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People from all over the world dream of having their very own New York City apartment. However, the high cost of rent here can make this dream challenging to achieve. This reality is one of the many reasons why rooms for rent in NYC are so popular right now.
Renting a room in New York City comes with its own unique considerations, but we're here to help.
Here are some common questions.
Room rentals are not only legal but are also very common in New York City. Renting a room is an opportunity to share costs and share your experience with your roommates.
To budget for rent in New York City, it’s essential to grasp your net income and follow the 30% guideline, which recommends allocating no more than 30% of your after-tax earnings to rent. Additionally it’s crucial to factor in various other costs like utilities, groceries, transportation, healthcare, and personal expenses.
To determine this, apply the 30% rule, suggesting that you should spend no more than 30% of your gross income on rent. In this case, 30% of a $60,000 annual income is $18,000. Dividing this by 12, the suggested monthly rent is $1,500.
We recommend checking out our website for options. You can easily navigate your way through our listings and even walk through the unit virtually. We also offer in-person tours so that you can be confident in your choice. If you would like an in person tour, we can arrange up to two tours for you at your convenience.
Absolutely. June Homes offers short term housing in NYC as well as longer-term leases, making it a great choice for those seeking temporary housing or those who prefer not to commit to a standard year-long lease.
June Homes has made moving to and within New York City as easy as possible. For your convenience, we offer rental agreements with flexible lease durations ranging from 1-18 months.
Single rooms in apartments for rent that are listed on June Homes often range between $900 and $1,900 per month. However, the cost of rooms to rent in New York varies by neighborhood and location in the city. Overall, the cost of renting a single room in New York has been increasing, so now is a good time to secure the room of your choice. Utilities may be included or may come as a separate fee from your monthly rent.