Manhattan is notoriously known for its high rent prices and small living spaces, yet it’s still home for over a million people that inhabit this small island. If you are just moving to New York or considering moving around the city, you might find it helpful to know what to expect to pay for rent as you begin your search for a new home and a new roommate.
We analyzed our own data of Diggz users that are looking for a roommate to fill their available room for rent and compiled a map indicating the average rent price for a single room in each Manhattan neighborhood. Note that apartments vary in size, the number of rooms and bathrooms, available amenities, furnishings, and other considerations.
Let’s start with the most expensive neighborhoods according to apartments posted on Diggz. To our Surprise, Battery Park comes on top with a room costing on average $1,920 a month. This can be explained by the new developments, luxury living and the recently completed Brookfield place, and the many new restaurants and shops in the area. Gramercy, the West Village and Soho are also within the more expensive areas to live in Manhattan, with an average rent price for room of over $1,700 a month.
If you’re looking for an average priced room in Manhattan, there are many different areas to choose from ranging from the Financial District, the Lower East Side and the East Village in downtown, to Midtown and the Upper West Side in uptown, with rent prices ranging between $1,500 to $1,600.
China Town and Little Italy with their proximity to so many great neighborhoods like Lower East Side, Soho and the East Village and the fact that these areas can hold their own, an average rent price of $1,475 seems to be a great value. Surprisingly in Chelsea, which is typically considered a pricey neighborhood, the average rent price for a room by Diggz users was $1,575 with some really nice and affordable rooms for rent.
If you are looking for a bargain and living under $1,400 a month, you should look to venture into upper Manhattan where you will find both lower rents and bigger apartments. Living in the Upper East Side, Washington heights, Harlem or East Harlem will give you a bigger bang for the buck.
Want to see some of the Diggz listings available in Manhattan? Click here to search for rooms for rent & roommates in Manhattan