Blog | Streetcar Flats

Fiserv Forum

Discover Milwaukee

Fiserv Forum

Fiserv Forum is the newest arena in Downtown Milwaukee. More specifically, in the Deer District. Home to the Milwaukee Bucks and Marquette University Golden Eagles, ...

Milwaukee Public Market

Fun Things to Do in Milwaukee

Milwaukee Public Market

Milwaukee Public Market is a feast for the senses! The industrial-chic building is home to a curated selection of local delights, from freshly baked goods ...

Red Arrow Park

Fun Things to Do in Milwaukee

Red Arrow Park

Red Arrow Park is a city green space with lush lawns, inviting benches, and, to top it all off – a seasonal outdoor ice-skating rink. ...

Bronze Fonz

Discover Milwaukee

Bronze Fonz by Gerald P. Sawyer

Meet the Bronze Fonz – Milwaukee’s selfie superstar on the RiverWalk. A hop, skip, and a jump from Streetcar Flats. Who’s Fonz? Since 2008, he’s ...

UW-Milwaukee Panther Arena

Discover Milwaukee

UW-Milwaukee Panther Arena

The UW-Milwaukee Panther Arena is an 8,910-seat, 12,700-capacity indoor arena built in 1950 for various events, including concerts, indoor soccer, roller derby, and more. Step ...

About Streetcar Flats

Streetcar Flats is Downtown Milwaukee’s Newest apartment community located at 828 N Broadway. Streetcar Flats incorporates modern luxuries with the vintage charm of our hundred-year-old landmark building. What was once the Underwriter’s Exchange Building is now Streetcar Flats, your future home in Downtown Milwaukee, perfectly located along The Hop’s M-Line, Milwaukee’s new streetcar system.

Topics

Rental Criteria

INCOME
One Adult – Gross income must meet or exceed 3 times the apartment rental rate. Roommates – The combined gross income must meet or exceed 3 times the apartment rental rate. If you are self-employed or retired, you must provide your most recent tax filing or consecutive bank statements from the past six (6) months to verify your income.

CREDIT HISTORY
Your credit score must meet or exceed six hundred fifty (650). You will automatically be denied rental if any monies are owed to a previous landlord or management company. If you owned a home and it has been foreclosed upon, you will be denied rental. If you have been sued in an attempt to obtain a monetary judgment against you within the last five (5) years you will be denied rental. If you have a monetary judgment against you that is older than five (5) years you must have legally satisfied that judgment or you will be denied rental.

PREVIOUS HOUSING
A verifiable history of apartment rental or mortgage payments. If there is no verifiable housing and you are a first-time renter, a Guarantor will be required, along with a security deposit of one (1) month’s rent. Any previous eviction judgment is an automatic basis for rejection of an application. Any negative reference from a prior landlord will cause you to be denied rental.

OCCUPANCY STANDARDS Maximum limits are as follows:

Studio: 2 individuals maximum
1 Bedroom: 2 individuals maximum
2 Bedroom: Not to exceed 4 individuals with no more than 3 unrelated adults
3 Bedroom: Not to exceed 6 individuals with no more than 3 unrelated adults o
- Children under the age of 2 are not included in the calculation

GUARANTOR(S)
Should an applicant not qualify in terms of credit history, the applicant, at the discretion of the landlord, may have the lease guaranteed by another party. Guarantor(s) must meet or exceed the rental criteria as stated above.

Each Guarantor must provide sufficient income verification equal to three (3) times the amount of the rent to guarantee the apartment rental.

CRIMINAL BACKGROUND
If applicant has been convicted of illegally manufacturing or distributing a controlled substance as defined in sec. 102 of the Controlled Substances Act (21 U.S.C. 802) their application will be denied.

If applicant is subject to a state lifetime sex offender registration program their application will be denied.

If applicant has not been otherwise disqualified based on the above factors, and the applicant has been convicted of a felony or released from custody or supervision for a felony conviction, whichever occurred later, within the last six years, or a misdemeanor within the last three years, and the crime shows a demonstrable risk to tenant safety and/or property, their application may be denied after consideration of the nature and severity of the crime, the applicant’s age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case by case basis. Applicant shall provide any mitigating information or documentation that he or she would like to be considered regarding any criminal convictions.

*If management is unable to verify any information on your rental application, including but not limited to your prior rental history and employment, you will be denied rental. If you misrepresent your application information, you will be denied rental.

Date Started Using: May 16, 2023