553 W 144th St
New YorkNY10031
Cheap 1 Bedroom Apartments for Rent in New York, NY from $735 (234 Rentals)
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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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from $7351 Bedroom Apartments Contact Us For Availability
The Willows at Glassworks
145 Cliffwood AveCliffwood, NJ 07721
3306 106th St
QueensNY11368
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.
1731 Brookhaven Ave
QueensNY11691
40 E Sidney Ave
Mount VernonNY10550
172-14 Baisley Blvd
QueensNY11434
243-51 Mayda Rd
QueensNY11422
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from $1,0171 Bedroom Apartments Contact Us For Availability
Portside II
136 Pine StElizabeth, NJ 07206
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from $8901 Bedroom Apartments Contact Us For Availability
Kings Plaza
270 King StPerth Amboy, NJ 08861
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from $1,0751 Bedroom Apartments Contact Us For Availability
Bayshore Village (62+)
100 Shoal Harbor CtPort Monmouth, NJ 07758
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111 North Third Ave
111 N 3rd Ave
Mount VernonNY10550
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
1021 JFK Blvd E
WeehawkenNJ07086
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3419 Irwin Ave
BronxNY10463
97-5 191st St
QueensNY11423
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from $1,2291 Bedroom Apartments Available Now
Heritage Village at Elizabeth, 62+ Community
225 2nd StElizabeth, NJ 07206
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from $1,2381 Bedroom Apartments Available Jun 1
Cliffs On Hudson
478 Hudson TerEnglewood Cliffs, NJ 07632
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from $1,2501 Bedroom Apartment Available Now
196 Danforth Ave, Unit Read Descrip
196 Danforth AveJersey City, NJ 07305
77-2-77164 164th St
QueensNY11366
9404 Avenue B
BrooklynNY11236
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
3405 John F. Kennedy Blvd
Jersey CityNJ07307
1041 E 80th St
BrooklynNY11236
28-14 Brookhaven Ave
QueensNY11691
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from $1,3251 Bedroom Apartment Available Now
519 Monroe Ave, Unit elmora
519 Monroe AveElizabeth, NJ 07201
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from $1,3501 Bedroom Apartment Available Now
945 Spofford Ave, Unit liz
945 Spofford AveElizabeth, NJ 07202
478 Hudson Terrace
Englewood CliffsNJ07632
99 Rutgers Ave
Jersey CityNJ07305
625 Ashford St
BrooklynNY11207
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from $1,4001 Bedroom Apartment Available May 16
852 Blake Ave, Unit 3rd floor
852 Blake AveBrooklyn, NY 11207
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from $1,4101 Bedroom Apartments Available Jun 30
Marineview Apartments
44 High StPerth Amboy, NJ 08861
New York, NY Local Guide
How much does it cost to rent an apartment in New York?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New York Studio Apartments | $3,522 | $890 | $10,000+ |
| New York 1 Bedroom Apartments | $3,539 | $735 | $10,000+ |
| New York 2 Bedroom Apartments | $4,430 | $1,188 | $10,000+ |
| New York 3 Bedroom Apartments | $4,731 | $1,050 | $10,000+ |
| New York 4 Bedroom Apartments | $3,910 | $865 | $10,000+ |
| New York 5 Bedroom Apartments | $3,425 | $1,040 | $10,000+ |
| New York 6 Bedroom Apartments | $3,754 | $1,030 | $10,000+ |
| New York 7 Bedroom Apartments | $7,700 | $4,400 | $10,000+ |
Explore New York
New York, NY Local Guide
- New York Neighborhoods
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Quick 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.
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Getting Around New York, NY
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,153.
What is the price of a cheap apartment in New York?
The cheapest apartment in New York is Senior Horizon which is listed at $1,141, while the average apartment in New York costs $5,630.
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 478 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 $647 which is $4,983 cheaper than the average rent for all rentals in New York.
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.
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.
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.
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.
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.