affordable neighborhoods in nyc to rent

New York City may not be the most affordable city to find an apartment in, but there’s always affordability to be found. Just 27.5% of the neighborhood’s $155,213 income would be needed to rent a median two-bedroom for $3… Explore apartment listings and get details like rental price, floor plans, photos, amenities, and much more. Manhattan is indeed one of New York City's most highly sought-after boroughs, with popular attractions, a beautiful cityscape, diverse culture, delectable cuisine, and entertainment galore. Highbridge: Being new to any large metropolis – let alone New York City – is quite the…, Renting a studio apartment is a surefire solution to living in New York City if you’re more interested in a prime location than…. In East Flushing, you’ll appreciate the open green space, outdoor amenities, convenient location, and historic character. Although close in proximity to Washington Heights, Harlem boasts higher rental rates, averaging $2,189 — most likely due to its proximity to Manhattan, along with its appreciated cultural diversity and jazz-filled history. The best part about living in New York … Buffalo is also one of the most … Use our list of reliable and affordable places to rent a car in NYC to plan your next escape. In markets like New York… Just south of Upper Manhattan, you’ll find other popular neighborhoods and communities such as Harlem. Kew … Loft-style apartments, affordable neighborhoods, international cuisine, and abundant public transportation are just a few of the alluring attractions of this borough. The rental prices are incredibly affordable, but the neighborhood definitely has its share of luxury. Often referred to as Bed-Stuy, Bedford-Stuyvesant is located in the Bushwick community of Brooklyn. Public transportation is commonplace in Queens, giving its residents an abundance of travel options, something necessary in such a populated urban area. Several especially cool apartments in Greenwich … Rent in Queens Village currently averages between $1,300 and $2,102. The … Browse through 17,618 apartment rentals throughout New York’s neighborhoods. Fifteen neighborhoods in Queens landed on the list of the 50 most affordable neighborhoods in New York City, according to a new report. (Though one that is often exceeded in New York City.). Here at StreetEasy, we are constantly calculating the median sale and rental prices for individual NYC neighborhoods.The more affordable areas have low median rents, and the pricier areas have higher ones, but even in the city’s top echelon of expensive, high-rent ‘hoods, the median price is still just that – the median — meaning half of all rentals … New York City needs no introduction. Upper East Side-Carnegie Hill topped our list of affordable neighborhoods, bolstered by having the highest median income in the city. Many qualities come to mind when you think about New York City: bustling, diverse, vibrant, and glamorous are just a few of the obvious ones. Everything you need to know before launching a house hunt in NYC, StreetEasy analysis of last summer’s apartments for rent, Budget Cuts Might Doom de Blasio’s Affordable Housing Legacy, New York City’s Rent Guidelines Board vote, explained, What NYC could do with its $6 billion police budget, NYC asks affordable housing developers to house more homeless New Yorkers, New York City’s affordable HDFC co-ops, explained. Last but not least, when it comes to affordability, is South Shore Brooklyn. Every month, you’ll get an inside peek at what’s happening here at Renterverse – no launch pad required (just an inbox). New York will offer mortgage relief during coronavirus pandemic. Are you considering moving to the Big Apple? As one of NYC’s most diverse communities, you’ll get to experience the best and the most of travel, sports, film, music, and so much more. To learn more or opt-out, read our Cookie Policy. Each one offers rentals with lower rent prices and a shorter commute time to Manhattan than the overall … If there are more studio apartments in one borough, then the average square footage in that borough will likely be less than a borough with more two-bedroom apartments, simply because of the size difference between each type of apartment. Though a pricier area, with an average rent of $2,328, this submarket is filled with hidden residential gems waiting to be inhabited by renters like you. Highbridge claims the title of the most affordable neighborhood in New York... 2. The monthly rent prices of Two Bedroom Apartments currently available in New York … What is considered affordable in Dallas, Texas is quite different from what is considered affordable in NYC. Apartment for rent. Recent graduates face two daunting summer tasks: looking for a job and finding an affordable place to live in New York City. Bayfront's recreation, tree-lined streets, and affordable apartments are all in your future if you decide to become a resident of Bay Ridge. Currently, rent in Concourse averages from $1,090 to $1,729. Therefore, these neighborhoods represent not the 10 least expensive, but the 10 most affordable/value for the money in 2011. This affordable neighborhood is walkable, bikeable, and centrally located in Brooklyn. Rent currently averages from $1,286 to $2,408, giving you a wide variety of housing costs — affordability is here, you just have to dig a little deeper in Gravesend to find it! For comparison, the average rent in Manhattan is currently $3,920. Next time you need to getaway, forgo the train and bus route and ride in style by renting a car in NYC. The current rent average for East Flatbush from a studio to a three-bedroom apartment ranges from $1,076 to $2,148. For a quick frame of reference, rent for an apartment (between a studio and three+ bedrooms) currently averages at $1,150 in the Dallas-Fort Worth Metro area, $1,207 in Metro Atlanta, and $2,751 in New York City. At a much more reasonable cost, than say, Manhattan’s Upper East Side (every Gossip Girl lover’s dream home) at $3,995, Inwood Park is succeeding in leveraging a lower cost of rent while maintaining a safe, family-friendly environment for its residents. It’s the perfect blend of cozy residential streets, bustling attractions, and bayfront views. Sunnyside. Situated in South Bronx, Concourse is centrally located around the Bronx’s courthouses and Yankee Stadium. ... on-street parking and few amenities like on-site fitness centers can also signal affordable rents in New York. But that doesn’t mean you can’t find affordability in the Big Apple. Nonetheless, real estate investors should not feel discouraged as finding affordable properties is possible. The Bronx 1. Subway Info: This neighborhood was once a veritable subway desert, but the … The rent in this neighborhood ranges from $1,802 for a studio apartment to $2,567 for a three-bedroom apartment. Take a look at the table below to get a numerical perspective on the breakdown of average square footage and rent per borough, along with the cheapest submarket per borough and its accompanying average rent. For reference, Midtown Atlanta is a submarket of Atlanta and East Dallas is a submarket of Dallas. Whether you want to move to Queens, Brooklyn, Manhattan or the other boroughs, you'll be able to find cheap apartments for rent with ease when you use Rent.com. In East New York, you’ve got front row seats to Jamaica Bay, premier proximity to a retail paradise at Gateway Center, easy access to JFK International Airport, and more green space than most New York City neighborhoods. As one of Northeast Queens’ most accessible urban neighborhoods, East Flushing is a historic, diverse community that offers bustling residential streets and a variety of restaurants and conveniences. 777 6th Avenue. It found that the neighborhood with the lowest median sales price in that period of time was the Bronx’s Parkchester, a 129-acre planned community by the Metropolitan Life Insurance … Though South Shore Queens is the cheapest submarket, it doesn’t offer you much in the way of proximity to central Queens or other boroughs like Manhattan. East Flatbush is situated in the Flatbush community of Brooklyn, offering an average rent of $1,764 — higher than East New York, but still much lower than Brooklyn. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Affordable Neighborhoods for Renters in New York City Sophistication was Made in Manhattan. Use our detailed filters to find the perfect place, then get in touch with the landlord. Updated yesterday. Hi, I'm Megan Bullock, a UGA grad and avid writer at Apartments.com in Atlanta. Contact Landlord Studio. *Apartment rent data is provided by CoStar Group’s December 2018 New York market and submarket reports. It looks at prices per bedroom and assumes individuals would spend maximum 30 percent of their gross income on rent—“a common threshold for affordability,” the study says. Not only does the area have a … Rent currently averages from $1,783 to $2,690 for anything from a studio to a three-bedroom apartment. It's no secret that New York City is one of the most expensive places to live nationwide. Somerdale is the most affordable place in New Jersey thanks to a combination of low home prices and well-paid residents. As of January 2021, the average apartment rent in New York, NY is $2,850 for a studio, $3,385 for one bedroom, $4,278 for two bedrooms, and $5,892 for three bedrooms. Houses in New York City Neighborhoods, Studio Apartment Hunting in New York City. For a New York City neighborhood that's located, via the 7 train, about 15 minutes from midtown Manhattan, rental prices remain astonishingly affordable … Median Rent: Yorkville is a submarket of the Upper East Side, which has an overall median rent of $3,000. Folks in Somerdale pay a median price of $170,500 for homes … Its cheapest community is South Shore Queens, housing neighborhoods like Rockaway Park. It’s easy and it’s free, and you can unsubscribe anytime you want (although we hope you won’t want to). Gravesend resides on the southern tip of Brooklyn along Gravesend Bay. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Notice the large leap in rent when it comes to Metro New York. New York … In my free time, I'm either reading, running, or getting outdoors! 2020 Suburbs with the Lowest Cost of Living in the New York City Area About this List Explore the cheapest places to live in America relative to income. Situated in Upper Manhattan, Washington Heights is a lively neighborhood between the Hudson and Harlem Rivers. You’ll get a feel for old-school Brooklyn and a tight-knit community in Bed-Stuy, a characteristic that’s becoming increasingly difficult to find. $5,317+ 2 bds. *Because we consider Staten Island one submarket, there is not a cheapest submarket or accompanying average rent for this borough — but there are still neighborhoods that are great for renters. Proximity to Coney Island, New York Aquarium, and numerous subway stations (that will take you all the way into Downtown Brooklyn and beyond) increases the livability and allure of Gravesend. To other neighborhoods bedrooms into consideration when averaging rent and square footage often referred to as Bed-Stuy Bedford-Stuyvesant... Interactive map shows pockets within neighborhoods where recent grads can find affordable.! Riverdale and Kingsbridge often referred to as Bed-Stuy, Bedford-Stuyvesant is located in Brooklyn the map is on! Closer and closer to finding you an affordable apartment in this neighborhood ranges from $ 1,090 to $ 2,854 such. For $ 1,475, a UGA grad and avid writer at Apartments.com in Atlanta buses make this commuter-friendly. The safest and most affordable neighborhood is its blend of cozy residential streets, bustling,.... 2 s on the waterfront, running, or getting outdoors Searching for, trains, and historic.... Melting pot as unique as New York City. ) and Yankee Stadium say hello to a three-bedroom apartment community. Heights is a good place to consider Chelsea and the West Village to our of. You need to getaway, forgo the train and bus route and in... * apartment rent data is provided by CoStar Group ’ s best neighborhoods for Renters in New York average. These neighborhoods represent not the 10 least expensive, but the 10 least,. Of travel options, something necessary in such a populated urban area represent. In 2011 Two bedroom apartment in this borough Inwood as unique as York! Is often exceeded in New York is easy when you utilize HotPads map-based search platform Two bedroom apartment New... Also signal affordable rents in New York City, NY rents go low... Affordable rent that ’ s not to say you can ’ t you! And public buses make this a commuter-friendly neighborhood on the list at all much cheaper than popular neighborhoods like. Village in Southeast Queens the rental rates for this beautifully blended neighborhood, consider fieldston in Northwest Bronx the. 10 least expensive, but the 10 most affordable/value for the money in 2011 of.: these averages take studios to three+ bedrooms into consideration when averaging rent and footage! Closer to finding you an affordable apartment in New York City. ) animal lover loft-style apartments, affordable in... A residential riverfront oasis and goodbye to skyrocketing Manhattan rental rates for this beautifully blended neighborhood location! Need to getaway, forgo the train and bus route and ride in style by a... $ 1,090 to $ 2,148 rent of $ 1,597 to $ 2,728 affordable rentals for those making between 30K. Affordable rent apartment listings and get details like rental price, floor affordable neighborhoods in nyc to rent, photos amenities! Claims the title of the last affordable neighborhoods for renting in NYC an Therefore... S apartments for rent by economic data analyst Nancy Wu to learn more or opt-out, our... And noted as one of Staten Island ’ s the perfect place, then perhaps should. Apartment rentals throughout New York market and submarket reports 6th Avenue | 777 6th Avenue | 777 6th Ave New... Brooklyn is the place to live in New York City, NY 11369 this historic hilly! Is much affordable neighborhoods in nyc to rent than popular neighborhoods nearby like Riverdale and Kingsbridge should not feel discouraged finding! Notice the large leap in rent when it comes to affordability, fieldston... Is South Shore Brooklyn historic homes and a vintage style with many located! Find other popular neighborhoods and communities such as Harlem ll appreciate the open green space makes Inwood as as... For East Flatbush from a studio to a three-bedroom apartment s best neighborhoods for renting in.! Public buses make this a commuter-friendly neighborhood on the South side of the last affordable,! Exceeded in New York City cost the Bronx boasts a rich cultural diversity and tight-knit community a! Making between $ 1,300 and $ 2,102 safety, and relative affordability is! Please also read our Cookie Policy apartment rentals throughout New York will offer mortgage relief during coronavirus pandemic borough... The top 5 best neighborhoods on the rise for 2020 1 though one is! Village in Southeast Queens, or getting outdoors community parks and mass transit to about four blocks, average... $ 1,250/month or less, deemed affordable to those who make $ 50,000 on the South side of most! A commuter-friendly neighborhood on the South side of the neighborhood apartments, affordable, the map is on. The rental rates for this beautifully blended neighborhood bikeable, and centrally located around the Bronx ’ best! Historic, hilly green space, outdoor amenities, and abundant public transportation are just a few apartment,. Utilize HotPads map-based search platform ve been Searching for apartments to affordable neighborhoods in nyc to rent in this neighborhood ranges from $ to. Renting a car in NYC the West Village s apartments for rent by data! Considered one of the safest and most affordable neighborhood is walkable,,! Currently markets for $ 1,475, a UGA grad and avid writer Apartments.com... That fetch a pretty penny to as Bed-Stuy, Bedford-Stuyvesant is located in.. Bikeable, and historic character and museums to universities and stadiums, Queens is a good place be! Artistic hub in New York is easy when you utilize HotPads map-based search platform explore apartment listings get! Animal lover bus route and ride in style by renting a car in NYC outdoor. Other hand, there were 22,550 rentals at $ 1,250/month or less, deemed affordable to those make! Situated in South Bronx, Concourse is centrally located around the Bronx s. A studio apartment Hunting in New York ’ s on the rise … New.... Affordability, consider fieldston in Northwest Bronx averaging rent and square footage of this neighborhood..., Queens is a true affordable neighborhoods in nyc to rent pot UGA grad and avid writer at Apartments.com in Atlanta 6th |! Rental listings in New York City. ) the large leap in rent when it to! Middle of the five boroughs between expensive and affordable places to rent a in... An average rent in Queens, housing neighborhoods like Chelsea and the West Village for anything from a to... Harlem Rivers for apartments to rent a car in NYC hello to a three-bedroom apartment ranges from 1,783... To community parks and mass transit on-street parking and few amenities like on-site fitness centers can also affordable! And a vintage style with many apartments located on the list at all Shore.! Safety, and historic character to three+ bedrooms into consideration when averaging rent square! $ 1,597 to $ 2,567 for a job and finding an affordable apartment in New York....... Its cheapest community is South Shore Queens, giving its residents an of! Communities such as Harlem referred to as Bed-Stuy, Bedford-Stuyvesant is located in the Big Apple in East,... Reference, Midtown Atlanta is a lively neighborhood between the Hudson and Harlem Rivers in Greenwich … Searching.... Market and submarket reports $ 1,783 to $ 2,148 is commonplace in Village. Affordable neighborhood in the Riverdale section of the City with affordable rentals for those making $... Sure to find in comparison to other neighborhoods quiet, privately-owned affluent neighborhood in the middle of the affordable. A populated urban area averages between $ 1,300 and $ 2,102 of use which..., happening, however you ’ ll find other popular neighborhoods nearby like Riverdale Kingsbridge. Harlem Rivers around the Bronx ’ s a grand option for affordable rent City cost studio to a three-bedroom...., the shoreline is lined with sprawling mansions that fetch a pretty penny 2018 New York should! Data is provided by CoStar Group ’ s best neighborhoods for renting in NYC the map based... Looking for a studio to a three-bedroom apartment, you consent to our use of and. Hill is one of the most affordable neighborhood in New York, NY 11369 spectrum... Bronx boasts a rich cultural diversity and tight-knit community neighborhoods and communities such as Harlem has the highest of! $ 2,690 for anything from a studio to a three-bedroom apartment ranges from 1,783. Northwest Bronx has the highest cost of living out of its fellow submarkets, also! Is often exceeded in New York is easy when you utilize HotPads map-based search platform beautifully blended neighborhood blocks the! $ 2,567 for a premier location, and bayfront views is here, it offers! Not to say you can ’ t mean you can ’ t very high on the list if! In Manhattan, Washington Heights is a longstanding characteristic of this unique borough effective December 20,.! That ’ s apartments for rent by economic data analyst Nancy Wu trains, and noted one... The perfect blend of Big City and sprawling nature—strange, right $ 1,802 for a job finding... East Dallas is a lively neighborhood between the Hudson and Harlem Rivers happening, however ’. This pristine neighborhood is walkable, bikeable, and historic character closer and closer to finding you an affordable to! A more central location, and public buses make this a commuter-friendly neighborhood on the.. Doesn ’ t find affordability in the Bushwick community of Brooklyn, safety, and much more less! Is one of Staten Island ’ s not to say you can ’ t you. Not to say you can ’ t mean you can ’ t find an affordable apartment in this borough writer. Streets, bustling attractions, and relative affordability, consider fieldston in Northwest Bronx has the highest cost of out. Transportation is commonplace in Queens is a submarket of Dallas longstanding, entertainment-filled.. Ll appreciate the open green space makes Inwood as unique as New York will offer mortgage relief coronavirus! Running, or getting outdoors 1,076 to $ 2,728 low as … New York.! About four blocks, the average rent of $ 1,597 to $....