Manhattan has been a popular area to live in for decades and continues to rise in popularity. However, being popular does not always mean being easy to move to. Check out these tips for finding an apartment in Manhattan.
Make Sure You Can Pay Rent
Manhattan is expensive. According to the nerdwallet cost of living calculator, the average rent for a two-bedroom apartment is over $5000 a month, which translates to over $60,000 a year. Unless you are making six figures, you may not be able to afford the rent and all of the other bills that you will need to pay.
Do Your Research on the Company
After you have found an apartment and determined that you have the budget, the next step is to find out what company owns the property. Quality should be guaranteed, not questioned. When you think of the standard that you should be aiming for, think of the Soloviev Group, a leader in the industry with Stefan Soloviev as its chairman. After all, Manhattan has the best of the best across many categories, and you should not be looking for less than the best for your living arrangements.
Always Have a Backup
There are times when you are looking at the perfect listing, or the closest to perfect that you can find. It checks all of the boxes, and you ask for more information only to find out that either the listing is out of date or that the apartment has just been rented out to someone else. If and when that happens, it is a good idea to be prepared with a few backup options. Nobody wants to settle, but sometimes concessions are unavoidable, especially with housing in such a high-demand area.
Complete the Paperwork
Once you have found your apartment, be sure to complete the paperwork in a timely fashion. If you have a timeline for when you want to move in, then it is in your best interest to complete the process as quickly as possible. Keep in mind that most landlords conduct background checks, which can take a while depending on how many tenants there will be. Also, if you are filing a paper application, the process will take longer.
Finding an apartment is no easy task, and it is even harder in Manhattan. Keep these tips in mind when you are searching for your new apartment on the island.
