The city’s economic recovery from the COVID-19 pandemic has solidified new preferences for where New Yorkers wish to live. StreetEasy’s list of NYC neighborhoods to watch for 2022 reflects these new trends, leading to a list somewhat different from years past. Last year, Brooklyn dominated the list. It does this year, too — but the borough’s popularity has spread even further, to the neighborhoods next door to last year’s entries. For example, this year we see Gowanus instead of Park Slope.
Table of Contents
Manhattan Rentals Under $3,000 on StreetEasyArticle continues below
Lenox Hill
399 East 72nd Street
$2,995No Fee
Studio |
1
Hell’s Kitchen
554 West 50th Street
$2,276No Fee
1 |
1
Central Harlem
252 West 149th Street
$2,225No Fee
2 |
1
Upper East Side
166 East 82nd Street
$2,800No Fee
1 |
1
Yorkville
401 East 89th Street
$2,475No Fee
1 |
1
East Village
338 East 14th Street
$2,829No Fee
1 |
1
South Harlem
115 West 117th Street
$2,500No Fee
Studio |
1.5
Hell’s Kitchen
537 West 49th Street
$2,300No Fee
1 |
1
Yorkville
306 East 83rd Street
$2,200No Fee
1 |
1
Upper West Side
148 West 80th Street
$2,500No Fee
1 |
1
East Harlem
334 East 105th Street
$2,500No Fee
2 |
1
East Harlem
340 East 105th Street
$2,500No Fee
2 |
1
We define our NYC neighborhoods to watch for 2022 as the areas that saw the greatest surge in interest among buyers, renters, and sellers in 2021, gearing them up for continued interest this coming year. To create this list we ranked the areas based on an index of three factors: increases in sales prices, rents, and user searches year-over-year.
Downtown Manhattan’s Amenities Draw New Yorkers Who Can Afford Them
The hottest neighborhoods in Manhattan are also among the most expensive. Topping the list is SoHo, joined by Greenwich Village and Flatiron. Now that shopping, restaurants, and nightlife have reopened, living in — or close to — neighborhoods with a lot going on has become important again. At least, to those New Yorkers who can afford to.
All the fun of pre-pandemic New York is not limited to Manhattan, of course. The neighborhoods in Brooklyn that have always been hot or up and coming are once again the top neighborhoods for 2022. Dumbo and Fort Greene are relatively easy to access from Manhattan’s office centers, and provide a diverse range of restaurants and nightlife that help make NYC the greatest city in the world. Interestingly, Bushwick ranks higher this year than Williamsburg, which didn’t even make our top 10. (On last year’s list, Williamsburg came in at number 7, while Bushwick was 9.) Bushwick has similar transportation options but is farther from Manhattan.
Brooklyn 1-2BR Rentals Under $2,800 on StreetEasyArticle continues below
Fort Hamilton
226 97th Street
$1,950No Fee
1 |
1
Midwood
1535 East 14th Street
$2,300No Fee
1 |
1
Greenwood
650 Sixth Avenue
$2,600No Fee
1 |
1
Crown Heights
1836 Park Place
$2,650No Fee
2 |
1
Flatbush
561 East 26th Street
$2,500No Fee
2 |
1
Bushwick
287 Cornelia Street
$2,175No Fee
1 |
1
Flatbush
1471 Nostrand Avenue
$2,400No Fee
1 |
1
Midwood
1792 Ocean Avenue
$2,429No Fee
1 |
1
Flatbush
286 Linden Boulevard
$2,495No Fee
1 |
1
Stuyvesant Heights
321 Pulaski Street
$2,550No Fee
2 |
1
Williamsburg
53 Graham Avenue
$2,400No Fee
1 |
1
Crown Heights
2303A Pacific Street
$2,350No Fee
2 |
1
Working from home has changed where people decide to live in order to save money or gain space. The New Yorkers who wish to live in, say, Bushwick or Gowanus may be seeking the creative vibe SoHo once had in terms of food, nightlife, and even people watching. Before COVID, these beloved Brooklyn neighborhoods were gaining traction. Gowanus and Red Hook, though, are a difficult commute for anyone who does not have easy access to the G or F trains. In fact, Red Hook was one of the only neighborhoods on our list where rents fell year-over-year. But sales prices rose so significantly — 21%— that the neighborhood still made our list.
New NYC Neighborhoods to Watch in the Bronx and Queens
Many of the hot NYC neighborhoods on this list are also expensive. But two have median asking rents below $2,000: Kew Gardens Hills in Queens, and Fordham in the Bronx. These are also the only two areas on our list outside of Manhattan or Brooklyn. With plenty of green space and parks nearby, these neighborhoods are great options for New Yorkers who do not need to commute to Manhattan and are looking for more space.
Bronx & Queens Rentals Under $2,500 on StreetEasyArticle continues below
Astoria
37-15 30th Avenue
$1,985No Fee
1 |
1
Astoria
30-24 49th Street
$2,499No Fee
2 |
1
Briarwood
142-10 Hoover Avenue
$1,750No Fee
Studio |
1
North New York
466 East 143rd Street
$1,850No Fee
1 |
1
Elmhurst
90-02 Queens Boulevard
$2,500No Fee
1 |
1
Glendale
65-05 Central Avenue
$2,100No Fee
1 |
1
Astoria
25-21 31st Avenue
$2,350No Fee
1 |
1
North New York
417 East 135th Street
$2,275No Fee
2 |
1
University Heights
30 West 181st Street
$2,375No Fee
2 |
1
Astoria
28-23 42nd Street
$1,812No Fee
1 |
1
Norwood
3291 Hull Avenue
$1,700No Fee
1 |
1
Morris Heights
54 West 174th Street
$1,895No Fee
1 |
1
It’s no surprise that these are also university neighborhoods, now that campuses are open for in-person classes. Fordham is home to Fordham University, and Kew Gardens Hills is a stone’s throw away from Queens College. According to a report by the NYC Comptroller’s office, the reopening of in-person learning coincided with an improvement in net residential migration to the city.
How We Did It
We identified our 10 NYC neighborhoods to watch for 2022 using an index of three key performance indicators: annual change in median asking rent, annual change in median sale price, and annual change in user searches that include a given neighborhood on StreetEasy.