Manhattan and “expensive” are practically synonyms, where the median price for an apartment in the borough is $4,500. Those who wish to rent in popular neighborhoods must prove ready to dig into their pockets, especially as the rental market begins to heat 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.
As Spring begins, renters must prepare to see prices increase from now through the busy Summer season. However, there are still plenty of opportunities to score deals across the borough. The following list highlights inexpensive deals across Manhattan this month, boasting various features like stainless steel appliances, elevators, and proximity to public transportation.
1. 45 Tudor City Place #1508
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Neighborhood: Midtown East
Price: $2,600
Size: Studio, 1 Bath
Percentage Below: 13.33%
Get a room with a view of the Chrysler Building when you rent this studio in Midtown East. This open floor plan features a kitchen area with stainless steel appliances, and renters can choose if they wish to rent the unit furnished or unfurnished. Renters can find a walk-in closet and will appreciate building amenities like an elevator, doorman, and fitness center. Renters will not pay a broker’s fee to rent this unit, and they can also access common outdoor space and laundry facilities in the building. The building resides an eight-minute walk from the 7 train.
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2. 350 East 76th Street #5C
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Neighborhood: Upper East Side
Price: $2,600
Size: 1 Bed, 1 Bath
Percentage Below: 25.61%
Upper East Side renters can find this sun-drenched one-bedroom apartment with proximity to the Q, 4, 5, and 6 subway lines. The unit consists of a large living room with two windows, then a more slender bedroom with room for an air conditioning unit. In the separate kitchen, tenants will find stainless steel appliances, a dishwasher, and a small window. The pre-war unit allows cats and seeks an immediate move-in.
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3. 285 West 147th Street #2FL1
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Neighborhood: Harlem
Price: $2,300
Size: 2 Bed, 1 Bath
Percentage Below: 28.01%
Roommates or families can view this bright and spacious two-bedroom in Harlem that features hardwood floors and exposed brick. The living room incorporates two large windows that welcome plenty of natural light. Each bedroom offers enough space to fit a queen-size bed and additional furniture. In the kitchen, renters will find stainless steel appliances and room for a portable island. The pet-friendly unit resides a four-minute walk from the 3 train and five minutes from the A, C, and B trains.
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4. 538 West 47th Street #4C
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Neighborhood: Hell’s Kitchen
Price: $2,595
Size: 1 Bed, 1 Bath
Percentage Below: 36.71%
Renters looking for a unit in Hell’s Kitchen can find this one-bedroom with high ceilings. The kitchen includes stainless steel appliances, a dishwasher, and cabinet space. Hardwood floors run throughout the apartment and into the spacious bedroom that features two large windows. Tenants will live within proximity to the neighborhood’s bars, restaurants, and Hudson River Park while living an eleven-minute walk to the A, C, and E trains.
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5. 152 East 35th Street #5H
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Neighborhood: Murray Hill
Price: $2,595
Size: Studio, 1 Bath
Percentage Below: 22.54%
Those who work in Midtown can shorten their commute by renting this Murray Hill studio. The unit features light gray floors, white cabinetry, and plenty of windows, creating a bright and spacious effect. Tenants can fit plenty of furniture, including a king-sized bed, in the living area, and even includes enough room for a dining table or portable kitchen island. The renovated building features an elevator, laundry facilities, and a live-in super. Tenants in this pet-friendly apartment will live four minutes from 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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