Top 5 Cheapest Neighborhood In NYC
The Aivirx Team
•April 22, 2023
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New York City is famously expensive, with high rents and a steep cost of living. However, there are still some neighborhoods where you can find more affordable housing options. In this article, we'll explore some of the most budget-friendly areas in the city.
Hunts Point, Bronx
Hunts Point, located in the southern Bronx, is undergoing a remarkable transformation. Once known for its industrial landscape, it now boasts new housing developments and a growing arts scene. With a median rent of $1,300 per month for a one-bedroom apartment, Hunts Point stands out as one of the city's more affordable neighborhoods.
Brownsville, Brooklyn
Brownsville in Brooklyn faces economic challenges but has a resilient community spirit and rich cultural heritage. Despite the hardships, it offers some relief in terms of affordability. With a median rent of $1,400 per month for a one-bedroom apartment, Brownsville is one of Brooklyn's more budget-friendly options.
Ridgewood, Queens
Ridgewood, located in western Queens near the Brooklyn border, is a vibrant and diverse neighborhood with a growing arts scene. With a median rent of $1,750 per month for a one-bedroom apartment, Ridgewood provides a relatively accessible option compared to other parts of Queens.
Kingsbridge, Bronx
In the northwest corner of the Bronx, near the Westchester County border, Kingsbridge offers a suburban feel with plenty of parks and green spaces. With a median rent of $1,800 per month for a one-bedroom apartment, Kingsbridge is a more affordable alternative to many other city neighborhoods.
Washington Heights, Manhattan
Washington Heights, in the northern part of Manhattan, has a vibrant Dominican community and a rich cultural scene. Despite its location in Manhattan, it remains relatively affordable, with a median rent of $1,900 per month for a one-bedroom apartment, making it a more accessible choice within the borough.