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3 Bedroom Apartments for Rent in Manhattan, NY - 51 Rentals available

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Manhattan, NY Demographics

  • Total Population1,596,619
  • Female 753,990
    Male 842,629
  • Median Age35.8

Average Rent for 3 Bedroom apartments in Manhattan, NY

  • The average rent for a 3 Bedroom apartment in Manhattan, NY, November 2018$4,041/mo
  • 1 Bedroom$3,757
  • 2 Bedrooms$5,474
  • 3 Bedrooms$7,924

Manhattan, NY 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $4,041 $7,924
Jan / 2018 $4,068 $7,865
Sept / 2017 $4,091 $7,722
May / 2017 $4,105 $7,761
Jan / 2017 $4,085 $7,809
Sept / 2016 $4,167 $8,246
May / 2016 $4,191 $8,355
Jan / 2016 $4,142 $8,291
Sept / 2015 $4,110 $7,775
May / 2015 $4,808 $14,554

Manhattan, NY Households

  • Total Number of Households736,006
  • Family 303,436
    Non-family 432,570
  • Children 134,924
    No Children 601,081
  • Average People Per Household1.99
  • Median Household Income$100,200
  • Median Housing Costs Per Month$1,993

Manhattan, NY Education Statistics

  • No High School7%
  • Some High School20%
  • Some College13%
  • Associate Degree4%
  • Bachelor Degree31%
  • Graduate Degree25%

Renting a 3 bedroom apartment in Manhattan, NY

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 959 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Manhattan, NY, rents on 3 bedroom apartments go up to $12,805. 49 rental properties offer 3 bedroom units in Manhattan, NY to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Manhattan, NY

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $775 in Manhattan, NY, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Central Park or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.