What would the cost of rent be for a new york city apartment?
Wednesday, December 28th, 2011 at
11:57 pm
I live in outside of dallas and pay 650 dollars per month so what would that translate to? i know that there is no exact umber and it depends on where you live but is there an average price?
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It depends…in Manhattan for a one bedroom or studio…the cheapest you could probably find is about $1700 a month. Many are easily over $2000.
If you look in the other boroughs such as Brooklyn or the Bronx you can find better deals.
Just browse through to get an idea of what people are renting there places out for.
If you look in the suburbs surrounding NYC, or in other burroughs beside Manhattan, you can get a nice 1 bedroom apartment for $1,000-$1,200. In Manhattan, you will wind up paying $1,500-$2,000 for a crappy studio (maybe 1 br) the size of a shoebox somewhere in a basement. Unless you live in Harlem or Hell’s Kitchen, which aren’t the best neighborhoods. However, even they’re not that cheap. My friend pays $1,500 for a ROOM in a 5-bedroom apartment with 4 other people in Hell’s Kitchen.
More than double what you pay now. Just a guess, I live near Boston.
Aside from the huge increase in rent, the cost of living in New York City is extremely high.
That is a very broad question. It depends on the area of the city. The apartment complex where I live, the rent starts at $2,000 plus or minus for a one bedroom and about $3,000 +/- for a two bedroom apartment. Rent price includes: Electricity and Gas.
This information is from “The Real Deal,” a NYC publication for the New York Real Estate market.
You can buy a condo for about $740.000.00 in many areas of the city, yes, that is$740,000 for a two bedroom Condominium (condo).
I manage several white glove luxury buildings which include dry cleaning, parking, roof top pool and gym services. The average 1 bedroom about 600 square feet is about $4000 bc of the building ammenities. $2500 would be average for a walk up building (no elevator) and no ammenities.
Queens studio may be 800. Harlem 1 bedr 1100