Some info from the EV Grieve inbox via Zumper, an apartment rental listings site...
Here's some info that we've gathered:
Top three most expensive neighborhoods to rent a one bedroom:
• Tribeca ($4,180)
• Greenwich Village ($3,550)
• Garment District ($3,535)
Alternatively, here are the three most expensive neighborhoods to rent a two bedroom:
• Tribeca ($6,275)
• Battery Park ($5,650)
• Soho ($5,545)
We also found the neighborhoods where splitting a two bedroom with a roommate can save you the most money (versus each renting a one bedroom on your own):
• Greenpoint - Save 47.5% or $1,425 per bedroom ($3000 for a 1 bed vs. $1575 per bedroom for a 2 bed)
• Williamsburg - Save 43.3% or $1,220 per bedroom ($2820 for a 1 bed vs. $1600 per bedroom for a 2 bed)
• Murray Hill - Save 37.7% or $1,036 per bedroom ($2750 for a 1 bed vs. $1714 per bedroom for a 2 bed)
Here are the three neighborhoods where you'll save the least by adding a roommate:
• Battery Park - Save 15.7% or $525 per bedroom ($3,350 for a 1 bed vs. $2,825 per bedroom for a 2 bed)
• Soho - Save 20.8% or $728 per bedroom ($3500 for a 1 bed vs. $2,773 per bedroom for a 2 bed)
• Chelsea - Save 24.63% or $838 per bedroom ($3,400 for a 1 bed vs. $2,563 per bedroom for a 2 bed)
Finally, some overall stats so you can see how the East Village fares in all this. To the graphs!
For instance, one-bedroom apartments are less expensive here than in Greenpoint and Williamsburg...
...and two bedroom apartments almost seem like deals (!!) compared with other neighborhoods... only Murray Hill and the Lower East Side have (slightly) lower rents in the parts of Manhattan that Zumper surveyed for two bedrooms...
These lists can be a bit misleading. They don't take into account the quality of the apartments. A one bedroom in TriBeCa or Midtown is bound to have more emenities and a newer building than the East Village. So, of course the rent will be higher.
ReplyDeleteI'm not saying that one neighborhood is better than the other, but just think of the apartment situations before we start throwing around numbers for the sake of numbers.
I think the figures for the EV would be significantly different if the survey differentiated Alphabet City and the East Village proper. Historically and at present they're two very different neighborhoods. As someone who's currently apartment-hunting, those median rents look awfully low.
ReplyDeleteSince when did "Alphabet City" become a separate neighborhood?
ReplyDeleteOn another topic, the issue of differentiation is also size. A 2-bedroom apartment in the East Village is likely half the size of one in Brooklyn.
LES holding strong at the lowest rate, holla!!!!!
ReplyDeleteI live here and love my apartment. We have a super clean building (for anon 9:31).