Manhattan Listings Under $2,325 in February 2023

Manhattan and โ€œexpensiveโ€ are practically synonyms, where the median price for a one-bedroom unit in the borough rests at $3,995. Those who wish to rent in popular neighborhoods must prove ready to dig into their pockets, even during the cooling winter months with less frequent rental activity. No matter the time of year that a renter is looking for a Manhattan apartment, they must remain vigilant if they attempt to find a deal.

Those who wish to rent during this time of year will generally benefit from lower rental prices, creating an advantageous scene for bargain hunters. The following list highlights inexpensive deals across Manhattan this month, boasting various features like stainless steel appliances, laundry in the building, and decorative fireplaces.


1. 287 Pleasant Avenue #3

room with fireplace and molding
Neighborhood: East Harlem
Price: $2,195
Size: 1 Bed, 1 Bath
Percentage Below: 15.58%
Boasting over 900 square feet of space, this one-bedroom in East Harlem features plenty of charm and natural sunlight. The living room includes a decorative fireplace, molding, and two oversized windows. Renters will walk through French doors into the bedroom, which includes built-in storage and a spacious walk-in closet. This cat-friendly unit spans the entire third floor of a townhouse on a quiet, tree-lined block. Potential tenants can apply with a guarantor and pay a reduced brokerโ€™s fee. Renters will live a twelve-minute walk away from the 6 line.
 

2. 20 Broadway Terrace

bedroom with one window
Neighborhood: Washington Heights
Price: $1,825
Size: 1 Bed, 1 Bath
Percentage Below: 19.43%
Secure a low rental price with this one-bedroom Washington Heights unit. The apartment opens into a living area that leads into a separate kitchen with a dishwasher and plenty of cabinet and counter space. In the bedroom, renters will find a window and closet space in the hallway. Renters can access laundry facilities in the basement and will not have to pay a brokerโ€™s fee. The pet-friendly building resides within a four-minute walk of the 1 line.
 

3. 330 East 74th Street #3C

bright room with two windows
Neighborhood: Upper East Side
Price: $2,200
Size: Studio, 1 Bath
Percentage Below: 11.82%
Spacious and sunny, this studio apartment offers a competitive price in one of Manhattanโ€™s most desirable neighborhoods. This unit features two large windows that welcome natural light, hardwood floors, and closet space. The kitchen includes cabinetry, counter space, and white appliances. Renters can secure this cat-friendly unit to live within a three-minute walk of the Q line.
 

4. 137 West 137th Street #4G

bright living area with kitchen
Neighborhood: Central Harlem
Price: $2,300
Size: 2 Bed, 1 Bath
Percentage Below: 25.00%
This bright and renovated two-bedroom unit includes an open-concept kitchen with stainless steel appliances like a dishwasher. In the bedroom, renters will find closet space and large windows, along with the light hardwood flooring that runs throughout the entire unit. Throughout the building, they can utilize the common laundry room, elevator, and package room. This pet-friendly apartment resides within a three-minute walk from the 2 and 3 subway lines.
 

5. 199 Henry Street #4A

spacious bedroom with window
Neighborhood: Two Bridges
Price: $2,325
Size: 1 Bed, 1 Bath
Percentage Below: 53.01%
Renters can live downtown in this renovated one-bedroom apartment. The unit includes mahogany cabinets and stainless steel appliances, then opens into the living room with and window and closet space. In the bedroom, renters can fit a queen-size bed and can access two windows. This affordable unit resides within a three-minute walk of the F subway line.

 

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.

Not sure how much rent you can afford? Check out our Rent Calculator now to jumpstart your apartment search.

Allyson Waddell
Allyson Waddell
Allyson Waddell is the Vice President of Client Success at RentHop. Her blog contributions include tips for renters, helpful information for advertisers, and data studies that cover national and regional real estate trends.

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