New York has no shortage of expensive apartments. But some neighborhoods are in a category of their own because it’s almost impossible to find reasonably priced rentals (or sales) in those neighborhoods. The two clearest examples of this is the West Village and Soho. If you’re looking for an affordable apartment rental in Manhattan, look elsewhere.
By contrast, when it comes to affordable Manhattan apartments, the Upper East Side has got some of the cheapest rents in the city. The average rent for a one bedroom in the ‘hood will run you $2,946, which is lower than abodes in the East Village, the Lower East Side, Williamsburg, and, well, pretty much every sought-after neighborhood.
A survey that I did today of real estate websites and blogs confirms what we’ve been talking about:
NYC Rent – Average Price For One Bedroom Apartments
http://www.refinery29.com2/20/13
Guess Which ‘Hood Has The Highest Rent In NYC. By Seija Rankin. 1 Sometimes, in NYC, it seems like apartment drama controls your life — if you’re not looking for a new pad, you’re obsessing over lease renewals and rent …
Neighborhood Chatter: Hudson Park River Snacks, Manhattan …
http://nypress.com2/20/13
While Tribeca’s doorman studios had the highest mean studio rental prices in all of Manhattan, the rent price for non-doorman studios had the largest decrease in Manhattan by far at 32.9 percent due to a 43 percent fall in …
But as you can also see, rental apartments in Brooklyn are no slouch when it comes to high rents.
High Brooklyn Rent Encourages Residents To Move To Manhattan
http://www.huffingtonpost.com1/17/13
The days of moving to Brooklyn to escape Manhattan’s ridiculously high rent are no more. Skyrocketing rental prices in Brooklyn could be leading residents to actually move back to Manhattan, DNAinfo.com reports.
Brooklyn rents reach highest rates EVER. « Brooklynian
http://brooklynian.com2/11/13
Oh this post!!! *cries*. I just got my new lease and it keeps me wondering how long I can stay in NYC. I love this city so much, but she just takes everything out of me like the good gold digging whore she is. And if you like nightlife, like I do, …
An apartment rental in Brooklyn, particularly in Brooklyn Heights, Park Slope, and Williamsburg will cost you just about as much as an apartment rental in Manhattan. So be sure the trade-offs are worth it to you. Otherwise, you’ll be saddling yourself with longer commute times and longer walking distances to grocery stores and other neighborhood merchants for very little extra space.
Blog post by Lorenzo
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This post originated from http://www.Rent-Direct.com/blog The Most Expensive Neighborhoods in NYC This is the blog for Rent-Direct.com and RDNY.com - New York's largest and most trusted No Fee apartment rental service. RDNY.com