Renter Resources

From preparing to rent a home to eventually moving out, we have tips, information, and resources to help you make the most of your experience as an informed renter.

The rental process

Here’s an overview of the rental process in four basic steps. Stepper Block

1 Step 1 — Prepare to rent

Renting comes with costs beyond the monthly rental payment. As you search for your rental, make sure you understand what you can afford and learn about the importance of credit history.

Learn about the up-front and ongoing costs you may have as a renter, so you can budget accordingly.

Find out how credit can impact your ability to rent. It’s never too early to start building credit.

2 Step 2 — Apply and sign a lease

When you find a home that fits your needs and budget, you’ll typically submit a rental application. If you’re approved, you’ll sign a lease.

The lease agreement is a legally binding document, so be sure you read it and understand what you’re signing.

Most rentals require a security deposit. Learn what it is, what you’re responsible for, and how to get it back.

3 Step 3 — Make the most of renting

Have a better renter experience by understanding your options and rights as a renter and making informed decisions.

When you’re ready to buy a home, your on-time rent payments can help you build credit while renting.

If you’re facing a difficult financial situation and struggling to pay your rent, help may be available. Explore your relief options.

4 Step 4 — Moving Out

When it’s time for your next move, plan ahead for a successful transition.

Here are some tips on getting your deposit back when you move out.

What’s your next step? Here are some things to consider when deciding whether to rent a new place or buy your own home.

1 Prepare to rent

Step 1 — Prepare to rent

Renting comes with costs beyond the monthly rental payment. As you search for your rental, make sure you understand what you can afford and learn about the importance of credit history.

Learn about the up-front and ongoing costs you may have as a renter, so you can budget accordingly.

Find out how credit can impact your ability to rent. It’s never too early to start building credit.

2 Apply and sign a lease

Step 2 — Apply and sign a lease

When you find a home that fits your needs and budget, you’ll typically submit a rental application. If you’re approved, you’ll sign a lease.

The lease agreement is a legally binding document, so be sure you read it and understand what you’re signing.

Most rentals require a security deposit. Learn what it is, what you’re responsible for, and how to get it back.

3 Make the most of renting

Step 3 — Make the most of renting