The Rental Market

5 apartments for rent for $2,000 in NYC's cheapest neighborhoods

  • Inwood is the most affordable neighborhood for renters in Manhattan
  • You score better deals the farther you live from Midtown
By Austin Havens-Bowen | October 26, 2022 - 9:30AM

This Inwood one bedroom, one bath is available for $1,850 a month.

MNS/StreetEasy

Are you looking for a cheap apartment to rent in New York City? It's a major challenge these days because rents are steep in all five boroughs—but there are some neighborhoods that are more affordable than others.

To pinpoint these areas, Brick Underground partnered with RentHop to round up the neighborhoods with the lowest median rent for a one bedroom. So if you're apartment hunting in Manhattan, head to Inwood, where the median rent for a one bedroom is $1,950. In Brooklyn, the most affordable neighborhood is Gravesend, where the median rent for a one bedroom is $1,695; and in Queens, Woodhaven is the most affordable with a median rent of $1,700 for a one bedroom. 

Keep in mind that the farther you move from Midtown Manhattan, the more likely you are to get a good deal. You may have a longer commute if your work in Manhattan, but many of these areas, like Woodhaven, for example, have plenty of transportation options and far-flung nabes like Bath Beach have the perk of being on the waterfront. 

To help with your budget-friendly apartment search, here are five apartments for rent around $2,000 a month in Inwood, Washington Heights, Parkchester, Middle Village, and Bath Beach.

514 West 213th St., 5D, Inwood 

This one bedroom, one bath is listed for $1,850. Apartment #5D has white appliances, hardwood floors, moldings, and several closets. The building is pet friendly. Isham Park and the 215th Street 1 subway station are nearby. 

648 West 158th St., #BF, Washington Heights 

This one bedroom, one bath is listed for $1,950. The renovated apartment has stainless steel appliances, hardwood floors, an in-unit washer/dryer, recessed lighting, high ceilings, and new light fixtures. Fort Washington Park is nearby.

1595 Metropolitan Ave., #2G, Parkchester

This no-fee two bedroom, one bath is listed for $1,950. It has parquet floors, beamed ceilings, stainless steel appliances, and several closets. The building has garage parking and a recreational facility. Oval Park is nearby.

79-29 68th Ave., #2B, Middle Village 

This two bedroom, one bath is listed for $2,050. It has hardwood floors, new stainless steel appliances, several windows, moldings, and updated bath. The Shops at Atlas Park are nearby. 

1533 Independence Ave., #2, Bath Beach

This no-fee one bedroom, one bath is listed for $2,099. The co-op features stainless steel appliances, hardwood floors, oversized windows, ceiling fans, built-ins, and moldings. Amenities include a laundry room and courtyard. Co-op board approval and application fee are required. Dyker Beach Park and Bath Beach Park are nearby.

 

Austin Havens-Bowen

Staff Writer

Staff writer Austin Havens-Bowen covers the rental market and answers renters' questions in a column called Realty Bites. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. 

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.
topics: