To all the current analysts who have been through the housing search; when is generally a good time to start looking for housing in NYC? I'll be starting in July and have heard several conflicting theories about the best time to start the search. Also, any suggestions for the mid-town area? Thanks in advance.
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Apartments available for July move-in won't be listed until June, late-May at the earliest
i'm a senior, but agents I've talked with say the same as blah123
nyc, go 5-6 weeks before occupancy. this will show the people who's leases expire coming into your month. have a firm budget and shop around. you'll be able to come back 2-3 weeks before to see who just gave notice to terminate early.
I've heard the same thing... then what happens if we take a vacation out of the country during June after graduation? Would we be screwed for housing?
You want the leases to be ending at the end of the month so you can start yours at the right time. Apartments move on and off the market very quickly, so something you look at now will NOT be around for the summer.
After some research on this topic lately, I'd sum up what I heard from people. No good news for me though. Pls correct me if I'm wrong.
Landlords will raise price quickly as soon as demand rises through May, and there's pretty much nothing we can do about it.
Salary >= 40-50x monthly rent. I thought about $1700/mo at first, b/c that's roughly 70k(including signing bonus) devided by 40, ie what I can "afford" by myself. But now I can only expect $2000+ for a doorman building in midtown, and have no idea who could be my guarantor. I do have enough savings for a whole year's rent in my bank account, but neither of my parents lives in US. Ideas?
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