I am a student. Can I rent an apartment in NYC?
Short answer: Yes! Renting an apartment in New York is a giant puzzle with many challenges, especially for students. As you explore neighborhoods and visit a few buildings, you may encounter that finding an apartment you can afford is only half the problem. Even if you plan to share with other students or get help from your parents, you still need to meet all the landlord’s requirements, which can be tricky if you don't have an income.
What does a student need in order to rent in New York?
Landlords will ask for some financial paperwork before accepting an application. If the applicant is a student, the student will almost always need a guarantor to co-sign their lease. A guarantor is someone who the landlord considers to be financially capable of covering both their personal living expenses as well as the applicant's rent, if need be. As a general rule, this means an income of around 80 times the monthly rent of the applicant. You could ask your parents or friends of the family that live in the Tri-State area to be your guarantor.
What if my parents can’t be my guarantor?
If you and/or your roommates do not have a guarantor, we can be your guarantor instead. Our rental guarantee is accepted at hundreds of buildings in New York City. All you need to do is answer a few questions and submit a few documents, and we will be able to tell you if you can get that apartment you want. Even better, if you haven’t found an apartment yet, we're happy to send you some options and help you find a place you qualify for.