No Fee Apartments for Rent

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Wed, Feb 21 9:00am - 7:30pm
$1,750
1BR at 691 Chauncey st
Wed, Feb 21 9:00am - 5:30pm
$2,750
2BR at 12 Ford Street
Wed, Feb 21 9:00am - 5:30pm
$2,750
3BR at 490 Lefferts Avenue
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2 Bedrooms, Alphabet City Rental in NYC for $3,295 - Photo 1
2 Bedrooms, Alphabet City Rental in NYC for $3,295 - Photo 1 2 Bedrooms, Alphabet City Rental in NYC for $3,295 - Photo 1
3 hours  |  100
226 E 3rd St, Apt 5A
Alphabet City, East Village, Downtown Manhattan, Manhattan
$3,295 2 Bed 1 Bath
By Jacob Harooni, East Village Expert
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No Fee
 
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3 Bedrooms, Central Harlem Rental in NYC for $3,400 - Photo 1
3 Bedrooms, Central Harlem Rental in NYC for $3,400 - Photo 1 3 Bedrooms, Central Harlem Rental in NYC for $3,400 - Photo 1
3 hours  |  100
297 West 112th Street, Apt 5C
Central Harlem, Upper Manhattan, Manhattan
$3,400 3 Bed 2 Bath
By Gregory Witchel
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No Fee
 
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  Elevator
4 Bedrooms, Manhattan Valley Rental in NYC for $4,457 - Photo 1
4 Bedrooms, Manhattan Valley Rental in NYC for $4,457 - Photo 1 4 Bedrooms, Manhattan Valley Rental in NYC for $4,457 - Photo 1
32 mins  |  100
Columbus Avenue
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
$4,457 4 Bed 2 Bath
By Jamie Fields
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No Fee
  Doorman · Elevator · Hardwood Floors
2 Bedrooms, Hell's Kitchen Rental in NYC for $5,000 - Photo 1
2 Bedrooms, Hell's Kitchen Rental in NYC for $5,000 - Photo 1 2 Bedrooms, Hell's Kitchen Rental in NYC for $5,000 - Photo 1
1 hour  |  100
W 43rd St
Hell's Kitchen, Midtown Manhattan, Manhattan
$5,000 2 Bed 1 Bath
By Ian Pierce, Hell's Kitchen Expert
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No Fee
  Doorman · Elevator · Hardwood Floors
2 Bedrooms, Long Island City Rental in NYC for $3,475 - Photo 1
2 Bedrooms, Long Island City Rental in NYC for $3,475 - Photo 1 2 Bedrooms, Long Island City Rental in NYC for $3,475 - Photo 1
1 hour  |  100
Purves Street
Long Island City, Northwestern Queens, Queens
$3,475 2 Bed 2 Bath
By Louis Ortiz, Long Island City Expert
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No Fee
  Doorman · Elevator · Laundry in Unit · Hardwood Floors
1 Bedroom, Central Harlem Rental in NYC for $1,700 - Photo 1
1 Bedroom, Central Harlem Rental in NYC for $1,700 - Photo 1 1 Bedroom, Central Harlem Rental in NYC for $1,700 - Photo 1
2 hours  |  100
102 W 134th St, Apt 2C
Central Harlem, Upper Manhattan, Manhattan
$1,700 1 Bed 1 Bath
By Katie Li
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No Fee
 
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4 Bedrooms, NoMad Rental in NYC for $5,900 - Photo 1
4 Bedrooms, NoMad Rental in NYC for $5,900 - Photo 1 4 Bedrooms, NoMad Rental in NYC for $5,900 - Photo 1
2 hours  |  100
Madison Avenue
NoMad, Midtown Manhattan, Manhattan
$5,900 4 Bed 2 Bath
By Eli Halali
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No Fee
  Doorman · Elevator · Pre-War
3 Bedrooms, Hell's Kitchen Rental in NYC for $4,890 - Photo 1
3 Bedrooms, Hell's Kitchen Rental in NYC for $4,890 - Photo 1 3 Bedrooms, Hell's Kitchen Rental in NYC for $4,890 - Photo 1
2 hours  |  100
W 53 St.
Hell's Kitchen, Midtown Manhattan, Manhattan
$4,890 3 Bed 2 Bath
By LIBBY MATSUI, Hell's Kitchen Expert
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No Fee
  Doorman · Elevator · Hardwood Floors
Studio, Chelsea Rental in NYC for $2,395 - Photo 1
Studio, Chelsea Rental in NYC for $2,395 - Photo 1 Studio, Chelsea Rental in NYC for $2,395 - Photo 1
2 hours  |  100
6th avenue
Chelsea, Midtown Manhattan, Manhattan
$2,395 Studio 1 Bath
By Dimitar Nikolov
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No Fee
  Doorman · Elevator
Studio, Financial District Rental in NYC for $2,600 - Photo 1
Studio, Financial District Rental in NYC for $2,600 - Photo 1 Studio, Financial District Rental in NYC for $2,600 - Photo 1
1 hour  |  100
20 Exchange Pl.
Financial District, Downtown Manhattan, Manhattan
$2,600 Studio 1 Bath
By Daniel A. Ortiz, Financial District Expert
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No Fee
  Doorman · Elevator
1 Bedroom, Midtown East Rental in NYC for $3,500 - Photo 1
1 Bedroom, Midtown East Rental in NYC for $3,500 - Photo 1 1 Bedroom, Midtown East Rental in NYC for $3,500 - Photo 1
2 hours  |  100
E 56 Street
Midtown East, Midtown Manhattan, Manhattan
$3,500 1 Bed 1 Bath
By Phillip Martin
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No Fee
  750 ft² · Doorman · Elevator · Hardwood Floors
3 Bedrooms, Kips Bay Rental in NYC for $3,950 - Photo 1
3 Bedrooms, Kips Bay Rental in NYC for $3,950 - Photo 1 3 Bedrooms, Kips Bay Rental in NYC for $3,950 - Photo 1
2 hours  |  100
E 30th St
Kips Bay, Midtown Manhattan, Manhattan
$3,950 3 Bed 1 Bath
By Marlon Beno
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No Fee
  Elevator · Hardwood Floors
1 Bedroom, Gramercy Park Rental in NYC for $2,800 - Photo 1
1 Bedroom, Gramercy Park Rental in NYC for $2,800 - Photo 1 1 Bedroom, Gramercy Park Rental in NYC for $2,800 - Photo 1
2 hours  |  100
East 20's
Gramercy Park, Midtown Manhattan, Manhattan
$2,800 1 Bed 1 Bath
By Yordan Bobchev, Gramercy Park Expert
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No Fee
  Doorman · Elevator
1 Bedroom, Murray Hill Rental in NYC for $3,350 - Photo 1
1 Bedroom, Murray Hill Rental in NYC for $3,350 - Photo 1 1 Bedroom, Murray Hill Rental in NYC for $3,350 - Photo 1
32 mins  |  100
East 36th Street
Murray Hill, Midtown Manhattan, Manhattan
$3,350 1 Bed 1 Bath
By Beka Baduashvili
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No Fee
  Doorman · Elevator · Hardwood Floors
2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,250 - Photo 1
2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,250 - Photo 1 2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,250 - Photo 1
3 hours  |  100
838 Herkimer Street, Apt 4F
Bedford-Stuyvesant, Northern Brooklyn, Brooklyn
$2,250 2 Bed 1 Bath
By Gregory Witchel
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,690 - Photo 1
1 Bedroom, Hell's Kitchen Rental in NYC for $2,690 - Photo 1 1 Bedroom, Hell's Kitchen Rental in NYC for $2,690 - Photo 1
1 hour  |  100
W 42nd St
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,690 1 Bed 1 Bath
By Ian Pierce
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No Fee
  Doorman · Elevator · Laundry in Unit · Hardwood Floors
1 Bedroom, Hell's Kitchen Rental in NYC for $2,700 - Photo 1
1 Bedroom, Hell's Kitchen Rental in NYC for $2,700 - Photo 1 1 Bedroom, Hell's Kitchen Rental in NYC for $2,700 - Photo 1
1 hour  |  100
W 43rd St
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,700 1 Bed 1 Bath
By Ian Pierce
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No Fee
  Doorman · Elevator · Hardwood Floors
4 Bedrooms, Hamilton Heights Rental in NYC for $3,900 - Photo 1
4 Bedrooms, Hamilton Heights Rental in NYC for $3,900 - Photo 1 4 Bedrooms, Hamilton Heights Rental in NYC for $3,900 - Photo 1
3 hours  |  100
501 West 140th Street, Apt 3R
Hamilton Heights, West Harlem, Upper Manhattan, Manhattan
$3,900 4 Bed 2 Bath
By Gregory Witchel
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1 Bedroom, Battery Park City Rental in NYC for $2,995 - Photo 1
1 Bedroom, Battery Park City Rental in NYC for $2,995 - Photo 1 1 Bedroom, Battery Park City Rental in NYC for $2,995 - Photo 1
1 hour  |  100
River Terrace
Battery Park City, Downtown Manhattan, Manhattan
$2,995 1 Bed 1 Bath
By Louis Ortiz
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  Doorman · Elevator · Laundry in Unit · Hardwood Floors
4 Bedrooms, Murray Hill Rental in NYC for $5,890 - Photo 1
4 Bedrooms, Murray Hill Rental in NYC for $5,890 - Photo 1 4 Bedrooms, Murray Hill Rental in NYC for $5,890 - Photo 1
2 hours  |  100
East 39th Street
Murray Hill, Midtown Manhattan, Manhattan
$5,890 4 Bed 2 Bath
By Eli Halali, Murray Hill Expert
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No Fee
  Doorman · Elevator · Pre-War · Hardwood Floors
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No Fee

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…

No Fee Apartments for Rent

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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