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Myself and a roommate are looking to move in to a 2 or 3 bedroom apartment in Murray Hill.
The main question is that we are being told by an increasing amount of brokers that there is a sharp increase in rent prices from May to June (10-20%). They seem to think that it would save us money moving in May 1 instead of June 1, due to the increase in demand from graduating students. Some also note that this would 'put us on the right cycle', lower broker costs, and actually insure that we have some where to live.
Does this have merit? It seems like if there is at least a 10% increase, it does pay for itself? Thoughts???
Side notes:
We kind of want to be within semi-walking distance (about 10 blocks) to Grand Central and the closer to like Lex/Park the better I would think. We say Murray Hill because we are just graduating and want a young college-like crowd around us (and it is close to all the right places).
Is somewhere between 4,000 and 4,500 a decent budget for a Murray Hill true 3 bedroom, or is that more aiming at a 2+Flex? What about a true 2bedroom - 3,200-3,500?
It is also interesting to note that all these no-fee listings on craigslist still seem to point to a broker. Is there a better way to go about this? Is there another place to look? Do we basically have to suck it up and go with the broker?