Many people who are looking to become home owners have credit issues holding them back. Some little to no established credit on file while others are playing catch up from previous decisions. Regardless of the situation, there is an effective way that you can build credit by doing what you are already doing, paying your rent on time.
There are companies that will work with you and your landlord to ensure that your payments are reported the the credit bureaus in exchange for small service charge usually from $0 to $10 a month. Some companies have an enrollment fee from $20-40 in order to start so be sure to shop around to get the best company for your situation.
This is a great way to get the ball rolling on getting your credit built up by putting you in a position to improve your circumstances and buying credibility from credit lines to mortgages.