Steps to Rent a NYC Apartment:

Step 1

Get your income verification documents ready. Refer below to "Qualifying to Rent an Apartment" for more information.

Step 2

Figure out budget, where you want to live and go on websites like streeteasy.com OR partner with brokers like ourselves. Click here for help!

Step 3

Tour units and apply to your dream apartment! One of the many benefits of working with a broker can be the guidance you will recieve throughout the application process.

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Qualifying to Rent an Apartment

The 40x Rule
Earn 40 times the monthly rent in annual income. For a $3,000 apartment, you need an annual income of $120,000.

Required Documents for W-2 Employees:

• Two recent bank statements

• Two recent paystubs

• Employment letter/offer letter

• Photo ID

Required Documents for Self-Employed Individuals:

• Two bank statements

• Two recent tax returns

• CPA letter confirming income

• Photo ID

Using a Guarantor
Guarantors must earn 80 times the monthly rent. For a $3,000 apartment, they need an annual income of $240,000.

No Income, Credit, or Guarantor?
Use third-party services like TheGuarantors.com to secure your lease. Fees vary based on your financial situation.