If you’re interested in a one-bedroom apartment for less than USD 400 a month in New York City, the Bronx may be the perfect place for you. The Bronx has good housing stock and great neighborhoods, and the price of a one-bedroom apartment is less than half the price of many Manhattan apartments. To find an apartment for less than USD 400 a month in the Bronx, start by reading about HDFC. Its listing agent, Diane Cane, says it’s a “real one-bedroom apartment.”
The economic situation is a big reason for the increasing demand for apartments in New York City. The state’s economy has grown in recent years and many rundown properties are being renovated to create new apartments. In Buffalo, Utica, and Syracuse, the demand for loft-style apartments is also rising. As more people move to these cities, more properties will be renovated into luxury apartments. Be prepared to sign a lease for a shorter time if you want to make the most of your apartment.
Despite its high price, Manhattan apartments are not impossible to find. While you will probably have to share living space with others in an apartment under USD 400 a month, you can get a room of your own in a decent apartment. In Manhattan, Washington Heights, Inwood, and Long Island City are prime neighborhoods for affordable apartments. In Queens, Bushwick and Union City are also great choices.
