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Three-bedroom apartments in prime locations don't come cheap: Right now, according to StreetEasy.com, the median asking price for a three-bedroom rental with at least two bathrooms below 96th Street in Manhattan is $8,550.
Head further uptown, and things are different, like this $2,195-per-month three-bedroom rental in Washington Heights (1 Cabrini Boulevard, west of Broadway between W. 177 and W. 178th Streets). Besides all those bedrooms, this apartment has two newly renovated bathrooms, an eat-in kitchen, a separate dining area, and original prewar details. Originally listed on October 15 at $2,950, it has not found any takers during the slower winter months, and is currently being offered for $2,195, a 25% reduction.
No-Fee Apartment of the Week is writer A. Ready's weekly independent selection of a no-fee rental that she believes reflects good value given current market conditions. It is not an advertisement, nor is it paid for by any company/website mentioned.