For many of us, it’s hard to pass up an opportunity to live in Manhattan especially when you find an amazing deal. These are what we at RentHop like to refer to internally as gems. Thanks to years of accumulated rental data, we have some of the most affordable and quality rental listings the Big Apple has to offer. Our inventory of listings has grown exponentially over the years, and each month we’ll go over some of our favorite deals for rental listings.
Rental concessions offered by landlords have remained steady at pre pandemic rates (on average one month free) with some buildings not even offering any. Despite seasonality, as pandemic rental concessions begin to end, renters who are about to be priced out are looking to move once again. This has led to an increase in both demand but also inventory of available units on the market. Today we’ll focus on some of our favorite deals in Manhattan for this coming February in Manhattan!
1. 400 West 45th Street Unit 4A
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Neighborhood: Hell’s Kitchen
Price: $2,650
Size: 1 Bed, 1 Bath
Percentage Below Median: 0.93%
This month, we kick off our list with a spacious one bedroom Hell’s Kitchen apartment. The unit lots of bright LED lights on the ceiling along with plenty of closet spaces. The landlord isn’t currently accepting dogs but cats are allowed! Please note that this is a leasebreak.
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2. 715 East 5th Street Unit 2D
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Neighborhood: East Village
Price: $2,250
Size: 1 Bed, 1 Bath
Percentage Below Median: 23.73%
Tired of not getting enough natural light in your current apartment? Check out this East Village unit with plenty of natural light and windows. The landlord allows pets and out-of-state guarantors. Please note that this will be a sublet. Future tenants will have the opportunity to sign a new lease starting in June.
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3. 68 Bradhurst Avenue Unit 7T
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Neighborhood: Central Harlem
Price: $1,500
Size: 2 Beds, 2 Baths
Percentage Below Median: 60.53%
Looking for a short-term rental? This next unit will be available for five weeks and would be perfect for someone in need of just a short stay. It is being advertise by the current tenant who will want you to look after their cat while you stay in the unit.
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4. 306 West 93rd Street Unit 21
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Neighborhood: Upper West Side
Price: $1,800
Size: Studio, 1 Bath
Percentage Below Median: 16.28%
Looking to move close by to the water? This furnished studio unit in the Upper West Side is right by Riverside Park and comes with features such as a piano, lofted bed, and lots of storage! Please note that this will be a sublet unit.
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5. 118 West 83rd Street Unit 3C
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Neighborhood: Upper West Side
Price: $2,550
Size: 2 Beds, 1 Bath
Percentage Below Median: 19.69%
Last but not least, we have this two bedroom unit with a fire escape. Pets are allowed and the building even has a live-in super, meaning you should receive fast and speedy repairs. The unit is managed by Brusco Group and this particular unit will be a lease assignment.
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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 — such listings will be on average 10% – 30% below the median asking price of other similar-sized listings in the same neighborhood.
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.
Not sure how much rent you can afford? Check out our Rent Calculator now to jumpstart your apartment search.
