
Rental Criteria
All persons over 18 who will reside in the home must complete a rental application. Qualification requirements vary by monthly rent amount — see your tier below.
DFW Property Management uses a unified rent-tier-based qualification policy. Your monthly rent determines which tier applies, and each tier has specific credit, income, and rental history requirements that affect your security deposit amount. Each tier has its own minimum credit score requirement.
Free self-check tool — see if you qualify before applying
Quick Reference by Tier
| Tier | Rent Range | Min Credit | 1x Deposit Credit | Income (at 1x) | 1x Deposit History | Eviction Lookback |
|---|---|---|---|---|---|---|
| Tier 1 | Single Family Home | 0 | 600+ | 3x rent | 24+ months | 5 years |
| Tier 2 | Apartment | 0 | 600+ | 3x rent | 12+ months | 5 years |
Tier 1: Single Family Home
Credit Score → Deposit
| Credit Score | Security Deposit |
|---|---|
| 0–499 | -1x deposit |
| 600–850 | 1x deposit |
| 580–599 | 1.3x deposit |
| 540–579 | 1.5x deposit |
| 500–539 | 2x deposit |
| Below 0 | Not approved |
Income Requirements
| Deposit Level | Gross Monthly Income Required |
|---|---|
| 1x deposit | 3x monthly rent |
| 1.3x deposit | 3x monthly rent |
| 1.5x deposit | 3x monthly rent |
| 2x deposit | 3x monthly rent |
Self-employed applicants: two years of tax returns or CPA-prepared profit-and-loss statements required.
Rental History
| Verifiable History | Security Deposit |
|---|---|
| 24+ months | 1x deposit |
| 12–23 months | 1.5x deposit |
| 0–11 months | 2x deposit |
Mortgage payment history counts as housing history with 12+ months of verifiable payments.
Eviction Lookback
Any eviction filed within 5 years → not approved.
Bankruptcy
Active bankruptcy → not approved. Discharged must be 0+ months ago.
Tier 2: Apartment
Credit Score → Deposit
| Credit Score | Security Deposit |
|---|---|
| 0–479 | -1x deposit |
| 600–850 | 1x deposit |
| 550–599 | 1.3x deposit |
| 520–549 | 1.5x deposit |
| 480–519 | 2x deposit |
| Below 0 | Not approved |
Income Requirements
| Deposit Level | Gross Monthly Income Required |
|---|---|
| 1x deposit | 3x monthly rent |
| 1.3x deposit | 3x monthly rent |
| 1.5x deposit | 3x monthly rent |
| 2x deposit | 3x monthly rent |
Self-employed applicants: two years of tax returns or CPA-prepared profit-and-loss statements required.
Rental History
| Verifiable History | Security Deposit |
|---|---|
| 12+ months | 1x deposit |
| 0–11 months | 1.5x deposit |
Mortgage payment history counts as housing history with 12+ months of verifiable payments.
Eviction Lookback
Any eviction filed within 5 years → not approved.
Bankruptcy
Active bankruptcy → not approved. Discharged must be 0+ months ago.
How Your Deposit Is Calculated
Your security deposit is based on the higher of your credit-based multiplier and your rental-history-based multiplier. They do not stack.
Example: If your credit gives you 1.5x and your rental history gives you 2.0x, your deposit is 2.0x monthly rent (not 3.5x).
Disqualifying Factors (All Tiers)
- ✕Credit score below tier minimum (480–0 depending on tier)
- ✕Registered sex offender
- ✕Active warrant
- ✕Unpaid landlord debt
- ✕Active bankruptcy
- ✕3+ late payments in past 12 months
- ✕2+ NSF/returned checks in past 12 months
- ✕Material lease violations in past 60 months
Items Requiring Additional Review
- ⚠Criminal convictions (individualized assessment)
Fees
| Application Fee | $65 per adult (non-refundable) |
| Administrative Fee | $150 per lease (one-time) |
| Security Deposit | Varies by tier, credit, and rental history (see above) |
| Payment Method | Cashier's check required for move-in funds |
Important Notes
- Guarantors/co-signers are NOT accepted for single-family homes.
- Smoking and vaping are prohibited on all premises.
- Applications are approved on a "Best Qualified Application" basis.
- Lease must be signed within one business day of approval.
- This is a summary of our criteria. Final approval depends on full application review including background checks, rental verification, and income documentation.
Effective 2024-01-01 · Legacy Criteria (SFH + Apartment)
