Market Insights New York City, NY Rental Market

What You Can Rent for around $3,000 in Manhattan

Manhattan rentals under $3,000

Manhattan, one of the world’s most important business cores, is a daily destination for cohorts of employees – lured by its endless professional opportunities. But do they all reside here, in this bustling hub of steel and skyscrapers? Probably not, since one of the most challenging things that defines Manhattan is finding a conveniently priced place to live.

Along with throngs of people – and almost as many hot dog stands! – small spaces and high prices are generally the norm for this legendary metropolis. Just like the fast-paced lifestyles of New Yorkers, rent prices in the city that never sleeps don’t seem to be resting any time soon. With the average Manhattan rent clocking in at $5,133 as of September 2015 – almost five times the national average of $1,167 a month – the rental housing competition is stiff and often daunting, but certainly not hopeless.

Are you looking for a cut-price apartment for rent inside Manhattan, to keep your budget below the island’s average? Here is an inside look at what you can get in various neighborhoods for close to $3,000 a month:

Stuyvesant Town: from $2,800 a month for a 1-bedroom apartment, 755 sq.ft.

The newly renovated apartment homes of Stuyvesant Town are located in an 80-acre private park setting. With a choice of modern or classic style finishes, the 1-bedroom units boast spacious living rooms, custom bathrooms, and bedrooms large enough to fit king sized beds, all for under $3,000 a month.

Along with the sprawling park backdrop are basketball, volleyball, and bocce ball courts. Other perks you can find in the pet-friendly Stuyvesant Town area are seasonal markets, outdoor movies, live music, and many other social events.

stuyvesant-town manhattan
1- bedroom apartment, Stuyvesant Town, Manhattan – NYC. Image via RENTCafe

West Side Marquis, Upper West Side: from $3,050 a month for a 1-bedroom apartment, 676 sq.ft.

Sleek and modern, the apartments within West Side Marquis combine coveted amenities with a central location. The large windows offer plenty of light and a stunning view of downtown Manhattan, while the large closets and extra storage space are always highly appreciated.

The apartment complex offers its residents a fitness center, laundry facilities, covered parking, and even a playground for those with children. Located in one of the most desirable neighborhoods – Upper West Side – just one block away from Central Park, and near to Columbus Square, there are plenty of restaurants, stores, and entertainment options all within walking distance.

west-side-marquis manhattan
1- bedroom apartment, West Side Marquis, Manhattan – NYC. Image via RENTCafe

Peter Cooper Village: from $3,250 a month for a 1-bedroom apartment, 947 sq.ft.

For those looking for a larger, contemporary space, the sophisticated 1-bed apartments at Peter Cooper Village offer oversized rooms, new marble bathrooms, large closets, and state-of-the art appliances.

Set within the same lush 80-acre private park as Stuyvesant Town, Peter Cooper Village is also amply equipped with outdoor recreational facilities, such as volleyball, basketball, bocce, and paddle tennis courts. Tenants can socialize at the Resident Café or by the picnic area. For even more activities, Gramercy Park, Union Square, and Flatiron District are just steps away, offering an abundance of nightlife, dining options, and entertainment.

peter-cooper-village manhattan
1- bedroom apartment, Peter Cooper Village, Manhattan – NYC. Image via RENTCafe

The Colorado, Yorkville – Upper East Side: from $3,036 a month for a 1-bedroom apartment, 675 sq.ft.

Renters looking for modern luxury will love the high-rise apartments at The Colorado. The 1-bedroom apartments at 201 E. 86th St. are centrally located on the prestigious Upper East Side. They offer a blend of sleek and cozy styles for around $3,000 a month. Residents enjoy gorgeous views, especially from the higher floors of the 35-story rental building. The complex boasts new elevators and 24-hour concierge and maintenance services, as well as impressive landscaped rooftop gardens.

the-colorado manhattan
1-bedroom apartment, The Colorado, Manhattan – NYC. Image via RENTCafe

James Marquis, Upper West Side: from $2,615 a month for a studio, 529 sq.ft. ; from $3,560 a month for a 1-bed apartment, 793 sq.ft.

Take a stroll through the American Museum of Natural History or relax in Central Park on the way to these lovely apartments at 101 W. 90th St. Located on the Upper West Side, public transportation and cultural hotspots are just outside your door. The price is a bit higher for the 1-bedroom apartments within James Marquis, so if you want a more convenient rent, then studios are a better option, as they rent for $2,615 a month. All units are cable-ready, come with large closets and extra storage, and offer beautiful hardwood floors throughout. Community amenities include a fitness center, a door attendant, and night patrol.

james-marquis manhattan
1-bedroom apartment, James Marquis, Manhattan – NYC. Image via RENTCafe

For more affordable apartments, you can also explore Brooklyn, Queens, Bronx, or Staten Island rentals and find a home that is perfect for you and your lifestyle!

Do you want to rent? 

Finding the perfect home is not an easy task, so make sure to explore all your options. There are many affordable apartments for rent under $1,200 in Manhattan. However, if you’re willing to splurge a little, browse a generous selection of apartments under $1,400. Expand your choices even more and take a look at all the amazing apartments available under $1,600 in Manhattan. You can see all the options in the list below.

Discover Apartments Near You

At RENTCafe.com, the perfect apartment nearby is just a click away.

APARTMENTS NEAR ME

About the author

Nicky Iudean

Nicky is an Online Communications Specialist for RENTCafé.com, where she researches and writes about real estate, interior design, and all things that spark renters’ interests. She is also your go-to person for content collaborations. Nicky double majored in Marketing and Applied Economics and holds a master's degree in Marketing Strategies and Policies. You can reach her via email at nicky.rentcafe@yardi.com.

Add Comment

Click here to post a comment