Just about every college graduate has the dream of moving to New York and living the big life. Most of them even dream of the day they can even afford to begin their search for apartments for sale in the West Village of NYC. However, many college students, and many other future tenants, hesitate beginning their search due to the financial myth of an expensive New York apartment that lingers in their mind. These same people probably wonder where to even begin their search. Here are some tips on how to find your first New York apartment without breaking the bank.
Start Your Search Early
If you are looking for different places in the West Village, for instance, you are going to want to start your search as early as possible. There are a number of real estate sites such as Rent Hop and City Reality that can give you an idea of what your options are. It is recommended that you begin your search about 1-2 months before your move. This gives you plenty of time to compare prices and amenities. Landlords typically know their future apartment inventory about 30-40 days before they are vacant. Which means some of the nicest apartments in New York are rapidly opening up.
Know Your Budget
It is a known fact that you should never spend more than 30% of your income on rent. If you are just graduating from college, this can be truly challenging. Many landlords in New York are picky about credit score and income requirements. Call around and check with different landlords and companies to see if you will be able to afford your dream apartment. Ask them what their requirements are and find out whether or not you will be required to pay any money upfront.
Last Minute Tips
If you cannot find an apartment within your budget, get a roommate to help cut the costs. If you want to live the high life in New York City you can expect to pay the price for it. But it is essential that you make sure you are getting the most for your money. You don’t want to find yourself spending $2,500 a month on a studio with structural damage. Do your research and make sure you find the right apartment for you. There are always people out there who can help you find your dream home.
If you are looking for apartments for sale in the West Village in NYC, then the Shephard on 275 West 10th St. may be the place you are looking for. Visit their website for details.