New York City, NY 41 Apartments for Rent under $1,400

When you think of New York City, a lot of things come to mind: Concrete Jungle, Skyscraper National Park, The Big Apple. When you think of apartment hunting in New York City, one thing comes to mind: Pounding Headache! Have no fear; we've outlined all the information you’ll need to make the search as quick and painless as possible! So get into your Empire State of Mind, grab your MetroCard, and let’s go!

Having trouble with Craigslist New York? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

The Bare Essentials to Call NYC Home What's it Gonna Cost? No matter where your apartment hunt takes you, there are a few things we recommend you have handy. Of them, the most important has to be some cold, hard, cash. New Yorkers should expect to spend ¼ of their annual income on rent. Landlords like to see that your annual salary is at least 40 to 50 times the cost of your monthly rent.

Be Prepared: To get into just about any place, you’ll need at least first month’s rent and security deposit in the form of a cashier’s or bank check. (New Yorker's aren't very trusting when it comes to personal checks!) A letter from your current employer stating your salary and time of employment as well as a reference from your previous landlord don’t hurt, either. If you don’t make a certain amount of money, you may need to call in a guarantor. However, this varies building to building. A credit check will also be required, but those obtained on your own will not be accepted. Be prepared to spend between $25 and $100 getting one.

Getting Your Priorities Straight: Chances are that you, like most New Yorkers, probably won’t have everything you desire in your immediate vicinity. Are you most concerned with the size of your new space? Commute? Prioritize the things that are most important to you before you set about your hunt.

Do I Need a Broker? Using a broker or an apartment locator is often recommended when renting in New York City (especially in summer and early fall – NYC’s most difficult times to rent) and while brokers can charge a fee ranging from one month’s rent to 15% of one’s annual rent, in certain circumstances it may save you both time and money in the long run. Many brokers have access to rentals that aren't listed elsewhere, so if you've hit a dead end in your apartment search, it’s probably worth a phone call. Just keep in mind that the shorter the lease, the more expensive they come. Most brokers deal in long leases, so make sure you really want to live in your selected spot before committing.

Leaving Expectations at the Door: Usually, if something sounds too good to be true, it probably is. Be conscious of bait and switch scams found on Craigslist and elsewhere. Trust your gut. This same rule applies to the cost/size ratio. View New York City Guide

Finding a deal on affordable apartments under $1,400 in New York City is worth the extra effort. Come ready to pounce on the best deals. Call the property management in advance to ask what paperwork they need and come prepared. Bank statements, pay stubs, identification, and letters of recommendation from an employer or landlord are usually standard. It’s better to come to an apartment tour over-prepared and ready to sign.

You probably won’t find affordable apartments under $1,400 in New York City in the heart of the action, but you can still land in a neighborhood you love. Look for locations on the outskirts of your dream location or reconsider how much space you really need. A studio apartment may offer plenty of space in your ideal neighborhood at a cheaper price point.

Some property managers will also know about apartments under $1,400 in other buildings they manage, or through word-of-mouth from industry contacts. Ask about any leads if you can’t find the space you need. Touring the first floor for affordable apartments that need some updating can also yield a great deal.