
Cheap Apartments for Rent in New York, NY from $300 (389 Rentals) Page 5 of 8
Search the lowest-cost Apartments available for rent right now in New York.


7700 Kennedy Blvd W.

Linwood Park

Common Owens (Furnished Rooms)

196 Clinton Ave

630 Concord Ave

747 E 226th

Common Brower (Furnished Rooms)

Macedonia Senior Citizen Residence 62+

Dekalb Senior Citizen Residence 62+

Hallets Cove Senior Citizen Residence 62+

Cambridge Hall

4409 Palisade Ave

25-27 Jones Pl

92 Woodruff Ave

550 Bainbridge Street

1340 Merriam Avenue

A

61 Corbin Ave

850 East 31 St

2267 John F Kennedy Blvd

The Garrison Apartments

135 Ocean Ave

200-206 Marcy Place

Bay Plaza

Wheeler Apartments

4424 Kings Hwy

193-20 Jamaica Ave

800 Victory Blvd

Sheffield Gardens

Linden Court Manor

Rahway Arts Apartments

Fountain Seaview B6

Wyckoff

Summit Flats

Seaview Estates

1511-1521 Sheridan Ave

3572-3576 Dekalb Ave

3225 Olinville Ave

Kings Henry

330-346 E 188th St

120 West 183rd Street

340 E Mosholu Parkway

North Salem Terrace

6402 Dewey

Bergen Court

Horizon Heights

Tysens Park Apartments

170-10 Cedarcroft Rd

Shore Haven Apartments
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 | $3,258 | $890 | $10,000+ |
| Cheap New York 1 Bedroom Apartments | $3,650 | $735 | $10,000+ |
| Cheap New York 2 Bedroom Apartments | $4,431 | $1,209 | $10,000+ |
| Cheap New York 3 Bedroom Apartments | $4,986 | $1,100 | $10,000+ |
| Cheap New York 4 Bedroom Apartments | $5,550 | $1,400 | $10,000+ |
| New York 5 Bedroom Apartments | $6,735 | $2,800 | $10,000+ |
| New York 6 Bedroom Apartments | $8,196 | $950 | $10,000+ |
| New York 7 Bedroom Apartments | $3,875 | $3,750 | $4,000 |
Browse Top Apartments in New York
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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 $6,298.
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 495 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 $952 which is $5,346 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.