New York Manhattan rent? It's becoming a situation where money is openly thrown away on the street.

Today, I'd like to share the reality of finding a room in 2006 for those who are about to empty their wallets in the glamorous 'concrete jungle' of New York.

Well, not everyone is trying to live in New York because they have an abundance of money.

Manhattan: A Miracle of Burning 6 Million Won a Month Just to Sleep

Do you want to live in the heart of New York, Manhattan?

Great. The average rent for a one-bedroom in Manhattan starts in the mid-$4,000 range.

If you do the math with today's exchange rate, you'll see that just breathing will cost you nearly 6 million won in rent each month.

Premium areas: Tribeca, Soho, West Village? Here, you'll need to pay well over $5,000.

Value-for-money (?) areas: If you want to find some humanity (?), you'll have to go to Upper Manhattan, like Inwood or Washington Heights.

There, you can compromise around $2,500 to $3,000.

Of course, the time spent commuting on the subway is on you.

Is Manhattan too expensive, so you're looking towards Queens?

A one-bedroom in Astoria or Flushing is around $2,000 to $2,800.

Especially in Flushing, where many of our Korean community members live, it's about $2,200 to $2,600.

Brooklyn is even more outrageous. Hip neighborhoods like Williamsburg already boast rental prices that rival Manhattan.

If you're really looking for cheaper places, you might consider Flatbush or Sunset Park, but even those are gradually rising, so it's best to hurry.

Rent Stabilization? A Lottery You Need Luck to Win

In New York, there's a system called 'Rent Stabilization' to protect tenants.

There are about a million units in New York City, but to be honest, this is a blessing only for those who are already living there.

It prevents landlords from raising rents at will.

However, for those of you looking for a new place, it's likely just a pipe dream.

Most clean units coming onto the market are either outside the regulations or already priced to the max.

If you happen to snag one of these listings, consider it a blessing from your ancestors.

Minimum Defense Mechanisms Every Tenant Should Know

The New York real estate market is a place where you can get taken advantage of in broad daylight. At the very least, remember these two things and sign your lease.

Broker Fee: In the past, it was customary for tenants to bear the full cost, but the law has changed. If the broker is hired by the landlord, the fee should be paid by the landlord. Don't hesitate to ask.

Deposit: The security deposit is legally limited to just one month's rent. If they ask for more, they're either a scammer or an ignorant landlord who doesn't know the law, so you can avoid them.

Living in New York seems to be a battle of 'how efficiently you get taken for a ride.'