How Much Should I Budget for Moving in NYC Now?

June 23, 2025
NYC moving costs are shifting under the FARE Act. Here’s what you should budget for in 2025.

What are the new realistic move-in costs?

First month's rent, security deposit (usually one month), and application fee (maximum $20). That's it for most apartments.

Previously, NYC renters paid an average of $12,951 in upfront costs including broker fees. Now expect 2-2.5 months of rent total.

Give me actual dollar amounts

  • $3,000/month apartment: $6,020 total move-in vs. $12,951 before
  • $4,000/month apartment: $8,020 total vs. $17,000+ before
  • $5,000/month apartment: $10,020 total vs. $21,000+ before

What other costs should I factor in?

Professional movers: $400-$1,200 depending on distance and apartment size.

Utilities setup and internet installation: $200-$500 in connection fees and deposits.

Don't forget your security deposit refund from your old place. That money can cover your moving truck and first grocery run. Budget for rent overlap if you need a few days to transition between apartments.

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Tristian Brown
SENIOR CONTENT ASSOCIATE
Tristian Brown is a Senior Content Marketing Associate at Apartment List, where he manages high-quality content that helps modern renters find the perfect home. He brings an immense wealth of knowledge to the team, having earned a Bachelor of Arts in Marketing and European Management from the University of San Diego and EM Strasbourg Business School. Read More

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