MAPS: Where to Find the Top Available One-Bedroom Rental Bargains Under $2,500

December 21, 2015

Can’t seem to qualify for those popular affordable housing lotteries, or stuck on a waiting list 70,000 names long? Well, like many of us who are searching for low-priced rentals, you’ll have to forage the city’s daunting open market. The typical choices include shacking up with multiple roommates in prime neighborhoods, enduring long commutes in far-flung locales, or having to deal with an un-renovated, pre-war walk-up building.

To make your search for these rather un-glamorous apartments a bit easier, we produced a list and map of currently available one-bedroom rentals that are priced furthest below their neighborhood medians. But act fast, because these units disappear quickly.

Median One-Bedroom Rental Prices in Manhattan and Northern Brooklyn

One-Bedroom Rentals Priced Furthest Below Their Neighborhood Medians

Looking at the more than 3,000 one-bedroom apartments available on the listing website CityRealty, the median rental price for a one-bedroom in Manhattan and northern Brooklyn stands at $3,400 per month. Inwood has the cheapest median one-bedroom rents, coming in at $1,625 per month, followed by Prospect-Lefferts Gardens at $1,725 and Hamilton Heights at $1,848. On the opposite end, Noho has the highest one-bed median rent at $5,495 per month, followed by the Upper East Side along Central Park at $5,175, and Tribeca at $5,000.

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Park/Fifth Avenues From 59th Street to 79th Street
Neighborhood median for a one-bedroom rental: $5,500/month
43 East 67th Street, #4A: 54 percent below the neighborhood median
1 bed/1 bath – $2,550/month

70 Little West Street, Battery Park City

This sunny apartment is located in a Lenox Hill townhouse. It has large south-facing window, original parquet wood floors, crown moldings, french doors, a separate kitchen, two closets, and a large living space. It’s a third-floor walkup and is available immediately. See the full listing >>

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Williamsburg
Neighborhood median for a one-bedroom rental: $3,443/month
210 Montrose Street, #2L: 49 percent below the neighborhood median
1 bed/1 bath – $1,750/month

This unit has quite a large kitchen with a separate pantry closet. The living room is large with crown and base moldings, and the bedroom is through a charming arched doorway. See the full listing >>

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SOHO
Neighborhood median for a one-bedroom rental: $4,387/month
110 Thompson Street, #3B: 49 percent below the neighborhood median
1 bed/1 bath – $2,250/month

A cozy space, this apartment has the wood floors and exposed brick that so many New Yorkers desire. Plus, there’s an eat-in kitchen (virtually unheard of in this market) with updated appliances. Though there’s only one closet, the built-in window seat offers additional storage. The bedroom can fit a queen-sized bed, and it’s just a second-floor walkup. See the full listing >>

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Lincoln Center
Neighborhood median for a one-bedroom rental: $4,267/month
2020 Broadway, #2L: 46 percent below the neighborhood median
1 bed/1 bath – $2,300/month

This rent-stabilized home is newly renovated and bright. It has hardwood floors, a separate kitchen (with dishwasher!), and high ceilings. The bedroom has an en-suite bathroom, and you can’t beat this prime Lincoln Center location. See the full listing >>

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Midtown West
Neighborhood median for a one-bedroom rental: $3,750/month
309 West 47th Street, #1RE: 45 percent below the neighborhood median
1 bed/1 bath – $2,050/month

This nice rental offers hardwood floors, granite counters, and a bedroom that can fit a king-sized bed. See the full listing >>

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Riverside Dr./West End Avenue
Neighborhood median for a one-bedroom rental: $3,635/month
244 West 103rd Street, #10: 45 percent below the neighborhood median
1 bed/1 bath – $1,995/month

Completely renovated, this unit is within a grand Brownstone on a tree-lined block between Broadway and West End Avenue. It boasts 13-foot ceilings, bay windows facing the street, a separate kitchen with an island, and large closets with overhead storage space. See the full listing >>

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Lower East Side
Neighborhood median for a one-bedroom rental: $3,725/month
40 Ludlow Street, #2A: 45 percent below the neighborhood median
1 bed/1 bath — $1,995/month

In addition to the trendy LES location, this rental provides a bedroom big enough for a queen-sized bed plus furniture and a living room that fits a full-sized sofa and lots more. See the full listing >>

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West Village
Neighborhood median for a one-bedroom rental: $4,377/month
304-310 West 14th Street, #1F: 44 percent below the neighborhood median
1 bed/1 bath – $2,450/month

Referred to as “extra spacious,” this second-floor walkup has a newly renovated kitchen with the much-coveted dishwasher and built-in microwave, as well as a large bedroom with a closet, and clawfoot tub in the bathroom. See the full listing >>

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Lenox Hill
Neighborhood median for a one-bedroom rental: $3,300
324 East 73rd Street, #5D: 42 percent below the neighborhood median
1 bed/1 bath – $1,900/month

Here you’ll find abundant closets, high ceilings, and hardwood floors. And to boot, it’s just a five-minute walk from the #6 train. See the full listing >>

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Yorkville
Neighborhood median for a one-bedroom rental: $3,100/month
235 East 89th Street, #5FN: 42 percent below the neighborhood median
1 bed/1 bath – $1,800/month