Cheap Homes for Rent in Governors Island Neighborhood of New York, NY from $2,200 (47 Rentals)

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Search the lowest-cost Homes available for rent right now in the Governors Island 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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property at 270 Marin Blvd

270 Marin Blvd

Jersey CityNJ07302
property at 72 Orchard St

72 Orchard St

New YorkNY10002
property at 102 Fulton St

102 Fulton St

New YorkNY10038
property at 80 John St

80 John St

New YorkNY10038
property at 1 Wall St

1 Wall St

New YorkNY10005
property at 478 Pacific Ave

478 Pacific Ave

Jersey CityNJ07304
property at 439 Hicks St

439 Hicks St

BrooklynNY11201
property at 20 West St

20 West St

New YorkNY10004
property at 500 4th Ave

500 4th Ave

BrooklynNY11215
property at 1 Clinton St

1 Clinton St

BrooklynNY11201
property at 66 Pearl St

66 Pearl St

New YorkNY10004
property at 80 Maiden Ln

80 Maiden Ln

New YorkNY10038
property at 20 William St

20 William St

New YorkNY10005
property at 25 Broad St

25 Broad St

New YorkNY10004
Showing Results 1-47, Page 1 of 1

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 Studio unit found at The Montgomery priced from $2,332. 295J has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,831. Here are the most affordable Governors Island apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The MontgomeryAStudio,1BA$2,332
295J1 Bedroom B1BR,1BA$2,831
225 GrandStudioStudio,1BA$2,904
LenoxS4Studio,1BA$2,963
The AddisonStudio 1 bathStudio,1BA$3,071
QuinnS1AStudio,1BA$3,086

Best Value Apartments for Rent in Governors Island, NY

As of April 09, 2025 the best value apartment in the Governors Island area is the $4.83 price per square foot 2 Bed 2 Bath Market Model at 7 Dekalb in the in the Prospect Heights neighborhood starting from $5,310. The second greatest value Governors Island apartment is the 177 YORK St Model at 177 YORK St, Unit 2 starting at $2,725 with a $3.03 price per square foot in the Pavonia 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.
7 Dekalb2 Bed 2 Bath Market2BR,2BA$4.83
177 YORK St, Unit 2177 YORK St2BR,1BA$3.03
62 Sussex St, Unit #362 Sussex St2BR,1BA$3.89
354 Butler St, Unit New354 Butler StStudio ,1BA$2.11
The Gotham1 Bed 1 Bath J1BR,1BA$4.64
450 GRAND St, Unit 3450 GRAND St1BR,1BA$2.53
AtlasA41BR,1BA$4.79
225 GrandStudioStudio ,1BA$4.45
295J1 Bedroom B1BR,1BA$4.45
270 Marin Blvd, Unit 6F270 Marin Blvd1BR,1BA$4.33

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Frequently Asked Questions about Governors Island

What type of rentals are currently available in Governors Island?

There are currently 4657 Apartments for Rent in Governors Island, NY with pricing that ranges from $1,200 to $29,995. There are also 283 Single Family Homes for rent, Condos, and Townhome rentals currently available in Governors Island ranging from $2,200 to $19,500.

What is the current price range for Rental Homes in Governors Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Governors Island ranges from $2,200 to $19,500 with an average monthly rent of $6,074.

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.

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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.