Cheap Apartments for Rent in the Carnegie Hill Neighborhood of New York, NY from $1,500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Carnegie Hill area of New York.

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165 E 87th St
Studio to 1 Bedroom Apartments

165 E 87th St

165 E 87th StNew York, NY 10128
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316 E 89th St
Studio to 1 Bedroom Apartments

316 E 89th St

316 E 89th StNew York, NY 10128
  • Utilities Included
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107-109 E 88th St
Studio to 1 Bedroom Apartments

107-109 E 88th St

107-109 E 88th StNew York, NY 10128
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212-234 E 89th St
1 Bedroom Apartments

212-234 E 89th St

212-234 E 89th StNew York, NY 10128
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163 E 87th St
Studio to 1 Bedroom Apartments

163 E 87th St

163 E 87th StNew York, NY 10128
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132 East 96th Street
Studio to 1 Bedroom Apartments

132 East 96th Street

128-136 E 96th StNew York, NY 10128
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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207-213 E 89th St
Studio to 2 Bedroom Apartments

207-213 E 89th St

207-213 E 89th StNew York, NY 10024
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158-160 E 97th St
1 to 2 Bedroom Apartments

158-160 E 97th St

158-160 E 97th StNew York, NY 10029
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157 East 85th Street
Studio to 2 Bedroom Apartments

157 East 85th Street

157 E 85th StNew York, NY 10028
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155-157 E 88th St
Studio to 1 Bedroom Apartments

155-157 E 88th St

155-157 E 88th StNew York, NY 10128
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128 East 85th Street
Studio to 2 Bedroom Apartments

128 East 85th Street

128 E 85th StNew York, NY 10028
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331 E 88th St
Studio to 1 Bedroom Apartments

331 E 88th St

331 E 88th StNew York, NY 10128
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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.

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171 East 89th Street
Studio to 2 Bedroom Apartments

171 East 89th Street

171-175 E 89th StNew York, NY 10128
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165-169 E 89th St
Studio to 3 Bedroom Apartments

165-169 E 89th St

165-169 E 89th StNew York, NY 10128
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Apartment
1 Bedroom Apartments

Apartment

1067 Park AveNew York, NY 10128
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119 E 97th St
Studio to 2 Bedroom Apartments

119 E 97th St

119-121 E 97th StNew York, NY 10029

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.

Carnegie Hill, New York, NY Local Guide

Cheapest Available Carnegie Hill Apartments for Rent

 

The cheapest available apartment rental in the Carnegie Hill area of New York, NY is a Studio unit found at 1395 Lexington Ave priced from $2,400. 200 East 87th Street has the second lowest priced unit, which is a Studio apartment currently listed from $3,850. Here are the most affordable Carnegie Hill apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
1395 Lexington AveDouble OccupancyStudio,$2,400
200 East 87th StreetStudio / 1 BathroomStudio,1BA$3,850
The ColoradoStudio / 1 BathroomStudio,1BA$4,125

Best Value Apartments for Rent in Carnegie Hill, NY

As of February 23, 2026 the best value apartment in the Carnegie Hill area is the $6.07 price per square foot 111 E 89th St Model at 111 E 89th St in the in the Upper East Side neighborhood starting from $8,500. The second greatest value Carnegie Hill apartment is the Studio / 1 Bathroom Model at The Colorado starting at $4,125 with a $10.31 price per square foot in the Upper East Side neighborhood. Here is today’s list of the best values for Carnegie Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
111 E 89th St111 E 89th St3BR,2BA$6.07
The ColoradoStudio / 1 BathroomStudio ,1BA$10.31
1395 Lexington AveDouble OccupancyStudio ,0.5BA$12.00

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.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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

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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.

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Pet Friendly Lifestyle
Carnegie Hill, New York, NY

Ranked #71

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Carnegie Hill Apartments

What is the price of a cheap apartment in Carnegie Hill?

The cheapest apartment in Carnegie Hill is 200 East 87th Street which is listed at $5,000, while the average apartment in Carnegie Hill costs $8,500.

What types of apartments are the cheapest in Carnegie Hill?

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 1 regular apartments in Carnegie Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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.

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 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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.