NYC landlords want tenants who earn 40 times the monthly rent. Here are 7 workarounds

… credit For example if you and any roommates want to rent an apartment for $3000 you would need to earn north of … for some negotiation  For example the owner of a one bedroom in BedStuy tells Brick Underground that a renter … is a common solutionoften three or four people share a twobedroom apartment  Sometimes the renters with the best …

By Jennifer White Karp |July 31, 2025 - 9:30AM
First step in buying an apartment: Get your credit score up

… Think youre ready this year to go to the mat and finally buy an apartment in New York City Your first order of business is to make sure … Your credit scores are updated on a monthly basis so it could take a while to get the inconsistencies worked out  … …

By Celia Young |March 26, 2024 - 9:30AM
A landlord wants to see six month's rent in my savings account. Is this normal?

… say A landlord can set reasonable financial requirements to rent an apartment as long as they are not engaged in illegal … you earn an annual salary of 40 to 50 times the monthly rent and that youve been at your job for at least a year … out lines of credit he says In that case a landlord might ask for a guarantor or be reassured by a healthy balance in …

By Teri Karush Rogers |October 31, 2022 - 9:30AM