
Cheap Apartments for Rent in the Midtown East Neighborhood of New York, NY from $1,500 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown East area of New York.


130 E 36th St

401 E 57 St
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
Midtown East, New York, NY Local Guide

How much does it cost to rent an apartment in Midtown East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown East Studio Apartments | $3,804 | $2,206 | $8,862 |
Midtown East 1 Bedroom Apartments | $4,684 | $2,307 | $10,000+ |
Midtown East 2 Bedroom Apartments | $5,588 | $1,825 | $10,000+ |
Midtown East 3 Bedroom Apartments | $7,079 | $3,800 | $10,000+ |
Midtown East 4 Bedroom Apartments | $6,209 | $2,200 | $9,350 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 2 mile radius of the Midtown East Neighborhood of New York, NY.
See all Apartments in New YorkExplore New York
Midtown East, New York, NY Local Guide
- Nearby New York neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Midtown East Apartments for Rent
 The cheapest available apartment rental in the Midtown East area of New York, NY is a Studio unit found at 57 Eleven Kennedy priced from $2,000. 2-21 Malt Drive Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,490. Here are the most affordable Midtown East apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
57 Eleven Kennedy | Studio | Studio,1BA | $2,000 |
2-21 Malt Drive Apartments | Lottery Studio | Studio,1BA | $2,490 |
Halletts Point | 10 HLP - Studio/1 Bath | Studio,1BA | $2,761 |
315 E 58th St | Studio | Studio,1BA | $2,850 |
The Dryden East | Studio / 1 Bathroom | Studio,1BA | $2,895 |
Best Value Apartments for Rent in Midtown East, NY
As of March 03, 2025 the best value apartment in the Midtown East area is the $5.18 price per square foot 323 E 51st St Model at 323 E 51st St, Unit 3F in the in the Midtown neighborhood starting from $7,200. The second greatest value Midtown East apartment is the 2x1 Model at 57 Eleven Kennedy starting at $3,900 with a $3.23 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Midtown East apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
323 E 51st St, Unit 3F | 323 E 51st St | 4BR,2BA | $5.18 |
57 Eleven Kennedy | 2x1 | 2BR,1BA | $3.23 |
315 E 52nd St, Unit 2A | 315 E 52nd St | 3BR,2BA | $5.21 |
The Declan | 2 Bed/2 Bath-B2 | 2BR,2BA | $5.31 |
Embassy House | 3BR /1.5BA | 3BR,1.5BA | $5.50 |
Regency Towers | Jr 4 / 1.5 Bathroom | 2BR,1.5BA | $5.40 |
150 E 57th St, Unit FL23-ID516 | 150 E 57th St | 2BR,2BA | $5.19 |
Symphony House | Symphony House Residence – R (Alcove Studio) | 1BR,1BA | $4.62 |
345 E 61st St, Unit 2C | 345 E 61st St | Studio ,1BA | $4.44 |
2-21 Malt Drive Apartments | Lottery Studio | Studio ,1BA | $4.98 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMidtown East, New York, NY
Ranked #87
Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Midtown East, New York, NY
Ella Baker School
School data provided by Great Schools
Best Local Schools in Midtown East, New York, NY
Ella Baker School
School data provided by Great Schools
Frequently Asked Questions about Cheap Midtown East Apartments
What is the Cheapest Studio apartment in Midtown East?
Currently the most affordable Cheap Studio Apartment in Midtown East is at 57 Eleven Kennedy listed at $2,000.
How much is rent for a Cheap One Bedroom Midtown East Apartment?
The lowest price for a Cheap One Bedroom Midtown East Apartment is $2,307 at 57 Eleven Kennedy.
What is the lowest price for a Cheap Two Bedroom Midtown East Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown East is starting from $2,914 at 57 Eleven Kennedy.
What is the most affordable Midtown East Three Bedroom Apartment?
The best deal on a cheap Midtown East Three Bedroom Apartment rental is at 315 E 58th St and starts from $5,000.
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.