4000-4002 Pennsylvania Ave. · Apartments for Rent

Budget-conscious renters, your search ends here. This freshly listed studio apartment delivers exceptional value in the vibrant Dutchtown neighborhood, proving that an affordable address can still place you in the thick of South City living. For singles, students, or anyone ready to stretch their dollar further, this unit hits the sweet spot. The studio's open design makes every square foot count, giving you the freedom to arrange your living, sleeping, and lounging zones however suits your routine. A full bathroom rounds out the essentials, keeping daily life uncomplicated and comfortable. Best of all, the wallet-friendly rent means more room in your monthly budget for the things that matter most. Professionally Leased by Meramec Valley Properties Management! Website for all listings is mvpmstl. com Click leasing services tab x 2 By law MVPm is able to set minimum standards for applicants with regards to qualifications for occupancy. Our qualifications are as follows: * Must complete a background check – cost $75.00 for the first person and $75.00 for each additional person. *Note: MVPm pays $40 per person per check. The additional money helps defer the expense of the labor in the coordination of the leasing activity. * Verifiable monthly gross income must be at least 3 times the monthly rent. *Applicant must: * Be in the United States lawfully. * Not be wanted by any Law Enforcement Agency. * Be above age 18. * Have photographic proof of identification from an approved government agency at time of application and lease signing. *Not have engaged in any Felony within the past 7 years in which such person was guilty of a crime in which another person was harmed intentionally or otherwise. *Have no more than a either of the following in the past five years: * 1 eviction (see below for evictions) *1 Bankruptcy and/or foreclosure If tenant(s) meet the above qualifications, leasing security deposits are determined as follows based on credit scores: • 625 and higher – 1 month security deposit (SD) • 575 – 624 – 1.5 months (SD) o If eviction or foreclosure in last 5 years – a qualified guarantor must co-sign at time of lease. • 525 – 574 – 2 months (SD) o If eviction or foreclosure in last 5 years – a qualified guarantor must co-sign at time of lease. • Under 525 – 2 months (SD) plus a qualified guarantor. Should a co signer be required please note the qualifications: Must submit an applicaiton Credit score of 625 or Higher No Evictions, Bankruptcy, or Foreclosures on File No Felonies within 7 years Meet income requirements and have garnishable income If approved, must be willing to sign lease as financial guarantor Income • Net combined income of applicants in excess of 2.5 times monthly rent (or 3 times gross) is required to rent the unit being applied for. Income from employment is required – a minimum of 1 month. A qualified assistance agency, SSI or other “non-garnishable” incomes may be considered for purposes of income verification to meet the required threshold. Evictions • For applicants with evictions/past amounts owed (judgements or damages stated by previous landlord from any period going back 20 years from the application), the past amount must be satisfied or under an approved Payment Plan that is current. The tenant must agree to a Rental Verification check. Failure to provide/confirm this information will result in the application not being approved unless the Property Owner decides otherwise. Move In: Tenant Requi..