First Time Experience of Renting NYC Apartments – Part I

First Time Experience of Renting NYC Apartments Part I

New York City is the perfect place for fresh graduates to seek their dream jobs. Many students move to New York City to start their carrier and to live their life as they wish to and also enjoy all the comforts and freedom of this city. But many people are in delusion that finding NYC Apartments is a piece of cake, it is very easy to obtain a rental place without any effort. They are absolutely wrong, the most difficult part of moving to New York City is finding perfect rental New York City Apartments.

The first surprise they will face is the high rental prices. Many fresh graduates prefer the most famous Manhattan Community to pursue their dreams because of its posh and stylish way of living. But this is the main reason that the NYC Apartments rents are very high, a studio costs around $2,200 and if other facilities and security charges added to it than it may costs you around $3,500.

Many fresh graduates do not have any idea about these high prices and their budget limit may be expanded because of high rental prices and for new people who are seeking a living place has to face many more surprises apart from high rental prices. In addition to high rental price some owner asks the tenant have to show them proof of their paystubs, they expect their tenant to earn 30 times more than their monthly rental payment, which means if the rent is around 2,200 than they need to earn around $60,000 to 70,000 per year. But all the fresh graduates can't get $ 60,000 when they joined. They usually get around $30,000 to $40,000 per year so that means they are not eligible to rent the NYC Apartments as per the owner's conditions. If you are not earning as per the requirements of the owner, than they ask for guarantor to give you their apartment for rent. The guarantor needs to earn 60-70 times more than tenant.

If these surprises are not enough for the fresher's, than have some more, some landlords ask for safety deposit and first - last month's rent. A forthcoming first rent can go high as 10,000$. The renters who are renting NYC Apartment for the first may face this kind of experiences while looking for a decent place to live in this beautiful New York City.

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