
Cheap Apartments for Rent in New York, NY from $300 (401 Rentals) Page 2 of 9
Search the lowest-cost Apartments available for rent right now in New York.


Total Monthly Price
531 Richmond St, Unit 1

29 Buffalo Ave

Total Monthly Price
779 Montgomery St

242S Ave, Unit 242 S Ave

CORNELIA STREET, Unit 2B

CORNELIA STREET, Unit 2B

568 Communipaw Ave

Heritage Village at Elizabeth, 62+ Community

Heritage Estates
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.

1309 6th St

Total Monthly Price
122 India St

122 India St, Unit 2B

14th St, Unit E2

98-02-98103 103rd Ave, Unit 2

15 Goldsmith Ave, Unit 3

9720 Albert Rd, Unit Cozy bedrooom

Total Monthly Price
69 Mapes Ave, Unit 3

Venice Court

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945 Spofford Ave, Unit liz
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.

Total Monthly Price
519 Monroe Ave, Unit elmora

120 N Broadway

Garito Manor 62 and Older

500 New York Ave

233 Pine St

9015 New York Ave

Westminster Towers Apartments

Sheridan Gardens

Total Monthly Price
748 E 82nd St, Unit Share space

315 E Mt Eden Ave, Unit Apt 3
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.

Parkview at Madison

Wood Arms Apartments

91-35 195th Street

721 John F. Kennedy Blvd

315 E Mt Eden Ave, Unit Apt 1

83-71 116th St

The Williamsburg

Total Monthly Price
362 Kennedy Dr, Unit Basement apt

Le Leo Co-Living

Linden Arms, LLC
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.

Art Deco Apartments on Lincoln Park

25 W 8th St

215 Avenue B

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220 New York Ave, Unit 1fl

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147 E 1st Ave, Unit 2

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540 Mercer St

Total Monthly Price
40 Edgewood Ave, Unit Basement Apt

1290 Baker St

147-30 Huxley St

Verrazano Garden Apartments
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.
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 | $3,281 | $890 | $10,000+ |
| Cheap New York 1 Bedroom Apartments | $3,576 | $735 | $10,000+ |
| Cheap New York 2 Bedroom Apartments | $4,342 | $1,209 | $10,000+ |
| Cheap New York 3 Bedroom Apartments | $4,794 | $1,397 | $10,000+ |
| Cheap New York 4 Bedroom Apartments | $5,410 | $1,400 | $10,000+ |
| New York 5 Bedroom Apartments | $5,524 | $900 | $10,000+ |
| New York 6 Bedroom Apartments | $8,506 | $950 | $10,000+ |
| New York 7 Bedroom Apartments | $3,750 | $3,750 | $3,750 |
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 Mirador at Union City which is listed at $800, while the average apartment in New York costs $6,407.
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 537 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 $954 which is $5,453 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

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.

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.

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.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.