Cheap Apartments for Rent in the Central Park Neighborhood of New York, NY from $1,000 (104 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Park area of New York.

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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Central Park, New York, NY Local Guide

Cheapest Available Central Park Apartments for Rent

 

The cheapest available apartment rental in the Central Park area of New York, NY is a 4 Beds unit found at The Reserve priced from $1,860. The Grand has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,539. Here are the most affordable Central Park apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The Reserve4 Bed 2 Bath - D4BR,2BA$1,860
The GrandA021BR,1BA$2,539
175 West 87th StreetStudioStudio,1BA$2,550
1567 2nd Ave1 Bed, 1 bath1BR,1BA$2,800
152 E 84th StStudioStudio,1BA$2,800
River Club ApartmentsCarteret1BR,1BA$2,839
The GreystoneStudio / 1 BathroomStudio,1BA$3,010
The Declan1 Bed/1 Bath-A9M31BR,1BA$3,315

Best Value Apartments for Rent in Central Park, NY

As of April 13, 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 Belon Model at The Oyster starting at $6,000 with a $4.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
17 E 76th St1-2 Bed FlexStudio ,1.5BA$5.78
The OysterBelon2BR,2BA$4.94
The Reserve4 Bed 2 Bath - H4BR,2BA$1.85
166 East 88th Street2 Bed / 2 Bath2BR,2BA$5.90
River Club ApartmentsCarteret1BR,1.5BA$3.55
450 E 78th St, Unit 4H450 E 78th St2BR,1BA$4.90
Estuary1-A21BR,1BA$5.03
1406 2nd Ave, Unit 3A1406 2nd Ave2BR,1BA$5.07
1390 1/2 2nd Ave, Unit 2A1390 1/2 2nd Ave1BR,1BA$6.13
The GrandA011BR,1BA$3.74

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Pet Friendly Lifestyle
Central Park, New York, NY

Ranked #99

Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $3,315.

What is the price of a cheap apartment in Central Park?

The cheapest apartment in Central Park is The Grand which is listed at $2,539, while the average apartment in Central Park costs $31,000.

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 1 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 $625 which is $30,375 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.

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The 10 Best Affordable Neighborhoods for Renting in New York City

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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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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.