Manhattan and “expensive” are practically synonyms, where the median price for an apartment in the borough is $4,573. Those who wish to rent in popular neighborhoods must prove ready to dig into their pockets, especially as the rental market heats up. No matter the time of year a renter is looking for a Manhattan apartment, they must remain vigilant if they attempt to find a deal.
With Summer in full swing, prospective renters must prepare to expand their search criteria. However, there are still plenty of opportunities to score deals across Manhattan. The following list highlights inexpensive deals across Manhattan this month, boasting various features like private outdoor space, laundry rooms, and stainless steel appliances.
1. 315 East 108th Street #6A
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Neighborhood: East Harlem
Price: $2,100
Size: Studio, 1 Bath
Percentage Below: 18.76%
Uptown renters can secure this studio with a separate kitchen. The unit provides enough space for a queen-size bed and additional furniture like a couch or dining table. The two windows in the living space welcome natural light, and the room also includes hardwood floors. Renters can use the two closets and take advantage of the high ceilings. This building includes a laundry room and resides a seven-minute walk to the 6 train.
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2. 1441 York Avenue #5RS
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Neighborhood: Upper East Side
Price: $2,600
Size: 1 Bed, 1 Bath
Percentage Below: 23.42%
This one-bedroom apartment features plenty of windows and natural light. The open-concept kitchen and living room include white cabinetry and appliances, a tile floor that blends into hardwood, and a closet. The windowed bathroom includes a bathtub, and the bedroom has enough space for a large bed and furniture. The cat-friendly apartment is an eight-minute walk from the Q.
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3. 68 Cabrini Boulevard #44
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Neighborhood: Washington Heights
Price: $2,600
Size: 2 Bed, 1 Bath
Percentage Below: 8.77%
This two-bedroom apartment includes plenty of character, from the patterned hardwood floors to the molding and wall detailing. Each queen-sized bedroom includes storage space and natural light, and the living room includes an oversized window. The separate kitchen includes sleek white appliances and enough space for a small table or extra storage section. The apartment resides in a well-maintained building that sits three minutes from the A train.
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4. 398 East 52nd Street #3F
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Neighborhood: Midtown East
Price: $2,600
Size: Studio, 1 Bath
Percentage Below: 23.53%
Renters seeking a Midtown rental can score a deal with this studio with hardwood floors and plenty of living space. The kitchen area includes a few cabinets and appliances, and those who enjoy cooking could add more storage and preparation space if desired. In the living space, they’ll find two windows and high ceilings. The bathroom incorporates white tiles and a bathtub, and tenants will not pay extra for heat and water. This unit resides on the third floor of a walk-up building and is a six-minute walk to the E and M trains.
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5. 163 Mulberry Street #6
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Neighborhood: Little Italy
Price: $2,390
Size: Studio, 1 Bath
Percentage Below: 36.27%
This downtown studio includes a highly-coveted amenity: private outdoor space. The unit includes exposed brick, stainless steel appliances, and hardwood floors. Off of the living space, tenants can exit onto their private deck that includes enough space for a patio setup. Throughout the building, renters can also access a laundry room, and they can have pets in the apartment. The unit is also a four-minute walk 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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