Indianapolis Rental Homes – Qualifications

Indianapolis Rental Homes – Qualifications

General Rental Qualifications for Indianapolis area (subject to change based upon each rental owner)

Age: Applicant must be of legal age, 18 years or older.  All adults 18 and over are required to complete an application and be listed on the lease.

Application Fee:  $40 application fee will be required per applicant 

Financial Responsibility: Monthly gross income must be at least 3 times the monthly rent (we require the last 2 paystubs and 1 complete month bank statement to be submitted from each applicant).

Utilities: Tenants are responsible for all utilities unless noted otherwise and utilities must be put in tenant’s name prior to move in. 

Credit History: Credit history will be verified via credit check. Minimum credit score to be at least 550. 

Rental History: Past rent history must be verifiable by current landlord; prefer 1 year of good rental history. No past evictions allowed.

Employment: Employment and income resources must be verifiable (we require the last 2 paystubs to be submitted from each applicant).  Must be with current employer for at least 6 months.

Background:  No felony convictions

Pets: Some properties will allow certain pets with approval.  Please ask if the property you are interested in allows pets.

Vehicles: All vehicles on the property must have valid plates and be operable.

Security Deposit: Amount of the security deposit is equivalent to one month’s rent.  If application is approved, the security deposit must be received within 5 business days in order to hold the property.

Documents required to be submitted by each applicant.  Documents can be uploaded in the application online or you can email to rpmpropmgmt@gmail.com or fax to 317-562-0932
  • Last 2 paystubs
  • Most recent bank statement
  • Valid Driver’s License or picture id
  • Any other income documentation
 
Please Contact Us if you have any questions

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