Easily compare the cost of apartments with broker fees.Help
This tool helps make it easier to compare the true cost of apartments with broker fees to no-fee apartments by amortizing the broker fee over the length of your lease.
To use the calculator, simply enter the monthly rent of the apartment, the broker fee, the way that the fee is specified (percent, dollar amount or number of months rent), and the term of the lease in years.
After filling out the different fields, you'll see your "Monthy Rent with Fee" at the bottom. This value is what the apartment would really cost if you rolled the broker fee into your rent over the course of the lease. If you set a maximum budget for your apartment search, you can use this number as the 'true rent' to compare apartments with fees to apartments without fees.
Monthly Rent with Fee: