If you’re looking to rent an apartment in Manhattan, it’s still a good time to find a deal because landlords continue to offer generous concessions on top of a lower-than-usual rents.
Winter is typically the slowest time to rent an apartment, but this year the calendar is different because of the spring shutdown, and if you are willing to make a move right now, you will have more options than usual. There are lots of vacant apartments and landlords are eager to fill them now rather than risk them sitting empty for a month or two.
However you should also keep in mind that competition for apartments is starting to ramp up again. The borough saw an increase in signed leases in November because of renters looking to take advantage of concessions and cheaper apartments, so you should act fast if you find something you like.
Find Your Next Home
No-fee apartments, where the landlord pays the broker fee for you or the management company rents directly to you, are more widely available: This winter, nearly two-thirds of leases come with a concession. There are currently 6,599 no-fee one bedrooms in Manhattan with listed on StreetEasy. And, apartments that come with a free month (or more) are also available in Manhattan: There are currently 146 listed on StreetEasy if you search for “one month free.” So, if you’re looking for an apartment in Manhattan with the combination of the two, you’ve got some options.
To make your apartment hunt a little easier, here are five no-fee one bedrooms in Manhattan including a Lenox Hill apartment with one month free and a Kips Bay one bedroom with two months free.
332 East 71st St., #3D, Lenox Hill
This no-fee one bedroom, one bath is asking $1,850 with one month free on a 12-month lease. Apartment #3D is renovated and has hardwood floors, exposed brick walls, crown molding, recessed lighting, stainless steel appliances, and several windows. The 72nd Street subway station and Morton Williams are nearby.
21 West 87th St., #4B, Upper West Side
This no-fee one bedroom, one bath is asking $2,050 with one month free on a 12-month lease. The apartment has hardwood floors, high ceilings, exposed brick walls, ceiling fans, and stainless steel appliances. The 86th Street subway station and Central Park are nearby.
221 East 23rd St., #16, Kips Bay
This no-fee one bedroom, one bath is asking $2,495 with two months free on a 12-month lease. The renovated apartment has hardwood floors, exposed brick walls, recessed lighting, high ceilings, crown molding, stainless steel appliances, and an in-unit washer and dryer. Gramercy Park and Bellevue South Park are nearby.
26 Jane St., #5E, West Village
This no-fee one bedroom, one bath is asking $2,950 with one month free on a 12-month lease. Apartment #5E has exposed brick walls, hardwood floors, recessed lighting, crown molding, stainless steel appliances, mosaic tiles in the bath, and an in-unit Bosch washer and dryer. Jackson Square and Whitney Museum are nearby.
404 East 55th St., #10A, Sutton Place
This no-fee one bedroom, one bath is asking $3,500 with one month free on a 12-month lease. The apartment has hardwood floors, high beamed ceilings, stainless steel appliances, marble countertops, four closets, and a wood-burning fireplace. Sutton Place Park and Morton Williams are nearby.