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Fee apartment

You'll have to fork over a broker's fee, paid directly to the broker, if you rent a fee apartment. The amount can be anywhere from 8 to 15% of your annual rent.

Terms to Know

Fee or no-fee? Railroad, garden, or duplex? Below are a few definitions to keep in your back pocket:

    The Search

  • Fee apartment
  • No-fee apartment
  • Open house
  • Sublet

    The People

  • Broker
  • Guarantor

    The Building

  • Rent-stabilized
  • Rent-controlled
  • Co-op
  • Condo
  • Pre-war
  • Post-war
  • Walk-up
  • Live-in super

    The Apartment

  • Studio
  • Alcove Studio
  • Junior 1-bedroom
  • Junior 4
  • Wing 2-bedroom
  • Classic 6
  • Loft
  • Duplex or Triplex
  • Garden apartment
  • Railroad
  • Flex/convertible
  • Kitchenette

Next: Tips for Your Search