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Rooms for Rent in Gramercy
Named after a private, gated park near the center of this charming Manhattan neighborhood, Gramercy is a wealthy, predominantly residential community to the northwest of East Village. Known for its unique mix of iconic brownstones and upscale apartment buildings, Gramercy is a tree-lined urban paradise with a buzzy nightlife scene that attracts some of New York City’s most well-to-do denizens. A testament to the exclusivity of this posh community, the private park which lends its name to this neighborhood is only accessible by those who live in the vicinity and pay an annual fee.
With a median home price of $1.6 million, Gramercy ranked as the 10th-most expensive neighborhood in New York City as of 2019. While home prices have dropped in this exclusive neighborhood since 2019, the average cost of rent for an apartment in Gramercy is still considerably high compared to nearby Kips Bay and Peter Cooper Village. However, if you have your heart set on living in this fashionable area–and we can understand why you would–renting a room in Gramercy is a cost-efficient way to achieve your goal.
Renting an Apartment in Gramercy
If price is not a factor for you in your hunt for a home in Gramercy, then an entire apartment might be something to consider. If you plan to move in with a partner or need extra space for a home office, an apartment might be the best option. Despite the exclusive atmosphere of this neighborhood, renting an apartment in Gramercy is easier than ever, with rental listing websites like June to help you find a home that fits your lifestyle. There are lots of rental options to choose from in Gramercy. So it is helpful to have some idea of what features you are looking for in an apartment. With June, you can filter your search by price, bedroom size, and parking type.
Short-Term Rentals in Gramercy
Short-term rentals are not as readily available in Gramercy as in other Manhattan neighborhoods like East Village and Hell’s Kitchen. However, there are several apartments and rooms for rent in Gramercy that offer short-term leasing. With the increasing popularity and demand for short-term rentals, more landlords and property managers in Gramercy are starting to offer leasing options that cater to the lives of college students, gig workers, and professionals who frequently travel for work. If you are in need of a short-term rental, keep in mind that all of June’s apartments and rooms for rent in Gramercy offer flexible, month-to-month leasing.
Things to Do in Gramercy
Ideally located near the heavily commercialized Flatiron District, Gramercy is within walking distance of all the high-end retail stores along Fifth Avenue. Irving Place serves as the main commercial thoroughfare in Gramercy, along which you can find an assortment of bars and restaurants. Renting a room in Gramercy can help you save money for both shopping and entertainment.
If you like your whiskey with a history chaser, check out Pete’s Tavern at the intersection of Irving Place and East 18th Street. First opened in 1864, Pete’s Tavern is the oldest continuously operated saloon in New York City. Grab a friend and go to a concert at Irving Plaza. This popular venue hosts both indie bands and well-known musicians. While you might not gain entrance into Gramercy Park, you can get some much-needed fresh air and exercise at Stuyvesant Square Park.
FAQs about Renting Rooms in Gramercy
Are you new to Manhattan’s Gramercy neighborhood? If so, you probably have some questions about rent and how much you might be paying each month. June is here to help answer some of those frequently asked questions for you.
How Much is a Room in Gramercy?
According to current listings on Roomies.com, unfurnished rooms for rent in Gramercy range from $975 to $3000 per month. Couple-friendly rooms may cost you more every month, as will larger rooms with more closet space. You can rent an unfurnished queen-size room with a private bathroom for as low as $1750 per month.
How Much is to Rent an Apartment in Gramercy?
The average rent for a studio apartment in Gramercy is $3500, according to Zumper, which is almost $1000 less than the median rent for a one-bedroom unit. Two-bedroom units in Gramercy range from $3300 for a 650-square-foot apartment to $15000 for a spacious and luxurious loft. You can rent a three-bedroom apartment for as low as $4120 per month, according to current listings on Apartments.com.
How Much is a Short-Term Furnished Rental in Gramercy?
Furnished short-term rooms for rent in Gramercy range from $3275 to $3525 per month, according to current listings on Apartments.com. You can expect to pay more for large rooms with private bathrooms. Furnished short-term apartments in Gramercy start at around $4400 per month.