In today’s fluctuating economy, where everything from groceries to utilities is getting pricier, it’s essential for us to help ensure our tenants aren't stretched too thin financially. That’s why we set our rental income requirement at three times the monthly rent. This guideline is designed to make sure that after paying rent, our tenants have enough left over for their other necessary expenses, supporting a more comfortable and stable living situation.
We’re looking for long-term relationships with our tenants, and financial stability plays a big part in making that possible. We know our income requirements might seem high and could exclude some potential renters. However, we encourage everyone to apply and include all sources of income. Plus, if you’re close to meeting the requirement—say, you earn 2.5 times the rent and have solid credit—we’re definitely open to discussing your application.
In the Triangle area, where the cost of living can be high, we’re committed to maintaining affordability and supporting our community. We aim to build lasting, positive relationships with our tenants, marked by mutual respect and stability. If you have any questions about our criteria or your specific situation, don’t hesitate to reach out. We’re here to help.
