Still Gotta Pay To Live in Manhattan

Rents these days! For all this chatter about a recession, it’s still awfully expensive to live in Manhattan.

Taking a quick gander at the average rents for Manhattan neighborhoods in Citi Habitats’ October rental report, two things become abundantly clear: Most people can’t afford to live in Soho/Tribeca and all spendthrift renters need to move up to Harlem.

There, you can live still live in a studio and pay less than $1,200 a month. The Lower East Side is the cheapest place to rent a studio south of 110th Street, but even that will set you back just over $1,600 a month.

With studio rents at $2,400 a month and one-bedroom apartments at $3,653, Soho/Tribeca tops out as the island’s most expensive enclave, although the West Village and Chelsea aren’t far behind.

Follow Oliver Haydock via RSS.

NYC real estate Search by Living There
to