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Cheap Apartments for Rent in the Roosevelt Island Neighborhood of New York, NY from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roosevelt Island area of New York.
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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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Showing Results 1-36, Page 1 of 1
Roosevelt Island, New York, NY Local Guide
How much does it cost to rent an apartment in Roosevelt Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roosevelt Island Studio Apartments | $3,636 | $2,400 | $6,600 |
| Roosevelt Island 1 Bedroom Apartments | $4,627 | $2,772 | $9,750 |
| Roosevelt Island 2 Bedroom Apartments | $5,681 | $3,091 | $10,000+ |
| Roosevelt Island 3 Bedroom Apartments | $7,575 | $6,509 | $9,990 |
| Roosevelt Island 4 Bedroom Apartments | $18,360 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Roosevelt Island Neighborhood of New York, NY.
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Roosevelt Island, New York, NY Local Guide
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Cheapest Available Roosevelt Island Apartments for Rent
The cheapest available apartment rental in the Roosevelt Island area of New York, NY is a Studio unit found at 2-21 Malt Drive Apartments priced from $2,490. Halletts Point has the second lowest priced unit, which is a Studio apartment currently listed from $2,761. Here are the most affordable Roosevelt Island apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2-21 Malt Drive Apartments | Lottery Studio | Studio,1BA | $2,490 |
| Halletts Point | 10 HLP - Studio/1 Bath | Studio,1BA | $2,761 |
| The Octagon | S3 | Studio,1BA | $3,067 |
| The Reserve | 2 Bed 1 Bath F | 2BR,1BA | $3,091 |
| Riverwalk Crossing | Studio / 1 Bathroom | Studio,1BA | $3,250 |
| Riverwalk Point | Studio / 1 Bathroom | Studio,1BA | $3,270 |
| 27 on 27th | Studio - F Line with Terrace | Studio,1BA | $3,270 |
| The Bold | S02 | Studio,1BA | $3,287 |
| 88 East End Ave | Studio, 1 bath | Studio,1BA | $3,500 |
Best Value Apartments for Rent in Roosevelt Island, NY
As of March 30, 2025 the best value apartment in the Roosevelt Island area is the $4.94 price per square foot Belon Model at The Oyster in the in the Upper East Side neighborhood starting from $6,000. The second greatest value Roosevelt Island apartment is the 450 E 78th St Model at 450 E 78th St, Unit 4H starting at $3,800 with a $4.90 price per square foot in the Upper East Side neighborhood. Here is today’s list of the best values for Roosevelt Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Oyster | Belon | 2BR,2BA | $4.94 |
| 450 E 78th St, Unit 4H | 450 E 78th St | 2BR,1BA | $4.90 |
| 1406 2nd Ave, Unit 3A | 1406 2nd Ave | 2BR,1BA | $5.07 |
| 27 on 27th | 1 Bedroom - E Line | 1BR,1BA | $6.70 |
| 231 E 76th St, Unit FL2-ID1530 | 231 E 76th St | 1BR,1BA | $6.20 |
| The Reserve | 2 Bed 1 Bath I | 2BR,1BA | $6.63 |
| The Octagon | A4 | 1BR,1BA | $6.59 |
| 42-22 27th St | 42-22 27th St | 1BR,1BA | $6.65 |
| Riverwalk Crossing | Studio / 1 Bathroom | Studio ,1BA | $6.19 |
| 2-21 Malt Drive Apartments | Lottery Studio | Studio ,1BA | $4.98 |
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Pet Friendly LifestyleRoosevelt Island, New York, NY
Ranked #47
Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Roosevelt Island, New York, NY
School data provided by Great Schools
Best Local Schools in Roosevelt Island, New York, NY
School data provided by Great Schools
Frequently Asked Questions about Cheap Roosevelt Island Apartments
What is the Cheapest Studio apartment in Roosevelt Island?
Currently the most affordable Cheap Studio Apartment in Roosevelt Island is at 2-21 Malt Drive Apartments listed at $2,490.
How much is rent for a Cheap One Bedroom Roosevelt Island Apartment?
The lowest price for a Cheap One Bedroom Roosevelt Island Apartment is $2,890 at 2-21 Malt Drive Apartments.
What is the lowest price for a Cheap Two Bedroom Roosevelt Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Roosevelt Island is starting from $3,091 at The Reserve.
What is the most affordable Roosevelt Island Three Bedroom Apartment?
The best deal on a cheap Roosevelt Island Three Bedroom Apartment rental is at The Octagon and starts from $6,509.
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.