Manhattan and “expensive” are practically synonyms, where the median price for a one-bedroom unit in the borough rests at $3,995. Those who wish to rent in popular neighborhoods must prove ready to dig into their pockets, even during the cooling winter months with less frequent rental activity. No matter the time of year that a renter is looking for a Manhattan apartment, they must remain vigilant if they attempt to find a deal.
Those who wish to rent during this time of year will generally benefit from lower rental prices, creating an advantageous scene for bargain hunters. The following list highlights inexpensive deals across Manhattan this month, boasting various features like stainless steel appliances, oversized windows, and washers.
1. 157 East 118th Street #4
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Neighborhood: East Harlem
Price: $2,400
Size: 2 Bed, 1 Bath
Percentage Below: 7.69%
This spacious two-bedroom unit features a railroad-style layout, making it an ideal option for a small family with a young child or someone looking to convert extra space into a work-from-home office. The unit features exposed brick and hardwood floors throughout, plenty of closet space, and oversized windows. The pet-friendly walk-up building resides within a three-minute walk of the 6 line.
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2. 316 West 14th Street #1
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Neighborhood: West village
Price: $2,250
Size: Studio, 1 Bath
Percentage Below: 15.09%
Live in one of Manhattan’s most popular neighborhoods without breaking the bank in this studio apartment. The unit features exposed brick, plenty of natural light, and stainless steel appliances, including a dishwasher. With recessed lighting and marble countertops, the details in this renovated apartment continue to impress. While renters may need to compromise on space, those interested in living in this vibrant neighborhood will enjoy their proximity to restaurants, shopping, and the L line.
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3. 370 Manhattan Avenue #4F
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Neighborhood: Central Harlem
Price: $2,195
Size: 1 Bed, 1 Bath
Percentage Below: 4.57%
Enjoy living in a renovated pre-war unit with a kitchen that boasts ample amounts of cabinet space and stainless steel appliances. Throughout the unit, renters will appreciate additional features like the oversized windowed bathroom, high ceilings, and crown molding. This elevator building also includes a laundry room, video security, and an on-site super and porter. The pet-friendly building resides within a 3-minute walk of the B and C lines.
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4. 1470 1st Avenue #11J
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Neighborhood: Upper East Side
Price: $2,050
Size: Studio, 1 Bath
Percentage Below: 2.38%
This Upper East Side studio offers 350 square feet of space for a renter who doesn’t mind a smaller-sized apartment. The unit features a kitchen with a dishwasher, a tub in the bathroom, and oversized windows that let in plenty of sunlight. Renters will appreciate that the building includes an elevator and laundry room while residing within a 6-minute walk of the Q station.
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5. 22 St Nicholas Place #53
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Neighborhood: West Harlem
Price: $2,400
Size: 2 Beds, 1 Bath
Percentage Below: 5.88%
This two-bedroom unit features plenty of oversized windows that welcome natural sunlight. The open-concept living area features space for furniture, and the kitchen space features stainless steel appliances, a dishwasher, and a washer/dryer. Bedrooms reside on opposite sides of the apartment, making it an ideal living situation for roommates. Renters will live on the fifth floor of this walk-up building that resides within a four-minute walk of the A and C 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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