Close X

How to Rent

A New York City Apartment

STEP 1: Work with a broker, or do it yourself?

When to work with a rental agent

See All Steps »

If you don't have time to do the legwork yourself, consider working with a real estate broker.

Other reasons to work with an agent:  You're new to New York, you can't find what you want on your own, your employer is paying your broker's fee, your personal circumstances (such as employment status or credit history or ownership of a large dog) necessitate finding a landlord with more relaxed requirements, and/or you plan to live in your place for more than a year (i.e, though you'll still have to pay the entire broker's fee up front, you can mentally and emotionally amortize it over a longer period of time).

Expect to pay your broker a fee that could range from one month’s rent to 15% of the annual rent (a little less than two month’s rent). You will need to discuss the exact amount with your agent and get it in writing before you start your search.

Bear in mind that the quality of NYC rental agents is notoriously uneven. The agents you want to avoid--and there are many--tend to attract clients through the "bait and switch" technique of listing a too-good-to-be-true apartment that isn't actually available for rent.  


Pro Tip:

Instead of finding an agent through a listing (roulette, anyone?), place yourself into the capable hands of the agents at Triplemint. A technology-enabled brokerage founded by a pair of Yale grads in response to the frustrating rental experiences of their classmates and colleagues, Triplemint's rental experts can quickly direct you to luxury rental buildings offering the most valuable concessions, apartments near swift and dependable transportation, pet-friendly or roommate-friendly buildings that will let you subdivide your space with a temporary wall, and landlords who may be flexible with guarantors, full-time students, international renters with no U.S. credit history, recent grads with a good job but no work history, or retirees with money but no job. Bonus:  Sign up here to take advantage of Triplemint's corporate relocation rate of 10% of a year's rent on open listings versus the typical 12-15%.