If you don't-or if you’re an international employed person, self-employed, non-employed with assets, retired, or an international student or US student-you’ll need to find a guarantor for your lease who earns at least 80 times the monthly rent and lives in New York, New Jersey or Connecticut. To rent an apartment in New York City, most landlords require you (or you and your roommates combined) to earn an annual salary of at least 40 to 45 times the monthly rent. Speaking of bike lanes, Bed-Stuy has a vast network of them and many residents commute via bicycle. Those in the middle can walk, bike or take the bus. The north edge is serviced by the G train, the southern border by the A and C trains, and the eastern border by the J and M train lines.
Its ranking for the commute to Midtown and the Financial District category garnered just three stars. Subway access can be great or not so great, depending on where in the large neighborhood you live. These join existing buildings along the commercial thoroughfares of Fulton Street and Bedford and Nostrand avenues, where luxury buildings with amenities can also be found. The neighborhood gets big points for character, thanks to a significant number of low-rise, architecturally-pleasing, townhouse-style buildings on tree-lined streets, which give the area a quiet and relaxed feel.Īnd yet, new development is booming: Bed-Stuy leads the city as the neighborhood with the highest number of new development permits (22) filed as of earlier this year. In addition to character and nightlife, affordability is a considerable draw-in two years, the median rent for a two-bedroom increased just $150. The neighborhood took the number two spot in 2019-down from number one the previous year-and reclaims the top spot for 2021. “Known for historic architecture and its sense of community, Bed-Stuy is a worthy alternative for recent college grads and those priced out of nearby Williamsburg, Bushwick, and Fort Greene.” An influx of new cafes, bars, and restaurants enliven the area’s suburban residential feel,” says Omer Granot, Localize’s president and COO. “Bed-Stuy is booming in popularity among residents, business owners, and developers. Bed-Stuy’s dance and party scene is especially notable thanks to spots like rum bar and reggae den Lovers Rock and restaurant/bar and venue Bar LunÀtico, both of which survived the pandemic pause. Localize also factored in each neighborhood's commute to Midtown and the Financial District nightlife options popularity among 20-somethings bikeability (Citi Bike stations, bike lanes, and cyclist injuries) and safety (violent, burglaries, and drug-related crimes, excluding marijuana-related drug crimes) as well as the quality of open space neighborhood character and new development.īed-Stuy is the place to be if you want to live in a neighborhood rich in culture, with lots of options for restaurants, bars and nightlife. (It’s not a coincidence that many co-living companies, which tend to cater to a younger demo, operate apartments or entire buildings in many of the neighborhoods on our list.) Gung-ho about moving to New York but not interested in finding the apartment, furniture, and roommates by yourself? Check out a more-turn key approach to renting in NYC in "Brick Underground's guide to co-living spaces in NYC," where we break down the options for you.
#HEIGHTS THE LAST BASTION AFFORDABILITY FULL#
The team at Localize calculated affordability based on median rents for two-bedroom apartments (since most grads will be moving in with at least one other person-emphasis on "at least").Īnd for more guidance, be sure to check out our guide to "How to Move to New York City,” which is full of New York-style practical wisdom.
To determine Brick Underground's 2021 list of the best neighborhoods for recent grads, we turned to Localize.city-an AI-powered website that aims to tell renters and buyers what it’s like to live at any address in NYC. To zero in on a place to live in one of the most complicated real estate markets in the world, you need to find a reasonably-priced neighborhood (for NYC anyway) where you might actually enjoy living.
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