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Cheap Apartments for Rent in New York, NY from $300 (423 Rentals)
Search the lowest-cost Apartments available for rent right now in New York.
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Studio to 1 Bedroom Apartments
James Lenox House- 55 and Over- NYC Residents
49 E 73rd StNew York, NY 10021
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Studio to 2 Bedroom Apartments
1548-1560 Saint Nicholas Ave
1548-1560 Saint Nicholas AveNew York, NY 10040
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$735 - $2,0371 to 3 Bedroom Apartments Contact Us For Availability
The Willows at Glassworks
145 Cliffwood AveCliffwood, NJ 07721
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$8251 Bedroom Apartment Available Jan 1, 2026
20 Bentley Ave, Unit Unit 1 Shared
20 Bentley AveJersey City, NJ 07304
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$890 - $1,326Studio to 2 Bedroom Apartments Contact Us For Availability
Kings Plaza
270 King StPerth Amboy, NJ 08861
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448 Empire Blvd
BrooklynNY11225
705 St Marks Ave
BrooklynNY11216
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,013 - $2,748Studio to 1 Bedroom Apartments Available Now
The Astra - Income Restricted
645 Gates AveBrooklyn, NY 11221
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$1,017 - $1,8971 to 4 Bedroom Apartments Contact Us For Availability
Portside II
136 Pine StElizabeth, NJ 07206
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$1,039 - $2,958Studio to 4 Bedroom Apartments Available Now
Whitney Young Manor
352-358 Nepperhan AveYonkers, NY 10701
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668 Brooklyn Ave
BrooklynNY11203
19-5 Menahan St
RidgewoodNY11237
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$1,075 - $1,5651 to 2 Bedroom Apartments Contact Us For Availability
Bayshore Village (62+)
100 Shoal Harbor CtPort Monmouth, NJ 07758
810 Rogers Ave
BrooklynNY11226
620 1st Ave
ElizabethNJ07202
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.
New York, NY Local Guide
How much does it cost to rent an apartment in New York?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New York Studio Apartments | $3,240 | $890 | $10,000+ |
| Cheap New York 1 Bedroom Apartments | $3,468 | $735 | $10,000+ |
| Cheap New York 2 Bedroom Apartments | $4,208 | $1,209 | $10,000+ |
| Cheap New York 3 Bedroom Apartments | $4,690 | $1,180 | $10,000+ |
| Cheap New York 4 Bedroom Apartments | $5,309 | $980 | $10,000+ |
| New York 5 Bedroom Apartments | $7,785 | $1,175 | $10,000+ |
| New York 6 Bedroom Apartments | $7,881 | $1,190 | $10,000+ |
| New York 7 Bedroom Apartments | $6,462 | $1,070 | $10,000+ |
Browse Top Apartments in New York
See all Apartments in New YorkExplore New York
New York, NY Local Guide
Written By:
Trey HuguleyDirector, Product Marketing
- New York Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in New York, NY
Pricing Updated: 11/27/2025Current apartment rentals in the New York, NY area range in price from $825 to $60,000 with an overall median price of $7,451. The three New York neighborhoods with the lowest median rent pricing are West Brighton at $1,516, Bulls Head at $1,500, and Clifton at $2,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New York Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| West Brighton | $1,799 | $1,516 | 1 |
| Bulls Head | $2,200 | $1,500 | 2 |
| Clifton | $2,200 | $2,200 | 1 |
| Emerson Hill | $2,200 | $1,800 | 1 |
| Lighthouse Hill | $2,200 | $1,700 | 3 |
| New Springville | $2,200 | $1,500 | 2 |
| Richmond Town | $2,200 | $1,800 | 4 |
| Annadale | $2,350 | $1,650 | 5 |
| Eltingville | $2,350 | $1,800 | 3 |
| Great Kills | $2,350 | $1,800 | 4 |
Cheapest Available New York Apartments for Rent
The cheapest available apartment rental in New York, NY is a 2 Beds unit found at Ventnor Flatz in the Prospect Park neighborhood priced from $800. 41 Leick Ave in the Arden Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable New York apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $800 |
| 41 Leick Ave | Apartment | 1BR,1BA | $1,000 |
| The Astra - Income Restricted | Studio | Studio,1BA | $1,013 |
| Whitney Young Manor | Studio | Studio,1BA | $1,039 |
| 14 St Marks Pl | STU | Studio, | $1,200 |
| Bay Plaza | Unit C | Studio,1BA | $1,200 |
Best Value Apartments for Rent in New York, NY
As of November 27, 2025 the best value apartment in the New York area is the $0.40 price per square foot 143 Danforth Ave Model at 143 Danforth Ave, Unit 1 in the in the Greenville neighborhood starting from $2,000. The second greatest value New York apartment is the 123 Liberty St Model at 123 Liberty St, Unit 3 starting at $2,650 with a $0.53 price per square foot . Here is today’s list of the best values for New York apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 143 Danforth Ave, Unit 1 | 143 Danforth Ave | 2BR,1BA | $0.40 |
| 123 Liberty St, Unit 3 | 123 Liberty St | 3BR,1BA | $0.53 |
| 632 Norwood Ter, Unit 2 | 632 Norwood Ter | 3BR,2BA | $0.95 |
| 1154 Myrtle Ave | Studio, 1 bath | Studio ,1BA | $0.02 |
| 97 W 54th St, Unit 1 | 97 W 54th St | 1BR,1BA | $0.90 |
| 544 Mercer St, Unit 2 | 544 Mercer St | Studio ,1BA | $0.60 |
| 20 E Henry St, Unit 1 | 20 E Henry St | 2BR,1BA | $1.22 |
| 2522 Bedford Ave, Unit 2 | 2522 Bedford Ave | 3BR,1BA | $1.00 |
| 138 9th St, Unit Roommate | 138 9th St | 1BR,1BA | $1.17 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.94 |
The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the New York City area for affordable living. Find your perfect NYC Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
New York Overview
There's a reason they call New York City the Big Apple. It is one of the most exciting cities in the world. The largest city in the United States in top of population, this city is a melting pot of culture, adventure and fun. Living here, you'll enjoy a global community that is home to the leaders in finance, fashion, culture, and art. With five boroughs to choose from when looking for apartments in New York City, there is something here for everyone. Maybe it's time for you to take your own bite out of the Big Apple.
Why live in New York, NY?
The easier question might be why wouldn't someone want to live in New York City. No matter the time of day, there is somewhere to go, something to do, and someone to do it with. From bars to restaurants to the theater, it's true this town never sleeps. Add in the parks, museums, and Times Square, and NYC is truly a unique place that will make you feel connected to the world in a way that isn't possible anywhere else.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New York, NY Rentals by Map
See the most popular apartments and homes in New York, NY
Getting Around New York, NY
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
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.
New York, NY Area Reviews
Do you know the New York area?
Let everyone know!
Write a Review
Virginia • 4+ years in New York
October 16, 2025Good vibes - but the stores could be better. Too many junk stores and nail salons. Not enough food stores - and the ones here are rather pricey. Not pet friendly - yet another service presented by the greedy landlords--rents are too high.
Frequently Asked Questions about Cheap New York Apartments
What is a cheap apartment in New York?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New York is under $1,200.
What is the price of a cheap apartment in New York?
The cheapest apartment in New York is 41 Leick Ave which is listed at $1,000, while the average apartment in New York costs $7,451.
What types of apartments are the cheapest in New York?
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 839 regular apartments in New York 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 New York?
Cheap apartments in New York have an average cost of $1,380 which is $6,071 cheaper than the average rent for all rentals in New York.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.