The Most Expensive Neighborhoods in New York City

Is the Big Apple calling your name?


If you’ve always wanted to wake up in the city that never sleeps, you’d better be ready to spend; New York City is known for having some of the highest real estate prices in the world. An average budget will get you a shoe-boxed sized room in Manhattan if you’re lucky, so if you prefer to have your kitchen and your toilet in two different rooms (ooh, fancy!), then be prepared to pay some exorbitant prices. Here are 12 fantastic but expensive NYC neighborhoods that only the wealthy are lucky enough to live in.

Sutton Place

Rent for a 1,000 square foot apartment: $5,140

This sophisticated burrow on the Upper East Side exists between 53rd and 59th Street and borders on the East River. Once home to some of the wealthiest families in America including the Vanderbilts and the (J.P.) Morgans, Sutton Place now houses many diplomats who work at the nearby United Nations headquarters.

Roy Googin / Own Work

Roy Googin / Own Work

Murray Hill

Rent for a 1,000 square foot apartment: $5,170


Murray Hill might not be as flashy as some of its neighboring areas but it’s one of the few neighborhoods where you can snag a quintessential New York brownstone rather than an apartment. Just steps away from the glamour of Madison Avenue, this east midtown area is home to many post-grads and is becoming popular with families, resulting in a recent upswing in the rent.

Battery Park

Rent for a 1,000 square foot apartment: $5,230

It’s no wonder the rent in this waterfront Manhattan neighborhood is so high; due to its proximity to Wall Street, Battery Park is a favorite among high powered business execs with big salaries. Yet despite being right downtown, The Battery, located on the southernmost tip of the island, offers a strangely suburban vibe with its tree lined bike paths and nearby baseball diamonds.

f11photo /

f11photo /

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