Q: Is there a cutoff that landlords look for in scores in renting in the Manhattan market?
A: It’s subjective to the individual landlord or property, but a 650 FICO credit score is a good median to use as a guide for what most landlords would consider “OK” or a threshold score.
Some landlords may consider extra security or advanced rent as compensation for a lower score. A renter who has a low score can review why at www.annualcreditreport.com and address the reasons with the appropriate creditor in order to raise their score.
