Manhattan and “expensive” are practically synonyms, where the median price for a one-bedroom unit in the borough is $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 a renter is looking for a Manhattan apartment, they must remain vigilant if they attempt to find a deal.
As the Winter season dies down, renters must prepare to see prices increase from now through the busy Summer season. However, there are still plenty of opportunities to score deals across the borough. The following list highlights inexpensive deals across Manhattan this month, boasting various features like private outdoor space, stainless steel appliances, and proximity to public transportation.
1. 301 East 45th Street #7G
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Neighborhood: Midtown East
Price: $2,500
Size: 1 Bed, 1 Bath
Percentage Below: 43.18%
Short-term renters looking for a no-fee apartment in Midtown can consider this furnished one-bedroom unit. Measuring over 900 square feet, this apartment comes with a spacious living room that includes oversized windows, couches, and a flat-screen television. In this kitchen, renters will find white cabinetry and appliances, including a dishwasher. Those renting this unit will live in an elevator building with a doorman and laundry room. This unit resides an eight-minute walk from the 4, 5, 6, and 7 subway lines.
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2. 347 East 76th Street #4D
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Neighborhood: Upper East Side
Price: $2,400
Size: Studio, 1 Bath
Percentage Below: 4.00%
This Upper East Side studio welcomes plenty of natural sunlight and provides a large living space. The kitchen area features stainless steel appliances, including a dishwasher, and gray cabinetry with modern finishes. Renters will appreciate that the tiled bathroom also has a large bathtub. The pre-war apartment is cat-friendly, features hardwood floors, and resides within a five-minute walk of the Q line.
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3. 151 Lexington Avenue #1F
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Neighborhood: Kips Bay
Price: $2,400
Size: Studio, 1 Bath
Percentage Below: 29.58%
Renters seeking private outdoor space can tour this studio apartment in Kips Bay. The unit features a kitchen space with stainless steel appliances and room for a portable island or dining table. This pet-friendly apartment receives plenty of natural light through the large window and door that leads to the spacious private backyard area. In the building, renters can use amenities like an elevator, and laundry room, along with central A/C and heating. They’ll live within a three-minute walk of the 6 train.
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4. 470 Lenox Avenue #14U
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Neighborhood: Central Harlem
Price: $2,299
Size: 1 Bed, 1 Bath
Percentage Below: 17.89%
This spacious one-bedroom apartment in Central Harlem spans 773 square feet and features oversized windows that welcome plenty of natural light. The unit’s modern kitchen includes stainless steel appliances, including a dishwasher, along with counter and cabinet space. In this newly renovated, pet-friendly apartment, renters will also find hardwood floors and space for an air conditioning unit. Renters will live in an elevator building that has doorman service, a courtyard, and storage space. The building is a three-minute walk from the 2 and 3 lines.
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5. 515 West 175th Street #7
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Neighborhood: Washington Heights
Price: $2,450
Size: 2 Bed, 1 Bath
Percentage Below: 7.55%
This two-bedroom apartment in Washington Heights can function as a true two-bed or allow renters the option to use the second smaller bedroom as a home office. The windowed kitchen includes stainless steel appliances, dark cabinetry, and plenty of space for multiple people simultaneously. Each bedroom features large windows and spacious closets with above storage. This unit resides on the fourth floor of a walk-up building, and the super lives on-site. Renters will live an eight-minute walk from the 1 train.
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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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