New York is the largest US city and among the World’s top 15 most expensive places to live. This metropolis is populous, and the real estate market is quite competitive.

The median income in New York is approximately $10,000 higher than the national median, but the costs associated with purchasing a New York home are more than double the national average. In addition, the average rent for a two-bedroom apartment is approximately $2,500 a month.

Downtown New York presents its residents with a combination of classic cobblestone streets and commercial skyscrapers, as well as a culturally diverse list of communities. The neighborhoods located within this area include Battery Park, Chelsea, Greenwich Village, SOHO, Tribeca and the West Village. Some neighborhoods in Downtown offer close-knit communities, thus giving their residents a small town feel. Others provide their residents with modern architecture and a luxurious atmosphere. Each neighborhood has its own style of townhouses, condos and rental apartments. All are within walking distance to some of New York’s most renowned tourist attractions.

The Upper East Side is quickly becoming an attractive option for those looking to find a home in the city. It includes such desirable neighborhoods as Lenox Hill, Midtown East, Carnegie Hill and Murray Hill. This area promises its residents an incredible view of the East River and a close proximity to some of the city’s finest dining and entertainment venues. Also, those working in the business districts nearby can benefit from a short commute.

The Upper West Side is comprised of trendy residential neighborhoods, such as Central Park West and Morningside Heights. Upper West Side dwellers love the area for it spectacular architecture and breathtaking views. In addition, the neighborhoods in this area are fairly close to the Lincoln Center, the Theater District and several of the city’s hottest restaurants and bars.

Each area of New York offers a diverse mixture of neighborhoods, and each neighborhood presents its own distinct personality and culture. Those seeking a home in the city will be able choose from a wide range of townhouses, condominiums and rental apartments.