Glyn Ramsay. Home Design. January 15th , 2018.
Next, determine what you can afford, landlords make this part easy because to qualify for most apartments in the Big Apple, you need to have a good credit standing (650 or above), earn a yearly household income of 40-50 times your monthly rent and if you dont, then you need a guarantor. He or she needs to earn 80-100 times the monthly rent. For example the average one bedroom apartment in East Village is about $2,300 -$2,600 per month; you will need annual household income of $92,000 to qualify and a guarantor, would need a yearly income of $184,000 minimum.
Be realistic about what you can afford. Most apartment renting guides suggest that your rent should not be more than 25% to 30% of your income. This can vary depending on the income bracket, but be sure to be "real world" when budgeting additional apartment expenses such as heating and air conditioning and other utilities. If you fall short of affording the apartment of your choice, you might consider sharing an apartment with a roommate or roommates. Keep in mind that living with roommates can help you afford an upscale apartment or even, in some cases, luxury apartments, but it also has extreme restrictions to your privacy.
As I approached the entrance of the first community on my list, I couldnt help feeling the sense of accomplishment I imagined Magellan had felt after circumnavigating the globe, albeit on a much, much smaller scale. However, I realized my celebration was pre-mature as I sat in my car outside the propertys heavy metal gates trying to guess the magic words that would get me inside. I followed the instructions posted on the gates sophisticated telephone directory system, but was denied access just the same. I ultimately ended up sneaking in behind a resident entering with an electronic key card. I learned during subsequent visits to these so-called secured, gated communities that sneaking in was part of the normal routine, which explains why none of the representatives I met at the various leasing offices I visited ever wondered how I got in without their assistance.