I’m from out-of-state. What do I need in order to rent an apartment in New York City?

You will need to show proof of income equivalent to 40x the rent. For example, an apartment that rents for $1,500 a month will require $1,500 x 40, or $60,000, worth of yearly income. You’ll also need good credit, a reference letter from your current landlord, a letter of employment, and two months’ worth of bank statements.