Cheap 1 Bedroom Apartments for Rent in New York, NY from $735 (233 Rentals)Page 3 of 5

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New York is under $1,175.

The cheapest apartment in New York is Senior Horizon which is listed at $1,141, while the average apartment in New York costs $5,528.

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 515 regular apartments in New York that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in New York have an average cost of $644 which is $4,884 cheaper than the average rent for all rentals in New York.