Glyn Ramsay. Home Design. January 12th , 2018.
This article is a guide that will help make the process of finding an apartment in this "crazy city" easier, more efficient and less confusing (it might even save you a couple of dollars in the process). It is all laid out in an easy to follow 6-step process. This may seem like the easy part because you obviously want to be in an area that is convenient, trendy and safe, however you will soon figure out nothing is that easy in New York City. You need to determine what neighborhood fits your personality/life style and at the same time determine what kind of space/amenities you will need. For example you may work in the East Village and love the energy there but are you willing to pay the steep price tag for a "shoe box"(and by "shoe box" I mean a tiny apartment) in a run down building that is a 4th floor walk-up. Do you feel comfortable living in an area where its a constant party scene every night?
Since this trend has been on the rise during the past few years, now you can find many apartments for sale and also apartments for short term rent that can be chosen according to your requirements. There are also several good houses for sale available in nearby areas but due to the high prices, they are not suitable for many interested homebuyers. In terms of apartments there are broadly two categories, namely, luxury apartment projects and micro apartments available for consideration.
Once you have an idea of which neighborhoods you prefer to live in, now you have to determine if your a budget is realistic. Determine what is the average price for an apartment for those neighborhoods. How? I recommend going to a website called apartmenthero.com. This website will provide current market averages for every size apartment rental in every neighborhood in the city. Results are usually pretty accurate but sometimes they can be a little off, about plus or minus $300. When you first enter the site you will be prompted to enter information to compare your current apartment to the current market rate. If youre a "newbie" and do not have an apartment yet, go to the right column of the website, click on "average rents in Manhattan". Another great way is to do your own research on nytimes.com. I find that nytimes.com rental listings are much more accurate and up to date, as opposed to Craigslist and other sites where there are tons of bait & switch scams.