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No Fee Apartments for Rent in New York, NY

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8,040 Results
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95 Wall Street, Apt 1522
Financial District, Downtown Manhattan, Manhattan
10005
$6,185
No Fee
By Owner
By 95 Wall, 1 hour ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
947 Sqft
Check Availability
95 Wall Street, Apt 2302
Financial District, Downtown Manhattan, Manhattan
10005
$3,663
No Fee
By Owner
By 95 Wall, 1 hour ago
bedrooms
Studio
|
bathrooms
1 Bath
|
square feet
444 Sqft
Check Availability
120 W. 21st, Apt 219
Chelsea, Midtown Manhattan, Manhattan
10011
$4,191
No Fee
By Owner
By 21 Chelsea, 1 hour ago
bedrooms
Studio
|
bathrooms
1 Bath
|
square feet
410 Sqft
Check Availability
808 Columbus Ave, Apt PH3F
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$10,286
No Fee
By Owner
By Columbus Square, 1 hour ago
bedrooms
2 Bed
|
bathrooms
2 Bath
|
square feet
1,213 Sqft
Check Availability
801 Amsterdam Avenue, Apt 05A
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$4,760
No Fee
By Columbus Square, 1 hour ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
669 Sqft
Check Availability
120 W. 21st, Apt 618
Chelsea, Midtown Manhattan, Manhattan
10011
$4,271
No Fee
By Owner
By 21 Chelsea, 1 hour ago
bedrooms
Studio
|
bathrooms
1 Bath
|
square feet
449 Sqft
Check Availability
10 Hanover Square, Apt 05R
Financial District, Downtown Manhattan, Manhattan
10005
$4,095
No Fee
By Owner
By 10 Hanover Square, 2 hours ago
bedrooms
Studio
|
bathrooms
1 Bath
|
square feet
560 Sqft
Check Availability
10 Hanover Square, Apt 10W
Financial District, Downtown Manhattan, Manhattan
10005
$4,811
No Fee
By Owner
By 10 Hanover Square, 2 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
851 Sqft
Check Availability
775 Columbus Avenue, Apt PHA
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$5,001
No Fee
By Columbus Square, 2 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
636 Sqft
Check Availability
808 Columbus Ave, Apt 08J
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$5,139
No Fee
By Owner
By Columbus Square, 2 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
634 Sqft
Check Availability
808 Columbus Ave, Apt 17F
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$5,368
No Fee
By Owner
By Columbus Square, 2 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
652 Sqft
Check Availability
808 Columbus Ave, Apt 20H
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
10025
$8,072
No Fee
By Owner
By Columbus Square, 2 hours ago
bedrooms
2 Bed
|
bathrooms
2 Bath
|
square feet
1,013 Sqft
Check Availability
120 W. 21st, Apt 204
Chelsea, Midtown Manhattan, Manhattan
10011
$6,150
No Fee
By Owner
By 21 Chelsea, 2 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
670 Sqft
Check Availability
10 Hanover Square, Apt 11A
Financial District, Downtown Manhattan, Manhattan
10005
$6,989
No Fee
By Owner
By 10 Hanover Square, 2 hours ago
bedrooms
2 Bed
|
bathrooms
2 Bath
|
square feet
1,296 Sqft
Check Availability
120 W. 21st, Apt 203
Chelsea, Midtown Manhattan, Manhattan
10011
$5,394
No Fee
By Owner
By 21 Chelsea, 2 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
|
square feet
607 Sqft
Check Availability
Spruce Street
Financial District, Downtown Manhattan, Manhattan
10038
$5,665
By Joseph Hernandez, 20 hours ago
bedrooms
1 Bed
|
bathrooms
1 Bath
Check Availability
Maiden Lane
Financial District, Downtown Manhattan, Manhattan
10038
$5,650
By Rodney Nunez, 1 day ago
bedrooms
1 Bed / Flex 3
|
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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