Cheap 2 Bedroom Apartments for Rent in New York, NY from $1,209 (62 Rentals)

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The Carolina
2 Bedroom Apartments

The Carolina

1465 Park AveNew York, NY 10029
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Allendale Apartments
2 Bedroom Apartments

Allendale Apartments

808 West End AveNew York, NY 10025
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Douglass Park
2 Bedroom Apartments

Douglass Park

300 W 128th StNew York, NY 10027
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Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters

Looking for apartments outside Manhattan? See average rent, commute times, and neighborhood pros for Brooklyn, Queens, Staten Island, Jersey City, and Yonkers.

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7803 Hudson Ave
2 Bedroom Apartments

7803 Hudson Ave

7803 Hudson AveNorth Bergen, NJ 07047
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191 Wegman Pkwy
2 Bedroom Apartments

191 Wegman Pkwy

191 Wegman PkwyJersey City, NJ 07305
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Riverwalk Park
2 Bedroom Apartments

Riverwalk Park

460 Main StRoosevelt Island, NY 10044
Student Housing
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Ventnor Flatz
2 Bedroom Apartments

Ventnor Flatz

1115 Dorchester RdBrooklyn, NY 11218

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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12 Agate Ct
2 Bedroom Apartments

12 Agate Ct

12 Agate CtBrooklyn, NY 11213
Furnished
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OVM Affordable
2 Bedroom Apartments

OVM Affordable

683-689 Ocean AveJersey City, NJ 07305
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80 Lexington Ave
2 Bedroom Apartments

80 Lexington Ave

80 Lexington AveJersey City, NJ 07304
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129 Chancellor Ave
2 Bedroom Apartments

129 Chancellor Ave

129 Chancellor AveNewark, NJ 07112
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31-33 High St
2 Bedroom Apartments

31-33 High St

31-33 High StJersey City, NJ 07306
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1546 St Johns Pl
2 Bedroom Apartments

1546 St Johns Pl

1546 St Johns PlBrooklyn, NY 11213
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Continental Gardens
2 Bedroom Apartments

Continental Gardens

850 W Grand StElizabeth, NJ 07202
  • Utilities Included

The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps

Moving to NYC? Go beyond the landmarks. Our local expert shares an insider's guide to New York City's neighborhoods, finding your rhythm, and making the city feel like home.

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595 Elizabeth Ave
2 Bedroom Apartments

595 Elizabeth Ave

595 Elizabeth AveNewark, NJ 07112
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The Bradley
2 Bedroom Apartments

The Bradley

1230 Avenue XBrooklyn, NY 11235
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53 Cooper Pl
2 Bedroom Apartments

53 Cooper Pl

53 Cooper PlWeehawken, NJ 07086
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Senior Horizon
2 Bedroom Apartments

Senior Horizon

74 Lexington AveBayonne, NJ 07002
Senior Living
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Oceanview Associates
2 Bedroom Apartments

Oceanview Associates

146 Beach 24Th StFar Rockaway, NY 11691
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2435 Frisby Ave
2 Bedroom Apartments

2435 Frisby Ave

2435 Frisby AveBronx, NY 10461

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

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85 Kearney Ave
2 Bedroom Apartments

85 Kearney Ave

85 Kearney AveJersey City, NJ 07305
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1500 Bergenline Ave
2 Bedroom Apartments

1500 Bergenline Ave

1500 Bergenline AveUnion City, NJ 07087
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Lidgerwood Manor
2 Bedroom Apartments

Lidgerwood Manor

514 Lidgerwood AveElizabeth, NJ 07202
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3656 John F Kennedy Blvd
2 Bedroom Apartments

3656 John F Kennedy Blvd

3656 John F Kennedy BlvdJersey City, NJ 07307
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402-404 Riverdale Ave
2 Bedroom Apartments

402-404 Riverdale Ave

402-404 Riverdale AveYonkers, NY 10705
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730 NORTH AVENUE
2 Bedroom Apartments

730 NORTH AVENUE

730 North AveNew Rochelle, NY 10801
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Greens at Avenel
2 Bedroom Apartments

Greens at Avenel

1450 Rahway AveWoodbridge Township, NJ 07001
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

New York, NY Local Guide

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.

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A 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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New York, NY Area Reviews

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Virginia4+ years in New York

October 16, 2025

Good 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 Bayshore Village (62+) which is listed at $1,291, while the average apartment in New York costs $6,407.

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 537 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 $954 which is $5,453 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

decorative image for Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters article

Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.com Local Expert for New York City, and I live in the Lower East Side of Manhattan. I love it here.

decorative image for The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

The Unofficial NYC Playbook: An Insider's 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.

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The Local NYC Expert's 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.

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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.

Articles, How-To's, and Tips

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.