How do I find a good cheap apartment in NYC?

Published by Charlie Davidson on

How do I find a good cheap apartment in NYC?

How to find a cheap apartment in NYC

  1. Make direct contact. The easiest way to save money is to avoid paying a broker’s fee.
  2. Look at bigger apartment buildings.
  3. Face something ugly.
  4. Buy earplugs.
  5. Wait until May.
  6. In fact, wait until winter.
  7. Throw in a little elbow grease.
  8. Find a low-key neighborhood.

How can I live cheap in NYC?

How to Live Affordably in New York City

  1. Cook more meals at home.
  2. Maximize your transportation budget.
  3. Take advantage of NYC Restaurant Week and similar promotions.
  4. Shop at secondhand stores.
  5. Scour discount sites like Groupon, LivingSocial and Gilt for deals.
  6. Visit museums on free admission days.
  7. Buy in bulk.

How can I avoid getting scammed for an apartment?

Tips to Avoid Being Scammed When Apartment Hunting

  1. Dealing in Cash Is a Bad Start.
  2. Never Rent Without Having a Look at the Actual Place.
  3. Always Sign A Written Lease.
  4. Identify The Owner Of The Property.
  5. Make Sure Your Lease Identifies The Owner As Well.
  6. Sub-leasing Is Not A Great Idea.
  7. Meet Your Landlord In Person.

Is there a best time to rent in NYC?

Therefore, if you are looking for the best “deals” on rental apartments in NYC, then the best time to look would be between October and February. Landlords hate to have their apartments on the market during this time because they know that the foot traffic will be much less.

How much does a NYC apartment cost?

Cost of Renting in New York. The high cost of living in NYC starts with its crazy housing market. According to a March 2019 report from Apartment List, the median rent for a two bedroom apartment is $2,499 in New York city. Studio and one bedroom apartments come in at $1,889 and $2,098 a month , respectively.

Who pays the broker fee when renting in NYC?

Rental broker fees in NYC are usually paid by tenants instead of landlords . This is the opposite of what happens in the rest of the country, whereby landlords normally pay rental broker commissions. With that said, not all rentals in NYC have broker fees.

What is the average rental broker fee in NYC?

The typical rental broker fee in NYC is either one month rent or 15% of the annual rent. The exact rental broker fee varies by listing in NYC based on the commission agreement negotiated between the landlord and the rental broker.

Categories: Contributing