Renters in apartments have credit scores ranging from less than 600 in Arlington, Texas, Memphis, Tennessee, Las Vegas, Indianapolis, and Baltimore to more than 700 in some of the most competitive areas, such as San Francisco, Boston, New York, Seattle, and Oakland, California, according to statistics from the top 50 largest cities.
More specifically, the most competitive city for renting is San Francisco. Here, renters have credit scores as high as 719. Similar-caliber cities like Boston (716), New York (715), and Seattle (706), come next. Minneapolis, Minnesota is the unexpected choice among the top 10 in this regard, with an average credit score of at 688 – higher than Los Angeles renters’ credit score of 682 and San Diego’s 680, and similar to Washington D.C.’s 689.
Arlington, Texas, is a good place for people with bad credit to locate a decent apartment. Of the cities under investigation, this one has the lowest average credit score (580) required to rent an apartment. Memphis, Tennessee comes in next with 583, then Las Vegas with 584, and Indianapolis, IN with 590.
