Renters rejoice! Our most recent StreetEasy Market Report shows some potential relief coming your way. Specifically, the report details a slight dip in rental prices, in addition to an increase in inventory in select neighborhoods. Below, we’re highlighting five affordable rentals in some of these neighborhoods to help you with your home search. And if none of the below are quite right for your needs, there’s plenty more on StreetEasy here.
We start our tour of affordable rentals in neighborhoods with rising inventory in Hamilton Heights. This 2-bedroom apartment has been completely gut renovated and it shows: pristine white walls, quartz kitchen countertops, and porcelain bathroom tiles gleam throughout the unit. An integrated washer/dryer provides convenience galore, and central air and heat promises to keep inhabitants comfortable all year long. For $2600 per month, you also get access to a roof deck with sweeping Manhattan views.
Let’s head downtown to the East Village, where this $2995 per month 1-bedroom haven awaits one lucky renter. Two big exposures flood light into the large bedroom, which is spacious enough for a king-size bed and multiple furnishings. An immaculate kitchen opens up to a flexible living/dining space that benefits from high ceilings. And the location truly cannot be beat: you’d be walking distance to hot spots like Astor Place, Tompkins Square Park, and St. Marks. As a bonus, this rental allows apartment sharing and out-of-state guarantors.
Next up, we’re traveling to Mott Haven in the Bronx, where inventory has more than doubled since 2022 according to our market report. This stunning rental features a chic white, black, and wood motif throughout. An eat-in breakfast bar takes the open kitchen to the next level, while a large soaking tub creates a spa-like experience in the bathroom. They’re offering a current promotion of 1.5 months free rent upon signing a 12-month lease, making the net effective rent $2363 per month. And if that’s not enough, the building offers countless enviable amenities. A massive indoor pool, dry AND wet saunas, library, fitness center, children’s playroom — the list goes on and on!
Another Hamilton Heights gem, this $2103 per month home is located in a lavish building with a historic courtyard. The charming details continue in the unit itself with its polished hardwood flooring and integrated wall niche. Even better, the building is pet-friendly and located just steps from lush Riverbank State Park. Perfect for sunset strolls, tennis matches, and rollerskating!
Last up on our list is an East Harlem condo with style to spare. Natural light pours into the unit from an expansive wall of windows, which double as doors to the private balcony. The giant kitchen is perfect for avid meal preppers, with its oversized fridge and abundant counter space. The $2600 per month price is inclusive of a small but mighty fitness room and a common garden area complete with a barbecue.