Cheap Apartments for Rent in the Central Park Neighborhood of New York, NY from $1,000 (116 Rentals)

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

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Central Park, New York, NY Local Guide

Cheapest Available Central Park Apartments for Rent

 

The cheapest available apartment rental in the Central Park area of New York, NY is a Studio unit found at 175 West 87th Street priced from $2,550. 1567 2nd Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,800. Here are the most affordable Central Park apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
175 West 87th StreetStudioStudio,1BA$2,550
1567 2nd Ave1 Bed, 1 bath1BR,1BA$2,800
120 West 97th StreetStudioStudio,1BA$3,400
792 Columbus AvenueJr 1 Bedroom / 1 BathroomStudio,1BA$3,599
Yorkshire TowersStudio / 1 BathroomStudio,1BA$3,800
The Paris1 Bed, 1 Bath Floorplan1BR,1BA$3,995
The ColoradoStudio / 1 BathroomStudio,1BA$4,125
The Highgate1 Bedroom / 1 Bathroom1BR,1BA$4,200

Best Value Apartments for Rent in Central Park, NY

As of June 20, 2025 the best value apartment in the Central Park area is the $6.50 price per square foot 3 Bedroom 2 Bath Model at 120 West 97th Street in the in the Uptown neighborhood starting from $8,100. The second greatest value Central Park apartment is the 2 Bed / 2 Bath Model at 166 East 88th Street starting at $5,900 with a $5.90 price per square foot in the Upper East Side neighborhood. Here is today’s list of the best values for Central Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
120 West 97th Street3 Bedroom 2 Bath3BR,2BA$6.50
166 East 88th Street2 Bed / 2 Bath2BR,2BA$5.90
1415 Second Ave3BR/2BA3BR,2BA$6.08
1413 Second Ave3BR/2BA3BR,2BA$6.08
160 E 95th St, Unit 3A160 E 95th St3BR,1BA$5.50
152 E 79th St, Unit 2f152 E 79th St2BR,2BA$7.33
Claridge House1 Bedroom / 1 Bathroom1BR,1BA$6.41
257 W 97th St, Unit 2FL257 W 97th St1BR,1BA$6.00
305 E 72nd St, Unit 3-NL305 E 72nd St1BR,1BA$4.62
The Highgate1 Bedroom / 1 Bathroom1BR,1BA$7.19

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central Park, New York, NY

Ranked #106

Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Central Park Neighborhood in New York, NY

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

100 / 100

Rider’s Paradise

World-class public transportation

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Central Park Apartments

What is a cheap apartment in Central Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Park is under $4,200.

What is the price of a cheap apartment in Central Park?

The cheapest apartment in Central Park is 1567 2nd Ave which is listed at $2,800, while the average apartment in Central Park costs $5,915.

What types of apartments are the cheapest in Central Park?

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 2 regular apartments in Central Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Central Park?

Cheap apartments in Central Park have an average cost of $1,250 which is $4,665 cheaper than the average rent for all rentals in Central Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Written by: Joshua Carlucci

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Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.