Cheap New Apartments for Rent in New York, NY from $735 (93 Rentals)

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The Carolina
Built in 2020Studio to 3 Bedroom Apartments

The Carolina

1465 Park AveNew York, NY 10029

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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2 Jackson Park
Built in 20171 to 3 Bedroom Apartments

2 Jackson Park

28-02 Jackson AveLong Island City, NY 11101
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Riverwalk Park
Built in 2020Studio to 3 Bedroom Apartments

Riverwalk Park

460 Main StRoosevelt Island, NY 10044
Student Housing
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The Garnet
Built in 2021Studio to 2 Bedroom Apartments

The Garnet

1620 Fulton StBrooklyn, NY 11213
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Fountain Seaview B2
Built in 2021Studio to 2 Bedroom Apartments

Fountain Seaview B2

702 Vandalia AveBrooklyn, NY 11239

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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OVM Affordable
Built in 2021Studio to 3 Bedroom Apartments

OVM Affordable

683-689 Ocean AveJersey City, NJ 07305
  • Utilities Included
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54 Throop Ave
Built in 20191 Bedroom Apartments

54 Throop Ave

54 Throop AveBrooklyn, NY 11206
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La Porte Apartments
Built in 2017Studio to 1 Bedroom Apartments

La Porte Apartments

203 Gramatan AveMount Vernon, NY 10550
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Wheeler Apartments
Built in 20181 Bedroom Apartments

Wheeler Apartments

54 Wheeler AveCarteret, NJ 07008
Senior Living
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Fountain Seaview B6
Built in 2020Studio to 3 Bedroom Apartments

Fountain Seaview B6

894 Fountain AveBrooklyn, NY 11208
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Common Gates (Furnished Rooms)
Built in 2021Studio to 1 Bedroom Apartments

Common Gates (Furnished Rooms)

300 Saint Nicholas AveBrooklyn, NY 11237
Corporate Housing
  • Utilities Included
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E
Built in 20171 Bedroom Apartments

E

36-41 168th StFlushing, NY 11358
  • Utilities Included
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730 NORTH AVENUE
Built in 20162 to 3 Bedroom Apartments

730 NORTH AVENUE

730 North AveNew Rochelle, NY 10801
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178 Warburton Ave
Built in 2023Studio to 2 Bedroom Apartments

178 Warburton Ave

178 Warburton AveYonkers, NY 10701
  • Utilities Included

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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Greens at Avenel
Built in 20191 to 3 Bedroom Apartments

Greens at Avenel

1450 Rahway AveWoodbridge Township, NJ 07001
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Cliffs On Hudson
Built in 20251 to 3 Bedroom Apartments

Cliffs On Hudson

478 Hudson TerEnglewood Cliffs, NJ 07632
  • Utilities Included
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C
Built in 20161 Bedroom Apartments

C

543 Marcy AveBrooklyn, NY 11206
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304 Ege Ave
Built in 20182 to 3 Bedroom Apartments

304 Ege Ave

304 Ege AveJersey City, NJ 07304
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Hudson Blue
Built in 2019Studio to 1 Bedroom Apartments

Hudson Blue

70 Ashburton AveYonkers, NY 10701
Corporate Housing
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671 Liberty Avenue
Built in 2019Studio to 2 Bedroom Apartments

671 Liberty Avenue

671 Liberty AveBrooklyn, NY 11207
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65 Newkirk St
Built in 2020Studio to 2 Bedroom Apartments

65 Newkirk St

65 Newkirk StJersey City, NJ 07306
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1409 Bryant Ave
Built in 2021Studio to 2 Bedroom Apartments

1409 Bryant Ave

1409 Bryant AveBronx, NY 10459
  • Utilities Included
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90 Sands
Built in 2022Studio to 1 Bedroom Apartments

90 Sands

90 Sands StBrooklyn, NY 11201
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67-19 Austin St
Built in 2016Studio to 2 Bedroom Apartments

67-19 Austin St

6719 Austin StForest Hills, NY 11375

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

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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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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.

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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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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 $1,200.

What is the price of a cheap apartment in New York?

The cheapest apartment in New York is Mirador at Union City which is listed at $800, while the average apartment in New York costs $4,347.

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 485 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 $734 which is $3,613 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.

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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.