NYC Rental Tips Round Up 2021
The NYC summer rental market is in full swing! Here’s a round up of my best tips for 2021!
Get My Rental Guide
If you’re new to renting, then you’ll want to download my NYC rental guide. It’s got the most extensive round up of my best NYC rental tips. You can download it here.
Select Your Neighborhood & Your Apartment Type
Figure out what kind of apartment you want and what neighborhood is right for you by checking out these blog posts:
And I also recommend checking out Localize’s address checking tool for even more neighborhood details.
Know Your Budget and the Market
Most rentals require that you make at least 40 to 45 times the monthly rent. So use this figure to understand what your budget might be. For example, if you make $100,000, then your budget would be $2500 per month ($100,000 divided by 40).
Once you have an idea of what you can afford, get in the know about the market. Search different rental listings portals (including Corcoran.com!) to see what’s available in your desired areas. This will help make sure you have realistic expectations about your search and save you from wasting time.
Avoid Common Renter Pitfalls
There are LOADS of traps for the unwary when it comes to NYC rentals. Here are some of my best tips on how to avoid them!
Rent vs Buy
Finally, if you’re trying to decide if you should keep renting or finally buy your first place, then you’ll want to check out my latest quiz to help assess your readiness.
And when you’re done taking the quiz, you can check out these posts to help you figure out if buying is right for you.
Still have more questions? Feel free to contact me!