The pandemic turned NYC real estate upside down. But things look to be rebounding, with rock-bottom prices slowly starting to rise again. The median asking rent in Manhattan is now $2860 per month, according to StreetEasy’s May 2021 Market Reports. While rents might be on their way back up, you can still get a lot for your money at — or below — that average price. Want proof? Here are five great Manhattan rentals under $2860.
Our first Manhattan rental for under $2860 is just below budget at $2850 — and it’s a beauty. This 2-bedroom is set on the top floor of a beautiful Hamilton Heights townhouse. It’s got just about everything a renter could want, including spacious rooms, two full baths, and in-unit laundry! The gourmet kitchen features stainless appliances and a dishwasher, with a skylight overhead. If you crave outdoor space, the townhouse’s four units share a lovely backyard and garden. Elaine Perry of Perry Associates is the listing agent.
Next up for Manhattan rentals under $2860 is a studio that boasts a unique layout. With both a sleeping alcove and an office alcove, it feels much bigger and is perfect for keeping that work-life balance. The open kitchen and living room feature an exposed brick wall and a decorative fireplace. The kitchen also has a dishwasher and a big breakfast bar, offering space for prepping food and dining. Speaking of which, the building is located right off of restaurant row in Hell’s Kitchen. Listed by Eric Khorshad of Creed Realty.
Uptown Rentals Under $2,860 on StreetEasy Article continues below
This Manhattan rental under $2860 is enviably located right near Riverside Park, Morningside Park, and Central Park. It’s also perfect for anyone needing easy access to Columbia University, which is just a few blocks north. Each bedroom can fit a queen-sized bed. The L-shaped living/dining/kitchen area has two exposures and room for a small dining set. (Or a desk!) Listed by Selwyn Griffith and the Osur Team at Living New York.
Here’s a Manhattan rental that isn’t just below $2860 — it’s more than $1000 below! At 500 square feet, this Carnegie Hill studio is bigger than many 1-bedroom apartments. It’s also bursting with charm, thanks to the exposed brick and adorable decorative fireplace. In addition, the location is excellent: right near the Q and 6 trains, with Central Park and a plethora of restaurants and shops all right nearby. Listed by Roger Abounader of Corcoran.
Downtown Rentals Under $2,860 on StreetEasy Article continues below
We end our tour with a Harlem 1-bedroom that’s both spacious and stunning. The star of the show is private outdoor space in the form of a super-sunny balcony. In addition to a full ensuite bathroom, there’s a half-bath for guests. And we can’t forget that sweet chef’s kitchen with dishwasher, or the massive walk-in closet! Plus, there’s a washer/dryer hookup for in-unit laundry. Listed by Usher Kohn of Bruma Realty.
—
Whether you’re looking to rent or to buy, find your next NYC apartment on StreetEasy.