Cheap Homes for Rent in Chelsea Neighborhood of New York, NY from $1,400 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

property at 336 W 47th St

336 W 47th St

New YorkNY10036
property at 650 Ninth Ave

650 Ninth Ave

New YorkNY10036
property at 356 W 39th St

356 W 39th St

New YorkNY10018
property at 400 W 20th St

400 W 20th St

New YorkNY10011
property at 325 W 45th St

325 W 45th St

New YorkNY10036
property at 315 7th Ave

315 7th Ave

New YorkNY10001

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

property at 324 W 47th St

324 W 47th St

New YorkNY10036

Chelsea, New York, NY Local Guide

Cheapest Available Chelsea Apartments for Rent

 

The cheapest available apartment rental in the Chelsea area of New York, NY is a Studio unit found at The Hazel Jersey City priced from $2,444. Newport Rentals has the second lowest priced unit, which is a Studio apartment currently listed from $2,717. Here are the most affordable Chelsea apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The Hazel Jersey CityS2Studio,1BA$2,444
Newport RentalsPARKSIDE EAST - Studio One BathroomStudio,1BA$2,717
305 W 45th St1 BEDROOM1BR,1BA$2,800
420 W 42nd StStudioStudio,1BA$3,200
308 W 18th St1 Bedroom / 1 Bathroom1BR,1BA$3,200

Best Value Apartments for Rent in Chelsea, NY

As of March 22, 2025 the best value apartment in the Chelsea area is the $6.08 price per square foot B3 Model at Hoboken Point in the in the Chelsea neighborhood starting from $6,975. The second greatest value Chelsea apartment is the 2 Bed/2 Bath-13 Model at Cast Iron Lofts starting at $5,166 with a $4.55 price per square foot in the Chelsea neighborhood. Here is today’s list of the best values for Chelsea apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hoboken PointB32BR,2BA$6.08
Cast Iron Lofts2 Bed/2 Bath-132BR,2BA$4.55
The LexingtonThe Standard2BR,2BA$4.62
576 9th Ave, Unit 11F576 9th Ave2BR,1BA$5.03
One GroveA11BR,1BA$5.93
The DevanStudio GStudio ,1BA$5.30
FOUND Study Chelsea- Student/InternPrivate Room in 2B1B Apartment2BR,1BA$6.67
The Hazel Jersey CityS5BStudio ,1BA$4.80
The HendrixStudioStudio ,1BA$6.50
305 W 45th StStudio, 1 bathStudio ,1BA$6.00

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Chelsea

What type of rentals are currently available in Chelsea?

There are currently 2065 Apartments for Rent in Chelsea, NY with pricing that ranges from $1,725 to $21,450. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chelsea ranging from $1,400 to $15,500.

What is the current price range for Rental Homes in Chelsea?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chelsea ranges from $1,400 to $15,500 with an average monthly rent of $4,759.

How much are larger Three and Four Bedroom Rentals in Chelsea?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chelsea range from $4,500 to $21,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $5,000.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in New York City article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.