Renters know that Manhattan is expensive. The median price for an apartment in the borough increased to $4,600 this month; those who wish to rent in popular neighborhoods must prove ready to dig into their pockets. Renters looking amongst Manhattan listings in May 2024 can find lower-priced options than in the summer months.
With spring well underway, renters can still find lower rental prices before the busy summer season kicks off. The following units under $2,500 offer in-unit laundry, stainless steel appliances, and storage space.
Best Manhattan Listings in May 2024
1. 660 West 180th Street #2C
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Neighborhood: Washington Heights
Price: $1,000
Size: Room, Shared Bath
Percentage Below: 52.38%
Renters looking for a room in an apartment can consider this rental with two windows and light hardwood floors. The bedroom resides in a five-bedroom, two-bathroom apartment with three current availabilities. This bedroom fits a queen-sized bed and receives plenty of natural light. Throughout the unit, tenants will find a spacious kitchen with in-unit laundry, stainless steel appliances, and a dishwasher. This renovated apartment resides in an elevator building that is three minutes from the 1 train. Renters will not have to pay a security deposit for this rental.
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2. 2. 322 West 101st Street #1
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Neighborhood: Upper West Side
Price: $2,150
Size: Studio, 1 Bath
Percentage Below: 33.13%
Studio renters will find an advantageous studio opportunity on the Upper West Side with this bright and spacious apartment. The living area includes two windows, two overhead lights, and hardwood floors. Renters will find a dishwasher, stainless steel appliances, and white cabinets in the separate kitchen. The bathroom features white finishes and tile floors. Tenants in this apartment will live four minutes from the 1 train and be steps away from Riverside Park.
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3. 49 St Nicholas Terrace #116
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Neighborhood: Harlem
Price: $2,500
Size: 2 Bed, 1 Bath
Percentage Below: 24.24%
Roommates can consider this two-bedroom Manhattan apartment with plenty of closet space. The separate kitchen includes mixed appliances, tile floors, and room for additional storage. Renters can have pet cats and access building amenities like a laundry room and elevator. This apartment has a reduced broker fee and resides five minutes from the A, B, C, and D trains.
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4. 111 Chrystie Street #10
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Neighborhood: Bowery
Price: $2,340
Size: 1 Bed, 1 Bath
Percentage Below: 41.43%
Downtown renters can consider this one-bedroom Manhattan listing with a sliding door between the living room and bedroom. Light shines through the apartment’s bedroom windows, and the bedroom includes a cutout for an air conditioner. The living room and kitchen space include stainless steel appliances, and the bathroom rests off of the kitchen. The unit resides on the second floor of a walk-up building that is three minutes from the B and D trains.
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5. 104 East 31st Street #2D
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Neighborhood: NoMad
Price: $2,500
Size: Studio, 1 Bath
Percentage Below: 43.74%
This well-lit studio spans multiple levels and offers a spacious floorplan. The elevated main living area includes a large window, an air conditioning cutout, and hardwood floors. Downstairs, renters will find closet space, a bathroom, and a separate white kitchen with granite countertops. This pet-friendly unit does not charge a broker’s fee, and tenants will live in an elevator building with a laundry room. Tenants will walk three minutes to the 6 train.
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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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