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 March in Manhattan!
1. 2186 5th Avenue Unit 4D
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Neighborhood: Central Harlem
Price: $2,400
Size: 1 Bed, 1 Bath
Percentage Below Median: 4.00%
Huge Junior 4 bedroom with a private balcony. Though the unit only has one true bedroom, it is large enough to be converted into further bedrooms. The unit comes with plenty of closet space and is located conveniently by the Howard Bennett Playground and is only two blocks away from the Harlem River
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2. 507 East 13th Street
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Neighborhood: East Village
Price: $2,600
Size: 1 Bed, 1 Bath
Percentage Below Median: 11.86%
Up next, don’t miss out on this spacious one bedroom with plenty of charm in the form of french doors and gorgeous hardwood flooring. The unit is located in an well kept walk-up building located in the heart of East Village. Just a few blocks away from some of the best restaurants and bars East Village has to offer such as the Garrett East.
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3. 507 East 13th Street
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Neighborhood: East Village
Price: $2,500
Size: 1 Bed, 1 Bath
Percentage Below Median: 15.25%
A first for our affordable rental series, but we’re featuring two separate units from the same building since these deals just can’t be beat! This other unit in the 507 East 13th Street building features beautiful french doors, ceiling fans, and bright natural light from the multiple windows in the unit.
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4. 40 Clinton Street Unit 3B
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Neighborhood: Lower East Side
Price: $3,695
Size: 2 Beds, 1 Bath
Percentage Below Median: 4.65%
Quaint two bedroom apartment with exposed brick walls, marbled countertops, and dishwasher. The unit’s location simply can not be beat. Surrounded by amazing restaurants such as Ivan’s Ramen, Clinton St. Baking Company, and Beauty and Essex, this apartment is a must for foodies who want to live by good food. Not to mention, you’ll also be surrounded by some of the best night life around town, Mr. Purple, The Delancey, and Sour Mouse are just some of the best places to check out with your friends.
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5. 110 East 7th Street Unit 17
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Neighborhood: East Village
Price: $2,725
Size: 1 Bed Flex 2, 1 Bath
Percentage Below Median: 5.22%
Finally, be sure to check out this newly renovated unit with great natural lighting and a full kitchen. The one bedroom is large enough to be converted into an additional bedroom/office space and the unit comes with a washer and dryer in unit! That’s how you know you’ve made it in NYC!
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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.
