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$700 - $9501 Bedroom Apartments Available Now
Harlem Place 1
511 W 145th StNew York, NY 10031
Cheap Apartments for Rent in New York, NY from $300 (403 Rentals)
Search the lowest-cost Apartments available for rent right now in New York.
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$1,3502 Bedroom Apartments Available Now
232 7th Ave
232 7th AveNew York, NY 10011
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$1,4022 Bedroom Apartments Available Feb 6, 2029
66 Avenue A
66 Avenue ANew York, NY 10009
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Studio to 3 Bedroom Apartments
The Carolina
1465 Park AveNew York, NY 10029
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Studio to 3 Bedroom Apartments
Sendero Verde - Affordable
1681 Madison AveNew York, NY 10029
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Studio to 1 Bedroom Apartments
34 Hillside Ave
34-64 Hillside AveNew York, NY 10040
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Studio to 3 Bedroom Apartments
Lenox Terrace
484 Lenox AveNew York, NY 10037
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1 Bedroom Apartments
216 E 83rd St
216 E 83rd StNew York, NY 10028
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Studio to 2 Bedroom Apartments
1630-1636 Park Ave
1630-1636 Park AveNew York, NY 10029
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Studio to 2 Bedroom Apartments
147 E 30th St
147 E 30th StNew York, NY 10016
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 3 Bedroom Apartments
Douglass Park
300 W 128th StNew York, NY 10027
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1 to 2 Bedroom Apartments
St Nicholas Park Apartments
306 W 128th StNew York, NY 10027
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1 to 3 Bedroom Apartments
Allendale Apartments
808 West End AveNew York, NY 10025
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Studio to 1 Bedroom Apartments
407 E 88th St
407 E 88th StNew York, NY 10128
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Studio Apartments
14 St Marks Pl
14 St Marks PlNew York, NY 10003
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Studio Apartments
101-105 W 133rd St
101-105 W 133rd StNew York, NY 10030
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Studio to 1 Bedroom Apartments
James Lenox House- 55 and Over- NYC Residents
49 E 73rd StNew York, NY 10021
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1 to 2 Bedroom Apartments
157-159 Vermilyea Ave
157-159 Vermilyea AveNew York, NY 10034
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1 to 2 Bedroom Apartments
156 Sherman Ave
156 Sherman AveNew York, NY 10034
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1 Bedroom Apartments
1366 York Ave
1366 York AveNew York, NY 10021
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 3 Bedroom Apartments
160 East 107
160 E 107th StNew York, NY 10029
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1 Bedroom Apartments
524 W 169th St
524 W 169th StNew York, NY 10032
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Studio to 2 Bedroom Apartments
310 West Cozy
310 W 20th StNew York, NY 10011
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Studio to 2 Bedroom Apartments
20 LAUREL HILL TER
20 laurel Hill TerNew York, NY 10033
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1 to 2 Bedroom Apartments
266-68-270-72 Nagle Ave
266-68-270-72 Nagle AveNew York, NY 10034
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Studio to 3 Bedroom Apartments
35 West 65th Street
35 W 65th StNew York, NY 10023
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Studio to 2 Bedroom Apartments
116 John St
1 Platt StNew York, NY 10038
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Studio to 2 Bedroom Apartments
1548-1560 Saint Nicholas Ave
1548-1560 Saint Nicholas AveNew York, NY 10040
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Studio to 2 Bedroom Apartments
418 East 81st Street
418 E 81st StNew York, NY 10028
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Studio Apartments
236-238 E 78th St
236-238 E 78th StNew York, NY 10075
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Studio to 1 Bedroom Apartments
410 E 81st St
410 E 81st StNew York, NY 10028
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Studio to 1 Bedroom Apartments
214 W 102nd St
214 W 102nd StNew York, NY 10025
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Studio to 3 Bedroom Apartments
11 Hillside Avenue
11 Hillside AveNew York, NY 10040
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Studio to 1 Bedroom Apartments
328 W 83rd St
328 W 83rd StNew York, NY 10024
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$735 - $2,0371 to 3 Bedroom Apartments Contact Us For Availability
The Willows at Glassworks
145 Cliffwood AveCliffwood, NJ 07721
245 Glenhill Ave
YonkersNY10701
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$8755 Bedroom Apartments Available Now
115 Winfield Ave
115 Winfield AveJersey City, NJ 07305
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$890 - $1,326Studio to 2 Bedroom Apartments Contact Us For Availability
Kings Plaza
270 King StPerth Amboy, NJ 08861
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$9001 Bedroom Apartments Available Now
1523 Central Park Ave
1523 Central Park AveYonkers, NY 10710
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$9501 Bedroom Apartment Available Now
603 Garfield Ave, Unit 1
603 Garfield AveJersey City, NJ 07305
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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$9851 Bedroom Apartments Available Now
53 Cooper Pl
53 Cooper PlWeehawken, NJ 07086
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$1,0002 Bedroom Apartment Available Now
14214 130th Ave, Unit 142-14 130th avenue
14214 130th AveJamaica, NY 11436
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$1,0001 Bedroom Apartments Available Now
2916 Grand Concourse
2916 Grand ConcourseBronx, NY 10458
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$1,0001 Bedroom Apartments Available Now
3180 Fish Ave
3180 Fish AveBronx, NY 10469
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$1,0001 Bedroom Apartments Available Feb 15
573 E 93rd St
573 E 93rd StBrooklyn, NY 11236
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Rent Specials
$1,013 - $2,158Studio Apartments Available Now
The Astra - Income Restricted
645 Gates AveBrooklyn, NY 11221
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$1,017 - $1,8971 to 4 Bedroom Apartments Contact Us For Availability
Portside II
136 Pine StElizabeth, NJ 07206
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$1,039 - $2,958Studio to 4 Bedroom Apartments Available Now
Whitney Young Manor
352-358 Nepperhan AveYonkers, NY 10701
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$1,0505 Bedroom Apartments Available Now
539 Fox St
539 Fox StBronx, NY 10455
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$1,075 - $1,5651 to 2 Bedroom Apartments Contact Us For Availability
Bayshore Village (62+)
100 Shoal Harbor CtPort Monmouth, NJ 07758
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
New York, NY Local Guide
How much does it cost to rent an apartment in New York?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New York Studio Apartments | $3,213 | $890 | $10,000+ |
| Cheap New York 1 Bedroom Apartments | $3,482 | $700 | $10,000+ |
| Cheap New York 2 Bedroom Apartments | $4,191 | $1,000 | $10,000+ |
| Cheap New York 3 Bedroom Apartments | $4,630 | $1,397 | $10,000+ |
| Cheap New York 4 Bedroom Apartments | $4,950 | $1,632 | $10,000+ |
| New York 5 Bedroom Apartments | $7,426 | $875 | $10,000+ |
| New York 6 Bedroom Apartments | $7,128 | $4,200 | $9,450 |
| New York 7 Bedroom Apartments | $7,696 | $3,454 | $10,000+ |
Browse Top Apartments in New York
See all Apartments in New YorkExplore New York
New York, NY Local Guide
Written By:
Trey HuguleyDirector, Product Marketing
- New York Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in New York, NY
Pricing Updated: 02/06/2026Current apartment rentals in the New York, NY area range in price from $700 to $37,090 with an overall median price of $6,162. The three New York neighborhoods with the lowest median rent pricing are Bulls Head at $1,300, Emerson Hill at $1,300, and Lighthouse Hill at $1,300. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New York Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Bulls Head | $1,300 | $1,300 | 1 |
| Emerson Hill | $1,300 | $1,300 | 1 |
| Lighthouse Hill | $1,300 | $1,300 | 1 |
| New Springville | $1,300 | $1,300 | 1 |
| Richmond Town | $1,300 | $1,300 | 1 |
| Annadale | $1,695 | $1,695 | 1 |
| Eltingville | $1,695 | $1,695 | 1 |
| Great Kills | $1,695 | $1,300 | 2 |
| Bronxwood | $2,000 | $2,000 | 1 |
| Hunt's Point | $2,100 | $2,100 | 1 |
Cheapest Available New York Apartments for Rent
The cheapest available apartment rental in New York, NY is a 1 Bed unit found at Harlem Place 1 in the Hamilton Heights neighborhood priced from $700. Ventnor Flatz in the Prospect Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here is today’s list of the most affordable New York apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harlem Place 1 | 1 Bedroom | 1BR,1BA | $700 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $750 |
| Park Lane at Sea View | One Bedroom B | 1BR,1BA | $967 |
| 53 Cooper Pl | 1 | 1BR,1BA | $985 |
| The Astra - Income Restricted | Studio | Studio,1BA | $1,013 |
| Markham Gardens | 2 Bedroom | 2BR,1BA | $1,025 |
| Whitney Young Manor | Studio | Studio,1BA | $1,039 |
Best Value Apartments for Rent in New York, NY
As of February 06, 2026 the best value apartment in the New York area is the $0.28 price per square foot 132 Heald St Model at 132 Heald St in the in the Arden Heights neighborhood starting from $1,975. The second greatest value New York apartment is the 472 Myrtle Ave Model at 472 Myrtle Ave, Unit RETAIL starting at $6,500 with a $1.00 price per square foot in the Downtown Brooklyn neighborhood. Here is today’s list of the best values for New York apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 132 Heald St | 132 Heald St | 3BR,1BA | $0.28 |
| 472 Myrtle Ave, Unit RETAIL | 472 Myrtle Ave | 1BR,1BA | $1.00 |
| 487 Mercer St, Unit 2nd Fl Apt | 487 Mercer St | 3BR,1BA | $0.54 |
| 1117 Chestnut St, Unit 1 | 1117 Chestnut St | 3BR,2BA | $0.92 |
| 133 23rd St, Unit 3F | 133 23rd St | 2BR,2BA | $0.97 |
| 59 Vroom St | 59 Vroom St | Studio ,1BA | $0.60 |
| 1010 Kilsyth Rd | 1010 Kilsyth Rd | 2BR,1BA | $0.93 |
| 1 Carriage City Plz, Unit 614 | 1 Carriage City Plz | 1BR,1BA | $1.07 |
| 603 Garfield Ave, Unit 1 | 603 Garfield Ave | 1BR,1BA | $0.96 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.88 |
The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the New York City area for affordable living. Find your perfect NYC Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
New York Overview
There's a reason they call New York City the Big Apple. It is one of the most exciting cities in the world. The largest city in the United States in top of population, this city is a melting pot of culture, adventure and fun. Living here, you'll enjoy a global community that is home to the leaders in finance, fashion, culture, and art. With five boroughs to choose from when looking for apartments in New York City, there is something here for everyone. Maybe it's time for you to take your own bite out of the Big Apple.
Why live in New York, NY?
The easier question might be why wouldn't someone want to live in New York City. No matter the time of day, there is somewhere to go, something to do, and someone to do it with. From bars to restaurants to the theater, it's true this town never sleeps. Add in the parks, museums, and Times Square, and NYC is truly a unique place that will make you feel connected to the world in a way that isn't possible anywhere else.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New York, NY Rentals by Map
See the most popular apartments and homes in New York, NY
New York, NY Area Reviews
Do you know the New York area?
Let everyone know!
Write a Review
Virginia • 4+ years in New York
October 16, 2025Good vibes - but the stores could be better. Too many junk stores and nail salons. Not enough food stores - and the ones here are rather pricey. Not pet friendly - yet another service presented by the greedy landlords--rents are too high.
Frequently Asked Questions about Cheap New York Apartments
What is a cheap apartment in New York?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New York is under $1,039.
What is the price of a cheap apartment in New York?
The cheapest apartment in New York is Harlem Place 1 which is listed at $700, while the average apartment in New York costs $6,162.
What types of apartments are the cheapest in New York?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 680 regular apartments in New York that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in New York?
Cheap apartments in New York have an average cost of $875 which is $5,287 cheaper than the average rent for all rentals in New York.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.
Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
Written by: Joshua Carlucci
New York City is more than just a destination—it’s a way of life, especially for students eager to dive into a melting pot of cultures, endless activities, and academic prestige.
The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers
Written by: Joshua Carlucci
New York has a funny way of making your commute part of your identity.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.