In my opinion, your ability to rent with bad credit will ultimately be limited BUT....
If you are dealing with a larger corporation, they will have tenant standards within their policies, and the employees are unlikely to break a company policy to rent to you. If you are working with a person, especially the actual owner of the property, they may possibly take into consideration the reason for your low credit. For instance, you may have had a divorce which led to the poor credit, fraud of some sort, foreclosure etc. If you are able to explain the situation and its not simply years of poor money management, owners I believe will consider you in that regard.
We're all human and everyone experiences ups and downs.
Best of luck on your new home search.
Yours in Real Estate,
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