This is probably the least expensive part of town, and whatever your budget may be, you won't strain it too much living here. It is a good place to live without a car because it is very close to all sorts of public transportation. There are also lots of hidden gems of restaurants, clubs and bars in all sorts of price ranges. If you're into dive bars, this is heaven for you. Also, if you're not planning on using your kitchen for cooking, this is a great part of town because there are tons of cheap eats open till the wee hours of the morning. If you do have a car, although parking is not easy, it's not as impossible as in some other areas.