New York City features plenty of exciting opportunities but also charges some of the most expensive rents in the country. While many tenants received ental concessions during the height of the COVID-19 pandemic, many of those deals expired, and now more renters continue to move to the city. With rental prices increasing, boroughs like Brooklyn appear more attractive to those looking to avoid some of Manhattanโs pricey apartments while living close to beautiful parks, shopping centers, restaurants, and Manhattan itself.
The average rental price for a one-bedroom New York City apartment reigns in at $4,100, but many apartments in Brooklyn cost less. Weโve gathered a list of current impressive and affordable units across the borough. Continue reading to find your next dream apartment that doesnโt break the bank.
1. 346 91st Street
Neighborhood: Bay Ridge
Price: $2,500
Size: 1 Bed 2 Flex, 1 Bath
Percentage Above: 38.89%
This furnished one-bedroom apartment can be flexed into a two-bedroom, making it an ideal location for those looking to spread out. With over 900 square feet, tenants can use the entire area or create two bedrooms while enjoying plenty of space. The unit also features a recently renovated bedroom, washer and dryer, dishwasher, king-sized Tempurpedic mattress, and an indoor parking spot. Tenants will enjoy proximity to the subway, restaurants, and parks.
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2. 1186 Park Place #1A
Neighborhood: Crown Heights
Price: $1,300
Size: Roomshare, 1 Bath
Percentage Below: 52.15%
Tenants looking for a roomshare living situation can apply for this unit, where they will rent one bedroom in a three-bedroom apartment. This cost-effective option also offers a washer/dryer in the unit, central air, and a private bathroom. The rent includes all utilities except WiFi, and tenants can have pets. With proximity to several subway stops, this is an excellent find for those seeking a cheap option.
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3. 956 East 101st Street
Neighborhood: Canarsie
Price: $2,351
Size: 2 Beds, 1 Bath
Percentage Below: 17.51%
This two-bedroom unit in a private building provides ample space to spread out. This apartment is a gem featuring stainless steel appliances, an in-unit washer, a dryer, and a parking spot in a driveway. Tenants will also have proximity to a subway stop and several schools.
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4. 1635 83rd Street #BSMT
Neighborhood: Bensonhurst
Price: $1,300
Size: 1 Bed, 1 Bath
Percentage Below: 23.53%
Prospective tenants who do not mind living in a basement unit will score a great deal on this one-bedroom apartment. The large bedroom can fit any size bed, and there is space off the kitchen for an eating area. The rent includes all utilities, and tenants have proximity to a subway station.
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5. 106 Washington Avenue #4B
Neighborhood: Clinton Hill
Price: $1,575
Size: 1 Bed, 1 Bath
Percentage Below: 4.55%
Newly renovated with modern details, this one-bedroom unit in Northwestern Brooklyn offers plenty. Tenants will enjoy stainless steel appliances, large windows, and a common roof deck. The closest subway station is a twelve-minute walk away, but Pratt Institute students can live within a ten minute walk to campus.
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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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