Credit Score - Is 630 high enough to rent without a hassle?

It does depend on where you are...but I know people who have rented with scores much lower. I do believe what happens is: the lower your score...or if it doesn't fall within their parameters they may just ask you for a bigger security deposit.

I use to work part-time as a leasing agent for a complex that had 500 units or so. The worse the credit score was the more money we required up front. Typically if they had the first month rent plus another months rent as deposit then we would lease to them even if they had bad credit. The worse the credit the less chance they had to get any of the specials the complex was running. For example they use to run a special of 1 months rent plus a deposit of $99 to get in but if you had bad credit they made you pay more than the $99. I do not remember what the break down was on the scores though. It seems like to me we looked more at their outstanding debt and if they were delinquent on a lot of payments more than just the score itself.

We also took work history and income into account. I think we required that the person earn 3 times the rent in income per month. So if you wanted to rent a $500 apartment you had to make $1500 per month. If the person did not qualify on this part then we would not rent unless they had a co-signer period.