It’s a commonly accepted fact that what we spend in monthly rent here in New York City could buy an entire house -- a nice one, at that -- pretty much anywhere else in the country (except maybe San Francisco).
But rent still goes much further in some neighborhoods than in others -- or, at the very least, will secure you a very different type of apartment. In Long Island City, for example, luxury high-rises are easier to come by than prewar brownstones or industrial lofts. And in other corners of New York City, modern comforts (elevators, dishwashers, and high-tech security systems) are readily exchanged for square footage.
To see just how far your monthly paycheck can go, we looked at apartments currently on the market for $2,250 a month across a dozen neighborhoods -- from still-coveted SoHo to lesser-known communities in the Bronx and the up-and-coming (or up-and-came) neighborhoods of Brooklyn. While that may sound steep, that price will keep you out of 200sqft bedbug-infested studios with a bathtub in the kitchen, while still saving you more than $800 off the average NYC rent, leaving you enough money for your monthly subway pass, utilities, and other basic living costs.