Understanding net effective rent: Here's how to calculate your real monthly rent

When you search New York City rental listings you may see the term net effective rent or a … amount called the gross rent This can make it difficult to figure out how much money youll be handing over to the landlord each month When landlords offer concessions like a month or two …

By Jennifer White Karp |March 26, 2025 - 4:00PM
The best way to find a rental in NYC: 15 tips for apartment hunters

… fee heres a list of the best websites to find a nofee rental … 2 Know what you want and ask lots of questions … … volunteer information about any  concessions these are freebies like a free month or two or free access to building … asked for best and final offers when there are multiple applications Not all landlords will take the applicant …

By Jennifer White Karp |February 3, 2025 - 10:45AM
NYC neighborhoods with the highest shares of concessions for renters

… Concessions can make renting temporarily more affordable if you know how to find a landlord or developer who is offering them Just … broker fees or the owner paying the rent typically one month but sometimes more Were seeing rent concessions range …

By Jennifer White Karp |January 15, 2025 - 2:30PM
The question everyone's asking: When will NYC rents go down?

… go to the highest bidder Hunting for a New York City rental is an exquisite form of agony these days  A year ago bidding … salary is less than 40 to 45 times the monthly rent Thats why smart renters prequalify themselves by lining up a … now  Rising mortgage rates are making it more expensive to buy and slowing down the sales market as a …

By Emily Myers |August 23, 2022 - 9:30AM
5 NYC apartments with central air under $3,000 a month

… If youre looking for a new apartment in New York City this summer you might want a place with central air to stay cool during future heat wavesand to avoid dealing with clunky window air conditioners  When it comes to finding an apartment with …

By Austin Havens-Bowen |July 20, 2022 - 12:30PM