Leasing a home?

I have one negative item on my credit report, when I was in college I made a late payment upon move out fees and the leasing manager reported it to a debt collection agency, which is now on my credit report until 2023.

I had no problem renting my apartment that I’m in now, but we’re planning to lease a house which I know has different criteria, etc

Will that negative item on my report prevent us from leasing a house?

Thanks!