It’s an interesting time for buyers looking to live in Manhattan. While rental prices have ticked up as people return to the city, sale prices remain relatively low — for now! That creates a tremendous opportunity for buyers hoping to invest in a studio or 1-bedroom instead of renting. Here are 5 fantastic Manhattan apartments for $500K. Are you ready to take the leap?

Manhattan Homes Under $600K on StreetEasy Article continues below

Price $500,000
Space 1 bed, 1 bath
Neighborhood Chelsea
Borough Manhattan

Do you long to live in Chelsea, close to the High Line and the Meatpacking District? Our first Manhattan apartment for $500K puts you in the heart of this popular neighborhood. Exposed brick kickstarts the ambiance in this renovated 1-bedroom. The pass-through kitchen sports stone counters and opens to a dining space. In addition, the pet-friendly co-op offers laundry and generous purchasing rules.

View Listing
Price $500,000
Space 1 bed, 1 bath
Neighborhood East Harlem
Borough Manhattan

Next on our tour of Manhattan apartments for $500K is the Aura in East Harlem. This bright, renovated 1-bedroom offers a balcony, a dishwasher, and an in-unit washer/dryer. The NYC trifecta! You’ll feel good cooking and hanging in the kitchen, with stone counters and a breakfast bar. In addition, the condo building offers a roof deck, gym, and bike room.

View Listing

Upper Manhattan Homes Under $600K on StreetEasy Article continues below

Price $500,000
Space 1 bed, 1 bath
Borough Manhattan

Here’s another fabulous 1-bedroom condo uptown. This one glows thanks to a great renovation that really opened up its 818 square feet. Gleaming hardwoods and recessed lighting highlight a big, open kitchen. It’s decked out in white granite, with a breakfast bar and stainless appliances, including a dishwasher. And low monthlies under $850 are super nice, too!

View Listing
Price $499,000
Space 1 bed, 1 bath
Neighborhood Yorkville
Borough Manhattan

Our next Manhattan apartment for $500K hits a stately note in Yorkville. This gorgeous corner 1-bedroom is awash in herringbone floors under high, beamed ceilings. And the floor plan offers enticing flexibility. For example, there’s both a large foyer and a flex space that can become a dining area or office. Riverview House is a full-service co-op set right on the East River Promenade, close to Carl Schurz Park.

View Listing

Downtown Manhattan Homes Under $600K on StreetEasy Article continues below

Price $499,000
Space Studio, 1 bath
Neighborhood Chelsea
Borough Manhattan

Our final Manhattan apartment for $500K brings us back where we began: Chelsea. Art Deco styling has helped this sweet studio attract nearly 350 StreetEasy shoppers. A foyer entry leads to a chic sunken living room. The adorably remodeled kitchen boasts glass tiles and granite counters. Plus, there’s a sizable sleeping alcove with double closets to keep things tidy. Tempting!

View Listing


Whether you’re looking to rent or to buyfind your next NYC apartment on StreetEasy.