
Cheap Apartments for Rent in New York, NY from $300 (390 Rentals) Page 2 of 8
Search the lowest-cost Apartments available for rent right now in New York.


49 W Main St

325 79th St

301 Wyona St

15 Potomac St

68 Jefferson Ave

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855 E 55th St, Unit Shared Apartment For Rent

29 Buffalo Ave

Heritage Village at Elizabeth, 62+ Community

Heritage Estates
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13246 154th St, Unit Basement

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122 India St

122 India St, Unit 2B

120 India St, Unit 122

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69 Mapes Ave, Unit 3

The Agnes Co-Living

Venice Court

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945 Spofford Ave, Unit liz

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519 Monroe Ave, Unit elmora

1200 Woodycrest Ave, Unit Apt 2F
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.

Garito Manor 62 and Older

Westminster Towers Apartments

Sheridan Gardens

9 Linwood Rd S

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779 Montgomery St

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535 Van Cortlandt Park Ave

315 E Mt Eden Ave, Unit Apt 3

334B Stegman Pkwy

91-35 195th Street

Wood Arms Apartments
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524 Timpson Pl, Unit apt#1

305 E Mt Eden Ave, Unit Apt 1

315 E Mt Eden Ave, Unit Apt 1

14 Locust Hill Ave, Unit 1

The Williamsburg

Le Leo Co-Living

46 49th St

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59 Vroom St

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362 Kennedy Dr, Unit Basement apt

Linden Arms, LLC
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Saint James Apartments

Verrazano Garden Apartments

3495 John F Kennedy Blvd

Eastcrest - No Availability

1110A Lydig Ave

84 Home St

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147 E 1st Ave, Unit 2

1154 Myrtle Ave

2 Jackson Park

Resurrection House
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
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 | $3,271 | $890 | $10,000+ |
| Cheap New York 1 Bedroom Apartments | $3,673 | $735 | $10,000+ |
| Cheap New York 2 Bedroom Apartments | $4,424 | $1,209 | $10,000+ |
| Cheap New York 3 Bedroom Apartments | $4,989 | $1,100 | $10,000+ |
| Cheap New York 4 Bedroom Apartments | $5,477 | $1,400 | $10,000+ |
| New York 5 Bedroom Apartments | $6,620 | $2,800 | $10,000+ |
| New York 6 Bedroom Apartments | $7,475 | $950 | $10,000+ |
| New York 7 Bedroom Apartments | $3,875 | $3,750 | $4,000 |
Browse Top Apartments in New York
See all Apartments in New YorkExplore New York
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 $1,039.
What is the price of a cheap apartment in New York?
The cheapest apartment in New York is Heritage Village at Elizabeth, 62+ Community which is listed at $1,229, while the average apartment in New York costs $6,281.
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 570 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 $997 which is $5,284 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

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.

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.

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.

The Unofficial NYC Playbook: An Insiders 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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.