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Cheap New Apartments for Rent in New York, NY from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in New York.
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Built in 2022Studio to 3 Bedroom Apartments
Sendero Verde - Affordable
1681 Madison AveNew York, NY 10029
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$735 - $2,037Built in 20171 to 3 Bedroom Apartments Contact Us For Availability
The Willows at Glassworks
145 Cliffwood AveCliffwood, NJ 07721
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$1,013 - $3,792Built in 2021Studio to 3 Bedroom Apartments Available Now
The Astra - Income Restricted
645 Gates AveBrooklyn, NY 11221
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$1,075 - $1,565Built in 20171 to 2 Bedroom Apartments Contact Us For Availability
Bayshore Village (62+)
100 Shoal Harbor CtPort Monmouth, NJ 07758
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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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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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Built in 2017Studio to 1 Bedroom Apartments
La Porte Apartments
203 Gramatan AveMount Vernon, NY 10550
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Built in 2021Studio to 1 Bedroom Apartments
Common Gates (Furnished Rooms)
300 Saint Nicholas AveBrooklyn, NY 11237
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The 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.
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Showing Results 1-23, Page 1 of 1
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 | $3,258 | $650 | $10,000+ |
| New York 1 Bedroom Apartments | $3,708 | $735 | $10,000+ |
| New York 2 Bedroom Apartments | $4,485 | $1,188 | $10,000+ |
| New York 3 Bedroom Apartments | $5,246 | $1,000 | $10,000+ |
| New York 4 Bedroom Apartments | $6,403 | $1,150 | $10,000+ |
| New York 5 Bedroom Apartments | $7,021 | $1,410 | $10,000+ |
| New York 6 Bedroom Apartments | $7,615 | $1,280 | $10,000+ |
| New York 7 Bedroom Apartments | $10,908 | $10,000 | $10,000+ |
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New York, NY Local Guide
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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.
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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 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 Heritage Estates which is listed at $1,150, while the average apartment in New York costs $6,720.
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 421 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 $715 which is $6,005 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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
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.