Can you rent an apartment with no deposit?

Assurance Protection Group is a company that provides a service to tenants, enabling them to move into homes with no security deposit, when approved by a landlord. APG offers protection plans to landlords to rid them of the potential liability of property damage that is often associated with rental properties.

Security deposits are designed to cover any potential damage that a tenant might cause to a property, notes Apartments.com. Without this protection, a landlord has to incur all tenant damages. Services such as those offered by APG not only cover the landlord, but also make move-in costs cheaper for tenants who don't have the money for a security deposit. The benefit is provided only for those landlords who accept APG services.