<p>TheJuanSoto,</p>
<p>Your question is rather hard to answer because there are so many factors to be considered. However, I will attempt to take a shot at addressing some points for you to consider in comparing cost of on campus vs. off campus housing.</p>
<p>1) You should be aware of the different cost for the various dorms and type of room in the dorms (single, double, triple). Here is the link for 2010-2011 if you have not seen the NYU housing fees list yet.</p>
<p><a href=“http://www.nyu.edu/content/dam/nyu/resLifeHousServ/documents/2010_2011UHousingrates.pdf[/url]”>http://www.nyu.edu/content/dam/nyu/resLifeHousServ/documents/2010_2011UHousingrates.pdf</a></p>
<p>2) So would you be staying at a low cost triple at Rubin say for around $6700/ academic year or would you live in a single room at around $14,000/ academic year (approximately 8 1/2 to 9 months)?</p>
<p>3) Then one would have to know if you are planning to live off campus by yourself (usually not the case because it is definitely more economical to split rent with one or more persons, given how high the rent is in NYC, especially Manhattan). Assuming you will rent an apartment with other(s), how many others?</p>
<p>4) The next question is where would you live? Do you have to live near NYU, where off-campus housing tends to be some of the highest in NYC. Or are you willing to look into farther out areas, like Brooklyn (Williamsburg seems to be a popular destination for the young and it is a few subway stops from Manhattan).</p>
<p>5) Another factor is how hard you are willing to research and hunt for apartments. Some people have recommended looking into Craigslist as a preferable option to the off campus housing leads provided by NYU. But maybe not, perhaps the NYU Housing Referral office can be of assistance and your timing may be good for available listings.</p>
<p>6) If you plan to stay in NYC for the summer to work or do an internship, living off campus can be more economical because your lease will be for 12 months instead of 8-9 months (academic calendar). But again this depends on what you can find and what you would have chosen if you decided to stay in campus housing.</p>
<p>7) As an example, some people have reported getting off campus housing to share for say $2200 (this is an very good price in the NYU area and may depend on luck, contacts, walking around neighborhoods for availability, a break with Craigslist listings, etc.) to $3000+/ month rent for maybe 3 people. So say, you get an apartment for three people for $3000 a month. That works out to be $1000/ month per person or $12,000 a year per person. This would compare favorably with say a double in a dorm like Founders which charges $13,000+ for 8-9 months of housing. And the off campus pricing gets even more attractive if you are able to find an off campus apartment that can accommodate 4 or more people with only “slight” increase, relatively speaking, in the price of the rent. Say a $3600/ month loft that can sleep 4 people with a living area.</p>
<p>8) Also, keep in mind that if you only intend to stay in NYC for the academic year, most off-campus housing require a one year lease. So you may be paying for more months than you need, though you have the option of looking for someone to sublet your space for the summer (this of course, is more hassle, but may save you $ in the end). </p>
<p>So, as you can tell, your question is a very complex one to respond to without knowing more of the specifics and finding out what is available on the market for how many people.</p>