SnapRent helps renters avoid the burden of upfront move-in costs. Our goal is to make moving more about your new apartment, and less about the intimidating bill that comes with it.
SnapRent payment plans give renters the flexibility to choose when they pay, with low monthly fees and no hidden costs.
SnapRent always gives you the chance to recoup your security deposit before our payment plans end. This allows our users to use this money towards repayment of their broker fee.
Our payment plans start at 13 months to account for a standard 12-month lease, plus a one-month buffer to receive your refunded deposit.
If you decide to stay in your apartment, you can always extend your plan.
You can use SnapRent for any costs associated with your move, up to the amount of your security deposit. Whether it’s your deposit, broker fees, moving services, or furniture, the choice is yours.
SnapRent always gives you your requested funds directly. Most banks accept our transfers within minutes – even on weekends – but it can take up to one business day to receive your funds.
You can apply up to one month before or two months after moving into a new rental unit.
1. Apply on our website in just minutes.
2. SnapRent sends you the full amount of your security deposit or broker fee.
3. Set up automatic payments or pay manually each month. Our unique payment plans allow our minimum payments to easily fit into your budget.
4. Wait until your deposit is refunded to pay us back, or pay us on your own schedule. No hidden fees, ever.
5. Extend your plan for free if you stay in your lease for over a year.
This feature is in the works! Meanwhile, just email us if you’d like to do this, and we'll make it happen for you.
Applying won’t affect your credit score. Accepting a SnapRent payment plan may cause a temporary dip in your score, but it’s just temporary. On-time payments can also improve your credit score!
We cover your security deposit, but not your damages. You’ll need to pay for damages out-of-pocket, but we can always extend your plan if you’re not ready to pay yet.
We also provide guides for moving in, moving out, and getting as much of your security deposit back as possible. If you need additional support, just let us know.
Currently, SnapRent is only available in New York. Let us know if you'd like to see us in your area!
You can always pay off any portion of your SnapRent plan early. No extra fees.