
Cheap Apartments for Rent in the Koreatown Neighborhood of New York, NY from $500 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Koreatown area of New York.


336 W 47th St

336 W 47th St

148 W 70th St

304 W 30th St

Private bedroom in 3 bed/1 bath Home

Private bedroom in 3 bed/1 bath Home

310 W 20th St

336 W 47th St

Private bedroom in 3 bed/1 bath Home
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

Private bedroom in 3 bed/1 bath Home

Private bedroom in 3 bed/1 bath Home

James Lenox House- 55 and Over- NYC Residents
Koreatown, New York, NY Local Guide

How much does it cost to rent an apartment in Koreatown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Koreatown Studio Apartments | $4,294 | $1,375 | $10,000+ |
Koreatown 1 Bedroom Apartments | $5,024 | $1,875 | $10,000+ |
Koreatown 2 Bedroom Apartments | $6,605 | $2,050 | $10,000+ |
Koreatown 3 Bedroom Apartments | $8,206 | $1,700 | $10,000+ |
Koreatown 4 Bedroom Apartments | $12,090 | $1,550 | $10,000+ |
Koreatown 5 Bedroom Apartments | $11,549 | $1,625 | $10,000+ |
Koreatown 6 Bedroom Apartments | $29,725 | $9,450 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Koreatown Neighborhood of New York, NY.
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Koreatown, New York, NY Local Guide
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Cheapest Available Koreatown Apartments for Rent
 The cheapest available apartment rental in the Koreatown area of New York, NY is a Studio unit found at 518 East 5th Street priced from $2,550. 516 East 5th Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,630. Here are the most affordable Koreatown apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
518 East 5th Street | 518 EAST 5TH STREET - 2 ROOM STUDIO / 1 BATH | Studio,1BA | $2,550 |
516 East 5th Street | 516 EAST 5TH STREET - 2 ROOM STUDIO / 1 BATH | Studio,1BA | $2,630 |
514 East 5th Street | 514 EAST 5TH STREET - 2 ROOM STUDIO / 1 BATH | Studio,1BA | $2,630 |
112 East 7th Street | 112 EAST 7TH STREET - LOFT STUDIO / 1 BATH | Studio,1BA | $2,650 |
One23 | 1 Bedroom 1 Bath - 825 | 1BR,1BA | $2,680 |
206 East 70th Street | 206 EAST 70TH STREET - LOFT STUDIO / 1 BATH | Studio,1BA | $2,725 |
620 East 11th Street | 620 EAST 11TH STREET - 2 ROOM STUDIO / 1 BATH | Studio,1BA | $2,725 |
1567 2nd Ave | 1 Bed, 1 bath | 1BR,1BA | $2,800 |
The Dryden East | Studio / 1 Bathroom | Studio,1BA | $2,850 |
Best Value Apartments for Rent in Koreatown, NY
As of April 13, 2025 the best value apartment in the Koreatown area is the $3.68 price per square foot 182 Lexington Ave Model at 182 Lexington Ave, Unit 1 in the in the Gramercy-Flatiron neighborhood starting from $7,350. The second greatest value Koreatown apartment is the 2 Bedroom 2 Bath - 1042 Model at One23 starting at $3,400 with a $3.26 price per square foot in the Union Hill neighborhood. Here is today’s list of the best values for Koreatown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
182 Lexington Ave, Unit 1 | 182 Lexington Ave | 4BR,2BA | $3.68 |
One23 | 2 Bedroom 2 Bath - 1042 | 2BR,2BA | $3.26 |
Hamilton Weehawken Residences: Where Luxury Meets | 2BR/2.0BA | 2BR,2BA | $3.37 |
RiversEdge | A9 | 1BR,1BA | $4.08 |
RiverParc | A1 | 1BR,1BA | $4.13 |
450 E 78th St, Unit 4H | 450 E 78th St | 2BR,1BA | $4.90 |
Harbor 1500 | A01S | 1BR,1BA | $5.03 |
251 E 61st St, Unit 6A | 251 E 61st St | 1BR,1BA | $4.28 |
32 East 7th Street | 32 EAST 7TH STREET - 1 BR / 1 BATH | 1BR,1BA | $4.46 |
133 37th St, Unit 2 | 133 37th St | 1BR,1BA | $3.54 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleKoreatown, New York, NY
Ranked #115
Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Koreatown, New York, NY
Ballet Tech Nyc Ps For Dance
School data provided by Great Schools
Getting Around the Koreatown Neighborhood in New York, NY
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Koreatown Apartments
What is the Cheapest Studio apartment in Koreatown?
Currently the most affordable Cheap Studio Apartment in Koreatown is at 518 East 5th Street listed at $2,550.
How much is rent for a Cheap One Bedroom Koreatown Apartment?
The lowest price for a Cheap One Bedroom Koreatown Apartment is $2,680 at One23.
What is the lowest price for a Cheap Two Bedroom Koreatown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Koreatown is starting from $2,925 at 34 East 7th Street.
What is the most affordable Koreatown Three Bedroom Apartment?
The best deal on a cheap Koreatown Three Bedroom Apartment rental is at 207 East 37th Street and starts from $4,800.
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.

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.

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.