Manhattan Listings Under $2,500 in February 2024

Renters know that Manhattan is expensive. The median price for an apartment in the borough increased to $4,400 this month; those wishing to rent in popular neighborhoods must be ready to dig into their pockets. No matter the time of year a renter is looking for a Manhattan apartment, they must remain vigilant if they wish to find a deal.

Winter renters may have to move in the cold, but they can secure lower-priced leases than during the busy summer months. This month, those looking to move can consider the following apartments under $2,500 that include laundry facilities, stainless steel appliances, and unique layouts.


Best Manhattan Listings in February 2024

1. 1654 3rd Avenue #13

Manhattan studio with exposed brick wall
Neighborhood: Upper East Side
Price: $2,400
Size: Studio, 1 Bath
Percentage Below: 9.43%
This expansive studio provides creative opportunities for a prospective renter. The unit boasts white exposed brick, built-in organization units, and a lofted space for sleeping or additional storage. The kitchen area includes white appliances and light wood cabinets that match the hardwood floors throughout the unit. This pre-war unit allows cats and is a four-minute walk to the 6 train.

2. 132 West 109th Street #4E

Manhattan living room with exposed brick
Neighborhood: Upper West Side
Price: $2,500
Size: 1 Bed, 1 Bath
Percentage Below: 42.06%
Couples or single renters can consider this one-bedroom unit on the Upper West Side. The living room includes exposed brick, and tenants can then cross into the separate kitchen with white appliances, a closet, and light wood cabinets. In the spacious bedroom, theyโ€™ll find two windows and an additional closet. In the building, renters can access amenities like a laundry room, bike storage, and onsite super. This pre-war apartment is a six-minute walk from the 1 train.

3. 327 East 34th Street #2D

Manhattan lofted unit with storage space
Neighborhood: Murray Hill
Price: $2,500
Size: Studio, 1 Bath
Percentage Below: 27.54%
This uniquely designed studio allows renters to format the apartment to their liking. Renters will enter through the primary level with a kitchen that includes appliances and a dishwasher. Past the kitchen, theyโ€™ll step down into the living area, which features two windows and an exposed brick fireplace. This unit also includes a lofted storage space above the primary level. Throughout the building, tenants can access amenities like an elevator, laundry room, and live-in super. This no-fee rental resides ten minutes from the 6 train.

4. 67 Pitt Street #GFS

Manhattan bedroom with two windows
Neighborhood: Lower East Side
Price: $2,400
Size: 1 Bed, 1 Bath
Percentage Below: 25.58%
Lower East Side renters can tour this one-bedroom unit that resides on the ground floor of the building. The kitchen includes white appliances and light wooden cabinets, and renters could add additional storage or a portable island. Throughout this pet-friendly unit, tenants will find hardwood floors, closet space, and a full bathtub. Renters will live six minutes from the J, M, and Z trains.

5. 656 West 171st St #5B

Manhattan kitchen with stainless steel appliances
Neighborhood: Washington Heights
Price: $2,500
Size: 2 Bed, 1 Bath
Percentage Below: 13.76%
Families or roommates can consider this renovated two-bedroom unit with large bedrooms. The separate windowed kitchen boasts stainless steel appliances, wooden cabinets, and plenty of room for a small table or additional storage. Renters can spread out across the spacious living room and bedrooms with closet space. Tenants can have cats in this apartment, and they can access building amenities like a laundry room. This building is a five-minute walk from the A and C trains.

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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