Cheap Apartments for Rent in the Central Park Neighborhood of New York, NY from $1,000 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Park area of New York.

James Lenox House- 55 and Over- NYC Residents
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

225 East 85th Street- 1 Month Free
Central Park, New York, NY Local Guide

How much does it cost to rent an apartment in Central Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Park Studio Apartments | $3,973 | $2,400 | $10,000+ |
Central Park 1 Bedroom Apartments | $4,349 | $2,416 | $7,160 |
Central Park 2 Bedroom Apartments | $6,130 | $3,000 | $10,000+ |
Central Park 3 Bedroom Apartments | $7,579 | $4,500 | $10,000+ |
Central Park 4 Bedroom Apartments | $18,930 | $10,000 | $10,000+ |
Central Park 5 Bedroom Apartments | $10,575 | $7,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Central Park Neighborhood of New York, NY.
See all Apartments in New YorkExplore New York
Central Park, New York, NY Local Guide
- Nearby New York neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Central Park Apartments for Rent
 The cheapest available apartment rental in the Central Park area of New York, NY is a 1 Bed unit found at Riello Edgewater priced from $2,416. The Grand has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,447. Here are the most affordable Central Park apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riello Edgewater | 1B1B F4 | 1BR,1BA | $2,416 |
The Grand | A01 | 1BR,1BA | $2,447 |
175 West 87th Street | Studio | Studio,1BA | $2,550 |
Halletts Point | 10 HLP - Studio/1 Bath | Studio,1BA | $2,761 |
1567 2nd Ave | 1 Bed, 1 bath | 1BR,1BA | $2,800 |
152 E 84th St | Studio | Studio,1BA | $2,800 |
The Greystone | Studio / 1 Bathroom | Studio,1BA | $3,050 |
The Reserve | 2 Bed 1 Bath F | 2BR,1BA | $3,091 |
Best Value Apartments for Rent in Central Park, NY
As of March 29, 2025 the best value apartment in the Central Park area is the $5.78 price per square foot 1-2 Bed Flex Model at 17 E 76th St in the in the Upper East Side neighborhood starting from $14,900. The second greatest value Central Park apartment is the 36 E 73rd St Model at 36 E 73rd St, Unit 2A starting at $7,900 with a $5.27 price per square foot in the Upper East Side neighborhood. Here is today’s list of the best values for Central Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
17 E 76th St | 1-2 Bed Flex | Studio ,1.5BA | $5.78 |
36 E 73rd St, Unit 2A | 36 E 73rd St | 3BR,2.5BA | $5.27 |
The Oyster | Belon | 2BR,2BA | $4.94 |
River Club Apartments | Landmark | 2BR,2.5BA | $3.37 |
Riello Edgewater | 1 Bed 1 Bath - LUC | 1BR,1BA | $3.79 |
62 W 106th St | 3 Bed 2 Bath | 3BR,2BA | $6.25 |
450 E 78th St, Unit 4H | 450 E 78th St | 2BR,1BA | $4.90 |
1406 2nd Ave, Unit 3A | 1406 2nd Ave | 2BR,1BA | $5.07 |
The Grand | A02 | 1BR,1BA | $3.52 |
231 E 76th St, Unit FL2-ID1530 | 231 E 76th St | 1BR,1BA | $6.20 |
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.
Pet Friendly LifestyleCentral Park, New York, NY
Ranked #97
Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Central Park Neighborhood in New York, NY
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
72 / 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 Central Park Apartments
What is a cheap apartment in Central Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Park is under $3,091.
What is the price of a cheap apartment in Central Park?
The cheapest apartment in Central Park is Riello Edgewater which is listed at $2,416, while the average apartment in Central Park costs $18,930.
What types of apartments are the cheapest in Central Park?
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 3 regular apartments in Central Park 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 Central Park?
Cheap apartments in Central Park have an average cost of $1,927 which is $17,003 cheaper than the average rent for all rentals in Central Park.
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.

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.

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.