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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.

Table of Contents

    Top Neighborhoods for No-Fee Apartments

    Brooklyn Rentals Under $3,000 on StreetEasy Article continues below

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

    Manhattan Rentals Under $3,000 on StreetEasy Article continues below

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

    Queens Rentals Under $3,000 on StreetEasy Article continues below

    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.

    Bronx Rentals Under $3,000 on StreetEasy Article continues below

    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:

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

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