Manhattan Listings Under $2,500 in May 2024


Renters know that Manhattan is expensive. The median price for an apartment in the borough increased to $4,600 this month; those who wish to rent in popular neighborhoods must prove ready to dig into their pockets. No matter the time of year a renter is looking for a Manhattan apartment, they must remain vigilant if they wish to find a deal.

With spring underway, renters can still find lower rental prices before the busy summer season kicks off. The following units under $2,500 offer in-unit laundry, stainless steel appliances, and storage space.


Best Manhattan Listings in May 2024

1. 660 West 180th Street #2C

Manhattan bedroom with a window

Price: $1,000

Size: Room, Shared Bath

Percentage Below: 52.38%

Renters looking for a room in an apartment can consider this rental with two windows and light hardwood floors. The bedroom resides in a five-bedroom, two-bathroom apartment with three current availabilities. This bedroom fits a queen-sized bed and receives plenty of natural light. Throughout the unit, tenants will find a spacious kitchen with in-unit laundry, stainless steel appliances, and a dishwasher. This renovated apartment resides in an elevator building that is three minutes from the 1 train. Renters will not have to pay a security deposit for this rental.

2. 2. 322 West 101st Street #1

Manhattan studio with two windows

Price: $2,150

Size: Studio, 1 Bath

Percentage Below: 33.13%

Studio renters will find an advantageous studio opportunity on the Upper West Side with this bright and spacious apartment. The living area includes two windows, two overhead lights, and hardwood floors. Renters will find a dishwasher, stainless steel appliances, and white cabinets in the separate kitchen. The bathroom features white finishes and tile floors. Tenants in this apartment will live four minutes from the 1 train and be steps away from Riverside Park.

3. 49 St Nicholas Terrace #116

Manhattan kitchen with wooden cabinet

Price: $2,500

Size: 2 Bed, 1 Bath

Percentage Below: 24.24%

Roommates can consider this two-bedroom apartment with plenty of closet space. The separate kitchen includes mixed appliances, tile floors, and room for additional storage. Renters can have pet cats and access building amenities like a laundry room and elevator. This apartment has a reduced broker fee and resides five minutes from the A, B, C, and D trains.

4. 111 Chrystie Street #10

Manhattan bedroom with two windows

Price: $2,340

Size: 1 Bed, 1 Bath

Percentage Below: 41.43%

Downtown renters can consider this one-bedroom with a sliding door between the living room and bedroom. Light shines through the apartment’s bedroom windows, and the bedroom includes a cutout for an air conditioner. The living room and kitchen space include stainless steel appliances, and the bathroom rests off of the kitchen. The unit resides on the second floor of a walk-up building that is three minutes from the B and D trains.

5. 104 East 31st Street #2D

Manhattan studio with a large window

Price: $2,500

Size: Studio, 1 Bath

Percentage Below: 43.74%

This well-lit studio spans multiple levels and offers a spacious floorplan. The elevated main living area includes a large window, an air conditioning cutout, and hardwood floors. Downstairs, renters will find closet space, a bathroom, and a separate white kitchen with granite countertops. This pet-friendly unit does not charge a broker’s fee, and tenants will live in an elevator building with a laundry room. Tenants will walk three minutes to the 6 train.


Methodology

Released on a monthly basis, the RentHop Best Deal series aims to provide renters with useful market insights and a chance to identify rental gems currently available on the market. These listings are hand-selected by the team at RentHop based on a few factors, including layout, apartment size, features, and more importantly, price.

Note that, given the fast-paced nature of the rental market in New York, certain listings may receive applications and be taken off within days on market. If you are interested in scheduling a showing or have further questions, please make sure to submit an inquiry via the inquiry submission form located on the listing page.

Not sure how much rent you can afford? Check out our Rent Calculator now to jumpstart your apartment search.

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