Would this qualify us for an apartment?

i qualified with a FICO of 641, and 7 grand of CC debt.....i also have a clean rental history. I make 68K/year for a 2 bedroom apt with $1350 rent. My bills are current and no collections......and this complex is owned by a corporation, which is usually more difficult to qualify for. I too was nervous, but was accepted in 3 hours after turning in my application and necessary documents.

If they question you, tell the truth. They can and usually do find out the truth anyway. NEVER offer anything they do not ask you for, that sends them a red flag.

I, as a landlord, look at mainly a few qualifications.

Has the tenant been paying their rent in a timely manner?
Has the rent been around the same amount?
(or higher if additional income added)
Did the tenant abide by their last lease and leave
in good standing? ( No damage beyond reasonable
wear and tear and clean)

I have had tenants that had excellent credit ratings, but
were horrible tenants. lol

Good luck. Be careful of application fees. They start around $35. Look over CraigsList. Make calls & ask questions before you make appointments. Don't talk about your credit at all on the phone while making appointments. I show apartments in the summer. When someone tries to use five minutes to explain why they didn't pay a utility bill I tell them to get it straightened out then call back.
I live in Chicago so our rents and practices are different. It's very common here not to charge a security deposit anymore. There is a $200 administrative fee instead. That is OK if you plan to live there for at least two or three years but you wouldn't want to pay it every year. Also some places don't look at student loans unless no payment has ever been paid. Also the same for medical bills. We can't help it if people get sick or injured & the medical system is a train wreck. Big credit card balances for dumb things count heavily. People that dump a lot of cell phone contracts are the kiss of death.
We don't do co-signing. If someone has horrible credit we will take a year's rent up front.
Ask around with your friends & relatives. Maybe a friend of a friend owns a nice building.

You should get it.....;)

You're fine. Unless you've been evicted - and within the last seven years at that - you're as good as gold.

I would go for the co-signer. Instead, put the two month's rent towards an emergency fund. Pay yourselves first!

Google 'percent of income' for food, rent, etc.... One reference advised rent at 35% max.

That's a practical line of inquiry. Could be very useful advice!