3306 106th St
QueensNY11368
Cheap Apartments for Rent in New York, NY from $300 with Swimming Pool (6 Rentals)
Search the lowest-cost Apartments available for rent right now in New York.
1731 Brookhaven Ave
QueensNY11691
56-27 Clearview Expy
QueensNY11364
2190 Fulton St
BrooklynNY11233
379 Grand Central Pl
InwoodNY11096
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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
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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 | $3,276 | $890 | $10,000+ |
| New York 1 Bedroom Apartments | $3,444 | $735 | $10,000+ |
| New York 2 Bedroom Apartments | $4,197 | $1,188 | $10,000+ |
| New York 3 Bedroom Apartments | $4,356 | $1,210 | $10,000+ |
| New York 4 Bedroom Apartments | $6,014 | $960 | $10,000+ |
| New York 5 Bedroom Apartments | $6,931 | $1,050 | $10,000+ |
| New York 6 Bedroom Apartments | $7,058 | $1,030 | $10,000+ |
| New York 7 Bedroom Apartments | $27,520 | $10,000 | $10,000+ |
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New York, NY Local Guide
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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 $1,229.
What is the price of a cheap apartment in New York?
The cheapest apartment in New York is Maple Tree Manor (62+ Community) which is listed at $1,014, while the average apartment in New York costs $7,210.
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 722 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 $782 which is $6,428 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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.