Most Affordable Neighborhoods in New York City

Author: Justin Fishaw  

Morningside Heights-Manhattan

New York City is notorious for its high cost of living, but what if we told you affordable apartments that don’t cost an arm and a leg actually exist? The Big Apple is home to millions of people from different backgrounds and budgets, so it’s entirely possible to find an apartment when you’re working within the boundaries of a budget. Take a look at this list of affordable neighborhoods in New York City where rent won’t completely empty your bank account:

Murray Hill- Manhattan

Murray Hill- Manhattan

Murray Hill is a neighborhood that has been a favorable option among young professionals, more so with graduates fresh out of college. It’s centrally located, close to bars and restaurants and is continually growing. You’ll find a large population of high-rise buildings, where the rent is moderately priced, and the affordable apartments aren’t too trendy or hipster.

Bushwick-Brooklyn

Bushwick-Brooklyn

This neighborhood is highly recommended if you can get in while there are still affordable apartments. Once known for a bad reputation due to crime and poverty, it’s currently undergoing a modern transformation, which has attracted families and young professionals alike. The area is definitely becoming trendier, especially with its amazing art scene and diverse environment.

Morningside Heights-Manhattan

Morningside Heights-Manhattan

Here you can find a decent one bedroom apartment priced on the lower end of the rental scale. Not far from Central Park, some people consider this neighborhood as part of Harlem, while others think of it as the Upper West Side. It’s highly populated with college students, due to the presence of the Manhattan School of Music, Columbia University, as well as other educational institutions.

Williamsburg – Brooklyn

Williamsburg – Brooklyn

While this neighborhood was once ruled by artists and other creative minds, young professionals have recently discovered the area for its cheaper cost of living. You can reach Manhattan on a 10 minute subway ride, by bike ride or an easy walk across the Williamsburg Bridge. Williamsburg has an active nightlife because of its booming music and art scene and a plethora of hip restaurants and shops. It is generally an all-around fun neighborhood to live in.

Harlem-Manhattan

Harlem-Manhattan

Harlem is thriving and should be your top choice for affordable apartments. The residents are friendly, and the area is rich in history and culture. It’s a big neighborhood, so it might take some research for you to find a unit best suited for your lifestyle. As long as you have street smarts, you can benefit from affordable living in Harlem.