How to find an affordable home in NYC?

You might think that is very hard to find an affordable home in NYC. Maybe, you think it is even impossible. But, you want to hear the tales of people who found a truly affordable apartment in NYC.

When you are moving to New York, you need to believe that it is possible to find great New York budget home in a prime location. Majority of New Yorkers had the nightmare of finding affordable apartments in NYC. So, everyone can say that if you can find an affordable home in NYC with roommates who are nice, it means you are very lucky.

Finding an NYC home can be much easier with our list of tips for finding an affordable home in NYC.  

find great New York budget home in a prime location.
If you want to find an affordable home in NYC – avoid paying a broker’s fee.

Make direct contact

If you want to find an affordable home in NYC, the easiest way to do it is to avoid paying a broker’s fee. You should look for buildings with apartments for rent directly on site. In this way, you can negotiate directly with the landlord and skip a real-estate agent fee.

Where to look?

In New York City there are many affordable NYC neighborhoods where you can look for an affordable home.

Also, if you want to find an affordable home in NYC, you should look for areas near train lines, highways, or bridge and tunnel entrances. These areas can be more affordable than those even one or two blocks away. So, you should know your moving budget and NYC moving cost before you decide which neighborhood you want to live.

How to find an affordable home in NYC? Wait until winter.

Our biggest suggestion for finding an affordable apartment in New York City? Go in the offseason! Nearly all types of homes are cheaper in the off-season simply because the demand for rooms is much less. So, you should try to find an affordable home in NYC in winter months.

Fewer people are moving in the winter, so the landlords are ready to deal. Many leases turn over during the summer. So the inventory and prices are high, but also a number of people looking increases dramatically. That’s way, the best time of year to find an affordable home in NYC in winter.

Find a low-key neighborhood

If you want to find an affordable home in NYC, it is not a bad idea to check the neighborhoods that are never mentioned in the real estate section of The New York Times. Also, you can look for industrial areas where there are no Internet cafes or health-food markets. For example, living in Brooklyn can be a good idea, same as moving to Queens, or you can consider moving to East Village for college.

the best time of year to find an affordable home in NYC is winter.
Try to find an affordable home in NYC in winter months

Watch for extra costs

You should pay attention to extra costs. Landlords pay heating costs but electricity may come out of your pocket. Also, check for older bills for electricity so you do not pay yours and other extra costs.

Word-of-Mouth is a good way to find an affordable home in NYC

For those who want to avoid broker’s fees, it is a good way to find an affordable home in NYC by word-of-mouth. This means you can find your NYC apartment on a budget mostly from friends, relatives, and co-workers. If you’re looking for an affordable apartment in NYC, make sure everyone you know knows that you’re looking.

Walking Around

A small number of movers or New Yorkers find their apartment when they see a “For Rent” sign. So, you should walk around the neighborhood you want to live in and look around.

Tip: Save yourself time and stop looking for a studio

Finding an affordable studio apartment in NYC is extremely difficult, maybe even impossible. Studios can bring you many problems with the size of a closet or even you won’t have your own bathroom. So, if you have roommates to share an apartment with, you really open up your options and start looking for bigger space than a studio.

Join Facebook housing groups

This is a great tip for finding an affordable home in NYC because in Facebook housing groups people post apartment listings. This makes searching for an apartment more personal since you can check out the lister’s social media profile. Just look for “apartments” “listings” or “housing” with the name of city – NYC, and you will find a bunch of groups. Request to join them. Maybe, in this way, you will find your home in NYC.

Affordable housing in NYC is often offered through waiting lists or application lotteries.
For an affordable home in NYC check Facebook housing groups

Finding an Apartment in Same Building

Many movers find their apartments in the same building in which they already live. So, try to do it. You should talk to neighbors, doormen, and landlords to see if another apartment is available in the same building.

Going on Waiting Lists – apply for the NYC affordable housing lottery

Affordable housing in NYC is often offered through waiting lists or application lotteries. So, if you have time before you move you should put your name on waiting lists and fill out applications for affordable housing through the NYC Department of Housing Preservation & Development (HPD), the New York City Housing Development Corporation (HDC), or the NYC Housing Authority (NYCHA).

Applying for the NYC affordable housing lottery takes persistence. You should have in mind that you can spend years on a waiting list before your application is considered.

You should learn how to apply for affordable housing in New York City, view current and upcoming housing opportunities, and complete an application for your household.

Don’t make impulse buys

Looking for an affordable home in NYC is very stressful. Remember to take your time and relax. You should make your search less stressful as much as you can. You have to be sure in your decision before you hire NYC moversWhen you see an apartment, walk around the neighborhood. Ask yourself: Do you like it? Could you see yourself living there? Don’t rent an apartment in NYC in the panic.

If you want to live in a neighborhood that you can’t afford, one easy way to find an affordable home in NYC is to look in nearby neighborhoods that are less desirable but offer apartments with smaller rents.