New York City apartments largely move on reputation

  • New York, while still supply-constrained and expensive for renters, has a special allure.
  • A new AppFolio national survey showed that technology helps move units, but word-of-mouth and old-fashioned cachet still helps.
  • In constrained markets, many renters are paying half of their income in monthly rent.

While the Big Apple’s lure is everlasting, the methods for finding and leasing an apartment there are ever-changing. The shifting landscape includes not only new technology to find units and rent them instantaneously, but also opinions about what makes for a good rental arrangement and how to afford it.

And, occasionally, your Friends can help you find a great place to live.

The shifting landscape includes not only new technology to find units and rent them instantaneously, but also opinions about what makes for a good rental arrangement, and how to afford it.