
Apartments for Rent in New York, NY Under $1,500 (426 Rentals)


Bright & Modern Living Space in a Prime NYC Location, Unit 6E

328 W 83rd St

11 Hillside Avenue

410 E 81st St

214 W 102nd St

236-238 E 78th St

418 East 81st Street

FOUND Study Upper East Side - Student Housing

1548-1560 Saint Nicholas Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

208 E 95th St

116 John St

35 West 65th Street

Common Lenox (Furnished Rooms)

Clark House by Outpost

266-68-270-72 Nagle Ave

20 LAUREL HILL TER

310 West Cozy

524 W 169th St

1366 York Ave
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.

160 East 107

156 Sherman Ave

157-159 Vermilyea Ave

James Lenox House- 55 and Over- NYC Residents

101-105 W 133rd St

50 Manhattan Ave

407 E 88th St

Allendale Apartments

St Nicholas Park Apartments

Douglass Park
Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters
Looking for apartments outside Manhattan? See average rent, commute times, and neighborhood pros for Brooklyn, Queens, Staten Island, Jersey City, and Yonkers.

147 E 30th St

336 W 47th St

1630-1636 Park Ave

216 E 83rd St

Lenox Terrace

Harlem Place 1

34 Hillside Ave

Sendero Verde - Affordable

The Carolina

Eastcrest - No Availability
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.

Saint James Apartments

Verrazano Garden Apartments

Shared/Private Rooms in Modern Co-Living Apt

Total Monthly Price
147 E 1st Ave, Unit 2

Total Monthly Price
220 New York Ave, Unit 1fl

Total Monthly Price
540 Mercer St

Total Monthly Price
301 S Feltus St, Unit A

Linden Arms, LLC

Total Monthly Price
362 Kennedy Dr, Unit Basement apt

Le Leo Co-Living
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.
New York, NY Local Guide

How much does it cost to rent an apartment in New York?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New York Studio Apartments Under $1500 | $3,272 | $890 | $10,000+ |
| New York 1 Bedroom Apartments Under $1500 | $3,618 | $735 | $10,000+ |
| New York 2 Bedroom Apartments Under $1500 | $4,386 | $1,209 | $10,000+ |
| New York 3 Bedroom Apartments Under $1500 | $4,921 | $1,100 | $10,000+ |
| New York 4 Bedroom Apartments Under $1500 | $5,475 | $1,400 | $10,000+ |
| New York 5 Bedroom Apartments | $6,267 | $2,800 | $10,000+ |
| New York 6 Bedroom Apartments | $9,484 | $950 | $10,000+ |
| New York 7 Bedroom Apartments | $6,381 | $3,750 | $9,013 |
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New York, NY Local Guide
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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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New York, NY Rentals by Map
See the most popular apartments and homes in New York, NY
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 New York
How much are Studio apartments in New York?
There are currently 41,561 Studio Apartments in New York with rent ranges from $890 to $10,500 with an average price of $3,272.
What is the current price range for One Bedroom New York Apartments for rent?
Today's rental pricing for One Bedroom Apartments in New York ranges from $735 to $22,080 with an average monthly rent of $3,618.
What does renting a Two Bedroom Apartment in New York cost?
The monthly rent prices of Two Bedroom Apartments currently available in New York range from $1,209 to $35,116. Today's average rental price for Two Bedrooms here is $4,386.
How expensive are New York Three Bedroom Apartments?
There are currently 9,153 Three Bedroom Apartments listings available in New York on ApartmentHomeLiving.com. The pricing ranges from $1,100 to $37,690 - averaging $4,921 for the location.
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 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.

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.
Articles, How-To's, and Tips

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.

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.