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Cheap Apartments for Rent in New York, NY from $300 (453 Rentals)
Search the lowest-cost Apartments available for rent right now in New York.
2254 2nd Ave
New YorkNY10019
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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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$735 - $2,0371 to 3 Bedroom Apartments Contact Us For Availability
The Willows at Glassworks
145 Cliffwood AveCliffwood, NJ 07721
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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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$1,0003 Bedroom Apartment Available Sep 24
274A 22nd St, Unit Apt 1 Room A
274A 22nd StBrooklyn, NY 11215
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$1,0004 Bedroom Apartments Available Sep 1
Furnished room/NOT APARTMENT
705 Saint Marks AveBrooklyn, NY 11216
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$1,0001 Bedroom Apartments Available Now
BROOKHAVEN AVENUE - ROOM RENTAL
28-14 Brookhaven AveQueens, NY 11691
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$1,013 - $3,792Studio to 3 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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$1,0205 Bedroom Apartments Available Sep 1
Furnished room/NOT APARTMENT
1308 Prospect PlBrooklyn, NY 11213
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$1,039 - $2,958Studio to 4 Bedroom Apartments Available Now
Whitney Young Manor
352-358 Nepperhan AveYonkers, NY 10701
138 9th St
BrooklynNY11215
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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
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$1,076 - $2,1951 to 2 Bedroom Apartments Available Sep 1
Englewood Properties
143 Engle StEnglewood, NJ 07631
938 Lafayette Ave
BrooklynNY11221
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 | $3,418 | $650 | $10,000+ |
| Cheap New York 1 Bedroom Apartments | $3,758 | $735 | $10,000+ |
| Cheap New York 2 Bedroom Apartments | $4,589 | $1,188 | $10,000+ |
| Cheap New York 3 Bedroom Apartments | $5,373 | $1,000 | $10,000+ |
| Cheap New York 4 Bedroom Apartments | $7,192 | $1,897 | $10,000+ |
| New York 5 Bedroom Apartments | $7,588 | $2,400 | $10,000+ |
| New York 6 Bedroom Apartments | $8,947 | $5,500 | $10,000+ |
| New York 7 Bedroom Apartments | $10,908 | $10,000 | $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: 08/25/2025Current apartment rentals in the New York, NY area range in price from $800 to $100,000 with an overall median price of $8,520. The three New York neighborhoods with the lowest median rent pricing are Ollinville at $1,850, Bloomfield at $1,850, and University Heights at $1,950. 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 |
|---|---|---|---|
| Ollinville | $1,850 | $1,850 | 1 |
| Bloomfield | $1,850 | $1,850 | 1 |
| University Heights | $2,195 | $1,950 | 2 |
| Woodlawn Heights | $2,200 | $2,200 | 1 |
| Brighton Beach | $2,350 | $2,350 | 1 |
| Park Versailles | $2,400 | $2,000 | 2 |
| Bay Terrace | $2,450 | $2,400 | 2 |
| Great Kills | $2,450 | $2,400 | 2 |
| Rossville | $2,450 | $2,200 | 3 |
| Mount Eden | $2,495 | $2,000 | 2 |
Cheapest Available New York Apartments for Rent
The cheapest available apartment rental in New York, NY is a Studio unit found at 1154 Myrtle Ave in the Bedford Stuyvesant neighborhood priced from $30. The Astra - Income Restricted in the Bedford Stuyvesant neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,013. Here is today’s list of the most affordable New York apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1154 Myrtle Ave | Studio, 1 bath | Studio,1BA | $30 |
| The Astra - Income Restricted | Studio | Studio,1BA | $1,013 |
| Whitney Young Manor | Studio | Studio,1BA | $1,039 |
Best Value Apartments for Rent in New York, NY
As of August 25, 2025 the best value apartment in the New York area is the $0.17 price per square foot 234 Clark Pl Model at 234 Clark Pl, Unit 2R in the in the Elizabeth Port neighborhood starting from $1,650. The second greatest value New York apartment is the 33 Avenue B Model at 33 Avenue B, Unit 33 starting at $5,900 with a $0.59 price per square foot in the Beacon Hill Colony neighborhood. 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. |
|---|---|---|---|
| 234 Clark Pl, Unit 2R | 234 Clark Pl | 1BR,1BA | $0.17 |
| 33 Avenue B, Unit 33 | 33 Avenue B | 3BR,1BA | $0.59 |
| 200 Lt Glenn Zamorski Dr, Unit Huge and beautiful house | 200 Lt Glenn Zamorski Dr | 3BR,2BA | $0.44 |
| 40 Blueberry Ln, Unit Gorgeous 3b2b Huge Deck | 40 Blueberry Ln | 3BR,2BA | $0.88 |
| 1117 Chestnut St, Unit 1 | 1117 Chestnut St | 3BR,2BA | $0.95 |
| 1154 Myrtle Ave | Studio, 1 bath | Studio ,1BA | $0.01 |
| 9126 Grand Ave, Unit 1 | 9126 Grand Ave | 1BR,1BA | $0.44 |
| 540 Mercer St | 540 Mercer St | 1BR,1BA | $0.55 |
| 59 Vroom St | 59 Vroom St | Studio ,1BA | $0.67 |
| 2522 Bedford Ave, Unit 2C | 2522 Bedford Ave | 3BR,1BA | $0.80 |
Quick Rent Budget Calculator
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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.
Frequently Asked Questions about Cheap New York Apartments
What is the Cheapest Studio apartment in New York?
Currently the most affordable Cheap Studio Apartment in New York is at 1154 Myrtle Ave listed at $30.
How much is rent for a Cheap One Bedroom New York Apartment?
The lowest price for a Cheap One Bedroom New York Apartment is $1,229 at Heritage Village at Elizabeth, 62+ Community.
What is the lowest price for a Cheap Two Bedroom New York Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New York is starting from $1,480 at Heritage Village at Elizabeth, 62+ Community.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.