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Cheap Apartments for Rent in the Madison Square Neighborhood of New York, NY from $3,400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Square area of New York.
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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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Showing Results 1-41, Page 1 of 1
Madison Square, New York, NY Local Guide
How much does it cost to rent an apartment in Madison Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Square Studio Apartments | $4,633 | $4,075 | $6,210 |
| Madison Square 1 Bedroom Apartments | $4,975 | $4,200 | $5,750 |
| Madison Square 2 Bedroom Apartments | $4,900 | $3,450 | $6,350 |
| Madison Square 4 Bedroom Apartments | $6,995 | $6,995 | $6,995 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Madison Square Neighborhood of New York, NY.
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Madison Square, New York, NY Local Guide
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Cheapest Available Madison Square Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chelsea Landmark | S4S06 - Res 7L-34L | 4S-6S | Studio,1BA | $5,250 |
| Echelon Chelsea | A01 | 1BR,1BA | $6,278 |
Best Value Apartments for Rent in Madison Square, NY
As of April 16, 2025 the best value apartment in the Madison Square area is the $9.05 price per square foot A01 Model at Echelon Chelsea in the in the Gramercy-Flatiron neighborhood starting from $6,278. The second greatest value Madison Square apartment is the S4S06 - Res 7L-34L | 4S-6S Model at Chelsea Landmark starting at $5,250 with a $10.87 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Madison Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Echelon Chelsea | A01 | 1BR,1BA | $9.05 |
| Chelsea Landmark | S4S06 - Res 7L-34L | 4S-6S | Studio ,1BA | $10.87 |
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Pet Friendly Lifestyle
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Frequently Asked Questions about Cheap Madison Square Apartments
What is the Cheapest Studio apartment in Madison Square?
Currently the most affordable Cheap Studio Apartment in Madison Square is at Chelsea Landmark listed at $5,250.
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.
Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.