A lot of persons are having financial troubles. If landlords do not rent to any person with financial trouble, landlords would be writing off a large pool of potential clients.
What you likely need to show is your ability to pay current rent.
If, for example, you are making $3000 a month but want to rent a place that costs $1500 a month, few landlords would be renting to you as you would look to be a poor credit risk. You would be a poor credit risk in this scenario even if there is no foreclosure.