Where can you afford to live in NYC? This interactive map tells you
It's college commencement season, which means recent grads will soon begin moving into the city in droves. (In honor of that yearly tradition, we'll be kicking of "Welcome to New York" week on Brick next week — stay tuned for more.)
In keeping with the seasonal influx of college grads, StreetEasy has put together an interactive map allowing users to select their college major (there are 10 to choose from), the percentage of their annual salary they wish to spend on rent (from 30 to 50 percent) and how many roommates they want to have (between 0 and 2), and then see which neighborhoods they can afford to live in.
Among the findings, according to StreetEasy,
- If grads want to live alone, they will need to spend more than 30 percent of their income on rent.
- Only 2.7 percent of the city’s studio and one-bedroom listings were within budget for social science majors without roommates.
- Only 5.1 percent of all studio and one-bedroom rental listings were affordable to business majors living alone.
- Zero (yes, 0) of studio and one-bedroom listings were affordable to a solo education majors.
- Grad-friendly neighborhoods with high rental inventory and relatively low asking rents include: Crown Heights, Brooklyn; Astoria, Queens; Bedford-Stuyvesant, Brooklyn and Bushwick ,Brooklyn. In Manhattan, consider Washington Heights, East Harlem and Central Harlem.
We suggest you try out the map. ... it's endlessly entertaining. Spoiler alert: Those of us who were English majors should be prepared to have at least one roommate to live anywhere in the city. Hey, at least the experience could be fodder for a future memoir.
Related:
Want to live alone in Manhattan, Brooklyn or Queens? You'll need to make $96k a year
Moving to NYC? Here's a crash course in finding an apartment here
How to negotiate with a NYC mover: 7 tips that may save you bigtime
