Cheap Apartments for Rent in New York, NY from $300 with Parking (309 Rentals)

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Search the lowest-cost Apartments available for rent right now in New York.

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The Carolina
Studio to 3 Bedroom Apartments

The Carolina

1465 Park AveNew York, NY 10029
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34 Hillside Ave
Studio to 1 Bedroom Apartments

34 Hillside Ave

34-64 Hillside AveNew York, NY 10040
Senior Living
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Lenox Terrace
Studio to 3 Bedroom Apartments

Lenox Terrace

484 Lenox AveNew York, NY 10037
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1630-1636 Park Ave
Studio to 2 Bedroom Apartments

1630-1636 Park Ave

1630-1636 Park AveNew York, NY 10029
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Douglass Park
1 to 3 Bedroom Apartments

Douglass Park

300 W 128th StNew York, NY 10027
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14 St Marks Pl
Studio Apartments

14 St Marks Pl

14 St Marks PlNew York, NY 10003
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524 W 169th St
1 Bedroom Apartments

524 W 169th St

524 W 169th StNew York, NY 10032

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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266-68-270-72 Nagle Ave
1 to 2 Bedroom Apartments

266-68-270-72 Nagle Ave

266-68-270-72 Nagle AveNew York, NY 10034
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116 John St
Studio to 2 Bedroom Apartments

116 John St

1 Platt StNew York, NY 10038
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11 Hillside Avenue
Studio to 3 Bedroom Apartments

11 Hillside Avenue

11 Hillside AveNew York, NY 10040
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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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Apartment Parking Lot Etiquette

Check out some very simple ideas and tips to follow when parking at an apartment community that can make storing your vehicle easier for you and the residents around you.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 7

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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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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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.

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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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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New York, NY Rentals by Map

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See the most popular apartments and homes in New York, NY

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New York, NY Area Reviews

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Virginia • 4+ 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 Harlem Place 1 which is listed at $700, while the average apartment in New York costs $7,109.

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 966 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 $906 which is $6,203 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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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.

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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.

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The Local NYC Experts 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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!