Queens will reign supreme in 2024 after a record-breaking year for the borough in 2023, as both renters and would-be buyers looked farther from Manhattan in search of more affordability. While Queens remains hot, driven by a boom in new developments in recent years, StreetEasy® predicts Manhattan will start to regain popularity among renters this year as its rental prices begin to drop. Trendy sub-neighborhoods of ever-popular areas like SoHo and the Upper East Side will take the lead in the borough.
We define our top 10 NYC neighborhoods to watch in 2024 as those that saw the greatest increases in searches on StreetEasy among buyers and renters from 2022 to 2023.
No. 1 on our list this year is Ridgewood, a Queens neighborhood northeast of Bushwick, Brooklyn. Buyer and renter searches in Ridgewood jumped 10.7% from 2022 to 2023, reflecting its growing popularity as an alternative to nearby Bushwick and Williamsburg. The median asking rent in Ridgewood was $3,000 in 2023: 31% lower than $4,400 in Williamsburg, and 8% lower than $3,250 in Bushwick. With apartments averaging at lower price points — and offering more square footage to share with roommates — compared to nearby areas, Ridgewood also ranked second on our list of the top neighborhoods for college graduates in 2023. The neighborhood boasts lively restaurants and bars in addition to vintage shops, art galleries, and bookstores. Buyers can find plenty of options, from modern condos with on-site parking to historic rowhouses with elaborate architectural details. Amid rising buyer interest, Ridgewood’s median asking price held steady at $1,149,500 in 2023, the same as 2022.
Ridgewood Rentals on StreetEasyArticle continues below
Ridgewood
60-74 69th Avenue
$3,450No Fee
3 |
2
Ridgewood
1655 Palmetto Street
$3,000No Fee
2 |
1
Ridgewood
1661 Summerfield Street
$2,796No Fee
1 |
1
Ridgewood
550 Onderdonk Avenue
$2,900No Fee
2 |
1
Ridgewood
68-07 Forest Avenue
$3,600No Fee
4 |
1.5
Ridgewood
2021 Grove Street
$2,899No Fee
2 |
1
Ridgewood
786 Seneca Avenue
$2,295No Fee
1 |
1
Ridgewood
60-62 Catalpa Avenue
$3,000No Fee
2 |
1
Ridgewood
1671 Summerfield Street
$2,995No Fee
1 |
1
Ridgewood
609 Fairview Avenue
$2,299No Fee
1 |
1
Ridgewood
176 Woodward Avenue
$3,135No Fee
1 |
1
Ridgewood
176 Woodward Avenue
$2,825No Fee
1 |
1
2. Hunters Point (Long Island City)
Coming in at No. 2 is Hunters Point, a sub-neighborhood in the southern part of Long Island City, Queens. New condo buildings are the name of the game in Hunters Point, where the $4,200 median asking rent is more in line with Manhattan than other parts of Queens. The median asking price increased by 5.8% in 2023 to just over $1.2 million, well above the borough median of $641,600. Searches in Hunters Point rose 9% year-over-year, suggesting buyers and renters are drawn to the neighborhood’s amenity-rich condos, waterfront location, and proximity to Manhattan — a commute as quick as one stop on the E, F, or 7 train. In addition to its high-rise residential buildings, Hunters Point’s primary attraction is Gantry Plaza State Park, a 12-acre green space and promenade along the East River featuring the iconic Pepsi-Cola sign and breathtaking views of Manhattan.
Hunters Point Homes for Sale on StreetEasyArticle continues below
Hunters Point
26-26 Jackson Avenue
$880,000
1 |
1
Hunters Point
5 Court Square West
$899,888
1 |
1
Hunters Point
45-44 Vernon Boulevard
$5,000,000
4 |
4.5
Hunters Point
46-40 Vernon Boulevard
$850,000
1 |
1
Hunters Point
5-09 48th Avenue
$695,000
Studio |
1
Hunters Point
4-74 48th Avenue
$649,000
1 |
1
Hunters Point
4-74 48th Avenue
$670,000
1 |
1
Hunters Point
21-30 44 Drive
$2,500,000
3 |
3
Hunters Point
44-27 Purves Street
$999,999
1 |
1
Hunters Point
2-17 51st Avenue
$925,000
Studio |
1
Hunters Point
4-74 48th Avenue
$885,000
2 |
2
Hunters Point
22-43 Jackson Avenue
$1,100,000
1 |
1
3. Hudson Square (SoHo)
This growing sub-neighborhood of SoHo landed third on our list, boasting an 8% increase in searches from 2022 to 2023. Located in the western part of SoHo between the West Village and Tribeca, Hudson Square was officially added to the StreetEasy neighborhood database in 2017, after a rezoning in 2013 led to rapid development in the area. In just the past year, Hudson Square’s median asking price ballooned by 20.7% to nearly $3.5 million, while its median rent rose by 7.2% to $7,500, making it the most expensive neighborhood on our list. A slew of luxury condo and rental buildings, many constructed within the past five years, are propping up the neighborhood’s prices. Large employers such as Google and Disney have also set up shop in Hudson Square, further attracting residents and developers. Notable spots old and new include the legendary Ear Inn, the SoHo Playhouse, Pier 40 at Hudson River Park, and the towering, five-star Dominick Hotel. Apart from shiny new condos and office spaces, Hudson Square also contains the Charlton–King–Vandam Historic District, home to the city’s largest concentration of Federal-style and Greek Revival rowhouses built in the early 19th century.
Hudson Square Rentals on StreetEasyArticle continues below
Hudson Square
77 Charlton Street
$7,595No Fee
1 |
1
Hudson Square
565 Broome Street
$12,000No Fee
1 |
1
Hudson Square
70 Charlton Street
$18,500No Fee
3 |
3
Hudson Square
171 Sixth Avenue
$10,650No Fee
5 |
2
Hudson Square
171 Sixth Avenue
$12,495No Fee
5 |
3
Hudson Square
565 Broome Street
$7,200No Fee
Studio |
1
Hudson Square
22 Renwick Street
$9,800No Fee
2 |
2
Hudson Square
37 King Street
$3,600No Fee
Studio |
1
Hudson Square
305 Spring Street
$2,950No Fee
Studio |
1
Hudson Square
570 Broome Street
$12,500No Fee
2 |
2.5
Hudson Square
111 Varick Street
$8,800No Fee
1 |
1
Hudson Square
100 Vandam Street
$25,000No Fee
4 |
3.5
4. Jackson Heights
Jackson Heights, Queens ranked fourth on our list due to a 5.4% increase in buyer and renter searches in 2023. Jackson Heights is one of the most diverse neighborhoods in NYC, boasting a wide range of people, languages, and cuisines from all corners of the world. The neighborhood’s rising popularity is likely due to its more affordable price point, with a median asking price of $399,250, plus a 30-minute commute to Midtown Manhattan by subway. In the heart of the neighborhood, residents can enjoy the 34th Avenue Open Street, a 1.3-mile stretch of car-free space (the longest in the city!) with community events all year round. Travers Park, renovated in 2020, offers a spacious lawn and play areas for all age groups. Buyers can expect co-ops with ornate pre-war architecture in and around the neighborhood’s historic district, as well as single or multi-family homes with potential rental income. The median asking rent in Jackson Heights in 2023 was $2,286 — the second-lowest median rent on the list and 15% below the borough median of $2,700.
Jackson Heights Homes for Sale on StreetEasyArticle continues below
Jackson Heights
35-06 88th Street
$430,000
1 |
1
Jackson Heights
35-40 82nd Street
$600,000
2 |
1
Jackson Heights
88-08 32nd Avenue
$258,000
1 |
1
Jackson Heights
31-18 82nd Street
$1,288,000
2 |
2
Jackson Heights
84-01 37th Avenue
$538,000
1 |
1
Jackson Heights
34-20 78th Street
$365,000
1 |
1
Jackson Heights
32-42 74th Street
$999,888
3 |
2
Jackson Heights
35-33 80th Street
$399,000
1 |
1
Jackson Heights
33-24 93rd Street
$439,888
2 |
1.5
Jackson Heights
32-40 80th Street
$337,500
2 |
1
Jackson Heights
37-56 87th Street
$345,000
1 |
1
Jackson Heights
34-20 78th Street
$345,000
1 |
1
5. Sunset Park
Sunset Park is the highest-ranked Brooklyn neighborhood on this year’s list, coming in at No. 5 overall with a 4.7% annual rise in searches. Located between Bay Ridge, Borough Park, and Greenwood, this waterfront neighborhood had a median asking rent of just $2,400 in 2023 — 27% below the borough median — making it a relatively affordable option for renters. Its median asking price of $1.45 million, however, is 45% higher than the Brooklyn median of $999,000. Sunset Park’s housing stock includes single- and multi-family rowhouses in various styles. These days, the area is most known for Industry City, a 35-acre, 16-building complex of office and industrial space, in addition to shops, restaurants, and bars — the result of a $450 million redevelopment beginning in the 2010s. Though Industry City is technically located in adjacent Greenwood (No. 8 on our list), it’s widely associated with Sunset Park given the proximity and blurring boundary lines of the two neighborhoods. Other highlights include a local Chinatown (the fastest-growing Chinatown in Brooklyn), the waterfront Bush Terminal Park, and the neighborhood’s namesake park with killer views of the Manhattan skyline.
Sunset Park Rentals on StreetEasyArticle continues below
Sunset Park
679 48th Street
$2,150No Fee
1 |
1
Sunset Park
570 49th Street
$2,650No Fee
3 |
1
Sunset Park
4819 Fourth Avenue
$2,150No Fee
1 |
1
Sunset Park
4423 Fifth Avenue
$2,360No Fee
2 |
1
Sunset Park
761 44th Street
$2,450No Fee
2 |
1
Sunset Park
4518 Fifth Avenue
$3,000No Fee
1 |
1
Sunset Park
318 56th Street
$2,300No Fee
2 |
1
Sunset Park
602 39th Street
$3,000No Fee
3 |
2
Sunset Park
4701 Seventh Avenue
$2,500No Fee
Studio |
1
Sunset Park
6020 3rd Avenue
$3,000No Fee
2 |
2
Sunset Park
761 44th Street
$2,450No Fee
2 |
1
Sunset Park
340 41st Street
$4,500No Fee
3 |
2
6. Kew Gardens
Kew Gardens, Queens, just south of Forest Hills, ranked sixth on our list. Offering plenty of green space and relatively affordable housing options, Kew Gardens saw a 3.8% year-over-year increase in searches in 2023. With a median asking price of $348,000 (46% below the borough median) and median rent of $2,270 (16% below the borough median), it’s the least expensive neighborhood on our list. Kew Gardens is known for single-family homes in the Dutch Colonial Revival and Beaux-Arts styles, while rental apartments are mostly found in condo and co-op buildings near the Long Island Rail Road or E/F subway stops. Forest Park, the third-largest park in Queens spanning 544 acres, is adjacent to the neighborhood and offers expansive space for outdoor recreation. For frequent travelers, Kew Gardens is also equidistant to both of the city’s airports: LGA and JFK.
Kew Gardens Homes for Sale on StreetEasyArticle continues below
Kew Gardens
123-35 82 Road
$279,000
2 |
1
Kew Gardens
115-25 Metropolitan Avenue
$499,000
2 |
1
Kew Gardens
83-74 Talbot Street
$475,000
2 |
1
Kew Gardens
132-47 Metropolitan Avenue
$585,000
2 |
2
Kew Gardens
132-47 Metropolitan Avenue
$385,000
1 |
1
Kew Gardens
123-35 82 Road
$279,000
1 |
1
Kew Gardens
83-60 118th Street
$289,000
1 |
1
Kew Gardens
132-47 Metro Avenue
$399,000
1 |
1
Kew Gardens
115-25 84th Avenue
$289,000
1 |
1
Kew Gardens
83-83 118th Street
$282,888
2 |
1
Kew Gardens
117-01 Park Lane South
$329,000
1 |
1
Kew Gardens
117-01 Park Lane South
$369,000
2 |
1
7. Woodside
Woodside, Queens, is the only neighborhood that has made both our 2024 and 2023 Neighborhoods to Watch lists. Situated just west of Jackson Heights, Woodside is a great option for renters in search of affordability while maintaining a convenient commute to Manhattan, with easy access to the M, R, and 7 trains. Buyers can find a range of options: co-ops in large buildings with old-school New York charm, condos in brand new developments, and even small-scale, multi-family homes with private backyards. For rentals, Woodside boasts sprawling multi-bedroom apartments in addition to newer studios and one-bedrooms. Despite increasing 19% year-over-year in 2023, the neighborhood’s $2,500 median asking rent is still below the borough’s $2,700 median. Woodside is among the least expensive on our list for home shoppers, too, with a median asking price of $550,000.
Woodside Rentals on StreetEasyArticle continues below
Woodside
34-04 60th Street
$2,250No Fee
1 |
1
Woodside
40-53 62nd Street
$2,850No Fee
2 |
1
Woodside
70-26 Queens Boulevard
$3,150No Fee
2 |
2
Woodside
44-53 64th Street
$2,800No Fee
2 |
2
Woodside
61-20 Laurel Hill Boulevard
$2,400No Fee
2 |
1
Woodside
65-37 Maurice Avenue
$2,550No Fee
2 |
1
Woodside
72-32 51 Drive
$2,200No Fee
1 |
1
Woodside
37-34 60th Street
$4,000No Fee
4 |
2
Woodside
44-53 64th Street
$2,500No Fee
2 |
1
Woodside
44-53 64th Street
$2,500No Fee
2 |
1
Woodside
40-54 61st Street
$3,200No Fee
3 |
1
Woodside
39-29 55th Street
$3,200No Fee
3 |
1
8. Greenwood
Greenwood, Brooklyn, also known as Greenwood Heights, is perhaps best known for its famous cemetery, making the neighborhood the permanent home to the likes of Leonard Bernstein, Horace Greeley, Jean-Michel Basquiat, Pop Smoke, and more. Beyond the history, beauty, and views provided by the cemetery, Greenwood has lots to offer, including numerous bars, restaurants, and cafes along 4th and 5th Avenues. Nestled just between Park Slope and Sunset Park, the neighborhood is also accessible to Downtown Brooklyn, DUMBO, and Lower Manhattan via the D, N, and R trains. Greenwood’s median rent of $3,250 is just below the borough median of $3,295, while its median asking price of $1.55 million reflects the diversity of for-sale inventory in the neighborhood — from stunning new development condos to multi-family and mixed-use investment properties.
Greenwood Homes for Sale on StreetEasyArticle continues below
Greenwood
238 26th Street
$1,950,000
7 |
7
Greenwood
135 18th Street
$1,350,000
4 |
3
Greenwood
150A 30th Street
$1,995,000
4 |
3.5
Greenwood
152 31st Street
$1,350,000
3 |
3
Greenwood
123 32nd Street
$1,195,000
4 |
3
Greenwood
695 Sixth Avenue
$1,315,000
2 |
2
Greenwood
290 17th Street
$2,175,000
3 |
3
Greenwood
679 Fourth Avenue
$498,888
1 |
1
Greenwood
662 Fourth Avenue
$398,000
1 |
1
Greenwood
198 21st Street
$670,000
2 |
1.5
Greenwood
316 22nd Street
$1,649,000
2 |
2
Greenwood
316 22nd Street
$1,149,000
1 |
2
9. Flatbush
Just south of Prospect Park, Flatbush, Brooklyn has seen a rising number of new developments in recent years, perhaps contributing to its 3.2% increase in searches year-over-year. Because of its lower price point compared to other neighborhoods surrounding the park, we also named Flatbush one of the best NYC neighborhoods for college grads in 2023. Despite its growth, Flatbush’s median rent and asking price both remain well below the borough medians, at $2,800 and $600,000 respectively. Home shoppers can find a diverse selection, ranging from co-ops with beautiful pre-war details to brand new state-of-the-art condos, as well as single- and multi-family homes in a variety of architectural styles.
Flatbush Rentals on StreetEasyArticle continues below
Flatbush
2337 Bedford Avenue
$4,138No Fee
3 |
2
Flatbush
310 Clarkson Avenue
$4,000No Fee
2 |
1
Flatbush
185 Veronica Place
$2,649No Fee
2 |
1
Flatbush
204 Linden Boulevard
$2,599No Fee
1 |
1
Flatbush
2801 Tilden Avenue
$2,742No Fee
2 |
1
Flatbush
290 Linden Boulevard
$3,099No Fee
2 |
1
Flatbush
3206 Glenwood Road
$2,199No Fee
1 |
1
Flatbush
3321 Glenwood Road
$2,549No Fee
1 |
1
Flatbush
797 Flatbush Avenue
$3,600No Fee
2 |
2
Flatbush
266 East 32nd Street
$2,850No Fee
2 |
1
Flatbush
2203 Clarendon Road
$2,950No Fee
2 |
1
Flatbush
815 Flatbush Avenue
$3,600No Fee
2 |
2
10. Carnegie Hill (Upper East Side)
Rounding out our list of neighborhoods to watch in 2024 is Carnegie Hill, a sub-neighborhood in the northwest corner of Manhattan’s Upper East Side. While its searches were up just 2.3% from the previous year, the median asking price jumped by 12.3% and median rent by 5.3%, indicating rising demand from buyers and renters alike. The area’s housing stock is largely made up of co-ops, but a smattering of multi-million-dollar townhouses — as well as Central Park views and proximity — contribute to the neighborhood’s $2.4 million median asking price. Carnegie Hill is home to many of the Upper East Side’s highlights, including Museum Mile and its cultural institutions such as the Met, Guggenheim, Cooper Hewitt, and Jewish Museum. Residents also love the convenience to upper Central Park, in particular the Jacqueline Kennedy Onassis Reservoir and its loop trail. The 4/5/6 subway line and various crosstown buses serve the neighborhood and provide access to the rest of Manhattan.
Carnegie Hill Homes for Sale on StreetEasyArticle continues below
Carnegie Hill
150 East 93rd Street
$2,800,000
4 |
3
Carnegie Hill
180 East 93rd Street
$4,995,000
4 |
4
Carnegie Hill
1160 Park Avenue
$2,495,000
2 |
3
Carnegie Hill
15 East 93rd Street
$13,950,000
6 |
6
Carnegie Hill
1065 Park Avenue
$635,000
Studio |
1
Carnegie Hill
46 East 92nd Street
$1,550,000
2 |
2
Carnegie Hill
1192 Park Avenue
$3,995,000
4 |
3
Carnegie Hill
141 East 88th Street
$2,995,000
2 |
2.5
Carnegie Hill
47 East 88th Street
$2,850,000
3 |
3
Carnegie Hill
1075 Park Avenue
$2,695,000
2 |
2.5
Carnegie Hill
1120 Fifth Avenue
$8,250,000
3 |
4
Carnegie Hill
7 East 88th Street
$18,800,000
6 |
7.5
How We Did It
We identified our 10 NYC neighborhoods to watch in 2024 by ranking the areas based on annual changes in user searches on StreetEasy in 2023. For robustness, we only ranked neighborhoods that were within the top 30% by search volume and had at least 100 for-sale and 100 for-rent listings on StreetEasy between January and November 2023.
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