Renting Simplified

Finding an ideal rental in New York City’s luxury market requires more than just searching—it demands a team that understands your unique needs and the complexities of this vibrant city. At The HIVE Team, we take a personalized, client-first approach, leveraging our expertise and advanced tools to streamline the rental process. With us as your trusted partner, you’ll enjoy a seamless experience as we help you secure a home that fits your lifestyle and exceeds your expectations.

Why Rent with the HIVE Team?

At the HIVE Team, we provide personalized service with a client-first approach. Our agents leverage their deep market knowledge, industry experience, and access to the best listings in the city to guide you toward your perfect rental. We are here every step of the way—ensuring a smooth, efficient, and successful experience in finding your ideal NYC home.

How to Rent in the City

1. The Search Process

When to Start Looking
Start your rental search 30–45 days before your desired move-in date. However, most landlords aim to fill vacancies quickly, often requiring tenants to start leases within two weeks of applying. The more you explore, the quicker you'll be able to make informed decisions when the right opportunity arises.

What to Prepare
Apartments in NYC rent fast, so having your documents in order will allow you to move quickly once you find the ideal home. Be sure to have the following ready before starting your search:

  • Proof of employment (or CPA letter if self-employed)

  • Last two pay stubs, W-2s, tax returns

  • Bank statements, reference letters from previous landlords

  • Valid photo ID (driver's license or passport)

Financial Requirements
Most landlords require tenants to have an annual salary that is 40x–50x the monthly rent. If you don't meet this requirement, a US guarantor may be needed. Guarantors must provide similar documents and typically need to earn 70x–80x the monthly rent.

2. The Application Process

Rental Apartments
Once you submit your application, landlords typically take 24–48 hours to review. If approved, lease signings occur within the following 24–48 hours.

Condos & Co-ops
Condos require approval from both the apartment owner and the condo board. This process may take anywhere from several days to a few weeks. Some condo boards may require an in-person interview.

For co-ops, the process is similar but can take up to 30 days for approval.

3. Approval and Payment

After approval, you’ll sign the lease and pay applicable fees. Typical payment includes:

  • First month’s rent

  • Security deposit (1 month’s rent)

  • Broker and/or co-broker fees

For Condos and Co-ops, additional fees may apply, such as:

  • Move-in Fee: $1,000 (often refundable)

  • Application Fee: $250–$300

  • Managing Agent Fee: $250–$400

No-Fee Buildings
Approximately 15% of NYC’s rental market consists of no-fee buildings, where the landlord covers the broker commission. In "CYOF" (Cover Your Own Fee) listings, the tenant pays the broker’s fee directly.

Additional Information

International Applicants

If you’re an international applicant, be prepared to provide a US guarantor as landlords typically don’t accept foreign credit reports.

Pets

Pet policies vary by building. Communicate your pet's details to ensure we find buildings that fit both you and your pet’s needs. Recent rent reforms cap security deposits at one month's rent, eliminating additional charges for pets.

Your Success, Our Commitment

With The HIVE Team, finding your ideal rental is a seamless experience. From the initial search to move-in, we provide personalized guidance and expertise every step of the way, ensuring your needs are met with care and precision.

Let us help you find a rental that exceeds your expectations.

Make The HIVE Team Your
Team Today

Ready to take the next step in your real estate journey?
At HIVE, we’re committed to providing guidance and support every step of the way. Contact us for expert advice, personalized solutions, or to explore your next opportunity.