Port Property requires: A sufficient Risk Score - this “risk score” is a number that is calculated by a third party processing center using your credit score from all three credit bureaus. A Risk Score below 620 (Maine applicants), 570 (North Carolina applicants) or a result of “N/A” requires a cosigner. Proof of income: Your gross monthly income must be at least two and a half times the monthly rent (Maine applicants) or two times the monthly rent (North Carolina applicants). If you are employed and/or don’t meet our income criteria, you will need to have a qualified co-signer. Last month’s rent deposit equal to one-month’s rent: This deposit will remain on file with your apartment until your tenancy/responsibility ends and will be applied to your last month’s rent. A security deposit: The amount will range from $300 to one full month's rent. The amount is determined by your Risk Score results. A lower Risk Score will result in a higher security deposit, while a higher Risk Score will result in a lower security deposit. First month’s rent payment. Admin fee (for North Carolina only). For more details about rental requirements, see the full Rental Policy. We partner with RentGrow for our screening process. For more information about RentGrow or how to obtain a copy of your screening report, please visit: HOME - RentGrow