Cheap Homes for Rent in Alphabet City Neighborhood of New York, NY from $2,600 (39 Rentals)

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Search the lowest-cost Homes available for rent right now in the Alphabet City area of New York.

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property at 214 E 10th St

214 E 10th St

New YorkNY10003

New York's Best Affordable Neighborhoods

Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci

Alphabet City, New York, NY Local Guide

Cheapest Available Alphabet City Apartments for Rent

 

The cheapest available apartment rental in the Alphabet City area of New York, NY is a Studio unit found at 112 East 7th Street priced from $2,600. 516 East 5th Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,630. Here are the most affordable Alphabet City apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
112 East 7th Street112 EAST 7TH STREET - STUDIO / 1 BATHStudio,1BA$2,600
516 East 5th Street516 EAST 5TH STREET - 2 ROOM STUDIO / 1 BATHStudio,1BA$2,630
315 E 58th StStudioStudio,1BA$2,850
221 2nd AvenueStudioStudio,1BA$3,000
197 E 4th St1 bed/ 1bath1BR,1BA$3,300
35 E 7th StStudioStudio,1BA$3,300
204 Avenue A4AStudio,1BA$3,950
55-61 Delancey Street55-F Line 2 Bed 1 Bath2BR,1BA$3,980
Niko East Village1 Bedroom / 1 Bathroom1BR,1BA$4,075

Best Value Apartments for Rent in Alphabet City, NY

As of May 14, 2025 the best value apartment in the Alphabet City area is the $5.11 price per square foot 9B - Studio/1BA, Terrace Model at Stella LES in the in the Downtown neighborhood starting from $4,600. The second greatest value Alphabet City apartment is the 3 Bed/1.5 Bath Model at 197 E 4th St starting at $5,900 with a $6.56 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Alphabet City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stella LES9B - Studio/1BA, TerraceStudio ,1BA$5.11
197 E 4th St3 Bed/1.5 Bath3BR,1.5BA$6.56
249 E Houston St, Unit 1249 E Houston St1BR,1BA$6.95
85 E 10th StFlex 2Studio ,1BA$7.25
315 E 58th St1 Bedroom1BR,1BA$4.69
Niko East Village1 Bedroom / 1 Bathroom1BR,1BA$6.08
50 N 5thApt BE & BW1BR,1BA$8.81
250 E Houston1 bed, 1 bath1BR,1BA$8.62
221 2nd Avenue1 Bed1BR,1BA$6.70
218 Avenue A, Unit FL2-ID1237218 Avenue A2BR,1BA$8.02

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Frequently Asked Questions about Alphabet City

What type of rentals are currently available in Alphabet City?

There are currently 1103 Apartments for Rent in Alphabet City, NY with pricing that ranges from $1,925 to $30,000. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alphabet City ranging from $2,635 to $11,500.

What is the current price range for Rental Homes in Alphabet City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alphabet City ranges from $2,635 to $11,500 with an average monthly rent of $5,641.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.