Cheap Apartments for Rent in the Chelsea Neighborhood of New York, NY from $1,400 (62 Rentals)

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

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.

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.

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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310 West Cozy
Studio to 2 Bedroom Apartments

310 West Cozy

310 W 20th StNew York, NY 10011
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238 W 20th St
Studio Apartments

238 W 20th St

238 W 20th StNew York, NY 10011
Student Housing
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328 W 44TH ST
Studio to 1 Bedroom Apartments

328 W 44TH ST

328 W 44th StNew York, NY 10036
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329 W 14th St
Studio to 1 Bedroom Apartments

329 W 14th St

329 W 14th StNew York, NY 10014
Student Housing
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106 W 13th St
Studio to 1 Bedroom Apartments

106 W 13th St

106 W 13th StNew York, NY 10011
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The York
Studio to 2 Bedroom Apartments

The York

488 Seventh AveNew York, NY 10018
Student Housing

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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21 East 21st Street
Studio to 1 Bedroom Apartments

21 East 21st Street

21 E 21st StNew York, NY 10010
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The Lewis
Studio to 2 Bedroom Apartments

The Lewis

411 W 35th StNew York, NY 10001
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508 Ninth Ave
1 Bedroom Apartments

508 Ninth Ave

508 Ninth AveNew York, NY 10018
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601 10TH AVE
Studio to 3 Bedroom Apartments

601 10TH AVE

601-603 10th AveNew York, NY 10036
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336 W 19th St
Studio Apartments

336 W 19th St

336 W 19th StNew York, NY 10011
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200 west 21st
Studio to 1 Bedroom Apartments

200 west 21st

200-202 W 21st StNew York, NY 10011
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131-133 W 15th St
Studio Apartments

131-133 W 15th St

131-133 W 15th StNew York, NY 10011
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447 W 37th St
1 to 3 Bedroom Apartments

447 W 37th St

447 W 37th StNew York, NY 10018
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Chelsea, New York, NY Local Guide

Cheapest Available Chelsea Apartments for Rent

 

The cheapest available apartment rental in the Chelsea area of New York, NY is a 1 Bed unit found at EHS Hudson Yards Campus priced from $1,950. 420 W 42nd St has the second lowest priced unit, which is a Studio apartment currently listed from $3,500. Here are the most affordable Chelsea apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
EHS Hudson Yards CampusSingle Occupancy Room1BR,1BA$1,950
420 W 42nd StStudioStudio,1BA$3,500
360 West 43rd StreetS14FStudio,1BA$3,695
576 9th AveFlex 21BR,1BA$3,995
RiverbankM Line Floors 3-11 (1 Bed)1BR,1BA$4,255
The EpicS02Studio,1BA$4,495

Best Value Apartments for Rent in Chelsea, NY

As of July 05, 2026 the best value apartment in the Chelsea area is the $6.45 price per square foot 442 W 44th St Model at 442 W 44th St in the in the West Side neighborhood starting from $7,100. The second greatest value Chelsea apartment is the Shared Double Room in 3B2B Model at FOUND Study Chelsea- Student/Intern starting at $2,200 with a $2.44 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Chelsea apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
442 W 44th St442 W 44th St3BR,2BA$6.45
FOUND Study Chelsea- Student/InternShared Double Room in 3B2B3BR,1BA$2.44
576 9th AveFlex 21BR,1BA$4.99
OHM1 Bedroom, 1 Bath1BR,1BA$7.05
EOS1 Bedroom / 1 Bathroom1BR,1BA$7.77
RiverbankM Line Floors 3-11 (1 Bed)1BR,1BA$8.29
350 W 46th St350 W 46th StStudio ,1BA$7.00
524 9th Ave524 9th AveStudio ,1BA$7.60
420 W 42nd StStudioStudio ,1BA$7.78
207 W 20th St, Unit 2A207 W 20th StStudio ,1BA$7.76

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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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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Real 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.

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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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across New York and customized analysis for Central New York City. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Chelsea Apartments

What is the Cheapest Studio apartment in Chelsea?

Currently the most affordable Cheap Studio Apartment in Chelsea is at 420 W 42nd St listed at $3,500.

How much is rent for a Cheap One Bedroom Chelsea Apartment?

The lowest price for a Cheap One Bedroom Chelsea Apartment is $1,950 at EHS Hudson Yards Campus.

What is the lowest price for a Cheap Two Bedroom Chelsea Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chelsea is starting from $5,495 at 576 9th Ave.

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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.