- 1 - 4 BedsBds
- 1 - 2.5 BathsBa
- 1200 - 2200 SqftSqft
$1,850 USD / mo
The Big Apple, the center of the universe or the city that never sleeps. Whatever you call it, there’s no doubt that New York City is one of the most well-known in the world. While it’s no longer the capital of the United States, nowadays, the city is widely considered the financial, cultural and media capital of the world.
New York City is the most populated metropolitan area in the United States, with 8.5 million living across its five boroughs. It is also made up of a rich tapestry of different people and is consistently ranked among the best cities for young professionals, millennials, college grads and art lovers.
Around the size of Los Angeles, New York City is one of the largest megacities in the world, sprawling over 469 square miles.
Both Boston and Washington, DC, are about a 5-hour drive away from New York City.
With an average temperature of 76ºF, July is the hottest month in New York City, while January, the coldest, averages out at around 35ºF. Following four clear seasons, you can expect winters to be cold and wet, with an average of 25” snow per year. With a humidity level of around 72%, summers are typically warm and sunny. The transitional seasons of spring and fall are generally mild, though variable.
Bustling with career opportunities, some of the nation’s best universities, vibrant nightlife, outstanding cultural scene and rich in ethnic diversity (over 800 languages are spoken here), New York City has something to offer to everyone.
Living in a megacity doesn’t come cheap, and New York City is among the most expensive cities in the U.S. Average rents have increased drastically in the last decade.
New York City commute times are far higher than average. Most commuters rely on the public transport system, which is coincidentally the busiest in the Western hemisphere.
The price for a three-course meal for two in a mid-range restaurant in New York City can range between $60 and $130, while the cost of a cappuccino is around $5.
The monthly utility bill for a 915 sq. ft. apartment is $130 on average, and this will include electricity, heating, cooling, water, and garbage disposal. It’s worth noting that the figures are actually lower than the national average of around $160.
The standard fare for subway and local bus rides is $2.75 for adults. Over half the city’s residents use public transportation to commute to work, so it’s worth buying a reloadable NYC MetroCard for frequent rides.
The average rent for an apartment in New York City is $3,902 per month.
The average apartment size in New York City is 707 sq. ft.
Rent for a studio apartment in New York City ranges between $689 and $49,000 per month.
Rent for a 1-bedroom apartment in New York City ranges between $460 and $20,000 per month.
Rent for a 2-bedroom apartment in New York City ranges between $1,075 and $75,000 per month.
Rent for a 3-bedroom apartment in New York City ranges between $804 and $125,000 per month.
Midtown Manhattan enjoys a global reputation not just for its iconic skyline but also for being the largest central business district in the world, with several media and print journalism companies based here. The New York Stock Exchange also marks the city as a global financial hub. With over 62 million visiting The Big Apple in 2019, the tourism and hospitality industries are also flourishing. The city is hot on California’s heels when it comes to becoming the Silicon Valley of the east, and it’s also a popular spot for young professionals and startups.
New York’s large population means that all five of the city’s top employers come from the public sector; the NYC Department of Education, the Metropolitan Transportation Authority, the City of New York, the New York Health and Hospitals system and the U.S. federal government. Citigroup and JP Morgan Chase are the top employers within the metro area in terms of privatized companies.
|Not for Profit Companies||412,357|
Serving over 1 million students, the New York City Department of Education is the world’s biggest public school system. It serves more than 1 million students, with the government spending almost $20,000 per student per year. This is more than any other state.
Schools of all shapes and sizes can be found in NYC, including public, private, public charter, all accepting students from grades K through 12. In terms of high schools, NYC is home to 9 top-rated and highly competitive specialized schools that cater to artistically and academically gifted students.
With over one hundred colleges and universities accepting 600,000 students, there’s plenty of options available for those pursuing higher education in NYC. Public universities are managed by The City University of New York (CUNY) public university system. It serves over half of the city’s college students, with campuses spread across all five boroughs.
The most notable examples of private universities are New York University, City College of New York and the Ivy League school, Columbia University. In addition, there’s the New York City College of Technology and other niche universities such as the Cooper Union for the Advancement of Science and Art and Parsons The New School for Design. Yeshiva University and Fordham University are also worth noting. The latter is also the oldest Roman Catholic University in the northeast.
It goes without saying that a stroll through Central Park, the most visited park in the U.S., should make the top of your list of free activities in New York City. Within its 843-acres, you’ll find running trails, areas for bird-watching, art and sculpture gardens, a series of summer concerts, the Central Park Zoo, an ice rink and the Tavern on the Green Restaurant. A walk over the famous Brooklyn Bridge grants you fine views over the iconic skyline. Times Square is a premium tourist destination and is a great place to do some shopping.
Sports fans are spoiled for choice in New York City. Head to Madison Square Garden to see the New York Rangers play at The Garden, or while you’re there, check out the New York Liberty, catch the Knicks, or even the St. John's University basketball team. Alternatively, head to the Bronx to see the Yankees. For fans of the NFL, the New York Giants and the Jets are just a short trip over to New Jersey.
Taking in over 30-million artifacts and a plethora of hands-on exhibits, the American Museum of Natural History will be a hit for kids, big and small. The Statue of Liberty is another must, where you can take in the view from the great lady’s crown or head to the Ellis Island Museum. Next, why not head to the iconic Empire State Building and enjoy the dizzying view from the Top of the Rock Observation Deck.
One of the best attractions for couples is The Highline, a former freight railway that has been transformed into an elevated urban park. It offers intimacy and a tranquil retreat from the hubbub of the city.
New York City is jam-packed with culture and art, and you could spend a lifetime trying to take it all in. Some must-see places include the Museum of Modern Art (MOMA), home to a vast array of works that have defined society’s opinion of what art is. For something a little more classic, check out the Metropolitan Museum of Art, which boasts a collection of over 2 million artworks. After that, why not take in a show on Broadway or a ballet at the world-famous New York City Ballet?
Whatever your taste, you’ll find your favorite dishes in NYC. The city is home to more Michelin Star-winning restaurants than anywhere else in the U.S. The best restaurants in NYC include the renowned Peter Luger Steakhouse in Williamsburg, which has ranked as the city’s best steakhouse for 32-years, and the exquisite Le Bernardin in Midtown, which specializes in French seafood. For high quality but more affordable, options include the sumptuous Italian style L’Artusi in West Village or the Indian-inspired Graffiti in East Village.
The first thing to bear in mind is that the housing market is very dynamic, so even if you don’t find something that fits your price range straight away, something is bound to come up eventually. You should, however, plan ahead and consider your options. The city has several schemes in place to help low and moderate-income tenants find affordable housing options. It’s well worth registering with the city housing department to ease your search for a qualifying property.
There are some apartments in the city that are prone to issues with bed bugs. So, be sure to check the Bed Bug Registry when seeking an apartment. Always ask for full disclosure of any potential issues with pests before signing a rent agreement, but be aware that landlords are not obliged to disclose prior problems with rodents. The best practice is to either ask upfront, or if you still have concerns, check the log of rodent incidents in the buildings you’re considering by logging on to the city government website.