New Apartments for Rent in New York, NY Under $5,000 (802 Rentals) Page 2 of 17

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One East Harlem
Built in 2022Studio to 3 Bedroom Apartments

One East Harlem

2319 3rd AveNew York, NY 10035
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1856 Park Avenue
Built in 2023Studio to 2 Bedroom Apartments

1856 Park Avenue

1856 Park AveNew York, NY 10035
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542 West 153rd Street
Built in 2017Studio to 3 Bedroom Apartments

542 West 153rd Street

542 W 153rd StNew York, NY 10031
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238 E 106th St
Built in 20161 to 2 Bedroom Apartments

238 E 106th St

238 E 106th StNew York, NY 10029
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The Hannah
Built in 2016Studio to 2 Bedroom Apartments

The Hannah

607 W 161st StNew York, NY 10032
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Monarch Heights
Built in 2020Studio to 3 Bedroom Apartments

Monarch Heights

415 W 120th StNew York, NY 10027
Student Housing
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56-62 W 125th St
Built in 2020Studio to 3 Bedroom Apartments

56-62 W 125th St

56-62 W 125th StNew York, NY 10027
Student Housing
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Enclave at the Cathedral
Built in 2016Studio to 2 Bedroom Apartments

Enclave at the Cathedral

400-498 W 113th StNew York, NY 10025
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329 Pleasant Ave
Built in 2017Studio to 2 Bedroom Apartments

329 Pleasant Ave

329 Pleasant AveNew York, NY 10035
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The Lewis
Built in 2018Studio to 2 Bedroom Apartments

The Lewis

411 W 35th StNew York, NY 10001

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

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Grand Elizabeth Manor
Built in 2017Studio to 1 Bedroom Apartments

Grand Elizabeth Manor

227 Grand StNew York, NY 10013
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The Style
Built in 2016Studio Apartments

The Style

48 E 132nd StNew York, NY 10037
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111 Mulberry St
Built in 2021Studio to 1 Bedroom Apartments

111 Mulberry St

111 Mulberry StNew York, NY 10013
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Common Lenox (Furnished Rooms)
Built in 2019Studio to 1 Bedroom Apartments

Common Lenox (Furnished Rooms)

63 W 130th StNew York, NY 10027
Corporate Housing
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The Carolina
Built in 2020Studio to 3 Bedroom Apartments

The Carolina

1465 Park AveNew York, NY 10029
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Harbor 1500
$3,959 - $6,698
Total Monthly Price

Total Monthly Price

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$3,959 - $6,698

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Built in 2018Studio to 2 Bedroom Apartments Available May 31

Harbor 1500

1500 Harbor BlvdWeehawken, NJ 07086
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The Reserve at Estuary
Rent Specials
$3,810 - $8,135
Total Monthly Price

Total Monthly Price

Base Rent
$3,810 - $8,135

Total Monthly Price
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Built in 2025Studio to 2 Bedroom Apartments Available Now

The Reserve at Estuary

1525 Harbor BlvdWeehawken, NJ 07086
Luxury
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Vantage Collection
$3,669 - $9,265
Total Monthly Price

Total Monthly Price

Base Rent
$3,669 - $9,265

Total Monthly Price
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Built in 2017Studio to 2 Bedroom Apartments Available Now

Vantage Collection

1-33 Park View AveJersey City, NJ 07302
Corporate Housing
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One Grove
Rent Specials
$3,665 - $5,461
Total Monthly Price

Total Monthly Price

Base Rent
$3,665 - $5,461

Total Monthly Price
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Built in 2024Studio to 3 Bedroom Apartments Available Now

One Grove

215 Grove StJersey City, NJ 07302
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The Declan
Rent Specials
$3,589 - $7,617
Total Monthly Price

Total Monthly Price

Base Rent
$3,589 - $7,617

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Built in 2024Studio to 3 Bedroom Apartments Available Now

The Declan

5 Port Imperial BlvdWeehawken, NJ 07086
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VINE
$3,556 - $11,175
Total Monthly Price

Total Monthly Price

Base Rent
$3,556 - $11,175

Total Monthly Price
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Built in 20161 to 3 Bedroom Apartments Available Now

VINE

900 Monroe StHoboken, NJ 07030
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Haus25
$3,345 - $20,520Built in 2022Studio to 3 Bedroom Apartments Available Now

Haus25

25 Christopher Columbus DrJersey City, NJ 07302
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215 S 4th St
$3,300 - $4,800
Total Monthly Price

Total Monthly Price

Base Rent
$3,300 - $4,800

Total Monthly Price
$3,300 - $4,800
Built in 2025Studio to 2 Bedroom Apartment Available Now

215 S 4th St

215 S 4th StBrooklyn, NY 11211
Affordability

New York, NY Area Reviews

  • Parks
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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.

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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.

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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.

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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.

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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.

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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.

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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.