Tenants must meet the following qualifications in order to rent
from Anchorage Point. No exceptions.
1. Income Qualification
Tenants weekly income must meet or exceed twice the weekly rent.
For example if your weekly rent is $159.99, your weekly gross
income must be twice that amount, or $319.98 per week. The
following chart is an example only as apartment prices vary.
Here is an example of what your minimum income should be per hours
worked each week.
Type of
Apartment |
Weekly Rent |
Required Weekly Income |
Minimum hourly rate
if working: |
| 40 hrs week |
30 hrs week |
20 hrs week |
| Studio |
$139.99 |
$279.98 |
$7.00 |
$10.00 |
$14.00 |
| One Bedroom |
$159.99 |
$319.98 |
$8.00 |
$11.00 |
$16.00 |
| Two Bedroom |
$249.99 |
$499.98 |
$12.00 |
$17.00 |
$25.00 |
*This table is used solely as an example of how to breakdown your income and
does not represent exact figures. Tax is not included in
this example, but will be added to weekly rents total to determine minimum
income required.
Note: The minimum hourly rate for a studio apartment should be at least $7.00
when tax is included.
2. Criminal History
Your criminal record must have no more than one felony, no aggravated
assaults, no theft/robbery, no drug manufacturing or trafficking no sex or violent crimes.
3. Occupancy Limits
A maximum of 2 permanent residents allowed per studio, 2 permanent residents per one
bedroom and 4 permanent residents per two bedroom.
4. Senior citizens Age
60 and over may reduce these income requirements by 33%. Example:
a senior would only have to prove income of $173 per week to rent a
$129.99 studio. |