Renters know that Manhattan is expensive. The median price for an apartment in the borough remained $4,400 this month; those wishing to rent in popular neighborhoods must be ready to dig into their pockets. Vigilant renters can browse this list of Manhattan listings in March 2024 to find below-market rents.
As winter transitions to spring, renters can still find lower rental prices than in the summer season and may find more rental opportunities than in the colder months. The following units under $2,500 offer pre-war charms, access to building amenities, and stainless steel appliances.
Best Manhattan Listings in March 2024
1. 235 West 102nd Street #14B
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Neighborhood: Upper West Side
Price: $2,500
Size: Studio, 1 Bath
Percentage Below: 18.19%
Columns, high beamed ceilings, and crown molding add dramatic flair to this spacious studio on the Upper West Side. With a living space that spans over 250 square feet, renters can easily fit living and bedroom furniture in this apartment. Past the two closets, tenants will access the kitchen which features white appliances, tiled floors, and counter space. Throughout the building, residents can access building amenities like a furnished roof deck, laundry room, and solarium with Wi-Fi and Hudson River views. This elevator building is a three-minute walk from the 1 train.
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2. 2. 539 West 49th Street #3C
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Neighborhood: Hell’s Kitchen
Price: $2,400
Size: 1 Bed, 1 Bath
Percentage Below: 39.98%
Prospective renters can have Hell’s Kitchen at their doorstep with this one-bedroom apartment. The unit features plenty of windows, hardwood floors, and living room space. The kitchen can fit a small dining table and chairs and also includes white appliances and cabinet space. Renters will find closet space and built-in storage throughout the apartment. The building includes a laundry room, and renters will live 11 minutes from the A, C, and E trains.
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3. 518 West 204th Street #31
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Neighborhood: Inwood
Price: $2,395
Size: 2 Bed, 1 Bath
Percentage Below: 26.39%
Renters will not have to pay a broker’s fee to move into this two-bedroom Manhattan apartment. The apartment opens directly into the kitchen, which includes stainless steel appliances and white countertops. The living room has two closets, and each bedroom resides on the other side of the space, making this an ideal option for roommates. Renters will also access the windowed bathroom with a full tub and vanity. This pre-war unit resides three minutes from the 1 train.
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4. 110 Wall Street
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Neighborhood: Financial District
Price: $1,950
Size: Room, Shared Bath
Percentage Below: 43.20%
Subletters can consider this room in a Financial District apartment that has plenty of oversized windows. Renters will find stainless steel and black appliances in the kitchen and modern furnishings throughout the common space. This no-fee rental resides in an amenity-filled building with a doorman, laundry room, fitness center, and common outdoor space. Tenants will live four minutes from the 2 and 3 trains and six minutes from the J and Z trains.
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5. 398 East 52nd Street #4B
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Neighborhood: Midtown East
Price: $2,200
Size: Studio, 1 Bath
Percentage Below: 31.52%
This Midtown East studio includes a large living space with a ceiling fan, crown molding, and a ceiling fan. The kitchen space includes white appliances, and renters could add a portable island for extra counter and storage space. In the windowed bathroom, they’ll find a bathtub and patterned tile floor. This pet-friendly unit offers a reduced broker’s fee and sits six minutes from the E and M trains.
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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 Manhattan 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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