Cheap Apartments for Rent in the Governors Island Neighborhood of New York, NY from $1,000 (41 Rentals)

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

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116 John St
Studio to 2 Bedroom Apartments

116 John St

1 Platt StNew York, NY 10038
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111 Mott St
1 Bedroom Apartments

111 Mott St

111 Mott StNew York, NY 10013
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Post Towers
Studio to 3 Bedroom Apartments

Post Towers

71 West StNew York, NY 10006
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111 Mulberry St
Studio to 1 Bedroom Apartments

111 Mulberry St

111 Mulberry StNew York, NY 10013
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28 Allen St
Studio to 1 Bedroom Apartments

28 Allen St

28 Allen StNew York, NY 10002
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67 Mott St
1 Bedroom Apartments

67 Mott St

67 Mott StNew York, NY 10013
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19 Orchard St
1 to 3 Bedroom Apartments

19 Orchard St

19 Orchard StNew York, NY 10002
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126 E Broadway
1 Bedroom Apartments

126 E Broadway

126 E BroadwayNew York, NY 10002
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88 Fulton St
1 Bedroom Apartments

88 Fulton St

88 Fulton StNew York, NY 10038
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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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191 Henry
1 Bedroom Apartments

191 Henry

191 Henry StNew York, NY 10002
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28 Orchard St
Studio to 2 Bedroom Apartments

28 Orchard St

28 Orchard StNew York, NY 10002
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78-80 Mulberry St
1 Bedroom Apartments

78-80 Mulberry St

78-80 Mulberry StNew York, NY 10013
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37 Wall Street
Studio Apartments

37 Wall Street

37 Wall StNew York, NY 10005
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72 Forsyth St
1 to 2 Bedroom Apartments

72 Forsyth St

72 Forsyth StNew York, NY 10002
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90 Sands
Studio to 1 Bedroom Apartments

90 Sands

90 Sands StBrooklyn, NY 11201
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109 Joralemon St
Studio Apartments

109 Joralemon St

109 Joralemon StBrooklyn, NY 11201
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288 Clinton St
1 Bedroom Apartments

288 Clinton St

288 Clinton StBrooklyn, NY 11201
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323 Pine
1 Bedroom Apartments

323 Pine

323-325 Pine StJersey City, NJ 07304
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Brooklyn Heights
Studio to 1 Bedroom Apartments

Brooklyn Heights

138 Joralemon StBrooklyn, NY 11201
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75  Pineapple St
Studio Apartments

75 Pineapple St

75 Pineapple StBrooklyn, NY 11201
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537 Clinton St
1 Bedroom Apartments

537 Clinton St

537 Clinton StBrooklyn, NY 11231
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430 13th St
Studio to 3 Bedroom Apartments

430 13th St

430 13th StBrooklyn, NY 11215
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269 Henry St
Studio Apartments

269 Henry St

269 Henry StBrooklyn, NY 11201
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Andy's Place
1 Bedroom Apartments

Andy's Place

215 20th StBrooklyn, NY 11232
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52 Clark St.
Studio Apartments

52 Clark St.

52 Clark StBrooklyn, NY 11201
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193 Sackett St
1 to 2 Bedroom Apartments

193 Sackett St

193 Sackett StBrooklyn, NY 11231
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411 17th Street
1 Bedroom Apartments

411 17th Street

411 17th StBrooklyn, NY 11215
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80 Cranberry St
Studio to 1 Bedroom Apartments

80 Cranberry St

80 Cranberry StBrooklyn, NY 11201
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The Ashton
1 to 2 Bedroom Apartments

The Ashton

2 Ash StJersey City, NJ 07304

Governors Island, New York, NY Local Guide

Cheapest Available Governors Island Apartments for Rent

 

The cheapest available apartment rental in the Governors Island area of New York, NY is a 1 Bed unit found at 295J priced from $2,630. Lenox has the second lowest priced unit, which is a Studio apartment currently listed from $2,963. Here are the most affordable Governors Island apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
295J1 Bedroom B1BR,1BA$2,630
LenoxS4Studio,1BA$2,963
225 GrandStudioStudio,1BA$2,996
The BrooklynerStudio B Line floors 5-50Studio,1BA$3,105
18 ParkStudioStudio,1BA$3,151

Best Value Apartments for Rent in Governors Island, NY

As of March 27, 2025 the best value apartment in the Governors Island area is the $3.39 price per square foot 517 Grand St Model at 517 Grand St, Unit 1st Floor Duplex in the in the Downtown neighborhood starting from $4,750. The second greatest value Governors Island apartment is the 170 14th St Model at 170 14th St, Unit Park Slope starting at $3,868 with a $2.98 price per square foot in the Park Slope neighborhood. Here is today’s list of the best values for Governors Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
517 Grand St, Unit 1st Floor Duplex517 Grand St4BR,2BA$3.39
170 14th St, Unit Park Slope170 14th St4BR,1BA$2.98
62 Sussex St, Unit #362 Sussex St2BR,1BA$3.89
177 YORK St, Unit 2177 YORK St2BR,1BA$3.03
354 Butler St354 Butler St1BR,1BA$2.11
138 9th St138 9th St1BR,1BA$1.17
331 16th St, Unit Apt 3331 16th St3BR,1BA$4.09
450 GRAND St, Unit 3450 GRAND St1BR,1BA$2.53
295J1 Bedroom B1BR,1BA$4.14
270 Marin Blvd, Unit 6F270 Marin Blvd1BR,1BA$4.33

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Pet Friendly Lifestyle
Governors Island, New York, NY

Ranked #10

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 Governors Island Neighborhood in New York, NY

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

63 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Governors Island Apartments

What is a cheap apartment in Governors Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Governors Island is under $3,151.

What is the price of a cheap apartment in Governors Island?

The cheapest apartment in Governors Island is 295J which is listed at $2,630, while the average apartment in Governors Island costs $7,850.

What types of apartments are the cheapest in Governors Island?

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 22 regular apartments in Governors Island 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 Governors Island?

Cheap apartments in Governors Island have an average cost of $421 which is $7,429 cheaper than the average rent for all rentals in Governors Island.

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.

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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.

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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

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.