
Cheap 1 Bedroom Apartments for Rent in New York, NY from $700 (246 Rentals) Page 2 of 5


1034 Madison Ave

4602 Park Ave

2428 Cambreleng Ave

354 Butler St

280 Clifton Pl, Unit 3

113 Myrtle Ave

Total Monthly Price
89 W 20th St, Unit 3

196 Shephard Ave

615 Court St
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.

281 Lexington Ave

407 John F. Kennedy Blvd

Garito Manor 62 and Older

Marineview Apartments

489 Kennedy Blvd, Unit 1

488 John F. Kennedy Blvd

3180 Fish Ave

Total Monthly Price
10953 Liverpool St, Unit 18915 89avenue

19 Fitch St

272 Decatur St
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

Saint James Apartments

3495 John F Kennedy Blvd

2 Jackson Park

Resurrection House

Crossroads Plaza: Phase II

Riverwalk Park

Ventnor Flatz

Heritage Village at Rosegate, 55+ Community

Astoria Senior Citizen Residence 62+

305 Osborne Ter

Ponce De Leon

30-07 Astoria Blvd

218-220 Duncan Ave

Portside Commons Westport Homes

Markham Gardens

100 Beacon Ave

129 Chancellor Ave

939 Saint Marks Ave

The Willows at Salem Lafayette

305 Fairmount Ave

Marineview East & West

574 Bergen Ave

Douglass Street Apartments

Birchwood at Fairmount Hotel (62+ Community)

53 Cooper Pl

595 Elizabeth Ave

40-50 Locust Hill Ave

Knox Place

336 E Westfield Ave

Elevatored Apartment Bldg
New York, NY Local Guide

How much does it cost to rent an apartment in New York?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New York Studio Apartments | $3,220 | $881 | $10,000+ |
| New York 1 Bedroom Apartments | $3,465 | $700 | $10,000+ |
| New York 2 Bedroom Apartments | $4,218 | $1,000 | $10,000+ |
| New York 3 Bedroom Apartments | $4,623 | $1,397 | $10,000+ |
| New York 4 Bedroom Apartments | $5,051 | $1,608 | $10,000+ |
| New York 5 Bedroom Apartments | $7,447 | $875 | $10,000+ |
| New York 6 Bedroom Apartments | $6,568 | $3,200 | $9,450 |
| New York 7 Bedroom Apartments | $6,678 | $2,500 | $10,000+ |
Explore New York
New York, NY Area Reviews
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 $1,039.
What is the price of a cheap apartment in New York?
The cheapest apartment in New York is Harlem Place 1 which is listed at $700, while the average apartment in New York costs $6,053.
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 633 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 $777 which is $5,276 cheaper than the average rent for all rentals in New York.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
Written by: Joshua Carlucci
New York City is more than just a destination—it’s a way of life, especially for students eager to dive into a melting pot of cultures, endless activities, and academic prestige.

The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers
Written by: Joshua Carlucci
New York has a funny way of making your commute part of your identity.

The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
Written by: Joshua Carlucci
Every block of New York City feels like a stage set for daily life.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.