Finding an affordable place to live in New York City can be a challenge, to say the least. But if you’re willing to do a little digging (and are open to living in the Bronx), you might just be surprised at what you can find.
In this post, we’ll share eight of our favorite affordable homes in the Bronx. From cozy apartments to spacious single-family homes, there’s something for everyone on this list. So if you’re looking for an affordable place to call home in NYC, be sure to check out these homes in the Bronx. You just might find your perfect match!
1. The Bronx
The Bronx is one of the five boroughs of New York City,Us and is located north of Manhattan and Queens. It is the only borough that is located on the mainland. The Bronx has a population of 1,471,160 people. The borough has an area of 42 square miles and is the third-largest borough in New York City by land area.
The Bronx is home to six percent of New York City’s population but its population density is nearly double that of Manhattan. The Bronx is known for its diversity. There are over one hundred different nationalities represented in the borough and more than eighty percent of residents speak a language other than English as their primary language.
The Bronx is also home to many famous landmarks and attractions, such as Yankee Stadium, the Bronx Zoo, and the New York Botanical Garden. Despite its reputation, the Bronx has a lower crime rate than the other boroughs of New York City. In recent years, the Bronx has been undergoing a renaissance with new investments in housing, education, and infrastructure.
The borough has also been designated as one of the most livable areas in New York City. There are many affordable homes available in the Bronx for families looking for a place to call home.
2. Riverdale
Riverdale is a neighborhood in the Bronx, New York City. It is bounded by Yonkers to the north, the Bronx River to the east, 250th Street to the south, and Van Cortlandt Park to the west. Riverdale Avenue runs through the neighborhood. The area largely consists of low-rise residential buildings and is known for its quietude and attractive green spaces.
According to recent estimates, the median sales price for a home in Riverdale is $1.2 million. Although this figure may seem high, it is still lower than the median price for a home in Manhattan, which is currently $1.6 million.
For families looking for an affordable place to live in New York City, Riverdale is definitely worth considering. The neighborhood offers a peaceful suburban feel while still being located within easy reach of all that New York City has to offer.
3. Fieldston
New York City is notoriously expensive, and finding an affordable place to live can be a challenge. However, there are some hidden gems in the Bronx that offer quality homes at a fraction of the cost of other boroughs. One such neighborhood is Fieldston.
Located in the northwest corner of the Bronx, Fieldston is an affluent community with a quiet, small-town feel. Despite its idyllic setting, Fieldston is still just a short subway ride away from Manhattan. The area is also home to top-rated public schools, making it a great option for families.
If you’re looking for an affordable place to call home in New York City, be sure to check out Fieldston.
4. Spuyten Duyvil
Spuyten Duyvil is a neighborhood in the Bronx, NYC known for its affordable homes. The area is convenient to public transportation and close to several parks. Bronx residents have access to some of the best public schools in the city, making it an ideal place to raise a family.
Spuyten Duyvil is also home to a variety of businesses, including restaurants, cafes, and shops. The neighborhood has a strong sense of community, and its residents are proud of their accomplishments.
Despite its challenges, Spuyten Duyvil is a great place to live and work. Those who are looking for an affordable place to call home in NYC should definitely consider this vibrant community.
5. Marble Hill
The borough of Bronx is well known for its affordable housing options. One such option is the neighborhood of Marble Hill. Marble Hill is located in the northwestern part of the borough and is bordered by several parks, making it a great option for nature lovers.
The area is also home to a variety of shops and restaurants, as well as top-rated schools. For those looking for an affordable place to call home in NYC, Marble Hill is definitely worth considering.
6. Kingsbridge
The Kingsbridge section of the Bronx is one of the most affordable places to live in New York City. The neighborhood has a strong sense of community and is well-connected to the rest of the city. The average rent for an apartment in Kingsbridge is $1,200, which is significantly lower than the average rent in Manhattan.
There are also a number of affordable housing options in the neighborhood, including public housing and Section 8 apartments. In addition, Kingsbridge has excellent public transportation options, making it easy to get around without a car. The subway line runs through the center of the neighborhood, and there are also multiple bus routes.
Thanks to its affordability and convenient location, Kingsbridge is an excellent option for people who are looking for an affordable place to live in New York City.
7. Van Cortlandt Village
The Bronx is one of the most populous boroughs in New York City, and it is also home to some of the most affordable housing. One such neighborhood is Van Cortlandt Village, which is located in the northwest corner of the borough.
The area is known for its tree-lined streets and brick row houses, and it has a wide variety of shops and restaurants. Van Cortlandt Village is also close to several parks, including Van Cortlandt Park, which is one of the largest parks in the city.
If you’re looking for an affordable place to live in NYC, Van Cortlandt Village is definitely worth considering.
8. Woodstock
The Woodstock neighborhood of the Bronx is one of the most affordable places to live in New York City. Nestled between Kingsbridge and Morris Heights, Woodstock offers a variety of housing options for families and individuals of all income levels.
While the area has seen an influx of new development in recent years, vacancy rates remain high and rents are relatively low. In addition, the neighborhood is served by multiple bus lines and is just a short subway ride from Manhattan.
As a result, Woodstock is an ideal place for those looking for affordable housing in New York City.
In conclusion
Overall, the Bronx is a great borough to consider if you’re looking for an affordable place to live in New York City. The neighborhoods of Spuyten Duyvil, Marble Hill, Kingsbridge, Van Cortlandt Village, and Woodstock are all great options for those on a budget. In addition, the Bronx offers excellent public transportation options and is home to a variety of shops and restaurants. So if you’re looking for an affordable place to call home in NYC, be sure to check out the Bronx!