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.
The phenomenon of high demand and low supply/inventory of available listings continues into the month of October though seasonality is starting to kick in as we enter into Fall season. As a result, rental concessions being offered by landlords is back to pre pandemic rates (on average one month free) with some buildings not even offering any. Thankfully, RentHop is still getting a great inventory of gems. Today we’ll focus on some of our favorite deals in Manhattan for this coming October!
1. 230 East 75th Street Unit 2B
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Neighborhood: Upper East Side
Price: $2,200
Size: 1 Bed, 1 Bath
Percentage Below Median: 12.00%
Looking for an apartment with furnishings already available? This first apartment on our list came come either unfurnished or furnished. Located on the 2nd floor, this pre-war unit comes with lots of bright natural lighting. Note that the landlord of the unit accepts short-term rentals. Better yet, the apartment is located close by to many great restaurants such as Boqueria, Xi’an Famous Foods, and even Dallas BBQ.
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2. 20 Exchange Place Unit 1112
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Neighborhood: Financial District
Price: $4,400
Size: 2 Beds, 2 Baths
Percentage Below Median: 20.00%
Looking to move but don’t want to commit to a full year? Our next listing is a sublet listing with two full bedrooms and two full bathrooms – so you can split with a roommate and still feel perfectly comfortable! The current tenant is looking to travel and wants someone to sublet for the remainder of the 10 months. Financial District is a perfect neighborhood that’s up-and-coming with lots of great restaurant such as Crown Shy and also Stone Street.
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3. 304 West 151st Street
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Neighborhood: Central Harlem
Price: $2,110
Size: 2 Beds, 1 Bath
Percentage Below Median: 18.85%
The current tenant of this unit is looking to break their lease for the remainder of the time from November of 2021 to August of 2022. If this sounds like you, make sure to submit an inquiry today! Gorgeous brick walls can be found throughout the unit and you have the option to keep some of the furniture from the previous tenant. More specific details can be found on the listing itself.
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4. 634 St Nicholas Avenue Unit 4
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Neighborhood: Central Harlem
Price: $2,260
Size: 2 Beds, 1 Bath
Percentage Below Median: 13.08%
Our next unit is also located in Central Harlem but you’ll be signing a brand new lease. The unit is located on a tree-lined block and has great southern exposure. This is a building with elevator access and better yet, there is laundry in the building! The City College of New York is also located close by which makes this unit perfect for college students.
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5. 530 West 50th Street Unit 5B
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Neighborhood: Hell’s Kitchen
Price: $2,400
Size: 2 Beds, 1 Bath
Percentage Below Median: 20.00%
Last but not least, don’t forget to check out this turn of the century townhouse floor-through unit. The living room comes with built-in shelving and a decorative fireplace. There is also bike-storage in the courtyard, which makes this a perfect apartment for those who want to commute in ways other than taking the subway.
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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.
