Cheap Homes for Rent in Midtown Neighborhood of New York, NY from $2,100 (68 Rentals)

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Search the lowest-cost Homes 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

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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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 13, 2025 the best value apartment in the Midtown area is the $5.82 price per square foot 315 W 48th St Model at 315 W 48th St, Unit 9F in the in the West Side neighborhood starting from $6,400. The second greatest value Midtown apartment is the 524 9th Ave Model at 524 9th Ave, Unit 803 starting at $6,500 with a $5.91 price per square foot in the Midtown 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.
315 W 48th St, Unit 9F315 W 48th St3BR,2BA$5.82
524 9th Ave, Unit 803524 9th Ave3BR,2BA$5.91
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
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
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

What type of rentals are currently available in Midtown?

There are currently 3464 Apartments for Rent in Midtown, NY with pricing that ranges from $1,475 to $50,000. There are also 540 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $2,195 to $35,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown ranges from $2,195 to $35,000 with an average monthly rent of $10,164.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown range from $2,025 to $47,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $6,800 to $35,000. Four Bedroom Single-Family rentals are also available starting from $7,995 and Four Bedroom Apartments start at $1,475.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.