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, laundry in the building, and decorative fireplaces.
1. 287 Pleasant Avenue #3
Neighborhood: East Harlem
Size: 1 Bed, 1 Bath
Percentage Below: 15.58%
Boasting over 900 square feet of space, this one-bedroom in East Harlem features plenty of charm and natural sunlight. The living room includes a decorative fireplace, molding, and two oversized windows. Renters will walk through French doors into the bedroom, which includes built-in storage and a spacious walk-in closet. This cat-friendly unit spans the entire third floor of a townhouse on a quiet, tree-lined block. Potential tenants can apply with a guarantor and pay a reduced broker’s fee. Renters will live a twelve-minute walk away from the 6 line.
2. 20 Broadway Terrace
Neighborhood: Washington Heights
Size: 1 Bed, 1 Bath
Percentage Below: 19.43%
Secure a low rental price with this one-bedroom Washington Heights unit. The apartment opens into a living area that leads into a separate kitchen with a dishwasher and plenty of cabinet and counter space. In the bedroom, renters will find a window and closet space in the hallway. Renters can access laundry facilities in the basement and will not have to pay a broker’s fee. The pet-friendly building resides within a four-minute walk of the 1 line.
3. 330 East 74th Street #3C
Neighborhood: Upper East Side
Size: Studio, 1 Bath
Percentage Below: 11.82%
Spacious and sunny, this studio apartment offers a competitive price in one of Manhattan’s most desirable neighborhoods. This unit features two large windows that welcome natural light, hardwood floors, and closet space. The kitchen includes cabinetry, counter space, and white appliances. Renters can secure this cat-friendly unit to live within a three-minute walk of the Q line.
4. 137 West 137th Street #4G
Neighborhood: Central Harlem
Size: 2 Bed, 1 Bath
Percentage Below: 25.00%
This bright and renovated two-bedroom unit includes an open-concept kitchen with stainless steel appliances like a dishwasher. In the bedroom, renters will find closet space and large windows, along with the light hardwood flooring that runs throughout the entire unit. Throughout the building, they can utilize the common laundry room, elevator, and package room. This pet-friendly apartment resides within a three-minute walk from the 2 and 3 subway lines.
5. 199 Henry Street #4A
Neighborhood: Two Bridges
Size: 1 Bed, 1 Bath
Percentage Below: 53.01%
Renters can live downtown in this renovated one-bedroom apartment. The unit includes mahogany cabinets and stainless steel appliances, then opens into the living room with and window and closet space. In the bedroom, renters can fit a queen-size bed and can access two windows. This affordable unit resides within a three-minute walk of the F subway line.
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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