Income Requirements
You need to show either income, savings, or both—based on your household:
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If you have dependents (living with you, listed on your tax return, or you’re paying child support):
You must show 3 times the yearly rent. -
If you do not have dependents:
You only need to show 2.5 times the yearly rent.
Example:
If rent is $2,000/month:
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With dependents → You need $73,000
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No dependents → You need $60,000
What to Upload
THIS YEAR:
Pay Stub:
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Must be less than 30 days old
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Show: your name, pay period, YTD pay, and employer info
LAST YEAR:
Tax Return, W2, or a December Pay Stub that shows YTD (Year to Date) income.
How to Upload
If you need to add proof of income to your rental application, click here:
How Much Income You Need to Quality
More Info
Do Not Upload:
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Password-protected files
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Screenshots of payroll processing info (Screenshots of W2, paystub, or page 1 of a tax return are ok)
Retired
If you’re retired and don’t make enough income:
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You can qualify with retirement or investment savings.
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Or use a combination of Social Security and savings.
Example: If rent is $2,000/month, you need at least $60,000. That can be all savings, or part savings and part income
Self-Employed or Business Owners
Upload:
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Your personal tax return showing net income (after expenses)
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Any business documents, like:
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Corporate tax return.
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Articles of Incorporation.
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Statement of Information.
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