Top Neighborhoods to Score a No-Fee Apartment Right Now

No-fee apartments are highly coveted among New York renters, with the promise of lower upfront costs creating less of a barrier for those looking to move. On average, more than half of StreetEasy’s rental listings are marked as “no fee,” though the share of no-fee listings fluctuates depending on the time of year. StreetEasy data shows that renters are least likely to find a no-fee apartment in June and July, when no-fee apartments comprise on average 50% of all listings. Meanwhile, renters are most likely to find a no-fee apartment in December and January, when close to 60% of listings advertise no-fee.

Though renters are more likely to pay a broker fee during the summer months, it’s still possible to find a no-fee apartment year-round. Likelihood of paying a broker fee also varies across neighborhoods and boroughs, with Brooklyn being the top borough to find a no-fee apartment. 

We’ve identified the neighborhoods with the highest share of no-fee listings, where renters are least likely to pay a broker fee.

Top Neighborhoods for No-Fee Apartments

Top Neighborhoods for No-Fee Apartments <$3,000

Top Neighborhoods for No-Fee Apartments $3,000+

What Is a Broker Fee?

Moving costs can look a little different in New York City. On top of the standard application fees (legally limited to $20 maximum), security deposit (legally limited to one month’s rent), and first month’s rent, New York renters may be charged a broker fee as well. This fee is a commission the broker earns for completing a transaction in which they successfully match a renter with an apartment. A renter will almost always pay a broker fee when they hire the broker to help them find an apartment. However, a renter may also have to pay a broker fee when the landlord hires the broker, as landlords are not required to cover this cost and may choose to charge the fee to the renter instead.

Broker fees usually range anywhere from one month’s rent to 15% of the annual rent, and the amount can vary from brokerage to brokerage and apartment to apartment. But this fee isn’t a given, and on average less than half of StreetEasy rental listings charge one. You can read more about broker fees here.

How to Find a No-Fee Apartment in NYC

You’re probably wondering how to find a no-fee apartment. Here are a few options:

• Use the no-fee apartment filter on StreetEasy: You can easily check the “No Fee Only” box during your StreetEasy search to yield only no-fee apartment options.
• Look for listings by owner or by building management companies: When owners and building management companies list apartments themselves, that means there’s no broker involved, and therefore no broker fee. You’ll see the information about who listed the apartment just below the “Request a Tour” and “Ask a Question” buttons on a StreetEasy listing.
• Set up saved searches and email notifications: No-fee apartments are popular, so they often go fast. To ensure you’re seeing the most recent no-fee apartments as soon as they’re listed, create a saved search on StreetEasy with the parameters you’re looking for (make sure to check that no-fee box!) and sign up for notifications to get the latest listings sent directly to your email. When you see an apartment you like, reach out and ask for a tour ASAP. The earliest bird often gets the worm!

^{Disclaimer: The information provided is intended for informational purposes only and intended to reflect a snapshot in time.}