New Apartments for Rent in New York, NY Under $5,000 (802 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
7W21
Built in 2016Studio to 3 Bedroom Apartments

7W21

6 W 22nd StNew York, NY 10010
close
View Me
Mabel Chelsea
Built in 2025Studio to 2 Bedroom Apartments

Mabel Chelsea

335 Eighth AveNew York, NY 10001
close
View Me
Summit
Built in 2019Studio to 3 Bedroom Apartments

Summit

222 E 44th StNew York, NY 10017
  • Utilities Included
close
View Me
Aalto57
Built in 2016Studio to 3 Bedroom Apartments

Aalto57

1065 2nd AveNew York, NY 10022

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.

close
View Me
The Set
Built in 2022Studio to 2 Bedroom Apartments

The Set

455 10th AveNew York, NY 10018
close
View Me
FRANK 57 WEST
Built in 20171 to 3 Bedroom Apartments

FRANK 57 WEST

600 W 58th StNew York, NY 10019
close
View Me
Ruby Apartments
Built in 2023Studio to 3 Bedroom Apartments

Ruby Apartments

243 W 28th StNew York, NY 10001
  • Utilities Included
close
View Me
HOUSE 39
Built in 2017Studio to 3 Bedroom Apartments

HOUSE 39

225 E 39th StNew York, NY 10016
close
View Me
280 8th Ave
Built in 2025Studio to 1 Bedroom Apartments

280 8th Ave

280 8th AveNew York, NY 10001
  • Smoke Free
close
View Me
Pod Pads
Built in 20181 to 2 Bedroom Apartments

Pod Pads

400 W 42nd StNew York, NY 10036
Corporate Housing
  • Utilities Included
close
View Me
Henry Hall
Built in 2017Studio to 2 Bedroom Apartments

Henry Hall

515 W 38th StNew York, NY 10018
  • Utilities Included
close
View Me
ML House
Built in 2019Studio to 2 Bedroom Apartments

ML House

1050 Avenue Of The Americas AveNew York, NY 10018
close
View Me
The Suffolk
Built in 2023Studio to 3 Bedroom Apartments

The Suffolk

55 Suffolk StNew York, NY 10002
close
View Me
525 West 52nd
Built in 2017Studio to 2 Bedroom Apartments

525 West 52nd

525-533 W 52nd StNew York, NY 10019
  • Utilities Included

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.

close
View Me
685 First Ave
Built in 2019Studio to 3 Bedroom Apartments

685 First Ave

685 First AveNew York, NY 10016
  • Utilities Included
close
View Me
63 W 104th St
Built in 2019Studio to 3 Bedroom Apartments

63 W 104th St

63 W 104th StNew York, NY 10025
close
View Me
606 W 30
Built in 2024Studio to 2 Bedroom Apartments

606 W 30

606 W 30th StNew York, NY 10001
close
View Me
Hudson 36
Built in 2019Studio to 3 Bedroom Apartments

Hudson 36

515 W 36th StNew York, NY 10018
  • Utilities Included
close
View Me
224 West 124th St
Built in 20221 to 3 Bedroom Apartments

224 West 124th St

224 W 124th StNew York, NY 10027
close
View Me
535 W 43rd Street
Built in 2016Studio to 2 Bedroom Apartments

535 W 43rd Street

546 W 44th StNew York, NY 10036
close
View Me
Lyra
Built in 2020Studio to 2 Bedroom Apartments

Lyra

555 W 38th StNew York, NY 10018
close
View Me
The Copper
Built in 2017Studio to 3 Bedroom Apartments

The Copper

626 1st AveNew York, NY 10016
  • Utilities Included
close
View Me
507 West Chelsea
Built in 2017Studio to 2 Bedroom Apartments

507 West Chelsea

507 W 28th StNew York, NY 10001
  • Utilities Included
close
View Me
The Lex
Built in 20171 to 3 Bedroom Apartments

The Lex

227 Lexington AveNew York, NY 10016
  • Utilities Included

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.

close
View Me
The Maybury
Built in 2024Studio to 2 Bedroom Apartments

The Maybury

550 10th AveNew York, NY 10018
close
View Me
19 Dutch
Built in 2018Studio to 2 Bedroom Apartments

19 Dutch

19 Dutch StNew York, NY 10038
close
View Me
803 9th Ave
Built in 20192 to 3 Bedroom Apartments

803 9th Ave

805 Ninth AveNew York, NY 10019
close
View Me
Chelsea 29
Built in 2017Studio to 2 Bedroom Apartments

Chelsea 29

221 W 29th StNew York, NY 10001
  • Utilities Included
close
View Me
The Hub Avenue B
Built in 2016Studio to 1 Bedroom Apartments

The Hub Avenue B

185 Avenue BNew York, NY 10009
  • Utilities Included
close
View Me
118 Orchard Street
Built in 2020Studio to 3 Bedroom Apartments

118 Orchard Street

118 Orchard StNew York, NY 10002
close
View Me
Harlem 125
Built in 2017Studio to 3 Bedroom Apartments

Harlem 125

69 E 125th StNew York, NY 10035
close
View Me
Miramar
Built in 2025Studio to 2 Bedroom Apartments

Miramar

407 W 206th StNew York, NY 10034
close
View Me
Exhibit
Built in 2018Studio to 3 Bedroom Apartments

Exhibit

29 Cliff StNew York, NY 10038
  • Utilities Included
close
View Me
Park Overture
Built in 20241 to 2 Bedroom Apartments

Park Overture

4568 BroadwayNew York, NY 10040

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.

close
View Me
Convivium
Built in 2020Studio to 3 Bedroom Apartments

Convivium

515 E 86th StNew York, NY 10028
  • Utilities Included
close
View Me
Aalto 57
Built in 2016Studio to 3 Bedroom Apartments

Aalto 57

1065 2nd AveNew York, NY 10022
close
View Me
The Smile
Built in 2020Studio to 2 Bedroom Apartments

The Smile

158 E 126th StNew York, NY 10035
close
View Me
Forty Six Fifty
Built in 2024Studio to 2 Bedroom Apartments

Forty Six Fifty

4650 BroadwayNew York, NY 10040
  • Utilities Included
close
View Me
Niko East Village
Built in 2018Studio to 3 Bedroom Apartments

Niko East Village

751 E 6th StNew York, NY 10009
close
View Me
Tower 119
Built in 2018Studio to 2 Bedroom Apartments

Tower 119

2183 Third AveNew York, NY 10035
  • Utilities Included
close
View Me
321 E 3rd St
Built in 2016Studio to 3 Bedroom Apartments

321 E 3rd St

321 E 3rd StNew York, NY 10009
close
View Me
445W35
Built in 2019Studio to 3 Bedroom Apartments

445W35

445 W 35th StNew York, NY 10001
  • Utilities Included
close
View Me
11 Cooper St
Built in 20191 Bedroom Apartments

11 Cooper St

11 Cooper StNew York, NY 10034
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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

New York, NY Local Guide

The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers

From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.

Read Article
Decorative image

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New York, NY Rentals by Map

View Map
New York, NY Apartments Map
View Map
New York, NY Rental Homes Map

New York, NY Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Virginia4+ years in New York

October 16, 2025

Good 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 New York Apartments

What is the Cheapest New apartment in New York?

Currently the most affordable New Apartment in New York is at The Willows at Glassworks listed at $735.

How much is the average rent for a New New York Apartment?

The average rent for a New Apartment in New York is $3,970.

What is the largest New New York Apartment for rent?

Today's New apartment with the most square footage in New York is a 3,397 square feet unit starting from $2,990 at Soho Lofts.

What is the average size for New York New Apartments for rent?

The average size for a New rental in New York is currently at 612 sq ft.

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

decorative image for The 10 Best Affordable Neighborhoods for Renting in New York City article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in NYC article

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.

decorative image for The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers article

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.

decorative image for The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.