Question 1

What credit score do I need to rent an apartment in Canada?

Accepted Answer

Most Canadian landlords look for a credit score of 650 or higher. Scores above 700 are considered excellent for rental applications.

Question 2

What income-to-rent ratio do landlords require?

Accepted Answer

Most landlords require a 3:1 income-to-rent ratio. For example, if rent is $1,400/month, they want to see at least $4,200/month in gross income.

Question 3

How can I improve my rental application?

Accepted Answer

The biggest factors are credit score, income-to-rent ratio, and landlord references. Get a reference letter from your current landlord, prepare proof of income, and check your credit report for errors before applying.

How Strong Is Your Rental Application?