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5 Awesome and Affordable Neighborhoods in NYC

July 28th, 2014 : The Naked Apartments Team

Affordability is key for many young renters today and it can be hard to find a cheap place to live in a cool and fun New York City neighborhood.  But it’s not impossible to find a deal. There are exciting, thriving neighborhoods located throughout the five boroughs where you can find reasonable rents. Here are five, one in each borough, to consider:

1. Inwood (Manhattan)

For those who can’t bare to live anywhere but Manhattan but don’t want to break the bank, it can be really hard to find a good place. Inwood, tucked away at the very top of the island, may not be the most convenient location for some, but it is definitely worth it for affordability-minded Manhattanites. And the parks, restaurants, places to shop, not to mention the gorgeous nearby Cloisters museum make it fun, peaceful, and comfortable.

2. Gowanus (Brooklyn)

For those seeking a place in Brooklyn but don’t mind a little bit more of an industrial vibe, Gowanus may be for you. Located adjacent to Park Slope but without the high price tag, the neighborhood is becoming the next Long Island City, with small businesses, bars, restaurants, and cheap apartments springing up along side the pre-existing warehouses. And it is conveniently located from a commuter’s point of view. Union Street, one of the main thoroughfares, is only one subway stop from Atlantic Terminal.

3. Ridgewood (Queens)

This rich, diverse, and historic neighborhood is becoming increasingly popular as young people begin to move there, due to the rising rents in nearby Bushwick and Williamsburg, Brooklyn. The neighborhood boasts some truly great ethnic eateries. It is also lively, so it’s a great place to live if you like energy, hustle, and bustle. It’s also great if you spend a lot of time in north Brooklyn but don’t want to pay Williamsburg prices.

4. Riverdale (Bronx)

For some, the boogie-down Bronx has a reputation for toughness and cheapness but not necessarily safety. This is an unfair stereotype. There are plenty of inexpensive neighborhoods in the borough that are also great places to live and bring up a family. One example is Riverdale. With a suburban feel, the area is affordable, quiet, safe, and located near the beautiful and immense Van Cortlandt Park. It is also easier for commuters than you would think due to its vicinity to both the subway and Metro North.

5. St. George (Staten Island)

While less urban than the other boroughs, Staten Island is still a great place to live especially if you like value for money and don’t care too much about a long commute. St. George is a great example of a neighborhood that breaks the usual expectations for S.I. It is a haven for creative types, great for finding a place to eat, and the most convenient location if you have to catch the Ferry. It is also notable for its small town feel, rare for the city.

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