Cheap New Apartments for Rent in New York, NY from $735 (90 Rentals) Page 2 of 2

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2724 Heath Ave
Built in 2021Studio to 2 Bedroom Apartments

2724 Heath Ave

2724 Heath AveBronx, NY 10463
  • Utilities Included
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Remsen Tower
Built in 20171 to 2 Bedroom Apartments

Remsen Tower

106 Remsen AveBrooklyn, NY 11212
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531 Tinton Ave
Built in 2021Studio to 2 Bedroom Apartments

531 Tinton Ave

531 Tinton AveBronx, NY 10455
  • Utilities Included
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Lexington of Carteret
Built in 20191 to 2 Bedroom Apartments

Lexington of Carteret

180-182 Roosevelt AveCarteret, NJ 07008
  • Utilities Included
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55 Jordan
Built in 2021Studio to 3 Bedroom Apartments

55 Jordan

55 Jordan AveJersey City, NJ 07306
  • 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.

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875 Erskine Street
Built in 2024Studio to 3 Bedroom Apartments

875 Erskine Street

875 Erskine StBrooklyn, NY 11239
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2333 Beaumont Ave
Built in 2023Studio to 3 Bedroom Apartments

2333 Beaumont Ave

2333 Beaumont AveBronx, NY 10458
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UNO
Built in 2017Studio to 1 Bedroom Apartments

UNO

44 Wells AveYonkers, NY 10701
  • Utilities Included
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Arlington Hill
Built in 2022Studio to 2 Bedroom Apartments

Arlington Hill

424 Arlington AveJersey City, NJ 07304
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Bridgeline
Built in 2018Studio to 2 Bedroom Apartments

Bridgeline

329 E 132nd StBronx, NY 10454
  • Utilities Included
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135-17 Northern Blvd
Built in 2016Studio to 2 Bedroom Apartments

135-17 Northern Blvd

135-17 Northern BlvdFlushing, NY 11354
  • Utilities Included
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3554 Carlisle Pl
Built in 20211 Bedroom Apartments

3554 Carlisle Pl

3554 Carlisle PlBronx, NY 10467
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1701 Parkview Ave
Built in 20181 to 3 Bedroom Apartments

1701 Parkview Ave

1701 Parkview AveBronx, NY 10461
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144 Bergen Ave
Built in 20231 to 2 Bedroom Apartments

144 Bergen Ave

144 Bergen AveJersey City, NJ 07305
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GRAND 48
Built in 2022Studio to 2 Bedroom Apartments

GRAND 48

48 Grand AvePalisades Park, NJ 07650
  • Utilities Included
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2330 Hoffman St
Built in 20181 to 4 Bedroom Apartments

2330 Hoffman St

2330 Hoffman StBronx, NY 10458
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568-572 Communipaw Ave
Built in 2021Studio to 2 Bedroom Apartments

568-572 Communipaw Ave

568-572 Communipaw AveJersey City, NJ 07304
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924 Myrtle Avenue
Built in 2019Studio to 3 Bedroom Apartments

924 Myrtle Avenue

924 Myrtle AveBrooklyn, NY 11206
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484 Hancock Street
Built in 2018Studio to 1 Bedroom Apartments

484 Hancock Street

484 Hancock StBrooklyn, NY 11233

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Baypoint
Built in 20241 to 2 Bedroom Apartments

Baypoint

19 Carr AveKeansburg, NJ 07734
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The Gramercy of Rahway
Built in 2019Studio to 2 Bedroom Apartments

The Gramercy of Rahway

44 E Cherry StRahway, NJ 07065
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172 Warburton
Built in 20211 to 3 Bedroom Apartments

172 Warburton

172 Warburton AveYonkers, NY 10701
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The Cove
Built in 20231 Bedroom Apartments

The Cove

340-348 West Side AveJersey City, NJ 07305
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Essex Apartments
Built in 20211 to 3 Bedroom Apartments

Essex Apartments

72-78 Essex StCarteret, NJ 07008
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The Madison
Built in 2021Studio to 2 Bedroom Apartments

The Madison

529-33 61st StWest New York, NJ 07093
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The Solis
Built in 2026Studio to 1 Bedroom Apartments

The Solis

558 Communipaw AveJersey City, NJ 07304

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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The Brooklyn-Roosevelt
Built in 2016Studio to 1 Bedroom Apartments

The Brooklyn-Roosevelt

1024 Gates AveBrooklyn, NY 11221
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737 N Broad St
Built in 20171 to 2 Bedroom Apartments

737 N Broad St

737 N Broad StElizabeth, NJ 07208
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The Waterview
Built in 2020Studio to 2 Bedroom Apartments

The Waterview

1 FLAGSHIP StBayonne, NJ 07002
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880 Bergen Ave
Built in 2019Studio to 1 Bedroom Apartments

880 Bergen Ave

880 Bergen AveJersey City, NJ 07306
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456 Avenue P
Built in 20191 to 2 Bedroom Apartments

456 Avenue P

456 Avenue PBrooklyn, NY 11223
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16 Bennett
Built in 20181 to 3 Bedroom Apartments

16 Bennett

16 Bennett StJersey City, NJ 07304
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Elide Manor 55+ Community
Built in 2019Studio to 2 Bedroom Apartments

Elide Manor 55+ Community

40 Jackson AveEastchester, NY 10709
Senior Living
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

New York, NY Area Reviews

  • Parks
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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 $4,344.

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 504 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 $741 which is $3,603 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

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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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.