Cheap Homes for Rent in Central Park Neighborhood of New York, NY from $1,400 (83 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article

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

Read Article
Showing Results 1-50, Page 1 of 2

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 4 Beds unit found at The Reserve priced from $1,860. The Grand has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,539. Here are the most affordable Central Park apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The Reserve4 Bed 2 Bath - D4BR,2BA$1,860
The GrandA021BR,1BA$2,539
175 West 87th StreetStudioStudio,1BA$2,550
1567 2nd Ave1 Bed, 1 bath1BR,1BA$2,800
152 E 84th StStudioStudio,1BA$2,800
River Club ApartmentsCarteret1BR,1BA$2,919

Best Value Apartments for Rent in Central Park, NY

As of May 10, 2025 the best value apartment in the Central Park area is the $4.94 price per square foot Belon Model at The Oyster in the in the Upper East Side neighborhood starting from $6,000. The second greatest value Central Park apartment is the 4 Bed 2 Bath - G Model at The Reserve starting at $1,895 with a $1.75 price per square foot in the Uptown 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.
The OysterBelon2BR,2BA$4.94
The Reserve4 Bed 2 Bath - G4BR,2BA$1.75
166 East 88th Street2 Bed / 2 Bath2BR,2BA$5.90
792 Columbus AvenueJr 4 / 1 Bathroom1BR,1BA$6.03
600 Columbus Ave, Unit FL3-ID1558600 Columbus Ave1BR,1BA$6.05
River Club ApartmentsCarteret1BR,1.5BA$3.66
450 E 78th St, Unit 4H450 E 78th St2BR,1BA$4.90
The GrandA011BR,1BA$3.74
341 E 79th St, Unit 5A341 E 79th StStudio ,1BA$6.00
1420 York Ave, Unit Apt 5O1420 York Ave1BR,1BA$6.22

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Central Park

What type of rentals are currently available in Central Park?

There are currently 4748 Apartments for Rent in Central Park, NY with pricing that ranges from $1,375 to $34,660. There are also 288 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Park ranging from $1,400 to $50,000.

What is the current price range for Rental Homes in Central Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Park ranges from $1,400 to $50,000 with an average monthly rent of $16,284.

How much are larger Three and Four Bedroom Rentals in Central Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Park range from $1,425 to $18,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,350 to $19,500. Four Bedroom Single-Family rentals are also available starting from $8,250 and Four Bedroom Apartments start at $1,450.

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.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.