how do new grads get an apartment (apartments, house, relocation) - Renting -Apartments, houses, lease, tenant, landlord, agreements, termination - City-Data Forum

city_data91 · 03-21-2009, 01:59 PM

A lot of apartments require proof of income. But new college grads need an apartment at the same time that they're starting a job. How does this work if you have no proof of current income, but you will have a future income when you start your first job?

In this scenario, let's say the job is nowhere near where the parents live, so living with parents is not an option.

Ultrarunner · 03-21-2009, 02:24 PM

A lot of grads have jobs lined up before graduation... I know this is the case for Nurses and Accountants...

An alternative is to rent a room before you get established...

Large companies offered or still offer relocation assistance, especially in the nursing field...

city_data91 · 03-21-2009, 03:15 PM

I know that a lot of people have jobs lined up. But still, you would need an apartment shortly before you actually started the job.

Babytarheelz · 03-21-2009, 09:31 PM

Most apartment communities accept offer letters from future employers as proof of income. If no employment has been lined up already, then most will accept a co-signer to meet the income requirement.

Green Irish Eyes · 03-21-2009, 11:46 PM

Sublets are a good option in some areas -- you can rent a place for a few months while you're getting established, and then move to your own place.

STT Resident · 03-22-2009, 06:54 AM

Quote:

Originally Posted by Babytarheelz

Most apartment communities accept offer letters from future employers as proof of income. If no employment has been lined up already, then most will accept a co-signer to meet the income requirement.

Parents often co-sign for their kids just starting out. If it's a sharing situation with more than one person on the lease, all parties who can't fulfill the proof of income requirement will have to have co-signers. Cheers!

HomeHuntress · 03-22-2009, 09:12 AM

Ditto the offer letter.

sonarrat · 03-23-2009, 09:44 AM

I did the sublet thing. I rented a master suite in a house for about a year until I had enough solid income to rent an apartment.

MovinOutWest · 03-23-2009, 01:26 PM

Quote:

Originally Posted by Babytarheelz

Most apartment communities accept offer letters from future employers as proof of income.

The offer letter has always worked for me, not only as a new grad but even as a not so new grad moving to start a new job.

thegirlinaz · 03-23-2009, 10:42 PM

My first apartment I had to have my parents co-sign.