Create a budget to determine how much of your student loan income you can afford to pay toward rent each month.
Evaluate your needs to determine what size of apartment you will need and where you should live.
Locate an apartment. You can search for available apartments through local newspapers, online listings or your college.
Discuss your income situation with the landlord. Your landlord may require that you have a co-signer before you can sign the lease.
Complete the application for the apartment and pay the necessary fees. Many landlords require a fee to run your credit and background check.
Provide a copy of your loan documents or a current bank statement to your landlord. Provide documentation to show any other sources of income you have, such as a savings account. This documentation will prove you have the ability to pay the rent each month.
Locate a co-signer. You can use a parent, family member or friend as a co-signer. The person should have verifiable income and a good credit history.
Complete the lease agreement with your landlord. Read the lease carefully before signing. Have your co-signer sign the lease agreement as well.
Pay the first month's rent and any required security deposits to the landlord.