Apartment rentals New York with Harlem Rentals

Harlem may be deemed as one of New York City’s up-and-coming neighborhoods, but with its unsurmountable musical history, cultural and culinary hipness, and great location near notable destinations such as The Apollo Theater, Columbia University, and Central Park, the Northern Manhattan neighborhood is, to the well-trained eye, already as prominent as its borough brethren.

Apartment hunters in New York City let out a collective groan earlier this month when a new survey on the city’s rental market declared that the average rent of an apartment in the city has reached a whopping $3,017 per month—that’s three times the average rent of an apartment in America. Once again, it is the city’s low vacancy rates that are being blamed for this meteoric rent rise, with landlords taking advantage of the high demand to shoot up the asking prices of their apartments.

But all is not lost—at least not yet. As hard as it may be to believe, there are still apartments on the market that are asking for rents less than the current average in the market. We went through our extensive database to find out apartments that have asking rents of less than $3,000 a month, and we have listed below some of our favorites (read as: the least expensive picks) from that select collection of available apartments.

Chelsea is one New York City neighborhood that has a lot going for it currently, and if the latest rental market report released by MNS is to be believed, now is a good time to consider renting in this very vibrant locality. According to the report, two-bedroom apartments in Chelsea have had the greatest declines in rent as compared to the previous month, making Chelsea an extremely attractive neighborhood for both individuals and families looking for a place to live in Manhattan.

So, here’s the deal: yes, Manhattan is known for having high rents, but if you’ve set your mind on living in only this borough of New York City, now is a good time to score some great deals on apartments here. A report in The Wall Street Journal says that rents in Manhattan declined again last month, thereby making January the fifth consecutive month to see a drop in average rents.

If you are looking for a new apartment in Manhattan, chances are that you are going to be looking for homes in neighborhoods like the Upper West Side or Greenwich Village. After all, these are the neighborhoods that are enjoying a lot of buzz, thanks to both the quality of the homes in the area, as well as the livability of the area itself. Having said that, the apartments here won’t come cheap, since rents, after all, are so closely correlated with the reputation of the neighborhood. But there are exceptions to the rule—there are some Manhattan neighborhoods that are currently on the upswing, and the rents there haven’t shot through the roof—yet.