Cheap Apartments for Rent in the Midtown Neighborhood of New York, NY from $1,000 (109 Rentals)

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

property at 304 W 30th St

304 W 30th St

New YorkNY10001

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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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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property at 522 W 50th St

522 W 50th St

New YorkNY10019
property at 326 E 35th St

326 E 35th St

New YorkNY10016
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147 E 30th St
Studio to 2 Bedroom Apartments

147 E 30th St

147 E 30th StNew York, NY 10016

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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577 2nd Ave
Studio Apartments

577 2nd Ave

577 Second AveNew York, NY 10016
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365 W 52nd St
Studio to 3 Bedroom Apartments

365 W 52nd St

365 W 52nd StNew York, NY 10019
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1075 1st Ave
Studio Apartments

1075 1st Ave

1075 1st AveNew York, NY 10022
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1057 First Avenue
Studio Apartments

1057 First Avenue

1057 First AveNew York, NY 10022
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328 W 44TH ST
1 Bedroom Apartments

328 W 44TH ST

328 W 44th StNew York, NY 10036
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1069 1st Ave
Studio to 1 Bedroom Apartments

1069 1st Ave

1069 1st AveNew York, NY 10022
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544-548 W 50th St
Studio to 2 Bedroom Apartments

544-548 W 50th St

544-548 W 50th StNew York, NY 10019
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324 East 66th Street
Studio to 1 Bedroom Apartments

324 East 66th Street

324 E 66th StNew York, NY 10065
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338 East 53 Street
Studio Apartments

338 East 53 Street

338 E 53rd StNew York, NY 10022
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Showing Results 1-50, Page 1 of 3

Midtown, New York, NY Local Guide

Cheapest Available Midtown Apartments for Rent

 

The cheapest available apartment rental in the Midtown area of New York, NY is a 1 Bed unit found at 312 E 51st St priced from $2,750. 207 East 37th Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,850. Here are the most affordable Midtown apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
312 E 51st Ststudio 11BR,1BA$2,750
207 East 37th StreetStudioStudio,1BA$2,850
315 E 58th StStudioStudio,1BA$2,850
The Ambassador EastMASSIVE STUDIOStudio,1BA$2,895
The Dryden EastStudio / 1 BathroomStudio,1BA$2,950
Embassy HouseStudioStudio,1BA$2,995
Wimbledon TowerSTUDIOStudio,1BA$2,995
419-421 W 50th StStudio1BR,1BA$2,995
305 W 45th StSTUDIOStudio,1BA$3,000

Best Value Apartments for Rent in Midtown, NY

As of May 18, 2025 the best value apartment in the Midtown area is the $5.01 price per square foot 205 E 31st St Model at 205 E 31st St, Unit 3 in the in the Gramercy-Flatiron neighborhood starting from $6,995. The second greatest value Midtown apartment is the 3 bed Model at 726 Tenth Ave starting at $6,195 with a $5.39 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
205 E 31st St, Unit 3205 E 31st St4BR,2BA$5.01
726 Tenth Ave3 bed3BR,1.5BA$5.39
315 W 48th St, Unit 9F315 W 48th St3BR,2BA$5.82
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
300 E 51st St, Unit FL4-ID1840300 E 51st St1BR,1BA$5.86
141 E 29th St, Unit 22141 E 29th St2BR,1BA$5.46
Wimbledon Tower1BR/1BA1BR,1BA$5.48
The Ambassador EastFLEX 22BR,1BA$5.51
Embassy HouseStudioStudio ,1BA$5.21

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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Pet Friendly Lifestyle
Midtown, New York, NY

Ranked #106

Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Midtown, New York, NY

School data provided by Great Schools

Frequently Asked Questions about Cheap Midtown Apartments

What is the Cheapest Studio apartment in Midtown?

Currently the most affordable Cheap Studio Apartment in Midtown is at 207 East 37th Street listed at $2,850.

How much is rent for a Cheap One Bedroom Midtown Apartment?

The lowest price for a Cheap One Bedroom Midtown Apartment is $2,750 at 312 E 51st St.

What is the lowest price for a Cheap Two Bedroom Midtown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midtown is starting from $3,800 at 207 East 37th Street.

What is the most affordable Midtown Three Bedroom Apartment?

The best deal on a cheap Midtown Three Bedroom Apartment rental is at 207 East 37th Street and starts from $4,800.

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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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.