Help/Landlord FAQ's


What is the New York City rental market like?

When would be the best time to start my rental search?

What should I bring when I visit rentals?

What application fees should I expect to pay?

What money will I need to put down when I want to rent a place?

Do I need to pay extra for my pet?

If I view an apartment but am not sure if I want it, what should I do?

How much do I need to make to rent an apartment?

I always get an answering machine when I call the managers, is this normal?



Q: What is the New York City rental market like?
The New York City Rentals market is diverse in its offerings. Most would agree that there is something for everyone however space comes at a premium. The market is extremely fast paced, so be prepared to act quickly and decisively when apartment hunting.
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Q: When would be the best time to start my rental search?
A search for apartment rentals should start as soon as you know that you want to move to the city. This allows you time to familiarize yourself with the area. However, given the cost of rentals in NYC, you would be wise to look for and rent an apartment as close to your planned move-in date as possible.
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Q: What should I bring when I visit rentals?
When visiting rentals bring a notebook, camera and any paperwork and identifying documents required by the listing agent, your real estate agent or property manager.
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Q: What application fees should I expect to pay?
Apartment rentals in New York City are subject to various fees. With a careful search, you may be able to secure a rental without a fee. Please know it is against the law for landlords or their agents to charge a fee simply for renting an apartment.
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Q: What money will I need to put down when I want to rent a place?
A standard security deposit of one month’s rent is common along with first month’s rent.
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Q: Do I need to pay extra for my pet?
This all depends on the building. In some buildings, pets are not allowed at all. Others have quotas. Typically, dog owners will have a harder time finding apartment rentals versus a cat-owning counterpart.
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Q: If I view an apartment but am not sure if I want it, what should I do?
Take the time to think about the rental you visited and if it fits into your requirements. You can ask your agent for time to consider the rental, but they are not obligated to hold the property for you. Be prepared to act quickly in the New York City apartment rental market.
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Q: How much do I need to make to rent an apartment?
Depending on the apartment and neighborhood, you can roughly estimate 25 – 40 times your monthly income.
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Q: I always get an answering machine when I call the managers, is this normal?
This all depends on the individual property manager. Some managers have responsibility for multiple buildings and are stretched a bit thin in their duties. If you are interested in a specific rental, continue to leave messages however, be prepared to move on if you fail to get the requested call back.
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