New York City is famous for being one of the most expensive cities in the world. But, with a little bit of research and planning, it’s possible to find a great place to live in NYC that won’t break the bank. In this piece, we will explore some of the best NYC neighborhoods for your budget. Let us find one of the affordable Harlem moving companies, a new neighborhood, and make sure you are relocated affordably.
Our first destination – Washington Heights
It’s a diverse and vibrant community with a rich history and a strong sense of community. It’s also one of the more affordable neighborhoods in Manhattan. You will easily find an affordable Manhattan moving company in the area, simply because of the high demand and competitiveness within the moving industry. As for the cost of living, groceries are only 2% more expensive than the US average while the only problem lies in renting.
The rent is not so expensive as well. Studios and one-bedroom apartments start at $1,300 per month and you can add $100 to $150 for an additional room ending at around $2.300 for a four-bedroom apartment. Compared to the New York-Newark-Jersey City Metro area where prices can go over $3.000 easily, this sounds pretty good, right? Plus, it is well-connected to the rest of the city via the A, C, and 1 subway lines. This means you can easily commute without the need for a personal vehicle.
Gramercy Park might be one of the NYC neighborhoods for your budget
Now, we are landing in Gramercy Park. A quiet and small residential enclave that is surely one of the NYC neighborhoods for your budget. It is a bit more expensive than the rest of the candidates on this list sitting between $4.500 and $5.000 per month. Yes, the rental price might be something to talk about before moving here but what you’ll get is surely worth the trouble.
The elevated rental prices are there simply because of the location and all the amenities this place brings. If you want to live in an old-town vibe neighborhood surrounded but nature and historic monuments, Gramercy Park is the place for you. So, go over your budget, think about it, and if you think this place can accommodate you, call your Gramercy Park movers and make it happen.
Yorkville is a neighborhood that’s undergone a lot of changes in recent years. It has become a popular destination for young professionals and families. All thanks to its diverse community, great food, and beautiful architecture. Of course, being a part of the Upper East Side neighborhood did help a lot as well. And we can easily say that Yorkville is also relatively affordable despite being in the middle of the most sought-after part of NYC. With a median rent of around $2,400 per month for a one-bedroom apartment, we think you can find your place here.
Keep in mind that for a family of four, you’ll need to pull out as much as $6k for rent. Although, median home prices start at $165.000 which means you can invest in a property if your savings account and credit score are strong enough. Go over the numbers and if you can support it, then start working with your Yorkville movers to get you there safely.
Sunnyside is another one of the NYC neighborhoods for your budget
Our next destination is in Queens. Sunnyside is a neighborhood that’s often overlooked by those looking for a place to live in NYC. But it is a great option for living in NYC on a budget. It’s a quiet and peaceful neighborhood, with tree-lined streets and a strong sense of community. It’s also well-connected to the rest of the city via the line 7 subway. The median rent for a one-bedroom apartment in Sunnyside is starting at around $1,900 per month and goes up to $5k or more for four-bedroom apartments.
Again, it all depends on the part of the neighborhood and what kind of property you are renting. As for the cost of living, it is 6% lower than the New York average, but it is still 50% more expensive than the US average. After all, this is NYC, and as a single, you’ll need at least $2.000 to cover groceries, bills, transportation, and healthcare.
Our last stop – Hamilton Heights
We began our journey with Washington Heights, and we will end with Hamilton Heights. Another Upper Manhattan neighborhood. It’s known for its beautiful brownstones, tree-lined streets, and great food. It’s also one of the more affordable neighborhoods in Manhattan, with a median rent of around $2,200 per month for a one-bedroom apartment. All in all, it is a copycat of Washington Heights and prices are pretty much the same. The entire Hamilton area is considered affordable when compared to the rest of NYC.
Finding an affordable place to live in NYC can be a challenge, but it’s not impossible. Explore a bit and we are sure you’ll find quite a few NYC neighborhoods for your budget. Hopefully, one of the neighborhoods from our list will suffice. And if it is, start working on your moving plan and hire local movers Manhattan offers to introduce you to your new neighborhood. No one knows it better than them. Good luck.