Cheap Homes for Rent in Midtown East Neighborhood of New York, NY from $2,200 (14 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 421 E 50th St

421 E 50th St

New YorkNY10022

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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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property at 1075 1st Ave.

1075 1st Ave.

New YorkNY10022
Showing Results 1-14, Page 1 of 1

Midtown East, New York, NY Local Guide

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. 312 E 51st St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,750. Here are the most affordable Midtown East apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
57 Eleven KennedyStudioStudio,1BA$2,000
312 E 51st Ststudio 11BR,1BA$2,750
315 E 58th StStudioStudio,1BA$2,850
207 East 37th StreetStudioStudio,1BA$2,850
The Ambassador EastMASSIVE STUDIOStudio,1BA$2,895

Best Value Apartments for Rent in Midtown East, NY

As of May 11, 2025 the best value apartment in the Midtown East area is the $3.23 price per square foot 2x1 Model at 57 Eleven Kennedy in the in the West Side neighborhood starting from $3,900. The second greatest value Midtown East apartment is the 336 E 43rd St Model at 336 E 43rd St, Unit 10S starting at $5,600 with a $5.89 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Midtown East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
57 Eleven Kennedy2x12BR,1BA$3.23
336 E 43rd St, Unit 10S336 E 43rd St3BR,1.5BA$5.89
236 E 61st St, Unit 2B236 E 61st St2BR,1BA$5.00
246 E 51st St, Unit 20246 E 51st St2BR,1BA$4.49
The Ambassador EastFLEX 22BR,1BA$5.51
Harbor 1500A01N1BR,1BA$5.63
Hamilton CoveS4 -0x1Studio ,1BA$5.28
Embassy HouseStudioStudio ,1BA$5.21
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$5.90
The Dryden EastStudio / 1 BathroomStudio ,1BA$5.90

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.

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Frequently Asked Questions about Midtown East

What type of rentals are currently available in Midtown East?

There are currently 1429 Apartments for Rent in Midtown East, NY with pricing that ranges from $2,125 to $50,000. There are also 185 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown East ranging from $2,250 to $35,000.

What is the current price range for Rental Homes in Midtown East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown East ranges from $2,250 to $35,000 with an average monthly rent of $11,432.

How much are larger Three and Four Bedroom Rentals in Midtown East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown East range from $3,700 to $20,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $9,995 to $35,000. Four Bedroom Single-Family rentals are also available starting from $7,995 and Four Bedroom Apartments start at $2,350.

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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.