For many of us, it’s hard to pass up an opportunity to live in Manhattan especially when you find an amazing deal. These are what we at RentHop like to refer to internally as gems. Thanks to years of accumulated rental data, we have some of the most affordable and quality rental listings the Big Apple has to offer. Our inventory of listings has grown exponentially over the years, and each month we’ll go over some of our favorite deals for rental listings.
Interestingly, in the past few months, we’ve heard from both renters and agents regarding the insane surge in demand for housing while supply/inventory of affordable listings is becoming harder to find. Whether or not this is due to the influx of renters moving back to New York now that offices are opening back up, we’re certainly seeing fewer rental concessions being offered by landlords. Thankfully, RentHop is still getting a great inventory of gems. Today we’ll focus on some of our favorite deals in Upper and Midtown Manhattan for this coming August!
1. 504 East 88th Street Unit 4B
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Neighborhood: Yorkville
Price: $1,800
Size: 1 Bed, 1 Bath
Percentage Below Median: 28%
Looking for a fully furnished sublet? This charming Yorkville apartment may be it. Located on the 4th floor of a walk-up building, the unit faces the courtyard and is extremely quiet. You’ll be one block away from the East River Ferry and Q train for easy commute to the rest of the city. Better yet, you’ll only be 15 minutes away from Central Park and the Met – perfect for relaxing on the weekends.
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2. 26 East 105th Street Unit 2A
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Neighborhood: East Harlem
Price: $2,300
Size: 3 Bed, 1 Bath
Percentage Below Median: 23.33%
This spacious 3 bedroom apartment could be it! The unit comes with access to a fire escape, preinstalled air conditioners, dishwasher, and exposed brick. Best yet, pets are allowed, so you can finally adopt that cute kitten you’ve been eyeing at the local shelter. Tenants will have close access to the 103rd Street 6th train subway station. Foodies will be happy with the plethora of options around the area such as Alison (great craft beer selection and oysters… yum!), La Fonda Boricua, and more.
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3. 343 East 30th Street Unit 12
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Neighborhood: Kips Bay
Price: $2,300
Size: Studio, 1 Bath
Percentage Below Median: 13.21%
Located right across the street from NYU Lagone Health, this unit could be perfect for medical students and residents! Renters will enjoy 24/7 doorman service, laundry in building, gym, and access to a beautiful courtyard where you can relax and hangout with friends after work!
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4. 3135 Broadway
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Neighborhood: Morningside Heights
Price: $1,690
Size: 1 Bed, 1 Bath
Percentage Below Median: 23.18%
Next up on our list is this amazingly affordable apartment right by the Manhattan School of Music, Barnard, and Columbia campus. Perfect opportunity for students looking to live close to campus. The unit has a full sized kitchen, dishwasher, and is newly renovated. There may also be additional discounts on the net effective rent depending on certain circumstances.
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5. 906 Amsterdam Avenue Unit 5D
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Neighborhood: Manhattan Valley
Price: $1,850
Size: 1 Bed, 1 Bath
Percentage Below Median: 13.95%
This affordable unit by Columbia University is a dream come true for students! The unit itself has beautiful exposed brick walls, stainless steel appliances, dishwasher, and a breakfast bar. You’ll have access to great restaurants such as Calle Ocho, Absolute Bagels, Amity Hall and more. For those with dogs, you’ll only be a few minutes walk away from Central Park and Riverside Park!
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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 — such listings will be on average 10% – 30% below the median asking price of other similar-sized listings in the same neighborhood.
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.
Not sure how much rent you can afford? Check out our Rent Calculator now to jumpstart your apartment search.
