If you’re looking for a deal on a New York City rental apartment, a studio might be your best bet. Demand for studios fell during the pandemic as renters took advantage of the city’s lower rents to trade up to larger apartments.
There’s been a recent uptick in NYC lease signings, however rents have not recovered to pre-pandemic levels and studios have been the slowest to rebound. In Manhattan, the current median rent for Manhattan studios is $2,396, a 4.2 percent decline from July 2020, according to the Elliman Report.
You’ll find a lot to choose from at that price point. Currently there are 784 studios on the market for less than $2,400 on StreetEasy, many of them on the Upper East and Upper West Side.
To help with your apartment hunt, Brick found these five studios for $2,400 or less in those areas.
423 East 82nd St., #3A, Yorkville
This no-fee studio is listed for $2,400. The rent-stabilized apartment has hardwood floors, stainless steel appliances, exposed brick walls, recessed lighting, central air, and an in-unit washer/dryer. The building has a roof deck.
25 West 64th St., #1A, Lincoln Square
This no-fee studio is listed for $2,300. The co-op has hardwood floors, high beamed ceilings, several windows, three closets, and stainless steel appliances. The building has a live-in super and laundry room.
27 East 94th St., #1A, Carnegie Hill
This no-fee studio is listed for $2,300. Apartment #1A has crown molding, hardwood floors, curved archways, high ceilings, and four closets. The building has a live-in super and laundry room.
37 East 65th St., #3D, Lenox Hill
This no-fee studio is listed for $2,200. The apartment has exposed brick walls, crown molding, stainless steel appliances, a breakfast bar, and a decorative fireplace. The building has a live-in super.
210 West 94th St., #3H, Upper West Side
This no-fee studio is listed for $1,995. The apartment has high ceilings, hardwood floors, stainless steel appliances, and a decorative fireplace. The building has a live-in super and doorman.
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