250 Melrose St, 1R

Income

Most NYC landlords look for an annual income of about $160,000 (40 times the rent), or a guarantor earning about $320,000 (80 times). How the 40× rule works →

To move in

By New York law, the most you can be asked for upfront is $8,010: the first month’s rent ($3,995), a security deposit of at most one month ($3,995), and a background check of at most $20. No broker fee through Nessoo.