Have Your Documents Ready

Collect all the documents you may need for this process. The necessary documents typically include:

• Employment verification letter, paystubs, or W2s.
• Letters of recommendation from previous landlords or employers.

If you have any pets, you may need to provide additional documentation like health and vaccination records. Some apartments may have breed and/or weight restrictions for pets.

Determine If You Need A Cosigner Or Guarantor

You may need a cosigner or guarantor if you have bad credit, lack a credit history, or simply don’t make enough money for the apartment’s specifications. A cosigner or guarantor can be anyone who can vouch for you financially and make payments for you if you fall behind on rent.

The main difference between a guarantor and a cosigner is the fact that a cosigner can live in your apartment if you choose.

Provide References

Your landlord could ask you to provide personal references with your application. The letter can either be from a previous landlord or employer.

Your employer can vouch for your work ethic, while your landlord can speak about you paying rent on time and upholding the lease.

Prepare For A Background Check

Landlords perform background checks to see a potential tenant’s credit, criminal background, and past evictions, if applicable.

If there are any blips on your record, explaining the issue to your landlord is best before it is uncovered during a background check.

Have Proof Of Income

Your new landlord must confirm that you have the necessary finances to pay rent each month. Most times, a renter is required to make three times the cost of monthly rent in order to qualify for the apartment.

If you have issues finding an apartment to meet the required income, you may need a guarantor or cosigner.

Apply Online

The majority of property management companies will offer online applications. This can undoubtedly streamline the process quite significantly when compared to filling out paper forms.

Some websites, such as Zillow, will let prospective renters apply to more than one apartment at the same time.

Be Responsive

Responding as quickly as possible is advised for any renters when communicating with a potential future landlord.

The landlord may need further documentation or clarification during the approval process.

What Can Delay The Apartment Approval Process?

Knowing what things can potentially slow down the process can help you prepare for them ahead of time. Incomplete applications, for example, will lead to follow-ups from the landlord.

If the apartment or surrounding area is in high demand, landlords may wait a bit to find the ideal renter. If your personal references are slow to respond, this can also make the approval process drag on.

Most property managers rely on third-party background screeners, which may take some time to review the application. Always be mindful of any upcoming holidays, as this can slow down the process, as well.