If you’re searching for a rental apartment in Manhattan right now, you are probably well aware that there are fewer listings available. And to make matters worse: Rents are higher and there are fewer concessions compared to a year ago.
But there’s a big difference between doorman and non-doorman buildings, according to the latest Elliman Report, these two categories are behaving like they are in two completely different markets. Last month, the median rent in non-doorman buildings increased by 3.9 percent to $2,650 compared to November 2020, while doorman (a proxy for luxury) buildings saw an 18.3 percent increase to $4,398. This means if living in an amenity-laden building isn’t on your must-have list, you have a better chance of finding a cheaper rental if you focus your search on non-doorman rentals.
Brokers tell Brick Underground that two bedrooms are particularly popular because New Yorkers still working from home are looking for more space. There are 312 two bedrooms under $2,650 (the median rent for non-doorman buildings) currently listed on StreetEasy.
To help with your Manhattan apartment search, here are five two bedrooms for less than $2,650, including a rent-stabilized two bedroom in Hudson Heights.
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217 East 85th St., #1,Yorkville
This two bedroom, one bath is listed for $2,300. It has hardwood floors, high ceilings, oversized windows, overhead storage, and a windowed kitchen.
175 East 105th St., #3R,East Harlem
This no-fee two bedroom, one bath is listed for $2,399. It has hardwood floors, high ceilings, recessed lighting, several windows, and stainless steel appliances.
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110 Madison St., #16,Two Bridges
This no-fee two bedroom, one and a half bath is listed for $2,500. The renovated apartment has stainless steel appliances, granite countertops, hardwood floors, high ceilings, recessed lighting, and exposed brick.
23-25 East 124th St., #4A,South Harlem
This no-fee two bedroom, one bath is listed for $2,500. It has hardwood floors, stainless steel appliances, a dishwasher, four closets, and several windows.
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701 West 177th St., #6,Hudson Heights
This no-fee, rent-stabilized two bedroom, one bath is listed for $2,600. Apartment #6 has hardwood floors, oversized windows, moldings, stainless steel appliances, Caesarstone countertops, and recessed lighting. The building has a live-in super.