Cheap Apartments for Rent in New York, NY from $300 (423 Rentals) Page 2 of 9
Search the lowest-cost Apartments available for rent right now in New York.

1091 Madison St

102 Rogers Ave

56-48 Myrtle Ave

1815 Putnam Ave

1817 Putnam Ave

92 Pulaski St
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.

18-15 Putnam Ave

1131 President St

311 Rogers Ave

1066 Putnam Ave

33 Lenox Rd

283 Nostrand Ave

104 Rogers Ave

1332 Star Ave

370 North Ave
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

Heritage Village at Elizabeth, 62+ Community

690 Prospect Pl

1225 Hancock St

533 Nostrand Ave

235 Himrod St

600 Park Pl

951 Madison St

980 Kent Ave

116-01-116221 221st St

1513 Summit Ave

1088 Bedford Ave

Venice Court

478 Hudson Terrace

864 Nostrand Ave

945 Spofford Ave, Unit liz

Garito Manor 62 and Older

Monroe Garden

Francziszka Gardens

Sheridan Gardens

Westminster Towers Apartments

5-7 KELLY Pky

500 New York Ave

1600 Maple Ave

127 Silver Lake Rd, Unit 2 Room Studio
New York, NY Local Guide

How much does it cost to rent an apartment in New York?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New York Studio Apartments | $3,240 | $890 | $10,000+ |
| Cheap New York 1 Bedroom Apartments | $3,468 | $735 | $10,000+ |
| Cheap New York 2 Bedroom Apartments | $4,208 | $1,209 | $10,000+ |
| Cheap New York 3 Bedroom Apartments | $4,690 | $1,180 | $10,000+ |
| Cheap New York 4 Bedroom Apartments | $5,309 | $980 | $10,000+ |
| New York 5 Bedroom Apartments | $7,785 | $1,175 | $10,000+ |
| New York 6 Bedroom Apartments | $7,881 | $1,190 | $10,000+ |
| New York 7 Bedroom Apartments | $6,462 | $1,070 | $10,000+ |
Browse Top Apartments in New York
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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.
New York, NY Area Reviews
Virginia • 4+ years in New York
October 16, 2025Good 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 41 Leick Ave which is listed at $1,000, while the average apartment in New York costs $7,451.
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 839 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 $1,380 which is $6,071 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.










