Comments on: 2 things you need to qualify for a New York City apartment https://blog.openigloo.com/2-things-you-need-to-qualify-for-a-new-york-city-apartment/ As median rents in NYC continue to rise, renters are left weighing the costs of moving or renewing. For the past few months, New Yorkers (especially in Manhattan) have experienced record lease renewals – sometimes upward of 50%. In June, rent increases on lease renewals for market-rate apartments averaged 13.8%. While 50%+ increases are slowing down, rent increases on renewals are still triple what they were during the same period last year.<br>Renters have been sharing details of their rental experiences and their renewals on openigloo. Many renters have reached out to us asking whether they should move or renew. Our advice is to research the rent prices in their neighborhood and see what others are quoted. For example, in Brooklyn the average June renewal was anincrease of 11%. This figure can act as a benchmark for those negotiating their rents. For those that decide to move, we encourage renters to research their prospective landlords to see what kind of rent increases they can expect to see. Mon, 27 Oct 2025 11:47:49 +0000 hourly 1 By: How Much Money Do You Need to Rent in New York City? | openigloo https://blog.openigloo.com/2-things-you-need-to-qualify-for-a-new-york-city-apartment/comment-page-1/#comment-430 Mon, 08 Jan 2024 23:43:10 +0000 https://blog.openigloo.com/?p=1906#comment-430 […] NYC, most landlords will require you to make at least 40x the rent to be eligible for the apartment. For example, if the rent is $2,000 per month, your annual salary needs to be […]

]]> By: 3 Tips For Finding NYC Apartments in Advance | openigloo https://blog.openigloo.com/2-things-you-need-to-qualify-for-a-new-york-city-apartment/comment-page-1/#comment-330 Wed, 09 Aug 2023 14:08:48 +0000 https://blog.openigloo.com/?p=1906#comment-330 […] you need a new apartment in New York City. Maybe you know 100% you’re not renewing your lease. Or you just got a job in […]

]]> By: 2 Email Templates To Get Replies From NYC Real-Estate Agents | openigloo https://blog.openigloo.com/2-things-you-need-to-qualify-for-a-new-york-city-apartment/comment-page-1/#comment-303 Thu, 29 Jun 2023 21:12:05 +0000 https://blog.openigloo.com/?p=1906#comment-303 […] they think are serious. Agents will want to know who you are, when your move-in date is, what your financial profile looks like and how many occupants you’re applying with. Most agents will not agree to show you an […]

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