Apartment rentals New York with Roosevelt Island Rentals

Yes, There (Still) Are NYC Apartments Renting for Less than $3000/Month

Yes, There (Still) Are NYC Apartments Renting for Less than $3000/Month

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.

A 5 minute Tram Ride to Remember - Roosevelt Island

A Birds eye view of Manhattan

Looking for an inexpensive way to get a bird’s eye view of Manhattan? A 5 minute ride on the Roosevelt Island tram, that takes off from 59th Street and Second Avenue, over dramatic city sights, high-low elevations of the Queensborough Bridge, and the Manhattan skyline; offers riders just that.

Cell High: Roosevelt Island Luxury Rental The Octagon Scores Unique Green Honor

First things first: The Octagon, on Roosevelt Island, is one of the elite new luxury rental listings on Roosevelt Island -- which is a distinction that increasingly means something. But The Octagon is also more than that -- something simultaneously both more futuristic and more historic than the average Manhattan luxury rental, and another sign of Roosevelt Island's rise as a neighborhood worth watching on the Manhattan real estate scene. The Octagon New Yorkers know today -- a 500-unit luxury rental building that's also one of the greenest green rental buildings in New York City -- was built in 2006, around a (yes) octagonal building with a much longer story behind it. The octagon that forms the hub of The Octagon dates back to 1841, and was built then by Alexander Jackson Davis as a blue octagonal entrance building to what was known then as the New York City Lunatic Asylum (Today, of course, we no longer say "lunatic asylum," and instead use the term "Port Authority Bus Terminal.") That the space has since become one of the most luxurious rental listings on Roosevelt Island -- after 55 years of service as a 19th-century mental hospital, if you're just joining us -- is notable enough. But with the installation of a new, energy-efficient fuel cell that makes The Octagon the first green apartment building in NYC and New York State to be so-powered, The Octagon also has a claim to being one of the greenest green rentals in Manhattan.

Fresher, More Direct: Green Rentals In Battery Park Bring Farm-Fresh Produce To Lower Manhattan

solaire battery park city green condo csa

As we've written before, and proved time and again, the Luxury Rentals Manhattan blog is secretly about food. Yes, we write about Manhattan rental apartments most of the time, but from the neighborhood-enhancing aspects of Shake Shack to the farmers markets of the Financial District, we will definitely write something about food when the time's right (or when there's nothing else to write about). Today, thankfully, our two usual topics -- food and Manhattan luxury rentals -- have come together in a bit of good news involving the green rental listings of Battery Park City. As Manhattan real estate heads know, many Battery Park City rental listings are green rentals, but the ones developed by Manhattan green rental superstars The Albanese Organization have taken green building a step further -- by actually providing access to fresh greens (and tomatoes, and beans, and corn, and potatoes) to residents of Battery Park green rental stars The Solaire and The Verdesian. The pioneering CSA-delivery program set up by The Albanese Organization is another reason why they're officially LRM heroes, and more proof that Battery Park City is one of the greenest and most appealing places to live in Manhattan.