243 E Broadway
New YorkNY10002
Cheap Homes for Rent in Governors Island Neighborhood of New York, NY from $1,300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Governors Island area of New York.
414 4th Ave
New YorkNY11215
7 Eldridge St
New YorkNY10002
295 York St
Jersey CityNJ07302
174 Canal St
New YorkNY10013
270 Marin Blvd
Jersey CityNJ07302
90 William St
New YorkNY10038
85 Livingston St
BrooklynNY11201
201 Marin Blvd
Jersey CityNJ07302
100 Montgomery St
Jersey CityNJ07302
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
204 Washington St
Jersey CityNJ07302
73 Monroe St
New YorkNY10002
376 Columbia St
BrooklynNY11231
130 Water St
New YorkNY10005
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Governors Island, New York, NY Local Guide
How much does it cost to rent a home in Governors Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Governors Island 2 Bedroom Homes for Rent | $6,735 | $2,800 | $10,000+ |
| Governors Island 3 Bedroom Homes for Rent | $6,464 | $1,300 | $10,000+ |
| Governors Island 4 Bedroom Homes for Rent | $12,673 | $7,500 | $10,000+ |
| Governors Island 5 Bedroom Homes for Rent | $11,500 | $10,000 | $10,000+ |
| Governors Island 6 Bedroom Homes for Rent | $21,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Governors Island Neighborhood of New York, NY.
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Governors Island, New York, NY Local Guide
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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. 235 Grand has the second lowest priced unit, which is a Studio apartment currently listed from $2,934. Here are the most affordable Governors Island apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 295J | 1 Bedroom B | 1BR,1BA | $2,630 |
| 235 Grand | Studio | Studio,1BA | $2,934 |
| Lenox | S4 | Studio,1BA | $2,963 |
| 225 Grand | Studio | Studio,1BA | $3,020 |
| 18 Park | Studio | Studio,1BA | $3,151 |
Best Value Apartments for Rent in Governors Island, NY
As of March 22, 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 $3,800 with a $3.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 517 Grand St, Unit 1st Floor Duplex | 517 Grand St | 4BR,2BA | $3.39 |
| 170 14th St, Unit Park Slope | 170 14th St | 3BR,1BA | $3.17 |
| 62 Sussex St, Unit #3 | 62 Sussex St | 2BR,1BA | $4.06 |
| 177 YORK St, Unit 2 | 177 YORK St | 2BR,1BA | $3.03 |
| 354 Butler St | 354 Butler St | 1BR,1BA | $2.11 |
| 138 9th St | 138 9th St | 1BR,1BA | $1.17 |
| 331 16th St, Unit Apt 3 | 331 16th St | 3BR,1BA | $4.09 |
| 450 GRAND St, Unit 3 | 450 GRAND St | 1BR,1BA | $2.53 |
| 295J | 1 Bedroom B | 1BR,1BA | $4.14 |
| 270 Marin Blvd, Unit 6F | 270 Marin Blvd | 1BR,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 4756 Apartments for Rent in Governors Island, NY with pricing that ranges from $1,200 to $29,951. There are also 203 Single Family Homes for rent, Condos, and Townhome rentals currently available in Governors Island ranging from $1,300 to $75,000.
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 $1,300 to $75,000 with an average monthly rent of $9,724.
How much are larger Three and Four Bedroom Rentals in Governors Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Governors Island range from $3,295 to $12,853, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $19,500. Four Bedroom Single-Family rentals are also available starting from $7,500 and Four Bedroom Apartments start at $1,200.
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.
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.
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.