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


The Centre

Parkhill City

Total Monthly Price
Tetris

The Sylvan

The Metropolitan

The Marq Teaneck

41 West 25th Street

43 Cottage St

Grand27

Total Monthly Price
3 Journal Square

EVO Apartments

One23

The Hudson Lofts

CMPND 26 Van Reipen

The Harrison

Total Monthly Price
Stella

Alora Bayonne

Modera Woodbridge

Canter Green

Bayonne Bay

Miroza Tower III

The Link at Aberdeen Station

Sawyer

2406 Hoffman St

The Fairmount at McGinley

The Oyster

Meridia Brownstones

The Marquee

345 Baldwin Ave

Hudson 44

The Grand at Penn

Total Monthly Price
The Harper At Harmon Meadow

One William

3THIRTY3

Station Village at Avenel

The Rail at North Bergen

Oliver on the Hudson

The Park

Total Monthly Price
360 Huguenot

Luxury Rental With Private Parking

Century Tuer

CMPND 15 Central

Total Monthly Price
EDGE Apartments

Total Monthly Price
Motif

57 Eleven Kennedy

Total Monthly Price
Two Clinton Park

Matawan Town Center

Total Monthly Price
27 Oceanside Ave

ParkHill City
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 | $3,318 | $890 | $10,000+ |
| New York 1 Bedroom Apartments | $3,678 | $250 | $10,000+ |
| New York 2 Bedroom Apartments | $4,421 | $1,209 | $10,000+ |
| New York 3 Bedroom Apartments | $4,769 | $1,100 | $10,000+ |
| New York 4 Bedroom Apartments | $5,568 | $1,400 | $10,000+ |
| New York 5 Bedroom Apartments | $6,462 | $2,800 | $10,000+ |
| New York 6 Bedroom Apartments | $3,959 | $950 | $7,500 |
| New York 7 Bedroom Apartments | $5,587 | $3,750 | $9,013 |
Explore 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 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

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

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.

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.

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.

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.