NYC Renting Tips: Guide to Renting a Space in the Big Apple

Are you looking to move to an apartment in the Big Apple? Sure, there are lots of stylish and high-end apartments in New York, but all of them comes with a price. Since apartment hunting can become a daunting task, here are NYC renting tips that can help make the process smooth and easy for you:

Transportation

One of the factors that you need to consider in picking an apartment in NY is the accessibility of transportation. Check if your place is a walking distance to the train station. If it is, do you need to walk longer than 10 minutes? Consider this before selecting an apartment, according to NY Curbed.

Rent

Obviously, you need to consider the price first and foremost. Rental fee eats up a big part of your salary. As a general rule, it's rare to find a single apartment in NY under $1,000. Usually, you'll need a roommate to split the cost. If you want to go solo, be ready for the huge apartment rent. If you can afford it, you can check apartments in the district, which is also near bus or train stations.

Convenience

When looking for an apartment in the Big Apple, always consider your convenience. One of the wise NYC renting tips is to search for a place near the shopping malls, market, bars, restaurants and even your work.

Rental Agent

Are you going to look for an apartment through a rental agent? There are several scrupulous agents out there that offer properties in NYC that do not even exist. Some apartments are even too good to be true. One of the NYC renting tips that you must always remember is to don't rely on agents. You can refer to your office mates or friends for referrals, says Brick Underground.

Spot the difference between a co-op, sublet and rental

As renters, you will have to equip yourself with a few terms to understand what's going on in your place. According to Lifestyle All Women Talk, you must know the difference of an apartment, a sublet and a coop. A coop is a housing cooperative where a corporation owns a building. People can buy the apartments and live or rent it out to other people. A sublet is a person who had already signed a lease agreement but can rent out their space to others. An apartment is rented for a time from a landlord.