The increases in rent that have been a constant since 2021, when prices began rising after dropping precipitously when the pandemic began, may be beginning to slow at last. StreetEasy’s 2024 NYC Housing Market Predictions suggest that Manhattan is the borough most likely to see rents drop in the upcoming year. The most recent StreetEasy Market Report reports that Manhattan has seen greater inventory growth than any other part of New York City, with the number of units on the market in November marking a 10.2% increase over the year prior. A higher number of available rentals will cool competition, which is expected to bring prices down. With that news, what better to do than look at some Manhattan 1-bedrooms? Check out these prime listings priced under $3,000.
This spacious unit on prime Mulberry Street is one of the rare downtown one-bedrooms priced in this threshold and is sizable enough to present the option of creating a flexible 2-bedroom. The living area has space for a separate dining area while still enjoying a well-sized living room. This apartment has marble hallway floors, painted crown moldings, and sleek kitchen cabinets. The building offers a laundry room and a live-in super.
Located in Hell’s Kitchen, convenient to Broadway and making for an effortless commute to Midtown, the lowest priced rental on this list has a lot of things going for it. It comes with an extra room that could be transformed into the perfect office or guest space. The large bedroom is a sunny space and the updated kitchen has a dishwasher, white granite counters, and a built-in microwave.
This Upper East Side option has a very stylish look with an exposed brick wall giving the space a good deal of character. An abundance of both exterior and interior windows provides beautiful natural light in addition to the apartment’s recessed lighting. The kitchen is state-of-the-art with both a dishwasher and a wine fridge, as well as cherry wood-colored cabinets, while the unit also comes with a combined washer-dryer. The building’s video intercom provides an extra layer of security.
StreetEasy’s 2024 NYC Housing Market Predictions forecast a continued interest in amenity-filled buildings and this apartment, located near Harlem’s very central 125th Street in a neighborhood that includes the Apollo Theater, the National Jazz Museum, and the famous Sylvia’s Restaurant, offers more than a few. The building has a sleek and modern lobby, a gym, a co-working space, a landscaped terrace, as well as a rooftop lounge outfitted with a kitchenette, BBQ grill, private cabanas, and a wraparound deck. The unit has built-in closets, blond wood cabinets, a breakfast bar, and hardwood flooring throughout.
Located close to Hudson Yards, Penn Station, and the Port Authority, this no-fee floor-through one-bedroom is spacious and airy. The bedroom is a lovely light blue with white exposed brick, dark floors, and a walk-in closet. There are dark wood floors throughout and the up-to-date bathroom has black and white tiling. The kitchen has space for a dining area, and the building has a live-in super.
