Apartments for Low Income

Questions and Answers

Your Questions About Cheapest Apartments In Nyc For Rent

July 14, 2012

Linda asks…

Moving from NYC to Ohio?

In a few months, I might be moving from NYC to Columbus, Ohio for college and renting an apartment there. Do you think this will be a good transition? I’ve been in NYC all my life, so I’m very used to city life. Are there fun things to do over there? How’s the shopping? How’s the weather? The rent and economy? Are there cheap places for me to take, lets say, dance classes? Is there snowboarding over there?
you don’t have to answer all of my questions, but just more info on ohio would be nice. I just want to see if the transition to ohio will be smooth, even if its just for four years.
btw, i will most likely be very homesick for a while

Administrator answers:

Wow are you in for a culture shock.

Mandy asks…

Section 8 housing in NYC?

Does anyone know if a single student can apply for section 8 housing within NYC.My home life has always been extremely volatile,moreso now because of my working and sleeping habits so its become extremely necassary that i move out.However moving out in NYC is no easy or cheap task and because i go to school here Id like to stay here.

Ive considered getting together with a roomate and doing things that way but with the rent prices in New York im not sure my part time job could even cover half the rent of a 2 bedroom.

Ive also considered getting a loan to cover the apartment until i get out of school and get a full time job but Id prefer not to go through such drastic measures.

Any advice would be profoundly appreciated.

Administrator answers:

Section 8 does not cover student housing. It is for low income, working parents and the disabled.

Talk to the college housing, most have dorms for students. You can pay for them with student loans.

Regular apartments will not accept loans as payments, you are required to work and earn at least 3 times the rent.

Jenny asks…

To buy or rent a house or apartment?

I live in NYC. I love the idea of a house with a yard – but anything around NYC is VERY expensive. My family income is about $50,000 with no kids. In about 2-3 years I would like to consider having one, but only if I could get out of some of my debt and save for a dp.

This is all going to take a while – and there are several pros and cons of buying a condo vs. buying a house vs. renting and saving.

I donlt think homes are the best investment right now. You spend the first few years paying for the priviledge of borrowing!!! (Amortization charts are scary!!) not to mention that houses aren’t easy to unload these days – people are lowballing bids like crazy!

So should I buy a condo for cheap just to get into the housing market, wait longer renting as I save up for a happy house, or just rent forever and put my money in gold and China?

Administrator answers:

Real estate prices have been dropping for a while, so they probably wont drop much more. Intereset rates are near historic lows, so most likely will only go up.
If you can afford to buy now, do it. Better to pay rent to your self (mortgage) and have something to show for it down the road. Paying rent to someone else is just throwing money out the window.
Set a budget, stick too it, buy the place,,,even if you want to upgrade, you could always rent out the place you buy, have someone else pay the mortgage for you (make sure the rent you charge is equal to or better yet higher than what your actual mortgage payment is)

Robert asks…

what is up with the incentive to get pregnant asap?

cheaper apartments-food stamps and medicaid. girls my age 22 and even younger. then if I, who is in college and I want to get out of my mom’s house…rent is super expensive. I live in NYC >:|
I pay loads of taxes so I cant even save alot to move out. If I work a few hours more, I wont qualify for food stamps or even worst-lose my medicaid.

while, they pay less taxes and get everything. BS!!!
Yes but I am basically alone. if I need anything, I have to get it.
as to them, many women get pregnant on purpose….and they have been on it for years!!!

well I have things I want and goals!! one of them is to move asap… as to suck it up, no. Ya dont know how hard is to study when you cant focus in a loud house and other problems.
umm…i am not aggreeing with getting pregnant.

Administrator answers:

Mordecai is correct. If you have a child while on welfare then you and your child will be trapped in the vicious cycle of poverty. You will never be happy in the long run.

David asks…

Where could I live in Manhattan?

In a few years I’ll be moving to NYC. I’d like to live in Manhattan, maybe in the upper west side or midtown west? I’ve looked at Craigslist and NY Times at apartments and figured maybe I could find an unlisted one for a cheaper rent. I’m looking for something for less that $1000. Harlem seems cheaper but is it safe? I’m aware that in a few years things could change. Does anyone have any other ideas?
In a few years I’ll be moving to NYC. I’d like to live in Manhattan, maybe in the upper west side or midtown west? I’ve looked at Craigslist and NY Times at apartments and figured maybe I could find an unlisted one for a cheaper rent. I’m looking for something for less that $1000. Harlem seems cheaper but is it safe? I’m aware that in a few years things could change. Does anyone have any other ideas?

EDIT: Actually I found a few apartments advertised in Harlem for about $800 in the New York Times.

Administrator answers:

I was born and raised in NYC. Although I’m not in NYC now, my family is. Harlem does NOT have a gang problem. Plus, white people have invaded Harlem for the past 2 decades so many parts are gentrified.

You will not be getting anything in Manhattan for under $1000 unless the economy really falls apart. Then I moving back home to take advantage of the cheap rents.

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