Manhattan and “expensive” are practically synonyms, where the median price for a one-bedroom unit in the borough sits at $4,000. 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 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, oversized windows, and doormen.
1. 1501 Lexington Avenue #7K
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Neighborhood: East Harlem
Price: $2,385
Size: Studio, 1 Bath
Percentage Below: 9.14%
This no-fee studio in East Harlem provides renters with the opportunity to live in an amenity-filled building for a competitive price. The sun-drenched apartment resides on a quiet floor and offers a spacious kitchen with stainless steel appliances including a dishwasher. In the living space, renters will find hardwood floors, an oversized window, and closet space. Tenants can access building features like the fitness center, doorman, and laundry room. The elevator building resides within a three-minute walk of the 4 and 6 subway lines.
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2. 516 East 80th Street #6
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Neighborhood: Upper East Side
Price: $2,272
Size: 1 Beds, 1 Bath
Percentage Below: 9.00%
With a spacious bedroom and kitchen, this Yorkville apartment opens up into the living room. The bright kitchen includes plenty of counter space, white cabinetry, and stainless steel appliances including a dishwasher. In the queen-sized bedroom, tenants will find plenty of closet space and hardwood floors that run throughout the living area as well. This no-fee unit also allows cats and resides near Upper East Side local restaurants, parks, and shopping opportunities.
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3. 310 West 20th Street #B4
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Neighborhood: Chelsea
Price: $1,750
Size: Studio, 1 Bath
Percentage Below: 37.50%
The renter who is looking for a deal in one of Manhattan’s most popular neighborhoods can take advantage of this micro-studio in Chelsea. While it does not provide much space, it does offer the opportunity to live near local favorites like stellar restaurants, the Highline, Chelsea Markets, and more. The unit features hardwood floors and a cooking area. Renters can decide to take the unit furnished or unfurnished, and will share a common bathroom with floormates. Short-term rentals are allowed, making this an ideal spot for someone looking to stay in a popular neighborhood for a short period of time.
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4. 470 Lenox Avenue #14U
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Neighborhood: Central Harlem
Price: $2,299
Size: 1 Bed, 1 Bath
Percentage Below: 8.04%
Located in a newly renovated building with plenty of amenities, this one-bedroom apartment offers spacious rooms with oversized windows. The large kitchen provides ample counter and cabinet space along with stainless steel appliances. With hardwood floors throughout, the bedroom includes closet space and views of the skyline. Renters will appreciate building amenities like a 24-hour doorman, elevators, on-site parking, and storage opportunities. Located within a three-minute walk of the 2 and 3 lines, this apartment provides an advantageous opportunity for a savvy renter.
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5. 408 West 130th Street #61
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Neighborhood: West Harlem
Price: $2,300
Size: 2 Beds, 1 Bath
Percentage Below: 5.15%
Bright and spacious, this two-bedroom apartment in Manhattanville features hardwood floors and generously-sized bedrooms. The oversized kitchen includes plenty of counter and cabinet space and stainless steel appliances including a dishwasher. With windows and closets throughout, this unit makes a strong candidate for roommates or a renter who needs a work-from-home office or studio space. The elevator and pet-friendly building also includes a laundry room. Renters will live within a five-minute walk of the A,B,C, and D subway lines.
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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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