Verified answer

To rent or to buy?

To rent, well, rents in Manhattan are very high, so a little tiny one-room studio apartment in a remote part of Manhattan might go for, say, $1000 a month if you're lucky, and you'll be one of dozens of people who show up for it, so be careful, a big scam here is to take security deposit money from, like, a dozen desperate people for the same apartment and then split with the cash!

To buy, you're probably looking at a minimum of $500K in Manhattan for a 1-bedroom apartment. And, it's not easy to get into these buildings either, you have to apply and go through a rigorous interview and financial audit process to be accepted, too!

Good luck, and the link below is to a webpage about what it really costs to live in New York City...

This Site Might Help You.

RE:

How much do apartments in NYC cost?

Im lookin for an apartment in NYC . I was just wondering how much the most inexpensive apartments are in Manhattan.

well it kinda depends what you want.....if you want a nice lavish pent hour apartment it could probly cost about 25000 but if u want a smelly tiny studio right on the street that could cost about 1000 dollars a month i suggest finding something nicer in brooklyn or staten island cuz ur still clost to the city

If you need to ask here you probably can't afford it.

To quote I figure I would be very surprised if you can find anything, like a tiny studio flat, at less than $1000 per month + utilities

Ian M

You gotta be rich to live there, I live accorss the river from there in Brooklyn, and that s even expensive a month