Cheap Apartments for Rent in the Times Square Neighborhood of New York, NY from $1,700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Times Square area of New York.
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

Park Avenue Skyline

Casa Urbana

The Abbey
Times Square, New York, NY Local Guide

How much does it cost to rent an apartment in Times Square?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Times Square Studio Apartments | $3,840 | $2,100 | $5,390 |
Times Square 1 Bedroom Apartments | $4,834 | $1,800 | $7,250 |
Times Square 2 Bedroom Apartments | $5,464 | $2,000 | $8,426 |
Times Square 3 Bedroom Apartments | $5,483 | $2,300 | $6,650 |
Times Square 4 Bedroom Apartments | $7,997 | $7,995 | $8,000 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Times Square Neighborhood of New York, NY.
See all Apartments in New YorkExplore New York
Cheapest Available Times Square Apartments for Rent
 The cheapest available apartment rental in the Times Square area of New York, NY is a 2 Beds unit found at Park Avenue Skyline priced from $2,000. 305 W 45th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,800. Here are the most affordable Times Square apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park Avenue Skyline | 2 Bedroom | 2BR,1BA | $2,000 |
305 W 45th St | 1 BEDROOM | 1BR,1BA | $2,800 |
Sven | Studio / 1 Bathroom | Studio,1BA | $3,318 |
The Helena | Studio / 1 Bathroom | Studio,1BA | $3,360 |
Hoboken South Waterfront | Hudson Square North - 2 Bed 1 Bath I | 2BR,1BA | $3,875 |
Best Value Apartments for Rent in Times Square, NY
As of March 29, 2025 the best value apartment in the Times Square 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 Times Square apartment is the 3 Bedroom Model at Park Avenue Skyline starting at $2,300 with a $2.56 price per square foot in the Union Hill neighborhood. Here is today’s list of the best values for Times Square apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
315 W 48th St, Unit 9F | 315 W 48th St | 3BR,2BA | $5.82 |
Park Avenue Skyline | 3 Bedroom | 3BR,1BA | $2.56 |
Hoboken South Waterfront | 333 River Street - 1 Bed 1 Bath AA | 1BR,1BA | $5.25 |
576 9th Ave, Unit 11F | 576 9th Ave | 2BR,1BA | $5.03 |
70 W 45th St, Unit FL33-ID1776 | 70 W 45th St | 2BR,1BA | $5.61 |
136 E 55th St, Unit FL2-ID1786 | 136 E 55th St | 1BR,1BA | $9.00 |
Avalon Midtown West | S1-559-2 | Studio ,1BA | $8.17 |
305 W 45th St | Studio, 1 bath | Studio ,1BA | $6.00 |
EOS | Alcove Studio / 1 Bathroom | Studio ,1BA | $8.94 |
Windsor Court | Studio / 1 Bathroom | Studio ,1BA | $9.21 |
Getting Around the Times Square Neighborhood in New York, NY
Walk Score®
99 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
92 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Times Square Apartments
What is a cheap apartment in Times Square?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Times Square is under $4,107.
What is the price of a cheap apartment in Times Square?
The cheapest apartment in Times Square is 305 W 45th St which is listed at $2,800, while the average apartment in Times Square costs $7,997.
What types of apartments are the cheapest in Times Square?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Times Square that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Times Square?
Cheap apartments in Times Square have an average cost of $343 which is $7,654 cheaper than the average rent for all rentals in Times Square.
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.