8 ms·
The average Manhanttan apartment is ~3.5k a month. I'd say you likely got lucky if you lived comfortable on a 50k salary.
by Touche 8y ago
The average Manhanttan apartment is ~3.5k a month. I'd say you likely got lucky if you lived comfortable on a 50k salary.
- huebnerob 8y agoPeople always forget that Manhattan goes all the way up into the 200s of streets. You can live in Manhattan on pretty much any budget imaginable. Whether you should is another question. The East Village also goes all the way out to Avenue D, and the West Side, to 12th Avenue. These are transit deserts relative to the rest of the island, and priced accordingly.
- rcpt 8y agoRight. Yet all of SF is a transit desert relative to Manhattan and is still priced about the same.
- NikolaeVarius 8y agoI never know why people trot these prices out. Literally nobody I know actually pays 3.5k a month for rent, and a majority of my friends are in the software field in one way or another. The most that anyone pays is like 1.8k
- ericd 8y agoIf you want to live without roommates (you have a family, or you just like living alone), you're probably paying more than 1,800/mo.
- throwaway427 8y agoAnd/or you have a lease started after 2016/17.
- Alex3917 8y ago1,800 will get you a nice 2BR if you're willing to accept a 45 min commute. Even in nicer neighborhoods, e.g. a 2BR in Riverdale is 2,000 - 2,400.
- dajohnson89 8y agoThe Riverdale is not manhattan...but yes you're correct.
- Alex3917 8y agoYeah it's basically the suburbs, but a 10 min walk from the subway. And within the last two years there are actually lots of good restaurants in the area now.
- deleted 8y ago[deleted]
- NikolaeVarius 8y agoWell yes, if you don't want to make basic concessions, you have to pay more money. I find generally fiscal rationality trumps not having a roommate.
- deleted 8y ago[deleted]
- closeparen 8y agoMiddle class professionals can normally afford their own places with ~30 minute commutes. If I need a roommate to make things work financially, I’m in the wrong job or the wrong city.
- Touche 8y agoBasic concessions like not having a family? People aren't 25 their entire life.
- deleted 8y ago[deleted]
- gammateam 8y ago> Literally nobody I know actually pays 3.5k a month for rent Thats because rent numbers are based on the 1.34% rental vacancy supply on the market at that point in time, self-reported by landlords. People very frequently move in with people and other arrangements. So less than half or even 1/4th of new renters any given year actually pay the "market rent".
- akhilcacharya 8y agoI pay $2.6k a month in rent. I have friends that pay $3.1k+ in New York and Boston and Seattle (Seattle is a bit of a different story but nonetheless). I was talking to a guy the other day living in a sub400 sqft place in lower manhattan in a non-luxury unit paying $2.5k.
- randallsquared 8y agoI moved to NYC in March. I pay more than 3.5k a month for rent. The reason for that is that places with a reasonable commute time to and from flatiron are really terrible below ~3k, by the standards of most places which are not NYC or SF. I worked remotely for more than two years before that, so my tolerance for commute was quite low (my NYC commute is about 20 minutes on average, and when I first moved here, it was sooo long), and I was coming from a place where ~1K/mo can get you 3000 sq ft plus a basement and over half an acre.
- bobthepanda 8y agoIt depends on what you're looking for. If you would like a package room, that's extra. In unit washer dryer, that's extra. Doorman - extra. Reasonable commute - extra. AC - extra. Even more money if you want to live in a fashionable neigborhood (Chelsea, Hell's Kitchen) or spitting distance from a university (Washington Square, Union Square, Morningside Heights) or both (St. Mark's)
- deleted 8y ago[deleted]
- Finnucane 8y agoAll the cool kids live in Brooklyn or Queens.
- semi-extrinsic 8y agoI was just wondering - how difficult is it to commute by bike in from e.g. Brooklyn? NYC seems pretty flat, so biking could get you there quicker than by car if there's a lot of traffic.
- killa_kyle 8y agoI commuted for years from Queens and Brooklyn to Wall St. NYC is mostly flat, good to commute during the nicer months.
- devereaux 8y agoMeanwhile, hackers live in Jersey
- electricslpnsld 8y agoHell, I managed Manhattan for three years on <30K during grad school with money leftover to take trips here and there and party a bit on the weekends. I wasn’t living like a king, but it’s 100% doable. Get a roommate in Washington heights near the A, be smart about your grocery purchases, get an unlimited metro card and don’t take cabs or Uber.