
Cheap Apartments for Rent in the Central Park Neighborhood of New York, NY from $1,000 (123 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Park area of New York.


Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 5 bed/2 bath home, Unit B

Room in Shared 5 bed/2 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit B

Welcoming ROOM at The Parkside House, Unit 2

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 4 bed/2 bath home, Unit D

Room in Shared 4 bed/2 bath home, Unit D
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Room in Shared 4 bed/1 bath home, Unit A

Welcoming ROOM at The Parkside House, Unit 3

Welcoming ROOM at The Parkside House, Unit 1

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 4 bed/1.5 bath home, Unit D

Room in Shared 3 bed/2 bath home, Unit A

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/2 bath home, Unit C

Room in Shared 4 bed/2 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit A
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.

Contemporary ROOM at The Lexington House, Unit 1

Amazing ROOM at The Lexington House, Unit 1

Contemporary ROOM at The Lexington House, Unit 1

Enchanting ROOM at The Lexington House, Unit 1

Room in Shared 6 bed/3 bath home, Unit B

Room in Shared 3 bed/2 bath home, Unit B

Room in Shared 5 bed/2 bath home, Unit E

Room in Shared 6 bed/3 bath home, Unit C

Room in Shared 6 bed/3 bath home, Unit E

Room in Shared 3 bed/2 bath home, Unit B
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.

Room in Shared 4 bed/2 bath home, Unit A

Room in Shared 6 bed/3 bath home, Unit E

Room in Shared 3 bed/1 bath home, Unit A

Room in Shared 5 bed/2 bath home, Unit A

Adorable ROOM at The Lexington House, Unit 2

Room in Shared 5 bed/2 bath home, Unit B

Room in Shared 5 bed/2 bath home, Unit C

Room in Shared 3 bed/2 bath home, Unit A

Room in Shared 6 bed/3 bath home, Unit C

Room in Shared 6 bed/3 bath home, Unit B
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.

Room in Shared 3 bed/1 bath home, Unit A

Room in Shared 5 bed/2 bath home, Unit D

Room in Shared 6 bed/3 bath home, Unit D

Room in Shared 3 bed/1 bath home, Unit C

Welcoming ROOM at The Parkside House, Unit 4

Room in Shared 3 bed/2 bath home, Unit A

Room in Shared 6 bed/3 bath home, Unit A

Room in Shared 3 bed/2 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit C
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.
Central Park, New York, NY Local Guide

How much does it cost to rent an apartment in Central Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Park Studio Apartments | $4,113 | $2,850 | $8,703 |
| Central Park 1 Bedroom Apartments | $5,468 | $3,195 | $9,610 |
| Central Park 2 Bedroom Apartments | $7,716 | $3,557 | $10,000+ |
| Central Park 3 Bedroom Apartments | $9,807 | $5,354 | $10,000+ |
| Central Park 4 Bedroom Apartments | $11,432 | $7,995 | $10,000+ |
| Central Park 5 Bedroom Apartments | $9,375 | $9,375 | $9,375 |
Browse Apartments in this Neighborhood
There are currently 123 rentals with your search options within a 2 mile radius of the Central Park Neighborhood of New York, NY.
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Central Park, New York, NY Local Guide
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Cheapest Available Central Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1567 2nd Ave | Studio, 1 bath | Studio,1BA | $2,850 |
| The York | Studio | Studio,1BA | $3,379 |
Best Value Apartments for Rent in Central Park, NY
As of May 21, 2026 the best value apartment in the Central Park 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 Central Park apartment is the 117 W 87th St Model at 117 W 87th St starting at $6,900 with a $6.90 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 111 E 89th St | 111 E 89th St | 3BR,2BA | $6.07 |
| 117 W 87th St | 117 W 87th St | 3BR,2BA | $6.90 |
| 122 W 76th St, Unit 1B | 122 W 76th St | 1BR,1BA | $4.63 |
| The Wellesley | 1 Bedroom / 1 Bathroom | 1BR,1BA | $7.62 |
| 341 E 79th St | 341 E 79th St | 2BR,1BA | $7.67 |
| 252-254 E 74th St | STUDIO | Studio ,1BA | $7.00 |
| 440 E 79th St | 440 E 79th St | Studio ,1BA | $7.00 |
| 141 W 78th St | 141 W 78th St | Studio ,1BA | $7.36 |
| 164 W 88th St | 164 W 88th St | Studio ,1BA | $7.33 |
| 350 E 81st St | 350 E 81st St | Studio ,1BA | $7.54 |
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 ArticleDon'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.
Read ArticleA 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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleCentral Park, New York, NY
Ranked #22
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Central Park Apartments
What is the Cheapest Studio apartment in Central Park?
Currently the most affordable Cheap Studio Apartment in Central Park is at 1567 2nd Ave listed at $2,850.
How much is rent for a Cheap One Bedroom Central Park Apartment?
The lowest price for a Cheap One Bedroom Central Park Apartment is $3,850 at 1567 2nd Ave.
What is the lowest price for a Cheap Two Bedroom Central Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Park is starting from $4,600 at 1567 2nd Ave.
What is the most affordable Central Park Three Bedroom Apartment?
The best deal on a cheap Central Park Three Bedroom Apartment rental is at 252-254 E 74th St and starts from $5,900.
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.