Cheap Homes for Rent in Koreatown Neighborhood of New York, NY from $1,900 (107 Rentals)

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Search the lowest-cost Homes available for rent right now in the Koreatown area of New York.

property at 304 W 30th St

304 W 30th St

New YorkNY10001
property at 148 W 70th St

148 W 70th St

New YorkNY10023
property at 310 W 20th St

310 W 20th St

New YorkNY10011

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 304 W 30th St

304 W 30th St

New YorkNY10001
property at 3111 Heath Ave

3111 Heath Ave

BronxNY10463
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Koreatown, New York, NY Local Guide

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 ListingModel NameBed/BathPriced From
518 East 5th Street518 EAST 5TH STREET - 2 ROOM STUDIO / 1 BATHStudio,1BA$2,550
516 East 5th Street516 EAST 5TH STREET - 2 ROOM STUDIO / 1 BATHStudio,1BA$2,630
514 East 5th Street514 EAST 5TH STREET - 2 ROOM STUDIO / 1 BATHStudio,1BA$2,630
112 East 7th Street112 EAST 7TH STREET - LOFT STUDIO / 1 BATHStudio,1BA$2,650
One231 Bedroom 1 Bath - 825 1BR,1BA$2,680
206 East 70th Street206 EAST 70TH STREET - LOFT STUDIO / 1 BATHStudio,1BA$2,725
620 East 11th Street620 EAST 11TH STREET - 2 ROOM STUDIO / 1 BATHStudio,1BA$2,725
1567 2nd Ave1 Bed, 1 bath1BR,1BA$2,800
The Dryden EastStudio / 1 BathroomStudio,1BA$2,850

Best Value Apartments for Rent in Koreatown, NY

As of April 12, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
182 Lexington Ave, Unit 1182 Lexington Ave4BR,2BA$3.68
One232 Bedroom 2 Bath - 1042 2BR,2BA$3.26
Hamilton Weehawken Residences: Where Luxury Meets2BR/2.0BA2BR,2BA$3.37
RiversEdgeA91BR,1BA$4.08
RiverParcA11BR,1BA$4.13
450 E 78th St, Unit 4H450 E 78th St2BR,1BA$4.90
Harbor 1500A01S1BR,1BA$5.03
251 E 61st St, Unit 6A251 E 61st St1BR,1BA$4.28
32 East 7th Street32 EAST 7TH STREET - 1 BR / 1 BATH1BR,1BA$4.46
133 37th St, Unit 2133 37th St1BR,1BA$3.54

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Frequently Asked Questions about Koreatown

What type of rentals are currently available in Koreatown?

There are currently 12522 Apartments for Rent in Koreatown, NY with pricing that ranges from $1,375 to $80,000. There are also 1082 Single Family Homes for rent, Condos, and Townhome rentals currently available in Koreatown ranging from $1,975 to $60,000.

What is the current price range for Rental Homes in Koreatown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Koreatown ranges from $1,975 to $60,000 with an average monthly rent of $11,146.

How much are larger Three and Four Bedroom Rentals in Koreatown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Koreatown range from $1,725 to $57,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $60,000. Four Bedroom Single-Family rentals are also available starting from $7,495 and Four Bedroom Apartments start at $1,550.

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.