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Have you ever wondered, “Should I move to Atlanta, GA?” From the historic streets of the Martin Luther King Jr. District to the modern vibes of the Midtown arts scene, Atlanta offers a diverse experience that’s hard to find anywhere else. Whether you’re indulging in the world-famous Georgia peach cobbler or getting lost in the vast greenery of the Atlanta BeltLine, this city has a way of enchanting its residents. In this article, we’ll dive into the pros and cons of living in Atlanta to help you figure out if this dynamic city is the right place for you. Let’s jump in.

Atlanta at a Glance

Walk Score: 48 | Bike Score: 42 | Transit Score: 44

Median Sale Price: $430,000 | Average Rent for 1-Bedroom Apartment: $1,850

Atlanta neighborhoods | Houses for rent in Atlanta | apartments for rent in Atlanta | Homes for sale in Atlanta

Pro: Thriving job market

Atlanta’s economy is booming, with a strong presence in sectors like logistics, film, and information technology. Companies like Coca-Cola, Home Depot, and Delta Air Lines offer ample employment opportunities. This diversity in industries makes Atlanta an attractive place for people looking to advance their careers. The city’s job market is a significant draw for those seeking stability and growth.

Con: Traffic congestion

One of the biggest challenges of living in Atlanta is dealing with traffic congestion. The city’s reliance on car transportation and its sprawling layout lead to heavy traffic during rush hours. Major highways like the I-285 and I-75/I-85 connector are often jam-packed, making commuting times longer than desired. This can be a daily frustration for some locals.

Pro: Rich cultural scene

Atlanta has an exciting cultural scene, with an array of museums, theaters, and music venues. The High Museum of Art and the Fox Theatre host a variety of exhibitions and performances year-round. The city’s history in the civil rights movement, explored at the National Center for Civil and Human Rights, adds depth to its cultural landscape. Atlanta’s diverse cultural offerings cater to a wide range of interests.

Con: Hot and humid summers

Summers in Atlanta can be extremely hot and humid, making outdoor activities uncomfortable during peak months. Temperatures often soar into the 90s, with high humidity levels adding to the discomfort. This climate can be a significant drawback for those who prefer milder weather or enjoy spending a lot of time outdoors during the summer.

Pro: Ample green spaces and parks

Despite its urban sprawl, Atlanta is home to numerous parks and green spaces. Piedmont Park, in the heart of Midtown, offers walking trails, sports facilities, and scenic views of the city skyline. The Atlanta BeltLine, a multi-use trail, connects neighborhoods with parks and markets. These green spaces provide residents with a much-needed escape from the urban environment.

Con: Pollen allergies

Spring in Atlanta brings a significant challenge for allergy sufferers: pollen. The city’s abundant greenery contributes to high pollen counts, affecting air quality and causing discomfort for many individuals. This can be a considerable drawback for people with severe allergies, impacting their daily life during peak seasons.

Pro: Great local sports scene

Atlanta is a sports enthusiast’s dream, home to professional teams like the Falcons (NFL), Braves (MLB), and Hawks (NBA). The city also hosts major sporting events, offering residents and visitors alike a chance to engage in the excitement. Additionally, recreational leagues and facilities for sports like soccer, tennis, and golf are abundant, providing ample opportunities for active lifestyles.

Con: Limited public transportation

While Atlanta has MARTA for public transportation, its reach is limited, making it challenging for those without cars to navigate the city efficiently. With a Transit Score of 44, the public transit system doesn’t cover all areas equally, forcing many residents to rely on cars. This limitation can be a significant inconvenience, especially for those seeking eco-friendly transportation options.

Pro: Thriving entertainment industry

Atlanta’s entertainment industry, particularly in film and television, has seen remarkable growth. The city has become a popular filming location, dubbed the “Hollywood of the South.” This boom has created jobs and brought a spotlight to the city, offering unique opportunities for locals to engage with film and television productions. Atlanta’s role in the entertainment industry adds to its dynamic and creative atmosphere.

Jenna is a Midwest native who enjoys writing about home improvement projects and local insights. When she’s not working, you can find her cooking, crocheting, or backpacking with her fiancé.

Source: rent.com

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The Windy City, Chicago, IL, has historic neighborhoods with stunning architecture and lakefront views from skyscrapers like the Willis Tower, to famous museums like the Art Institute of Chicago and the Field Museum. With countless landmarks, it’s no surprise that Chicago has neighborhoods that offer a different taste of the city.

If you’re looking to rent an apartment in Chicago, the average rent for a one-bedroom apartment is $1,860. And if you want to live close to Chicago’s popular spots, you can expect to pay more than that. ApartmentGuide has compiled a list of the most expensive neighborhoods to help you find the perfect place to rent.

14 Expensive Neighborhoods in Chicago, IL

From the upscale Fulton River District to the trendy West Loop, there are plenty of neighborhoods that offer stunning skyline views and access to famous attractions. Below, you’ll find the expensive Chicago neighborhoods that made our list.

1. Fulton River District
2. West Loop
3. Near West Side
4. Prairie Shores
5. Streeterville
6. Near South Side
7. Pilsen
8. West Side
9. West Town
10. Downtown
11. Little Italy
12. The Loop
13. Fulton Market
14. River West

Let’s jump in and see what these neighborhoods have to offer.

1. Fulton River District

Average 1-bedroom rent: $3,524
Apartments for rent in Fulton River District

Fulton River District is the most expensive neighborhood in Chicago, as the average rent for a one-bedroom unit is $3,524. There are plenty of reasons why this neighborhood draws residents. Fulton River District is one of Chicago’s most walkable neighborhoods, as you access restaurants and shops. It’s also close to the River North, where you’ll find attractions like The Merchandise Market and The Richard H. Driehaus Museum, making it a prime location to explore the city. The area also has views of the cityscape, making apartment views stunning. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants to explore, showcasing Chicago’s food scene. Make sure to check out Carnivale, Gibsons Italia, Piccolo Sogno, or one of the other hidden gems in the neighborhood.

Learn more about the Fulton River District neighborhood in Chicago.

2. West Loop

Average 1-bedroom rent: $3,127
Apartments for rent in West Loop

West Loop is a bustling area that’s west of Downtown Chicago. This beautiful neighborhood is home to lots of attractions like the WNDR Museum and Union Park. West Loop is well-known for its green spaces like Mary Bartelme Park and the charming shops and cafes along Randolph Street. The average rent for one-bedroom apartments is $3,127, which is about $1,300 above the city’s average, making it a pricier neighborhood. However, West Loop’s charm and amenities may be worth it.

Learn more about the West Loop neighborhood in Chicago.

3. Near West Side

Average 1-bedroom rent: $2,907
Apartments for rent in Near West Side

With an average one-bedroom rent of $2,907, Near West Side is the third most expensive neighborhood in Chicago. This neighborhood has plenty of historic homes in styles like Victorian and Italianate, as well as properties with picturesque views of the cityscape. You can find Skinner Park in the area if you’re looking for a relaxing afternoon. Near West Side is also near I-290, making it a convenient location for commuters. However, if you want to offset rent costs, you can use public transit, such as the Metro or bus lines. 

4. Prairie Shores

Average 1-bedroom rent: $2,736
Apartments for rent in Prairie Shores

Prairie Shores takes the fourth spot on our list of most expensive neighborhoods in Chicago. This neighborhood is known for its location near Lake Michigan and the 31st Street Beach. The area also has historic buildings like the Singer Pavilion Building and parks like Lake Meadows Park. Be sure to enjoy the Lakefront Trail, an 18.5 mile trail which offers views of Lake Michigan.

5. Streeterville

Average 1-bedroom rent: $2,567
Apartments for rent in Streeterville

Just about 2 miles from Downtown, Streeterville is a stellar neighborhood if you want to live close to Downtown. While more expensive, the perks of living in Streeterville may help offset the costs. For example, you can live in Chicago without a car as Streeterville is near bus routes. You can also walk to attractions like Navy Pier, the Chicago Riverwalk, Magnificent Mile, and the Wrigley Building. The views in Streeterville are also gorgeous, as you can see the cityscape and the Centennial Wheel. If you’re looking to be in the heart of Chicago, then be sure to consider Streeterville.

Learn more about the Streeterville neighborhood in Chicago.

6. Near South Side

Average 1-bedroom rent: $2,412
Apartments for rent in Near South Side

Next up is Near South Side, the sixth most expensive neighborhood in Chicago. Near South Side is full of history and charm with tree-lined streets, historic buildings, and museums. You can find everything from the Field Museum, the Shedd Aquarium, and Soldier Field to the Glessner House, Giordano’s, and Northerly Island Park – all without leaving the neighborhood. It’s no wonder the rents are above Chicago’s average.

7. Pilsen

Average 1-bedroom rent: $2,400
Apartments for rent in Pilsen

Located west of Downtown, Pilsen is the next neighborhood on our list. It has a friendly atmosphere and community feel, with plenty of local cafes and restaurants along 18th Street, such as La Vaca Margarita Bar and Cantón Regio. You can also visit some of Pilsen’s green spaces, like Dvorak Park, or see a show at the iconic Thalia Hall. Since Pilsen is located near the University of Illinois at Chicago, its artsy and cultural lifestyle is one of the many reasons people live here.

Learn more about the Pilsen neighborhood in Chicago.

8. West Side

Average 1-bedroom rent: $2,375
Apartments for rent in West Side

West Side takes the eighth spot on our list of most expensive neighborhoods in Chicago. The average rent for a one-bedroom unit is roughly $500 more than the city’s average. West Side is a great option to consider if you’re looking to have a variety of smaller neighborhoods to choose from since the area is home to Near West Side and West Loop. You can also find some affordable neighborhoods in Chicago in this area. It’s about 3 miles from Downtown, which means you’ll have easy access to the city center without living in the bustling atmosphere. There are also plenty of attractions in West Side, like the National Museum of Mexican Art, Douglass (Anna & Frederick) Park, and United Center.

9. West Town

Average 1-bedroom rent: $2,340
Apartments for rent in West Town

A well-loved Chicago neighborhood, West Town is the next area. West Town is home to the Wicker Park and Ukrainian Village neighborhoods, meaning there’s plenty to do throughout the week. You’ll find countless historic buildings in West Town, so explore the area’s charm. West Town also has landmarks like Humboldt (Alexander Von) Park, the National Museum of Puerto Rican Arts & Culture, the Polish Museum of America, and The Salt Shed. If you need to commute to work, there are lots of options, as the Blue Line is nearby. And if you’re catching the metro, make sure to explore Milwaukee Avenue, where you’ll find local restaurants and cafes.

Learn more about the West Town neighborhood in Chicago.

10. Downtown

Average 1-bedroom rent: $2,326
Apartments for rent in Downtown

The tenth most expensive neighborhood in Chicago is Downtown. The area is home to countless landmarks like the Willis Tower, the Chicago Theatre, the Art Institute of Chicago, and Prudential Plaza, so there’s always something to explore. You can find parks like Millennium Park and Maggie Daley Park, which are perfect for enjoying a sunny day in Chicago. Downtown also hosts the Taste of Chicago event and Lollapalooza each year, providing residents with lots of opportunities to enjoy their neighborhood.

Learn more about the Downtown neighborhood in Chicago.

11. Little Italy

Average 1-bedroom rent: $2,320
Apartments for rent in Little Italy

Number 11 on our list of most expensive neighborhoods in Chicago is Little Italy. This historic neighborhood is located west of Downtown Chicago and is a fantastic area if you’re looking for a neighborhood with a charming main street. Along Taylor Street, you can find plenty of Italian delis, restaurants, and bakeries. Little Italy is also close to parks like Arrigo Park and Sheridan Park, providing residents with lots of spaces to enjoy a nice Chicago day. The neighborhood is also home to the University of Illinois at Chicago, contributing to its popularity.

12. The Loop

Average 1-bedroom rent: $2,295
Apartments for rent in The Loop

Taking the 12th spot is The Loop, part of the larger Downtown Chicago area. The average rent for a one-bedroom apartment is $2,295, compared to the city’s average of $1,950. This neighborhood is home to Millennium Park, where you’ll find the iconic Cloud Gate, Crown Fountain, and the Jay Pritzker Pavilion. The Loop also has plenty of historic buildings to check out, such as the Marshall Field and Company Building, the James M. Nederlander Theatre, and the Chicago Cultural Center. The convenience of these activities might be worth moving to the neighborhood.

Learn more about The Loop neighborhood in Chicago.

13. Fulton Market

Average 1-bedroom rent: $2,250
Apartments for rent in Fulton Market

Fulton Market is another popular neighborhood in Chicago, well-known for its vibrant atmosphere and renovated industrial feel. This area has an average one-bedroom rent of $2,250, meaning it’s closer in price to the city’s average. If you plan to rent in Fulton Market, make sure to check out the Randolph Street Market and the Fulton Market District to immerse yourself in the neighborhood’s vibrant atmosphere. You can find countless innovative restaurants serving various cuisines, from barbeque and Chinese to Spanish and Italian.

14. River West

Average 1-bedroom rent: $2,150

Apartments for rent in River West

Claiming the last spot on our list of most expensive neighborhoods in Chicago is River West. The River West neighborhood is about $300 more expensive than Chicago’s average, so it’s not as pricey as the other neighborhoods on our list. River West is a quirky industrial area with plenty of renovated units. You can find a lot of local restaurants in the area like, Jerk. Jamaican Barbecue and Aglaïa Coffee & Tea Co. The Blue Line runs through the area, making transit easy.

Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in March 2024.

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Diversifying your assets is one of the best ways to create a sustainable, long-term investment strategy. And one of the ways you can do this is by buying gold.

Investing in gold and other precious metals is a great way to protect yourself against inflation. It also allows you to put your money in an asset that will likely continue to retain its value.

Despite the numerous benefits of investing in gold, many individuals remain uncertain about its viability as an investment and the process for getting started. In this article, we will outline a comprehensive guide on how to buy gold in 2024.

Why should I consider investing in gold?

With growing concerns of an impending recession, investing in gold has become increasingly relevant. This precious metal boasts a multitude of advantageous features that make it a valuable asset to any well-rounded investment portfolio. Here are four reasons why investing in gold is a wise choice:

  1. Gold protects you from inflation: If you’re investing in the stock market, there’s a lot that’s outside your control. But gold is an asset you’ll always have some level of control over, regardless of what happens on Wall Street.
  2. It retains its value: Because gold is much harder to obtain, it retains its value much longer. And you never have to worry about it decaying or losing its structure.
  3. Gold is a high-demand product: There are many ways to use gold, and it tends to be a product that’s in high demand. This is especially true when economic conditions are tight.
  4. Gold is an insurance policy: While some people purchase gold because they’re hoping to make a profit. Others like the security of owning gold and keep it as insurance in case of an economic downturn. Either strategy is an equally valid reason for gold investments.

How do I start investing in gold?

So now that you understand why gold is a good investment, it’s essential to know how to buy and sell gold, so you can get started. Listed below are five steps to make sure you get started on the right path.

Step 1: Decide What Type of Gold You Want to Buy

Start by deciding what kind of gold you would like to purchase. Each product will require a slightly different purchasing strategy, so you need to be clear on this right from the start.

Here are the main types of gold most people choose to invest in:

  • Gold bullion: When people think of owning physical gold, gold bullion is what usually comes to mind. It is a form of pure gold certified for weight and purity, typically in the form of bars.
  • Gold coins: A popular option for investors, gold bullion coins are easy to store due to their small size. They can be bought at a premium price and are readily available from reputable dealers.
  • Gold ETFs: For those not interested in directly owning gold, gold-based exchange-traded funds (ETFs) offer a convenient and cost-effective alternative. These shares can be bought and sold like stocks and are backed by a portfolio of gold-based securities.
  • Gold mutual funds: These mutual funds invest in companies involved in gold production, mining, and exploration. They may also invest in gold bullion, certificates, and derivatives.
  • Gold futures contracts: Gold futures are a type of futures contract allowing investors to buy or sell a specified amount of gold at a predetermined price and date in the future. They are best for experienced investors.
  • Gold jewelry: Accounting for 49% of global gold production, jewelry is a common form of gold ownership. However, it may not be the most profitable strategy, as retail jewelry prices come with substantial markups. Estate sales and auctions may offer better deals but require more time.
  • Gold mining stocks: With gold mining stocks, investors own a share in a gold mining company instead of the actual gold. These companies are large, global enterprises involved in the extraction and processing of gold ore. Investing in gold mining stocks is another way to profit from rising gold prices.
  • Gold IRAs: Similar to traditional retirement accounts, gold IRAs are backed by gold and other precious metals like silver, platinum, and palladium. They offer a unique investment opportunity for those looking to diversify their retirement portfolio. Here’s a list of the best gold IRA companies of 2024.

Step 2: Learn How Gold Prices Work

Before investing in gold, it’s essential to understand how gold prices work. The gold spot price, which reflects the cost of one ounce of gold, can fluctuate considerably based on market demand.

To ensure that you make wise investment decisions, research the market and stay up to date with its trends. In doing so, you’ll be poised to make the most of the opportunities presented by decreases in gold prices.

Step 3: Find a Trusted Seller

When investing in gold, you need to choose a trustworthy dealer. While purchasing gold online is convenient, be sure to exercise caution to avoid falling victim to scams.

To ensure that you purchase gold bullion or coins from a reputable source, consider consulting the U.S. Mint for a list of gold dealers in your area.

Once you have identified a potential dealer, make sure you evaluate their credibility. Gather information about their reputation through customer reviews and the Better Business Bureau.

It’s also a good idea to research the dealer’s buyback policies. Obtain a written copy of these policies and keep them in a safe place for future reference.

Step 4: Buy Physical Gold that You Can Sell

If you buy gold that is in demand, it will be easier when selling it at a later time. Stick to the most familiar gold coins and gold bars.

Gold Coins

The following are the most popular gold coins:

  • American Gold Eagle
  • Austrian Philharmonic
  • British Britannia
  • Canadian Maple Leaf
  • South African Krugerrand

Gold Bars

The most popular gold bullion bars include:

  • Credit Suisse
  • Perth Mint
  • Valcambi
  • Englehard
  • Johnson Matthey
  • PAMP Suisse

Step 5: Decide How You’ll Store the Gold

Finally, make sure you have a plan in place for storing your physical gold. Sticking several gold bars under your bed probably isn’t the wisest strategy. This puts you at greater risk of having your investment stolen.

Your best bet to store physical gold bars and coins is likely to purchase a safe for your home. You can also use a safe deposit box at a bank or rent a secure storage facility.

Conclusion

Investing in gold can be a rewarding journey, but only if you approach it with caution and foresight. First, decide the type of gold that aligns with your investment objectives, whether it be coins or bars, and make sure to source from a reputable dealer.

Additionally, consider the practical aspects of your investment strategy. For instance, if you opt for gold bars, consider the storage and security of your precious metal, and how you plan to sell it in the future. Gold bars can’t be easily divided, so take that into account.

Furthermore, you’ll need to factor in the rate of return on your gold investment. Ensure that the gold you purchase will not only keep pace with, but also surpass inflation, or you may end up with a loss in the long run.

And finally, avoid the common mistake of putting all your eggs in one basket, especially when it comes to gold investment. While gold and precious metals can be a lucrative component of your investment portfolio, they should never make up your entire investment strategy.

Frequently Asked Questions

Is gold a good investment?

Gold is a unique asset that doesn’t provide regular income in the form of cash flow, unlike other investments. However, owning gold can still have many advantages for your overall investment portfolio.

By including gold in your asset mix, you can diversify your investments and reduce your overall risk exposure. This is particularly important during times of economic uncertainty, such as a recession.

When other investments may perform poorly, gold has historically held its value, helping to protect and stabilize your wealth. This characteristic of gold makes it a useful tool for managing risk and preserving your wealth over the long term.

What is the best way to buy gold?

Acquiring gold can be a smart investment choice, but it’s essential to choose the right seller. Reputable sources include banks, investment firms, and online gold retailers.

To ensure you make a wise decision, do your due diligence and find a dealer with a good reputation, competitive pricing, and dependable customer support.

Furthermore, being aware of the current spot price of gold and market trends is crucial to making an informed purchase. Ultimately, the best form of gold to buy is the one that aligns with your investment objectives and needs.

How much gold should I buy?

Experts generally suggest investing 5% to 10% of your portfolio in gold. During economic downturns and periods of high inflation, some recommend allocating a larger portion.

The ultimate decision on how much to invest in gold should be based on personal financial objectives, comfort with risk, and available funds. As a diversification tool and a hedge against market instability, gold is a consideration worth making.

How much does gold cost per ounce?

Gold can experience significant price swings due to a multitude of factors. These include the ebb and flow of supply and demand, the fluctuation of currency exchange rates, and the instability of political climates.

The value of gold is expressed in U.S. Dollars and is most commonly reported in troy ounces, a unit equivalent to 31.1 grams. As of this writing, gold is priced at around $1875.00 per ounce.

What is the safest way to store gold?

For the ultimate protection of your gold investments, consider utilizing a secure depository, a bank safe deposit box, or an at-home safe.

Depositories provide comprehensive security and insurance coverage. They are an excellent option for safeguarding valuable assets.

Safe deposit boxes, located within banks, offer added protection with key-controlled access. An at-home safe, properly installed and maintained, can also provide a secure storage solution.

Source: crediful.com

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Whether you’re decorating on a budget, trying to be a little more conscious of your consumption, or simply love the thrill of hunting for those amazing, one-of-a-kind finds, thrift-store shopping can be a fun and smart way to create a signature aesthetic for your home. In addition to saving money by thrifting, you can also feel good about keeping items from ending up in a landfill by giving them a second life as part of your decor. But how do you get the best deals, what kinds of pieces should you hunt for and how can you style them without your own home looking like a thrift store? We did some digging to find out.

Looking for striking home decor? This is where pros shop in Dallas-Fort Worth

The difference between thrift stores and consignment shops

Consignment and antique shops are great, but they tend to be pricier because their collections are curated. These stores do all the hunting down and fixing up for you, and that service is offset via higher price tags. While consignment shops are more likely to have highly sought after antiques from pedigreed brands, you can still certainly find hidden gems at nearly any thrift store — you just may have to put in more effort to find what you’re looking for. Balance the odds of what you want being there with the price range you’re willing to pay when deciding where to shop.

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Getting what you need while giving back to the community

Many of your favorite causes run thrift shops to help fund their programs and services. Prime Thrift near Fair Park benefits American Veterans (AMVETS), Disabled American Veterans (DAV) and other local and national charitable organizations, while Out of the Closet in Oak Lawn benefits the AIDS Healthcare Foundation. Genesis Women’s Shelter, a nonprofit that provides safety, shelter and support for women and children who have experienced domestic violence, operates two thrift stores: one in Oak Lawn and another in South Oak Cliff. There are four Soul’s Harbor locations throughout the metroplex, with proceeds going toward its programs to help men break the cycle of homelessness and addiction. Some of these shops even have exclusive relationships with estate liquidators, increasing your chances of finding treasures among their wares.

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If you’re looking for a bit more than just decor, check out your local ReStore, which benefits Habitat for Humanity. There, you can find actual building materials, such as tile, cabinets, wood flooring, windows, doors or even vintage brick. In addition to these, they also have plenty of new and vintage home furnishings, large appliances and more. With 10 locations across D-FW, it’s a convenient alternative to big-box stores when shopping for your next home design project.

Choose your shopping days wisely

For donation-based thrift stores, Mondays and Tuesdays are typically the best days to shop, because most people tend to drop off items early in the week after spending the weekend cleaning. Signing up for emails is a great way to stay on top of the latest finds and deals, but there’s just no substitute for going in regularly. It works the same with searching online, whether it’s eBay, Craigslist, or Facebook Marketplace. “I’m a huge fan of Facebook Marketplace” says Whitney Marsh, an interior designer and business owner who furnished her Oak Cliff coffee shop, B-Side, with thrifted finds. “I also really love Souls Harbor in Waxahachie,” Marsh notes.

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Whitney Marsh, an interior designer and business owner, furnished her Oak Cliff coffee shop B-Side with thrifted finds, including this handmade tile she found for less than $100.(Whitney Marsh)

Have a strategy before you start shopping

There are two ways to go about hunting vintage pieces. Either have a piece or project in mind and know what you want to pay for it, or be able to spot a good deal. This can involve researching brands, pieces, and eras to be able to find your ideal mix of quality pieces that aren’t in demand. Marsh says that’s her strategy. “I know what I like, and I also know what brands are known for quality goods,” she explains. “I definitely have a style. I’m drawn toward leather furniture, solid wood, wool rugs and unique art.”

Marsh created this seating area using chairs thrifted from Soul’s Harbor and a unique brass ship she found through Facebook marketplace.(Whitney Marsh)

For example, you may love midcentury modern (MCM) pieces, but the popularity of decor from that era means there’s more demand, and unscrupulous sellers may assign that label to random items in order to get them to sell. You may find more success by researching some favorite brands or designers from the MCM era and looking for those specifically to avoid fake listings and inflated prices. Be aware that people will list items online with a famous brand name keyword to get more hits, such as saying a “Pottery Barn-style” rug or “MCM-style lamp.” If you’re shopping in person, don’t be afraid to ask the store’s staff about an item you’re looking for; they may have something similar that just hasn’t been put out yet. Or, they might be willing to take down your name and keep an eye out for items on your list — especially if you’re a regular customer.

Simple design rules to consider

In this area Marsh designed for a client, she paired a thrifted console with a modern lamp and abstract art to create balance.(Whitney Marsh)

Once you’ve found that unique piece you’ve been searching for, how do you style it? Thrifted pieces bring character into a space, but it is possible to have too much of a good thing, says Marsh. “I like to pair thrifted pieces with more high-end textiles. I love an old leather sofa that’s worn in against a very bold luxury wallpaper.” If you buy a well-worn piece and want to play up that lived-in aesthetic, try to surround it with items that are clean and modern. Too much rusticity can end up looking like neglect. Same goes for smaller items, such as pots, frames or books — space them out in designed vignettes throughout your home instead of clustering them all together. Also, keep in mind that pairing thrifted furniture is easier when they share some similar elements. For example, mismatched nightstands look more cohesive if they are roughly the same size and color.

Thrifting can be a way to save big, depending on when and where you shop, and what you’re looking for. “I definitely shop with a specific corner or space in mind. I also really only pull the trigger on things that seem like they’re good quality and the right price,” says Marsh. But if you’re patient, persistent and know what you want and what you’re willing to pay for it, it’s just a matter of time before you find it.

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Source: dallasnews.com

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Renting in South Carolina snapshot

1. Pro: Beautiful beaches

South Carolina has an abundance of beautiful beaches that cater to every beachgoer’s taste. From the bustling shores of Myrtle Beach, offering entertainment and excitement, to the serene and unspoiled landscapes of Hunting Island State Park, there’s a beach for every mood. Even historic Charleston boasts its own share of sandy havens like Folly Beach, where residents can unwind and enjoy breathtaking sunsets over the Atlantic Ocean.

2. Con: Hurricane risk

Living in South Carolina comes with the inherent risk of hurricanes, especially for coastal residents. Cities like Charleston and Myrtle Beach are particularly vulnerable to storm surges, flooding, and wind damage during hurricane season. For example, Hurricane Hugo in 1989 and Hurricane Florence in 2018 caused widespread destruction and displacement, highlighting the importance of preparedness and evacuation plans for residents in hurricane-prone areas.

3. Pro: Golfing paradise

For golf enthusiasts, South Carolina is nothing short of paradise, with a plethora of world-class courses set against stunning backdrops. The Ocean Course at Kiawah Island Golf Resort stands out as a challenging masterpiece, having hosted major championships like the PGA Championship. In Myrtle Beach, golfers can indulge in endless rounds amidst picturesque fairways and lush greens, with options ranging from championship courses to budget-friendly layouts.

4. Con: Pollen levels

South Carolina’s lush landscape contributes to high pollen levels, particularly during the spring months, which can exacerbate allergies and respiratory issues for some residents. Areas with abundant vegetation, such as the Upstate region and the Lowcountry marshes, often experience elevated pollen counts.

5. Pro: Culinary delights

South Carolina’s culinary scene is a melting pot of flavors, drawing inspiration from Southern traditions and Lowcountry ingredients. Charleston, often hailed as a culinary capital, boasts acclaimed restaurants like Husk, where diners can savor elevated Southern fare crafted with locally sourced ingredients. In Columbia, foodies can explore the vibrant food truck scene or indulge in hearty Southern staples like shrimp and grits at renowned eateries such as Motor Supply Co. Bistro.

6. Con: Insect pests

South Carolina’s warm climate provides a haven for insect pests year-round, ranging from mosquitoes and ticks to fire ants and termites. Residents may contend with mosquito-borne illnesses, especially in coastal and marshy areas. Additionally, invasive species like the emerald ash borer and the Asian tiger mosquito pose threats to local ecosystems and public health.

7. Pro: Mild winters

Mild winters in South Carolina offer residents a welcome respite from harsh northern climates, making the state an attractive destination for those seeking year-round comfort. With temperatures rarely dipping below freezing in most areas, outdoor activities like hiking, golfing, and exploring the state’s natural beauty can be enjoyed throughout the winter months.

8. Con: Limited public transportation

Rural areas and smaller towns often lack comprehensive public transit systems, making it challenging for residents without access to a car to commute to work or run errands. For example, the absence of commuter rail services and limited bus routes in regions like the Upstate and the Midlands suggest the need for alternative transportation solutions to alleviate traffic congestion.

9. Pro: Rich history

South Carolina’s rich history is woven into  its towns and cities, with historic landmarks and preserved sites offering glimpses into the past. Charleston’s cobblestone streets and stately homes tell the story of the city’s colonial heritage, while the Charleston Museum provides an immersive journey through the state’s history. In Beaufort, residents can explore the Gullah Geechee Cultural Heritage Corridor, preserving the unique culture and traditions of the Gullah people.

10. Con: Traffic congestion

Major urban centers in South Carolina, such as Charleston and Greenville, grapple with traffic congestion during peak commuting hours and tourist seasons. Growing populations and infrastructure contribute to gridlock on highways and arterial roads. For instance, I-20 and I-26 in the Midlands is known as the “Malfunction Junction,” experiences chronic congestion, leading to delays.

11. Pro: Proximity to major cities

12. Con: High humidity

South Carolina’s subtropical climate results in high humidity levels, particularly during the summer months, which can make outdoor activities uncomfortable for residents. Coastal areas like Hilton Head Island and Myrtle Beach experience oppressive humidity, with heat indices often exceeding 100 degrees Fahrenheit. Inland cities such as Columbia and Florence also contend with muggy conditions, prompting locals to seek relief indoors.

Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide.

Source: apartmentguide.com

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Cybersecurity, TPO, Verification Tools; Tech Tracking Whereabouts; Why Rates Are Where They Are

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Cybersecurity, TPO, Verification Tools; Tech Tracking Whereabouts; Why Rates Are Where They Are

By:
Rob Chrisman

Fri, Apr 19 2024, 11:33 AM

It is “Take Your Child to Work Day” next Thursday which, if you work from home, is probably like a day off from school for the tyke. (I won’t be bringing my son Robbie to work, who, as I write this, is pedaling from Chicago to New York and bunked down last night in Union Home’s Bill Cosgrove’s humble abode.) I do not track his exact whereabouts, but we all know that, in having a smart phone, one gives up pretty much all of their privacy. For example, a new working paper posted to the National Bureau of Economic Research sought to examine the polling data that indicates 22 percent of Americans reported attending religious services on a weekly basis. They did this by looking at geodata from smartphones of 2 million people in 2019, and found that while 73 percent of people did indeed step into a place of worship on a primary day of worship at least once over the course of the year, just 5 percent of Americans studied in fact did so weekly, significantly smaller than the data people reported to pollsters. (Found here, this week’s podcasts are sponsored by Optimal Blue. OB’s smart solutions automate critical functions like pricing, hedging, trading, and social media. More originators and investors rely upon Optimal Blue’s integrated solutions, data, and connections to support their unique business strategies, no matter how complex. Hear an interview between Robbie and me on a variety of topics in mortgage that are germane to the Daily Commentary.)

Lender and Broker Products, Software, and Services

Operations leaders! You don’t want to miss this event if you care about improving your operations! Join Femi Ayi, EVP Operations at Revolution Mortgage, Brooke Smith, Senior Manager, Loan Sourcing Digital Solutions at Fannie Mae, and Jodi Eberhardt, Strategic Integration Director at Freddie Mac, and Richard Grieser, VP, Marketing at Truv, as they highlight different strategies to provide customers with a more transparent, efficient borrowing experience. Freddie Mac’s Loan Product Advisor® asset and income modeler (AIM) and Fannie Mae’s Desktop Underwriter® (DU®) validation service play a critical role for lenders committed to streamlining origination processes and improving loan quality. However, the key to optimizing borrower verification workflows and ensuring compliance is partnering with the right provider that helps lenders improve loan quality and save hundreds of dollars per loan compared to traditional verification providers. Come join us! “Minimizing Risks with GSE Borrower Verifications”, April 24 2:00 PM ET Use code TRUV100 to participate FOR FREE, even if you are not an MBA member! Register now.

“AFR Wholesale® is thrilled to announce the renewal of our partnership with AIME for 2024, underscoring our commitment to the wholesale channel. As we continue our collaboration, we are committed to providing essential resources, comprehensive training, and robust support to independent mortgage professionals and the wholesale channel. This partnership will allow AFR to set new industry standards, promote best practices, and deliver exceptional services to our clients and partners. We also will look to spearhead innovative initiatives aimed at boosting operational efficiencies and enhancing customer experiences. Reflecting on a history of successful collaborations, we are excited about the potential for even greater achievements. This announcement is just the beginning, as AFR plans to unveil several exciting partnerships and updates in the coming weeks. Join us in driving change in mortgage lending. To get involved, contact us at [email protected], 1-800-375-6071, visit AFR.”

In the wake of frequent breaches within our industry, we are reminded of the precarious position mortgage lenders and their customers’ data are currently in. These repeated security incidents emphasize an undeniable truth: robust cybersecurity defenses are not merely an option; they are imperative. A breach can mean the difference between a thriving business and a devastating collapse. There is a very real risk to mortgage companies right now; you’re not just guarding data, you’re safeguarding trust, livelihoods, and the very integrity of the financial system. It’s a responsibility to take seriously, and it’s time to double down on cybersecurity. Richey May’s cybersecurity team is here to help: Check out the latest post detailing the often-overlooked risks in the industry.

Capital Markets

One can’t ignore the U.S. Federal Reserve’s role in interest rates. (The current STRATMOR blog is titled, “Relying on the Fed: How Did This Happen?”) The “experts” have been predicting multiple rate cuts in 2024. Sure enough, the much-awaited Fed pivot has materialized, but it’s not what investors had been expecting. The Fed change was supposed to signal a reverse of its contractionary monetary policy path, keeping rates high, which has been in place since March 2022.

But that is not the message, especially after three consecutive months of stronger-than-expected inflation readings. Fed Chair Jay Powell said, “The recent data have clearly not given us greater confidence and instead indicate that it’s likely to take longer than expected to achieve that confidence. Last year, rebounding supply supported U.S. growth in spending and also employment, alongside a considerable decline in inflation. The more recent data show solid growth and continued strength in the labor market, but also a lack of further progress so far this year on returning to our 2 percent inflation goal.”

As always, the Federal Reserve is watching the data as it comes out. But things will be higher for longer. At least the next rate move is still forecast to be a cut. Things could get rocky for lenders and borrowers if that shifts to a hike, which could happen if price pressures resurface and put a so-called soft landing into doubt. And now we have the yield on the benchmark 10-year U.S. Treasury note up at its highest level since November, above 4.6 percent versus a yield of 4.25 percent in the last week or two and starting the year at 3.88 percent, meaning that the 10-year is now nearing a full point rise for 2024!

As today’s podcast interview alluded, it’s been pretty quiet out there in terms of market-moving news. Weekly jobless claims showed no change from last week’s level and there was a better-than-expected Philadelphia Fed survey for April yesterday, which prompted some selling. Investors bought plenty of Treasuries to close 2023 and open 2024, betting on several rate cuts this year from the Fed. However, Fed speakers hammering home patient rhetoric on interest rates (several more Fed speakers reiterated yesterday that they do not feel urgency to cut rates at this time) due to a reluctance of the U.S. economy to cool, has forced investors to abandon bets on a rally, giving way to a wave of selling.

Accordingly, mortgage rates surged in the latest Primary Mortgage Market Survey from Freddie Mac, with the 30-year rate above 7 percent for the first time this year. For the week ending April 18, the 30-year and 15-year mortgage rates jumped 22 basis points and 23 basis points versus the prior week to 7.10 percent and 6.39 percent, respectively. Those rates are 71 basis points and 63 basis points higher than this time last year.

Inflation is back below 3 percent, but hotter-than-expected readings for the rental category of housing in the first few months of the year are a big reason the Fed has held back on the rate cuts that Wall Street has been hoping for. Markets seeing the biggest rent declines are the ones where there’s been the most construction. The Northeast and Midwest have experienced lingering high inflation, while the West and South have seen it moderate rapidly.

Existing-home sales fell 4.3 percent in March to a seasonally adjusted annual rate of 4.19 million, a widely expected decline given the recent slip in purchase mortgage applications and solid gains registered in the first two months of 2024 from increased supply and a temporary dip in mortgage rates. Sales were down 3.7 percent from the previous year. The median existing-home sales price rose 4.8 percent from a year ago to $393,500, the ninth consecutive month of year-over-year price gains and the highest price ever for the month of March. The inventory of unsold existing homes grew 4.7 percent from one month ago to the equivalent of 3.2 months’ supply at the current monthly sales pace.

There is no data of note on today’s economic calendar, though there is one Fed speaker, Chicago President Goolsbee. For capital markets folks, today is Class D 48-hours. We begin the day with Agency MBS prices better by .125-.250, the 10-year yielding 4.59 after closing yesterday at 4.65 percent, and the 2-year is at 4.96.

Employment

“At Evergreen Home Loans, our mission is simple: equip our clients with affordable strategies to not only buy a home but to make a winning offer. Our unique approach helps families secure their futures and build generational wealth. As we navigate a fluctuating housing market, Evergreen Home Loans remains committed to innovation and client success. Our tailored solutions emphasize stability and long-term prosperity, ensuring that homeownership is a reality for first-time buyers and seasoned investors alike. By fostering a supportive environment and providing strategic financial guidance, we empower our clients to turn their dreams of homeownership into tangible assets that benefit generations. We’re expanding our team and invite skilled loan officers and branch managers to explore the career opportunities we offer. Join us in making a difference and shaping the future of homeownership. To view all openings visit: Careers.”

Synergy One Lending continues to reemerge as one of the industry success stories in 2024. The addition of 12 new branches and the successful expansion of the company’s footprint into several new markets has provided an even stronger foundation of profitable growth as it prepares for even more ahead. A vision with a P&L structure built to grow market share, relentless execution and adoption of leading-edge technology and a culture that is focused on their 3 core values (delighted customers, inspired employees and a pristine reputation) are leading indicators of the company’s trajectory. Be part of it and Make Your Mark by reaching out to Aaron Nemec at (208) 794-7786 or Eric Kulbe at (303) 717-0293.

Geneva Financial, operating in 48 states, announced that Jessie Ermel has joined its leadership team as Chief Compliance Officer where Jessie will drive quality control and compliance for the company’s mortgage operations.

Our industry lost another veteran recently with the death of Alabama’s John Johnson. John was CEO and co-founder of MortgageAmerica, Inc. from 1978 to 2012. But John’s mortgage career began in 1966 at Colonial Mortgage Company and then Molton-Allen & Williams. He served as the Mortgage Bankers Association of Alabama President in 1980-1981 and chaired the organization’s Convention in 1982. John was awarded the Certified Mortgage Banker designation in 1982. was a member of the Board of Directors of the Mortgage Bankers Association of America from 1999-2003, served as Chairman of the Residential Board of Governors in 2001-2002, and was Chairman of the Board of Directors for MERS in 2006. Guys like this helped make our industry what it is today, and he’ll be missed.

 Download our mobile app to get alerts for Rob Chrisman’s Commentary.

Source: mortgagenewsdaily.com

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Indianapolis, IN, is a quintessential Midwestern city, home to the Indy 500, the Indianapolis Colts, and historic landmarks like the Soldiers & Sailors Monument. With nearly 800K residents, there’s plenty to do on any given day – from enjoying the beautiful outdoors, seeing a concert, exploring a museum, or checking out Indy’s food scene.

If you’re looking to rent an apartment in Indianapolis, the average rent for a studio is $$1,163, while a one-bedroom is $$1,224. At ApartmentGuide, we’ve collected a list of the most affordable neighborhoods in Indianapolis. You’re sure to find the right place to call home – and fit in your budget.

12 Affordable Neighborhoods in Indianapolis, IN

From the charming Martindale – Brightwood to the cozy Crown Hill, Indianapolis has a variety of neighborhoods with average rents for studio apartments ranging under the city’s average. These Indianapolis neighborhoods have something for all renters.

1. Martindale – Brightwood
2. Crown Hill
3. Irvington
4. Eagledale
5. Arlington Woods
6. South Broad Ripple
7. East Gate
8. East Side
9. Far East Side
10. North High School
11. Valley Mills
12. Crooked Creek

Read on to see what each neighborhood has to offer its residents.

1. Martindale – Brightwood

Average studio rent: $1,115
Average 1-bedroom rent: $675
Apartments for rent in Martindale – Brightwood

Martindale – Brightwood is the most affordable neighborhood in Indianapolis, as the average rent for a one-bedroom unit is $675. There are plenty of reasons to love living in Martindale – Brightwood, from attractions like the Douglass Park Pool to green spaces like Washington Park. This neighborhood is also a historic area, so make sure to explore all the historic homes and architecture.

2. Crown Hill

Average studio rent: $625
Average 1-bedroom rent: $699
Apartments for rent in Crown Hill

Crown Hill is a relaxing area that’s just north of downtown Indianapolis. This affordable neighborhood has lots of attractions such as the Crown Hill Cemetery, The Children’s Museum of Indianapolis, and the Newfields museum. Crown Hill is also close to I-65, so it’s easy to commute into Downtown Indianapolis.

3. Irvington

Average studio rent: $675
Average 1-bedroom rent: $739
Apartments for rent in Irvington

Irvington is the third-most affordable neighborhood in Indianapolis. This neighborhood is an awesome option as it’s near attractions like the Irving Theater and the Benton House. You can find local restaurants and shops along Washington Street, like Jockamo Upper Crust Pizza and Los Cuates Mexican Restaurant. The area also has plenty of historic homes, often in Victorian or Edwardian styles, so it’s excellent for exploring and enjoying Indianapolis. Or, if you’re looking for a relaxing afternoon, you can find Ellenberger Park in the area.

4. Eagledale

Average studio rent: $853
Average 1-bedroom rent: $799
Apartments for rent in Eagledale

Eagledale is the fourth-most affordable neighborhood in Indianapolis. This neighborhood is a great option if you’re looking for access to plenty of shops and restaurants. For example, you can easily access the Eagledale Plaza Shopping Center. There are also a lot of parks in Eagledale, like Moreland Park and Centennial & Groff Park. It’s also next to the Indianapolis Motor Speedway, making it an awesome choice if you want to be close to this famed car racing track.

5. Arlington Woods

Average studio rent: $769
Average 1-bedroom rent: $849
Apartments for rent in Arlington Woods

Arlington Woods is a stellar neighborhood if you want to live a little further outside Downtown. You’ll likely need a car in this neighborhood, so it’s important to consider that if you’re renting. There are also parks nearby, like Pogues Run Art and Nature Park and Roselawn Park.

6. South Broad Ripple

Average studio rent: $799
Average 1-bedroom rent: $894
Apartments for rent in South Broad Ripple

Next up is South Broad Ripple, the sixth-most affordable neighborhood in Indianapolis. South Broad Ripple is full of history and charm with tree-lined streets, historic buildings, and museums, like the Indianapolis Opera and the Indiana State Fairgrounds . This area also has plenty of parks, restaurants, and attractions, so you’ll have lots to explore. Make sure to enjoy the outdoors at Broad Ripple Park or grab a meal at one of the neighborhood restaurants. There’s something for everyone living in South Broad Ripple.

7. East Gate

Average studio rent: $750
Average 1-bedroom rent: $906
Apartments for rent in East Gate

East of downtown, East Gate is the seventh-most affordable neighborhood in Indianapolis. East Gate has a friendly atmosphere and community feel, with plenty of local cafes and restaurants along East 10th Street and Shadeland Avenue, such as Kasai Sushi Bar & Kitchen and Four Seasons Diner.

8. East Side

Average studio rent: $769
Average 1-bedroom rent: $924
Apartments for rent in East Side

East Side takes the eighth spot on our list of most affordable neighborhoods in Indianapolis. Not to be confused with the Eastside area, East Side is located just south of Fort Harrison State Park. The average rent for a one-bedroom unit is roughly $924, making East Side a great option. East Side has plenty of outdoor spaces, like Fort Harrison State Park, which has plenty of fishing and hiking areas. You can also grab a meal at one of the restaurants along Pendelton Pike.

9. Far East Side

Average studio rent: $825
Average 1-bedroom rent: $972
Apartments for rent in Far East Side

A well-known Indianapolis neighborhood, Far East Side is the next area. Far East Side is home to Grassy Creek Regional Park and the Far East Side Neighborhood Center, meaning there’s plenty to do throughout the week. You’ll find several shopping centers in the area, making errands a breeze. If you need to commute to work, there are many options, as the I-465 is nearby.

10. North High School

Average studio rent: $900
Average 1-bedroom rent: $998
Apartments for rent in North High School

The tenth most affordable neighborhood in Indianapolis is North High School, also called Northwest High School. This area has a vibrant feeling with its popular restaurants and quirky shops. You can find parks like Eagle Creek Park and Northwestway Park, perfect for enjoying a sunny day in Indianapolis.

11. Valley Mills

Average studio rent: $929
Average 1-bedroom rent: $999
Apartments for rent in Valley Mills

Number 11 on our list is Valley Mills. This affordable neighborhood is located southwest of downtown Indianapolis and is an awesome area if you’re looking for a neighborhood close to nature. Valley Mills is also close to parks like Southwestway Park and Carson Park. You can find plenty of cozy cafes and lively restaurants along Kentucky Avenue.

12. Crooked Creek

Average studio rent: $824
Average 1-bedroom rent: $1,034
Apartments for rent in Crooked Creek

Taking the 12th spot on our list of affordable neighborhoods in Indianapolis is Crooked Creek. The average rent for a one-bedroom apartment is $1,034, compared to the city’s average of $1,224. This neighborhood is about 10 miles from downtown, which means it’s closer to some other popular neighborhoods, such as Broad Ripple and Meridian-Kessler. Be sure to explore some of the neighborhood’s attractions, like Juan Solomon Park or Broadmoor Country Club.

Methodology: Affordability based on whether a neighborhood has average studio and 1-bedroom rent prices under the city’s average. Average rental data from Rent.com in March 2024.

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The “Big Apple,” New York City is home to world-famous attractions, like the Empire State Building, iconic brownstones and historic buildings, like Radio City Music Hall, five distinct boroughs, and plenty of hidden gems. It’s no wonder the city also has some of the most famous neighborhoods – and expensive ones at that.

If you’re looking to rent an apartment in New York, you’ll find that the average rent for a one-bedroom apartment is quite high. For example, the average rent for a one-bedroom apartment is nearly $4,770 a month. 

But if you’re looking to experience New York from the lap of luxury, you may be wondering what the most expensive neighborhoods are. ApartmentGuide has gathered a list of the most expensive New York neighborhoods to rent an apartment in this year.

12 Expensive Neighborhoods in NYC

From the trendy Greenwich Village to the historic Brooklyn Heights, there are plenty of amazing New York neighborhoods to choose from. Whether you’re looking for a luxurious apartment or wondering where to rent an apartment, we’ve got you covered.

1. Greenwich Village
2. SoHo
3. Sutton Place
4. West Village
5. Midtown East
6. NoMad
7. Downtown Manhattan
8. Tribeca
9. Chelsea
10. Lincoln Square
11. Brooklyn Heights
12. Hell’s Kitchen

Let’s jump in and see what these neighborhoods have to offer.

1. Greenwich Village

Average 1-bedroom rent: $6,295
Apartments for rent in Greenwich Village

Greenwich Village is the most expensive neighborhood in New York, with the average rent for a one-bedroom unit is $6,295. Despite the price tag, there are plenty of reasons why this neighborhood draws residents. Greenwich Village is near attractions like Washington Square Park and the High Line, making it a prime location to explore the city. The area also has views of the cityscape, so apartment views can be stunning. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants to explore, like Magnolia Bakery, John’s of Bleecker Street, and Cafe Cluny. There are plenty of  subway stations in Greenwich Village, like West 4 St. – Washington Square, so it’s easy to check out the city.

2. SoHo

Average 1-bedroom rent: $5,900
Apartments for rent in SoHo

SoHo is a bustling area that’s south of Greenwich Village. This beautiful neighborhood is near lots of attractions, like the Leslie-Lohman Museum of Art and the Drawing Center. SoHo is well-known for its green spaces like Vesuvio Playground and the charming shops and cafes along Broadway. The average rent for one-bedroom apartments is $5,900, which is about $1,200 above the city’s average, making it a pricier neighborhood. However, SoHo’s charm and amenities may be worth it. SoHo is also one of the most expensive neighborhoods in New York to buy a home.

3. Sutton Place

Average 1-bedroom rent: $5,576
Apartments for rent in Sutton Place

With an average one-bedroom rent of $5,576, Sutton Place is the third most expensive neighborhood in New York. This neighborhood has plenty of historic homes in styles like Beaux-Arts and Art Deco, as well as properties with picturesque views of Roosevelt Island. Sutton Place is also near the FDR Drive, making it a convenient location for commuters. And if you’re looking for a relaxing afternoon, you can spend it at Sutton Place Park.

4. West Village

Average 1-bedroom rent: $5,525
Apartments for rent in West Village

The West Village is the next most expensive neighborhood in New York. This neighborhood is known for its central location near the Whitney Museum of American Art and Pier 51 at Hudson River Park. One of New York’s oldest neighborhoods, it’s no wonder that this is a popular area. West Village has a lot of shops and restaurants, like Dante West Village, Perry St., and Malaparte.

5. Midtown East

Average 1-bedroom rent: $5,506
 Apartments for rent in Midtown East

Midtown East is a stellar neighborhood if you want to live close to iconic attractions. While more expensive, the perks of living in Midtown East may help offset the costs. For example, you can explore New York, as Midtown East is near several subway routes. You can also walk to attractions like the Chrysler Building, Grand Central Terminal, St. Patrick’s Cathedral, and 5th Avenue. The views in Midtown East are also gorgeous as you can see the cityscape and the Rockefeller Center.

6. NoMad

Average 1-bedroom rent: $5,400
Apartments for rent in NoMad

Next up is NoMad, the sixth most expensive neighborhood in New York. NoMad is full of history and charm with tree-lined streets, historic buildings, and museums. This area also has plenty of parks, restaurants, and attractions, so you’ll have lots to explore. Make sure to enjoy the outdoors at Madison Square Park or grab a meal at one of the neighborhood restaurants like Scarpetta or KazuNori: The Original Hand Roll Bar. It’s no wonder the monthly rents are above New York’s average in this NYC neighborhood.

7. Downtown Manhattan

Average 1-bedroom rent: $5,197
Apartments for rent in Downtown Manhattan

Downtown Manhattan is the next neighborhood on our list. This neighborhood encompasses plenty of smaller areas, including some of the most affordable neighborhoods in New York. From the Battery and Washington Square Park to Wall Street and The Woolworth Building, there are many reasons that make this area so expensive. There are plenty of subway stops in the area, making it easy to get around the city.

8. Tribeca

Average 1-bedroom rent: $5,184
Apartments for rent in Tribeca

Tribeca takes the eighth spot on our list of most expensive neighborhoods in New York. The average rent for a one-bedroom unit is roughly $400 more than the city’s average. Tribeca is a great option to consider if you’re looking to be near the Hudson River. It’s home to plenty of attractions, like Washington Market Park, the Woolworth Building, and the Ghostbusters Headquarters. You can also enjoy walking around the charming cobblestone streets and take in the historic architecture.

9. Chelsea

Average 1-bedroom rent: $5,155
Apartments for rent in Chelsea

A well-loved New York neighborhood, Chelsea is the next area. Chelsea is home to the Chelsea Market, Madison Square Garden and the High Line, meaning there’s plenty to do throughout the week. You’ll find there are countless historic buildings in Chelsea, like The Joyce Theater, so make sure to explore the area’s charm. If you need to commute to work, there are lots of options as the 7th Avenue subway station is nearby.

10. Lincoln Square

Average 1-bedroom rent: $5,004
Apartments for rent in Lincoln Square

The tenth most expensive neighborhood in New York is Lincoln Square. This area has a vibrant feeling with its popular restaurants and quirky shops. You can find parks like Central Park and Riverside Park, perfect for enjoying a sunny day in New York. Lincoln Square is also home to the Lincoln Center for the Performing Arts, providing residents with lots of opportunities to enjoy their neighborhood.

11. Brooklyn Heights

Average 1-bedroom rent: $4,987
Apartments for rent in Brooklyn Heights

Number 11 on our list is Brooklyn Heights. This neighborhood is located south of Manhattan in the Brooklyn borough. It’s a fantastic area if you’re looking for a neighborhood with charming streets. You can find plenty of cozy cafes and lively restaurants along Atlantic Avenue, such as Chez Moi and Table 87. Brooklyn Heights is also close to parks like Brooklyn Bridge Park and the Brooklyn Heights Promenade, offering stunning views of Manhattan.

12. Hell’s Kitchen

Average 1-bedroom rent: $4,986
Apartments for rent in Hell’s Kitchen

Taking the 12th and final spot on our list of most expensive neighborhoods in New York is Hell’s Kitchen. This famous neighborhood is located in between Lincoln Square and Chelsea. The average rent for a one-bedroom apartment is $4,986, compared to the city’s average of $4,770. Hell’s Kitchen’s expensive rent may be offset by its famous attractions like the Intrepid Sea, Air & Space Museum, Birdland Jazz Club, Terminal 5, and the Hudson River Park. The convenience of these activities might be worth it to move to the neighborhood.

Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in March 2024.

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It’s time to nurture nature with an eco-friendly home life.

In our fast-paced modern world, where technology reigns supreme and convenience is king, it’s easy to lose touch with the natural rhythms of the earth. But as we become increasingly aware of the impact of our actions on the environment, many of us are turning towards eco-friendly living not just for the planet’s sake, but for our own well-being too. Let’s explore how adopting a more sustainable lifestyle can not only benefit the environment but also improve our sleep and energy levels.

Exploring the connection: Sleep, energy, and the eco-friendly home

Sleep is a fundamental aspect of our health and well-being, yet many of us struggle to get enough quality rest each night. Likewise, low energy levels have become a common complaint in our caffeine-fueled society. But what does this have to do with the environment?

The answer lies in the intricate connection between our bodies and the world around us. Our sleep-wake cycle, also known as the circadian rhythm, is regulated by environmental cues such as light and temperature. When we disrupt these natural cues with artificial lights, electronic devices, and erratic schedules, we throw our circadian rhythm out of balance, leading to sleep disturbances and fatigue.

Furthermore, our energy levels are closely tied to our overall health and vitality, which in turn are influenced by the air we breathe, the food we eat, and the products we use. By prioritizing eco-friendly practices, we not only reduce our carbon footprint but also create a healthier environment for ourselves to thrive in.

Sustainable sleep practices

One of the first steps towards enhancing sleep and energy levels is to create a sleep-friendly environment. This means optimizing our surroundings to promote relaxation and restfulness. Here are some eco-friendly home tips to transform your bedroom into a sanctuary for sleep:

  1. Natural materials: James Higgins, founder of Ethical Bedding, shares material matters. “Mindful purchasing and consumption means researching the companies you buy from,” Higgins notes. “Always choose organic (and plastic-free) wherever possible even if this means spending more. Spending a little more on higher quality products that are built to last will pay off in the long run.”
    Following Higgins’s advice and choosing organic bedding made from materials such as cotton, bamboo, eucalyptus, silk, or linen, which are not only gentle on the environment but also breathable and comfortable for sleep.
  2. Chemical-free products: Avoid harsh chemicals and synthetic fragrances in your bedroom cleaning products and personal care items. Opt for natural alternatives to reduce exposure to harmful toxins that can disrupt sleep.
  3. Mindful lighting: Embrace natural light during the day and minimize artificial light exposure at night, especially blue light from screens, which can interfere with melatonin production and disrupt sleep patterns.
  4. Indoor plants: Incorporate indoor plants into your bedroom decor to improve air quality and create a calming atmosphere. Plants such as lavender, jasmine, and snake plants are known for their sleep-promoting properties.
  5. Energy-efficient appliances: Invest in energy-efficient appliances and electronics to reduce energy consumption and minimize environmental impact. Hsin, with Nanani World, recommends this especially when it comes to lighting. “Switching to LED lighting from conventional incandescent bulbs can reduce energy consumption. LED bulbs last longer and are essential for lowering carbon emissions, which promotes environmental sustainability,” Hsin shares. Specifically, red LED lighting can enhance sleep quality and promote a quicker falling-asleep process, studies have found.
  6. Disconnect from screens: Power down electronic devices at least an hour before bedtime to allow your mind to unwind and prepare for sleep. Sharon Bonner with Bright Ideas Event Agency shares her biggest wind-down tips. “No screen time 90 minutes before sleep and when sleeping, put devices in a Faraday bag to remove potential distraction,” Bonner shares.

Energize your day with sustainable living

Beyond improving sleep quality, adopting an eco-friendly lifestyle can also boost your energy levels and overall well-being. Here are some ways to energize your day while reducing your environmental impact:

  1. Consider a plant-based diet: Incorporate more plant-based foods into your diet, such as fruits, vegetables, whole grains, and legumes. Plant-based diets are not only environmentally sustainable but also rich in nutrients that can increase energy levels and support overall health.Caroline James, with Envirolineblog.com, shares how to further make the most out of your meals. “Sometimes people think that being eco-friendly is more expensive. However, one of my favorite sustainable tips is to plan your meals and write a shopping list at the same time,” James explains. “Something as simple as writing a shopping list helps reduce food waste by assessing what you already have rather than impulse buying. Planning your meals also saves you money when you don’t overbuy and inevitably throw food away.”
  2. Stay hydrated: Drink plenty of water throughout the day to stay hydrated and maintain optimal energy levels. Invest in a reusable water bottle to reduce plastic waste and minimize your carbon footprint.
  3. Re-read labels: A lot of household products are toxic and can negatively affect our health. Rachel Lincoln Sarnoff, former journalist and founder of Mommy Greenest, explains the dangers of certain household items. “When it comes to air freshening and candles (and cleaners, for that matter), avoid artificial fragrances, which can contain hundreds of chemical ingredients including phthalates linked to hormone disruption,” Sarnoff warns. “Unless a label lists the components of what scents the product — such as essential oils—then the word “fragrance” probably means it’s artificial.”Another household item to reconsider is non-stick pans. “[Non-stick pans] are coated with PFOAs that can be harmful to human health,” Sarnoff explains. “If you can’t afford to overhaul your set, start with those that are scratched, which are more likely to leach these toxic chemicals into your food, and replace pans with metal versions that don’t have a non-stick coating. You can have the pans sand-blasted down to a stainless steel base and either continue to use or recycle them.”
  4. Get moving outdoors: Take advantage of the natural world around you by engaging in outdoor activities such as hiking, cycling, or gardening. Spending time in nature can reduce stress, increase energy levels, and foster a deeper connection to the environment.
  5. Reduce, reuse, and recycle: Practice the three R’s of sustainability — reduce, reuse, and recycle — to minimize waste and conserve valuable resources. Valinda, founder of Green and Happy Mom, explains that opting for what you already own is the most eco-friendly choice. “Why buy a stainless steel bottle if your trusty plastic one still serves its purpose? The same principle applies to food containers, bags, and more. When considering a new purchase, explore secondhand options first, ” Valinda concludes. “Not only does this reduce the demand for new resources, but it also helps you save some money.” Emma Reed suggests finding reusable alternatives first and investing in them. “Whether that be reusable wipes for the home, a reusable coffee cup you can take out with you, reusable nappies/diapers for your baby, or beeswax wraps instead of clingfilm, there are many doable and handy options, Reed shares. “On top of being more environmentally friendly, they are also much kinder to your wallet too – it’s a win-win.”

Eco-friendly home: Other ways to cultivate a green oasis

Incorporating eco-friendly practices into every aspect of your home life can have a significant impact on both the environment and your well-being. Here are some overarching green living tips to help you reduce your carbon footprint and create a more sustainable living space:

  1. Simple swaps: Jennifer Young with What’s Good suggests starting with swaps that impact your health first. “For example, your skin is your largest organ and absorbs 70% of what it comes in contact with —  your feet absorb 100%!  This means the first change is laundry, like clothing, sheets, and towels. Ditch the big plastic bottle laundry detergent and start using concentrated laundry strips or powders,” Young shares. “Both are plastic- and liquid-free which hugely reduces fossil fuel consumption. Plus, there are no synthetic fragrances, dyes, or other harmful chemicals that might interrupt your endocrine system or aggravate your skin. You can further protect your health and save energy by using dryer balls instead of dryer sheets or fabric softener.”Yalu Xu, with Momo Lifestyle, echoes this sentiment that embracing eco-friendly living starts with reevaluating household essentials. “There’s room for sustainability in unexpected areas, like bath mats. Traditional fabric bath mats require weekly washes, using over 2,000 liters of water each year, ” Yalu Xu shares.

    “An innovative alternative is a product like Drytomita bath mat. Made from diatomaceous earth, these mats not only absorb and evaporate water quickly but also maintain their cleanliness and functionality like new for years, with simple sandpaper maintenance. It’s a testament to how sustainable choices can seamlessly integrate into, and enhance our daily lives.”Another simple swap, shared by Lamar with BRoadout is opting for reusable alternatives like cotton and choosing sustainable materials like bamboo. “Cotton and bamboo are both sustainable choices and both hold a pivotal role as one of our primary raw materials, featured in a wide array of products, Lamar explains. “Choosing sustainable cotton items for your home, like tents and chairs, or bamboo items like tables, is a thoughtful way to care for your loved ones and the environment.” Lastly, Alyssa Bolaños, founder and CEO of Oh-Eco.com, reminds us not to feel pressure to make all the swaps at once. “My number one tip for living more sustainably is to use what you have, then, get what you need – just the sustainable version,” Bolaños states. “As you run out of your household cleaners or items, swap them for a more sustainable version on your next shopping trip. So instead of a plastic toothbrush, switch to bamboo. Or instead of saran wrap, maybe reusable bowl covers or beeswax wraps. You don’t have to change everything overnight.”

  2. Consider air purifying measures: Jen Stout, co-founder of Healthier Homes, explains the importance of air purifying measures. “Adding a portable air filtration system with UV/ion purification in your living and bedroom areas is well worth the investment,” Stout exclaims. “Something many don’t think about either is paint – look for paints that seal the surface and are zero VOC, to add beauty and color to your space, while keeping the air condition pristine.” Houseplants can also help filter toxins, add oxygen to the air, and contribute to healthy sleep.
  3. Energy efficiency: Ecoclicky support team encourages homeowners to consider renewable energy sources. “Install solar panels to harness solar energy, reducing reliance on non-renewable power sources,” the team shares. “For those unable to install panels, choosing energy providers that offer green energy plans can be a great alternative.” The team also advises upgrading to energy-efficient appliances and LED lighting. “This cuts down on electricity usage along with remembering to unplug devices when not in use,” the Ecoclicky team notes.

By incorporating these overall green living tips into your home, you can create a more eco-friendly environment that benefits both your health and the planet.

Simplifying conserving and preserving the earth

As we reflect on our relationship with the planet, let’s remember that our actions not only shape the world around us but also impact our health and well-being. By embracing eco-friendly living practices, we can enhance our sleep and energy levels while safeguarding the environment for future generations. So, let’s commit to treading lightly on the earth and nurturing a sustainable lifestyle that benefits both ourselves and the planet we call home.

Wesley is a Charlotte-based writer with a degree in Mass Communication from the University of South Carolina. Her background includes 6 years in non-profit communication and 4 years in editorial writing. She’s passionate about traveling, volunteering, cooking and drinking her morning iced coffee. When she’s not writing, you can find her relaxing with family or exploring Charlotte with her friends.

Source: rent.com