When your landlord requires that you show proof of income to prove that you can afford to live in an apartment unit of theirs, you may wonder which documents will count as the proof. This can depend on the type of job that you have, how long you have been in the job, and even if you are moving to a new area. For example, most tenants are going to use their paystubs, but if you are moving in for a new job, you can use a proof of income letter to help. Some of the documents that a landlord may consider to verify your income includes:

# Your pay stubs: This is one of the most commonly used documents when it is time to vierify your income. The landlord will be able to learn where you work, figure out the stability of your job, and see how much you will earn in a pay period to compare to whether you earn enough for the rent.

# Proof of income letter: This is a communication that comes directly from your employer to the potential landlord. This letter can cut out some of the personal information and just tells the landlord that you are employed and the amount that you earn in that job.

# IRS Tax Form 1040: More robust than a pay stub, this form from the IRS is going to help the property manager get a snapshot of your earnings. It can show all forms of income and is good if you work for yourself or have some side gigs that you would like to include as well.

# W2’s: Your landlord may be willing to take some of your W2s as proof of the income that you have done in the past. You may need to present these for each job you have held over a certain number of years.

# Bank statements: You may need to show some of your most recent bank statements. This can show both the deposits that you made and any deductions as well. This can be required in addition to proof of income to help the landlord determine if you are a good fit for the unit.

Finding apartments for rent in Austin, TX can take a little legwork. You want to make sure that you can find an affordable place that is near everything you want to see, with all of the amenities that you could desire. When you are in the market for a new apartment to call home, come and check out some of the great options that we have available. We feel confident that you will find everything you need!