Cheap Homes for Rent in New York, NY from $600 (206 Rentals)

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property at 644 Park Pl

644 Park Pl

BrooklynNY11216

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 20 Clendenny Ave

20 Clendenny Ave

Jersey CityNJ07304
property at 60 New York Ave

60 New York Ave

BrooklynNY11216
property at 3620 Broadway

3620 Broadway

New YorkNY10031
property at 51 Audubon Ave

51 Audubon Ave

Jersey CityNJ07305
property at 211 W 109th St

211 W 109th St

New YorkNY10025
property at 89 Kingston Ave

89 Kingston Ave

BrooklynNY11213
property at 225 W 109th St

225 W 109th St

New YorkNY10025
property at 89 Kingston Ave

89 Kingston Ave

New YorkNY11213
property at 243 W 109th St

243 W 109th St

New YorkNY10025
property at 60 New York Ave

60 New York Ave

New YorkNY11216
property at 542 W 147th St

542 W 147th St

New YorkNY10031
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New York, NY Local Guide

Cheapest Neighborhoods for Apartments in New York, NY

Pricing Updated: 03/23/2025

Current apartment rentals in the New York, NY area range in price from $800 to $43,910 with an overall median price of $6,848. The three New York neighborhoods with the lowest median rent pricing are Unionport at $2,000, Mapleton at $2,499, and Port Morris at $1,600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New York Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Unionport$2,300$2,00020
Mapleton$2,600$2,49939
Port Morris$2,695$1,60074
North New York$2,749$1,60087
Emerson Hill$2,800$2,80012
Dongan Hills$2,850$1,87529
Lighthouse Hill$2,875$2,29560
New Springville$2,875$2,8759
Richmond Town$2,887$2,29531
Bay Terrace$2,900$2,90010

Cheapest Available New York Apartments for Rent

 

The cheapest available apartment rental in New York, NY is a 2 Beds unit found at Ventnor Flatz in the Prospect Park neighborhood priced from $830. Park Lane at Sea View in the Westerleigh neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $967. Here is today’s list of the most affordable New York apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$830
Park Lane at Sea ViewOne Bedroom B1BR,1BA$967
Maple Tree Manor (62+ Community)1 Bedroom1BR,1BA$1,014
Senior Horizon1 Bedroom 1 Bathroom1BR,1BA$1,141

Best Value Apartments for Rent in New York, NY

As of March 23, 2025 the best value apartment in the New York area is the $0.29 price per square foot 1431 37th St Model at 1431 37th St, Unit 1 in the in the Union Hill neighborhood starting from $2,900. The second greatest value New York apartment is the 1523 E 29th St Model at 1523 E 29th St, Unit Furnished apartment starting at $3,650 with a $1.04 price per square foot in the Manhattan Terrace neighborhood. Here is today’s list of the best values for New York apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1431 37th St, Unit 11431 37th St2BR,2BA$0.29
1523 E 29th St, Unit Furnished apartment1523 E 29th St3BR,1BA$1.04
5614 Avenue N, Unit 2nd Floor5614 Avenue N3BR,1BA$1.10
544 Mercer St, Unit 1544 Mercer StStudio ,1BA$0.60
708 Broadway, Unit 3708 Broadway2BR,1BA$1.10
1014 E 82nd St, Unit Apt#B-11014 E 82nd St1BR,1BA$1.12
4 Rose Ave, Unit 2 R4 Rose Ave1BR,1BA$1.32
678 Communipaw Ave678 Communipaw AveStudio ,1BA$1.00
138 9th St138 9th St1BR,1BA$1.17
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$0.98

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Frequently Asked Questions about New York

What type of rentals are currently available in New York?

There are currently 76360 Apartments for Rent in New York, NY with pricing that ranges from $735 to $43,980. There are also 3315 Single Family Homes for rent, Condos, and Townhome rentals currently available in New York ranging from $600 to $80,000.

What is the current price range for Rental Homes in New York?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New York ranges from $600 to $80,000 with an average monthly rent of $7,108.

How much are larger Three and Four Bedroom Rentals in New York?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New York range from $1,100 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $45,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,060.

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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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.

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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.