“Those who don’t happen to make 40 times the rent of an apartment certainly have other options when it comes to renting,” says Adam Frisch, managing principal at Lee & Associates Residential in New York City. 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. Affordability: Another high priority on a student’s list is how much the rental costs.Money may be tight, and while they need a place to live, they also want money to eat and to go out with their friends. NYU Student Rentals provides real estate services for students looking to find the perfect apartment in NYC. Part of the series: Real Estate Basics. “For example, I often advise the landlords I … Renting in the summer Summer is New York City’s peak rental season. Official Student Farmington Apartments for rent under $1300 . 2. See floorplans, pictures, prices & info for available Student apartments in Farmington, NY. At any given time there are more than half a million students here, attending one of approximately 80 different universities, colleges, vocational and other institutions of higher learning, in all parts of town. Translation: A job may be in your future. How to Get an Apartment When You're a College Student Paying Rent With Grant Disbursements. Student Housing in the NYC Metropolitan Area Student housing in New York City is a huge market. Apartment rent in New York has decreased by -24.2% in the past year. Generally, to qualify for an apartment, you need income rolling in. If you want to rent a student residence or a student apartment inNew York, you can expect rent prices between $697 and $1,809. "Most landlords would not feel comfortable renting an apartment to someone who is only living off student loans," says Maxim Mitnik of FirstService Realty. Here’s a guide to a few of the more cost-friendly places to live in NYC, where someone making the median salary of $52,259 can spend less than 30 percent of their income on rent in a studio apartment. Student Rental NYC offers three fine New York City properties perfect for students looking for something more than the typical dorm or hotel can provide to them. They may prefer a moderately priced rental to a more expensive, renovated apartment. Student apartments or student flats in New York are usually around 17m² to 110m². Spend more than 30 percent of your income on housing and you’re “rent-burdened,” according to NYC Mayor Bill De Blasio’s administration. 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