Manhattan and “expensive” are practically synonyms. The median price for an apartment in the borough dropped $5 from last month to $4,495, and those who wish to rent in popular neighborhoods must prove ready to dig into their pockets. No matter the time of year a renter is looking for a Manhattan apartment, they must remain vigilant if they attempt to find a deal.
As fall begins, renters can find lower-priced apartments than during the busy summer months. Those who still need to sign a lease can consider the following units that allow pets, feature stainless steel appliances, and reside close to subway stops.
Best Manhattan Listings in October 2023
1. 341 East 76th Street #5F
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Neighborhood: Upper East Side
Price: $2,450
Size: 1 Bed, 1 Bath
Percentage Below: 30.00%
Upper East Side renters can consider this sun-filled one-bedroom apartment. The unit includes a spacious kitchen with white appliances, plenty of cabinets, and granite countertops. The bedroom features two windows and two closets with storage above, making this an ideal option for couples. The cat-friendly unit resides in a well-maintained building that is a five-minute walk to the Q train.
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2. 1627 Park Avenue #5D
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Neighborhood: East Harlem
Price: $2,425
Size: 1 Bed, 1 Bath
Percentage Below: 11.82%
This one-bedroom apartment does not charge a broker’s fee and resides in an amenity-filled building. The pet-friendly unit boasts multiple windows that welcome natural light. In the open-concept kitchen and living area, renters will find stainless steel appliances, light wood cabinets, and a closet. This apartment spans 540 square feet and sits in a building with an elevator, laundry room, and fitness center. Tenants will live three minutes away from the 6 train.
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3. 149 1st Avenue #1R
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Neighborhood: East Village
Price: $2,500
Size: Studio, 1 Bath
Percentage Below: 24.24%
Those looking to rent in the East Village can tour this studio with charming details. The living area includes a brick fireplace that can mount a television. Renters could decorate the area with living room essentials or include bedroom furniture like a dresser and nightstand. The apartment receives plenty of natural light and includes hardwood floors, an open kitchen, and renovated appliances. Tenants will live in a popular area with nightlife, restaurants, and shopping in close proximity. The L train is also a six-minute walk away.
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4. 1 Bennett Avenue #44
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Neighborhood: Washington Heights
Price: $2,500
Size: 2 Bed, 1 Bath
Percentage Below: 12.28%
Small families or those who want extra space can consider this uptown two-bedroom apartment. The living room includes plenty of space and transitions into a modern kitchen area with stainless steel appliances, a dishwasher, and a counter with room for barstool seating. The larger bedroom resides near the bathroom and boasts multiple windows and the smaller bedroom can convert into a home office or nursery. This renovated unit resides in an elevator building with laundry facilities and a live-in super. Tenants will live three minutes away from the A train and four minutes from the 1 train.
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5. 936 West End Avenue #E1
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Neighborhood: Upper West Side
Price: $2,325
Size: Studio, 1 Bath
Percentage Below: 31.62%
This studio provides a longer rectangular shape that a renter can split between a living room and a sleeping area. The apartment includes a kitchenette with white appliances, a few cabinets, and space for an additional island or counter area. Columbia students would live in close proximity to campus, and renters will not pay a broker’s fee for the studio. The building is a three-minute walk from the 1 train.
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Methodology
Released on a monthly basis, the RentHop Best Deal series aims to provide renters with useful market insights and a chance to identify rental gems currently available on the market. These listings are hand-selected by the team at RentHop based on a few factors, including layout, apartment size, features, and more importantly, price.
Note that, given the fast-paced nature of the rental market in New York, certain listings may receive applications and be taken off within days on market. If you are interested in scheduling a showing or have further questions, please make sure to submit an inquiry via the inquiry submission form located on the listing page.
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