If you're ready to move to New York City, there are a few things to know when renting an apartment. The process can be a bit stressful and confusing, but having a handle on these items ahead of time can ease the process and calm your nerves. Here are some need-to-know tips for apartment renting in NYC that could make or break your deal.
You should have a rough idea of the amount you're willing to shell out each month for your rent. Most landlords and agents request proof that your annual income is 40 times more than the cost of rent. If you need a co-signer for your lease, they will need to show that their annual salary is 80 times more. Know the maximum rent you would consider and what you absolutely can't afford to go over without putting your financial responsibilities in danger.
Roommates are fun! They make long days a little less lonely and can help you out in financial crises. However, it can be challenging to make sure you've got a trustworthy or loyal one. Even if your roommate is an old-time friend, it's a good idea to set up a "roommate contract." Outline the rules of the apartment and the responsibilities for covering the apartment's security deposit and rent to make sure everyone has signed proof that they are accountable.
Feel safe and confident to ask your trusted agent or the representative about every fee or expenditure involved in the transaction. New York has many types of buildings, and the requirements may greatly vary between each other. In many cases, Landlords are willing to offer perks when renting in their building. Often times, These incentives can come in the form of a free gym membership, a free months rent or waived fees - Don't be afraid to ask!
One of the best apartment hunting tips is to do your research ahead of time. So much agent marketing happens online and on-the-go these days. Unfortunately, thanks to editing programs, it might be possible that what you see on a website is altered or set up a specific way to purposefully look better than the real thing.
With an iOS app like Replay Listings, you have access to 60-second unedited and original videos of the apartment rentals you're looking at. Because the video is shot within the app, there is no room for manipulation or editing — what you see is what you get. Unlike other sites, you'll be confident about going to a showing of the apartment and trusting you'll already know the space you're seeing.
A crucial thing to know when renting an apartment in NYC is that listings go fast. Have your questions ready and come prepared to the apartment showing with: forms of identification, bank statements, pay stubs, tax returns, and quick access to your money to make the deposit. Happy apartment hunting!
The game changes dramatically once you download and use our Replay Listings app to find your new one bedroom apartment. Instead of using photos that can easily be edited to blur out unwanted marks or completely remove items out of the image, we rely on walk-through videos. This allows you to see the entirety of the apartment, unedited and non-manipulated.
Your search begins with our filter page. Choose your areas of interest, whether that's the Upper East Side, Gramercy or near Hell's Kitchen, the number of bedrooms you're looking for and your price range — our listings start at $1,500. Your results will line up, and you're ready to take a virtual walk-through. When you find your dream spot, you can choose to call or text the agent directly, securing your next home.
All of our apartment videos are original content and shot in-app daily. Download our app from the App Store today and begin your stress-free apartment hunt in New York City!