
Cheap Apartments for Rent in the Midtown South Neighborhood of New York, NY from $1,000 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown South area of New York.


130 E 36th St

154 E 28th 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

Hoboken Point

Newport Rentals
Midtown South, New York, NY Local Guide

How much does it cost to rent an apartment in Midtown South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown South Studio Apartments | $4,273 | $1,815 | $10,000+ |
Midtown South 1 Bedroom Apartments | $4,751 | $2,495 | $10,000+ |
Midtown South 2 Bedroom Apartments | $6,167 | $3,450 | $10,000+ |
Midtown South 3 Bedroom Apartments | $8,083 | $4,733 | $10,000+ |
Midtown South 4 Bedroom Apartments | $10,540 | $6,895 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Midtown South Neighborhood of New York, NY.
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Cheapest Available Midtown South Apartments for Rent
 The cheapest available apartment rental in the Midtown South area of New York, NY is a Studio unit found at Newport Rentals priced from $2,691. Halletts Point has the second lowest priced unit, which is a Studio apartment currently listed from $2,761. Here are the most affordable Midtown South apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Newport Rentals | PARKSIDE EAST - Studio One Bathroom | Studio,1BA | $2,691 |
Halletts Point | 10 HLP - Studio/1 Bath | Studio,1BA | $2,761 |
221 2nd Avenue | Studio | Studio,1BA | $2,850 |
The Towne House | STUDIO / 1 BATH | Studio,1BA | $2,900 |
The Bold | S02 | Studio,1BA | $3,287 |
The Hendrix | Studio | Studio,1BA | $3,348 |
The Epic | S01 | Studio,1BA | $3,784 |
The Greenpoint | T.1005/T.1105-T.2705 | Studio,1BA | $3,815 |
Marquis Apartments | Murray Hill Marquis - Studio One Bathroom | Studio,1BA | $3,862 |
Best Value Apartments for Rent in Midtown South, NY
As of March 29, 2025 the best value apartment in the Midtown South area is the $3.25 price per square foot 182 Lexington Ave Model at 182 Lexington Ave, Unit 2 in the in the Gramercy-Flatiron neighborhood starting from $6,500. The second greatest value Midtown South apartment is the 163 E 33rd St Model at 163 E 33rd St, Unit 4A starting at $6,895 with a $5.00 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Midtown South apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
182 Lexington Ave, Unit 2 | 182 Lexington Ave | 3BR,2BA | $3.25 |
163 E 33rd St, Unit 4A | 163 E 33rd St | 4BR,2BA | $5.00 |
30 Park Ave, Unit FL18-ID1347 | 30 Park Ave | 2BR,1BA | $4.03 |
Hoboken Point | B3 | 2BR,2BA | $6.08 |
165 E 33rd St, Unit 4R | 165 E 33rd St | 2BR,1BA | $5.87 |
137 E 27th St, Unit 2G | 137 E 27th St | 1BR,1BA | $5.39 |
131 E 29th St, Unit 2B | 131 E 29th St | 2BR,1BA | $5.30 |
202 E 22nd St, Unit 22F | 202 E 22nd St | 1BR,1BA | $6.14 |
Newport Rentals | ELLIPSE - Studio One Bathroom | Studio ,1BA | $6.46 |
The Towne House | STUDIO / 1 BATH | Studio ,1BA | $5.71 |
Frequently Asked Questions about Cheap Midtown South Apartments
What is the Cheapest Studio apartment in Midtown South?
Currently the most affordable Cheap Studio Apartment in Midtown South is at Newport Rentals listed at $2,700.
How much is rent for a Cheap One Bedroom Midtown South Apartment?
The lowest price for a Cheap One Bedroom Midtown South Apartment is $2,973 at Halletts Point.
What is the lowest price for a Cheap Two Bedroom Midtown South Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown South is starting from $3,486 at Newport Rentals.
What is the most affordable Midtown South Three Bedroom Apartment?
The best deal on a cheap Midtown South Three Bedroom Apartment rental is at Newport Rentals and starts from $4,733.
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.