These Are the Most Affordable Studio Rents in Manhattan’s Most Expensive Neighborhoods

published Mar 24, 2017
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(Image credit: Nancy Mitchell)

Ever wonder what it’s really like to live in the most expensive neighborhoods in New York, or if it’s even possible to afford it (let alone live on your own there)? To satisfy your curiosity, we looked for the most affordable studio apartments on the market right now in the 5 most expensive neighborhoods.

These 5 neighborhoods are based on RentHop’s 2016 Q4 rental trends, and were chosen because they have the highest median rent for studios in Manhattan. And I searched listings at Apartments.com, City Realty, Naked Apartments, Rent Hop and Trulia to find the lowest priced studio apartment in each neighborhood.

(Image credit: RentHop)

Tribeca

Median Rent: $3,150
Listing Rent: $2,250
About This Studio: According to the listing, this apartment is 500 square feet, and water, heat and gas are included in the rent. It also has a 24-hour attended lobby, a health center, a bike room and more. Read more and see more photos on RentHop.

(Image credit: Apartments.com)

NoMad

Median Rent: $3,113
Listing Rent: $2,200
About This Studio: This no-fee apartment is 450 square feet and features Italian marble, according to the listing. It’s also a 6 minute walk from the subway, and requires a 12-month lease. See more photos—and find out more—on Apartments.com.

(Image credit: RentHop)

NoHo

Median Rent: $2,995
Listing Rent: $2,000
About This Studio: This apartment building features a doorman and allows pets, according to the listing. Square footage isn’t listed, but the apartment comes with a custom bed frame and features a soaking tub. See more photos and find out more about this listing on RentHop.

(Image credit: Naked Apartments)

NoLita

Median Rent: $2,795
Listing Rent: $1,600
About This Studio: This NoLita studio borders on Little Italy, and is only 0.13 miles from the closest subway station, according to the listing. Square footage isn’t listed, but the apartment has high ceilings and hardwood floors. Find out more about this listing and see more photos at Naked Apartments.

(Image credit: RentHop)

Financial District

Median Rent: $2,792
Listing Rent: $2,000
About This Studio: While square footage isn’t listed, this apartment is in a pre-war building, has in-unit laundry, and allows pets, according to the listing. It’s also 0.05 miles from the closest subway station. See more photos and get more info at RentHop.