This Rental of the Week is a Lenox Hill 1BR priced well below the neighborhood and city medians.

This newly renovated Lenox Hill 1-bedroom offers a dash of luxury and Central Park proximity at a price point that won’t drain your bank account. It’s an easy pick for our Rental of the Week.

Address: 315 E. 74th St. #13A

Price: $2,250

Size: 1-bedroom

Neighborhood: Lenox Hill 

Best feature: This apartment offers the perfect blend of historic character and modern convenience, with exposed brick walls and updated finishes. Categorized as a junior 1-bedroom, the place is compact, but has everything essential, with hardwood floors, a freshly remodeled bathroom, and a new kitchen with stainless-steel appliances. Large windows allow natural sunlight to filter through the space, and commuting will mean an easy, two-block walk to the 72nd Street Q train station at Second Avenue, or a slightly longer trip to the 6 train at 77th Street.

Why it’s a deal: At $2,250, the apartment is priced $475 below the median asking rent for 1-bedrooms in the greater Upper East Side, and $1,045 below the median for 1-bedrooms in Manhattan. Factor in that this unit is only a 15 minute walk to Central Park, and it’s easy to see the value.

Biggest drawback: In keeping with its status as a junior 1-bedroom, this unit is small. Although the bedroom is generous, and the kitchen is well-outfitted, there’s limited space for a living area. The building also lacks laundry facilities. That said, there are plenty of laundromats within walking distance. And for $2,250 in this coveted part of town, this cozy home is still a pretty great deal.
—
Send your NYC real estate stories and tips to StreetEasy editors at tips@streeteasy.com. You will remain anonymous. And hey, why not like StreetEasy on Facebook and follow @streeteasy on Instagram?

Rental listings in Manhattan under $2,700 Article continues below

Hell’s Kitchen

457 West 57th Street

$2,500 No Fee

Studio |

1

Kips Bay

210 East 29th Street

$2,650 No Fee

Studio |

1

Lenox Hill

1295 First Avenue

$2,150 No Fee

Studio |

1

Lenox Hill

1431 First Avenue

$2,200 No Fee

Studio |

1

Sutton Place

223 East 58th Street

$2,500 No Fee

Studio |

1

East Village

63 East 7th Street

$2,700 No Fee

Studio |

1

East Harlem

158 East 102nd Street

$2,300 No Fee

1 |

1

Hamilton Heights

441 West 151st Street

$2,250 No Fee

1 |

1

Central Harlem

2509 Adam Clayton Powell Boulevard

$2,100 No Fee

1 |

1

Upper West Side

239 West 100th Street

$2,600 No Fee

1 |

1

West Village

101 Perry Street

$2,533 No Fee

Studio |

1

Yorkville

326 East 85th Street

$2,199 No Fee

Studio |

1

See the listing: 315 E. 74th St. #13A, listed by Edward Sandoval of Compass. 
—
Send your NYC real estate stories and tips to StreetEasy editors at tips@streeteasy.com. You will remain anonymous. And hey, why not like StreetEasy on Facebook and follow @streeteasy on Instagram?