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No Fee Apartments for Rent in New York, NY

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9,336 Results
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808 Columbus Ave, Apt 09H
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$7,292
No Fee
By Owner
By Columbus Square, 2 hours ago
bedrooms
2 Bed
|
bathrooms
2 Bath
|
square feet
1,013 Sqft
Check Availability
East 14th Street
East Village, Downtown Manhattan, Manhattan
10003
$5,450
No Fee
By Sava Nyagolov, 1 hour ago
East Village Expert
bedrooms
3 Bed
|
bathrooms
1 Bath
Check Availability
401 E 34th St, Apt S19K
Murray Hill, Midtown Manhattan, Manhattan
10016
$4,457
No Fee
By Owner
By View 34, 1 hour ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
567 Sqft
Check Availability
23-33 Astoria Boulevard, Apt 3...
Astoria, Northwestern Queens, Queens
11102
$3,734
Exclusive
No Fee
By Don Abbott, Last 30 min
Astoria Expert
bedrooms
2 Bed
|
bathrooms
1 Bath
|
square feet
700 Sqft
Check Availability
10 Hanover Square, Apt 14P
Financial District, Downtown Manhattan, Manhattan
10005
$3,685
No Fee
By Owner
By 10 Hanover Square, 2 hours ago
bedrooms
Studio
|
bathrooms
1 Bath
|
square feet
557 Sqft
Check Availability
26th St & 2nd Avenue
Kips Bay, Midtown Manhattan, Manhattan
10016
$6,197
No Fee
By Yordan Bobchev, Last hour
Kips Bay Expert
bedrooms
3 Bed
|
bathrooms
1.5 Bath
|
square feet
1,000 Sqft
Check Availability
594 Amsterdam Avenue, Apt 3A
Upper West Side, Upper Manhattan, Manhattan
10024
$4,996
No Fee
By James Brennan, 2 hours ago
bedrooms
4 Bed
|
bathrooms
1 Bath
Check Availability
395 Leonard Street, Apt 529
Williamsburg, Northern Brooklyn, Brooklyn
11211
$3,424
No Fee
By Owner
By Leonard Pointe, 1 hour ago
bedrooms
Studio
|
bathrooms
1 Bath
|
square feet
445 Sqft
Check Availability
147-24 28th Avenue, Apt 1FL
Flushing, Northeastern Queens, Queens
11354
$2,700
No Fee
By Owner
By Peter Giamos, Last hour
bedrooms
2 Bed
|
bathrooms
1 Bath
Check Availability
304 Evergreen Avenue, Apt 3R
Bushwick, Northern Brooklyn, Brooklyn
11221
$3,200
Exclusive
No Fee
By Dini , Last 30 min
Bushwick Expert
bedrooms
2 Bed
|
bathrooms
2 Bath
Check Availability
395 Leonard Street, Apt 603
Williamsburg, Northern Brooklyn, Brooklyn
11211
$4,495
No Fee
By Owner
By Leonard Pointe, 1 hour ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
632 Sqft
Check Availability
10 Hanover Square, Apt 22H
Financial District, Downtown Manhattan, Manhattan
10005
$4,738
No Fee
By Owner
By 10 Hanover Square, 1 hour ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
665 Sqft
Check Availability
120 W. 21st, Apt 711
Chelsea, Midtown Manhattan, Manhattan
10011
$5,596
No Fee
By Owner
By 21 Chelsea, 2 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
633 Sqft
Check Availability
401 E 34th St, Apt N08F
Murray Hill, Midtown Manhattan, Manhattan
10016
$4,956
No Fee
By Owner
By View 34, 1 hour ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
675 Sqft
Check Availability
441 West 51st Street, Apt 4E
Hell's Kitchen, Midtown Manhattan, Manhattan
10019
$3,600
No Fee
By James Brennan, 1 hour ago
bedrooms
2 Bed
|
bathrooms
1 Bath
Check Availability
750 Columbus Ave., Apt 2 BEDRO...
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$6,353
No Fee
By Owner
By Equity Residential, 1 day ago
bedrooms
2 Bed
|
bathrooms
2 Bath
|
square feet
1,195 Sqft
Check Availability
784 Columbus Avenue, Apt 3K
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$7,800
Exclusive
bedrooms
2 Bed
|
bathrooms
1 Bath
Check Availability
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The most comprehensive list of no fee apartments units in New York for renters.

No Fee Apartments NYC

The term "No-Fee apartments" is extremely confusing to most renters, even veterans who have lived in NYC most of their lives. A big source of the misunderstanding stems from two different types of apartments that one might advertise as having no broker fee. In the first case, a listing posted directly by the landlord generally has no fee, but ONLY if the renter finds the apartment and contacts the landlord without any assistance from a licensed real estate broker. In the second case, a landlord or property manager can offer to pay broker fees on behalf of the renter, which allows any real estate broker or salesperson to advertise the listing as no fee.

How can the same apartment be both no fee and fee depending on the person advertising or showing me the apartment?

Consumers who don't understand the nyc rental market find this paradox to be one of the most frustrating aspects of the apartment search. It is actually very possible for the same exact apartment to be no fee or fee on the same day, and the difference is who is showing you the apartment. If you are able to see the apartment directly from the landlord, usually through the leasing office, then you probably will not need to pay any additional broker fee. However, if you have a professional, licensed real estate salesperson assisting you in your search, and this agent shows you the same apartment, you are likely obligated to pay a broker fee. You will normally have signed documents agreeing to pay a fee if you rent any of the apartment that agent shows you.

Does that mean I am always better off going directly to the landlord instead of using a broker?

Absolutely not! If the landlord is paying the broker fee, many renters reason they can show up without the broker and instantly negotiate a lower rent. The thinking is, by doing a direct deal, the landlord is saving a few thousand dollars by not paying the fee, and therefore some of that savings should be passed on to the renter. In practice, landlords have more loyalty to their broker partners than to any individual renter. Real estate agents bring the landlords new clients all year long, week after week. Intelligent landlords understand they need to keep the brokers happy, and certainly not allow special deals that would alientate the industry. If a building was known to quote lower prices to direct renters than to brokers, then that same building would very quickly not receive much traffic from agents.

What does 1 Month OP mean for an apartment listing or advertisement?

One month OP means that the landlord is paynig the broker one month of rent after the renter has signed a lease and moved into the apartment. Usually, once an agent shows the apartment to a customer, submits an application, and then confirms lease signing, the agent will send an invoice to the management company with the details of the deal, asking for payment. Most landlords will remit the payment within 30-60 day to the brokerage firm, and the firm will pay the appropriate, agreed-upon commission split to the agent.

Why use brokers at all when no fee apartments exist in NYC?

The founders of RentHop originally pondered this question in 2009, which led to the creation of this website! The original plan, as reported in the NY Times article Getting the Agent Without the Fee, by Michael Grynbaum, was to eliminate the need for apartment brokers entirely. The entire story is best told by Lee Lin, quoted below, in a talk he gave to Startup Institute about his experience at Y Combinator.

When we first started RentHop, we assumed all real estate agents were these evil slimeballs that charged huge fees and barely did anything. We thought we could disrupt the entire industry by creating a website and directly connecting renters with landlords. However, one of the best pieces of advice we received during the summer at Y Combinator came from Paul Graham. He told us that if we really thought brokers were useless, then we should try being brokers for a while. So we did! Lawrence and I both flew back to New York, received our real estate licenses, and spent months meeting clients and showing apartments all day long. I lost a lot of weight, climbing all those walkups and roaming around the streets of Manhattan. That was when we realized being a broker is really hard, and that a great agent adds a ton of value. They save everyone a lot of time, visiting dozens of apartments a week only showing the top ten percent or so to customers. By the end of that year, we completely pivoted the focus of our company to matching qualified renters with the best apartment listings, whether they are posted by a landlord, management company, or broker.

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