Many renters who dream of living in Manhattan often face the reality of rental prices, which don’t come cheap. Every once in a while, however, prospective tenants can secure a great deal on their rent and find a unit that includes amenities, proximity to the subway, and of course, a low rental price.
The median price for a one-bedroom apartment in New York City dropped 2.44% down to $3,995 this month, hinting at the start of the slower rental season. Those who wish to rent during this time of year will benefit from lower rental prices, creating an advantageous scene for bargain hunters. With over 4,000 Manhattan listings under the median price point, renters will still find several deals throughout the busy borough. The following list highlights inexpensive deals across Manhattan this month, boasting various features like stainless steel appliances, laundry access, and rooftops.
1. 512 West 168th Street #3
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Neighborhood: Washington Heights
Price: $2,400
Size: 2 Beds, 1 Bath
Percentage Above: 5.49%
This pre-war townhouse unit features two bedrooms and a bathroom, accompanied by ample sunlight. Located on the top floor of a brownstone unit, this apartment includes a renovated kitchen with copious amounts of counter and cabinet space. With large primary and secondary bedrooms, residents can stretch out and enjoy other unit features like hardwood floors, several closets, and laundry in the building. Renters do not have to pay a broker’s fee for this unit and will live three minutes away from the A and C subway station.
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2. 2310 2nd Avenue #3
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Neighborhood: East Harlem
Price: $2,495
Size: 2 Beds, 1 Bath
Percentage Below: 4.04%
Newly renovated and showcasing a large brick fireplace in the living area, this two-bedroom unit in East Harlem fuses spacious living with affordable pricing. With well-maintained hardwood floors, several large windows, and a spacious separate kitchen, renters can find privacy in this unit and create a promising living solution for a small family or roommates. Applicants can apply with a guarantor for this pet-friendly unit that includes heat and hot water.
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3. 225 East 79th Street #1C
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Neighborhood: Upper East Side
Price: $2,575
Size: Studio, 1 Bath
Percentage Above: 3.00%
This pre-war studio fuses charming Upper East Side elements with plenty of space to welcome a single renter or a couple. The kitchen area provides room for counter seating and food preparation and transitions into the remainder of the living space, providing a large open area with columns and a large window that welcomes light into the unit. The cat-friendly unit also features storage space. In the building, residents will appreciate amenities like a doorman, elevator, laundry room, and bicycle room. Residents can live within ten minutes of both the 4, 5, and 6 subway station and the Q station.
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4. 319 East 25th Street #2B
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Neighborhood: Kips Bay
Price: $2,590
Size: 2 Beds, 1 Bath
Percentage Below: 23.82%
Access this true two-bedroom unit in Kips Bay at a competitive price. The apartment opens into an open kitchen with a breakfast bar, complete with counter and cabinet space. Rooms situated on either side of the unit provide privacy and an ideal setup for roommates. Complete with french doors, built-in shelving, and closet space, there are plenty of opportunities for storage and spreading out in the apartment. Only a ten-minute walk to the subway, renters will experience living in Kips Bay for a fraction of the typical renter’s price.
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5. 43 Avenue C #1B
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Neighborhood: East Village
Price: $2,550
Size: 1 Bed, 1 Bath
Percentage Below: 13.56%
Bright and modern, this recently renovated one-bedroom in the East Village features an updated kitchen with stainless steel appliances, including a dishwasher. The living space opens into the spacious bedroom via a sliding door, where renters will find oversized windows and a large closet. Throughout the building, renters can access the communal rooftop, which allows free reservations for special events. The building also has an elevator, laundry room, garbage shoot, and resides near the M, J, and Z subway lines.
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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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