
Cheap Apartments for Rent in the Chelsea Neighborhood of New York, NY from $1,400 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chelsea area of New York.


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

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

Room in Shared 5 bed/1 bath home, Unit 3C

Room in Shared 5 bed/1 bath home, Unit B

Room in Shared 5 bed/1 bath home, Unit 5D

Room in Shared 5 bed/1 bath home, Unit 3B

Room in Shared 5 bed/1 bath home, Unit E

EHS Hudson Yards Campus

Room in Shared 4 bed/1 bath home, Unit C
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 B

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

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

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

Room in Shared 5 bed/1 bath home, Unit D

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

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

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

Room in Shared 5 bed/1 bath home, Unit A

Room in Shared 4 bed/1 bath home, Unit 2C
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.

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

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

Room in Shared 5 bed/1 bath home, Unit 3D

Room in Shared 4 bed/1 bath home, Unit 2A

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

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

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

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

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

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

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

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

1701717 W 23rd St

310 West Cozy

238 W 20th St

328 W 44TH ST

329 W 14th St

106 W 13th St

The York
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.

237 West 18th Street

21 East 21st Street

241 West 13th Street

The Lewis

508 Ninth Ave

601 10TH AVE

336 W 19th St

200 west 21st

131-133 W 15th St

447 W 37th St
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

How much does it cost to rent an apartment in Chelsea?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chelsea Studio Apartments | $4,831 | $3,000 | $8,000 |
| Chelsea 1 Bedroom Apartments | $6,743 | $1,900 | $10,000+ |
| Chelsea 2 Bedroom Apartments | $9,499 | $4,200 | $10,000+ |
| Chelsea 3 Bedroom Apartments | $8,894 | $5,890 | $10,000+ |
| Chelsea 4 Bedroom Apartments | $9,050 | $7,504 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Chelsea Neighborhood of New York, NY.
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Chelsea, New York, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| EHS Hudson Yards Campus | Single Occupancy Room | 1BR,1BA | $1,950 |
| 420 W 42nd St | Studio | Studio,1BA | $3,500 |
| 360 West 43rd Street | S14F | Studio,1BA | $3,695 |
| 576 9th Ave | Flex 2 | 1BR,1BA | $3,995 |
| Riverbank | M Line Floors 3-11 (1 Bed) | 1BR,1BA | $4,255 |
| The Epic | S02 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 442 W 44th St | 442 W 44th St | 3BR,2BA | $6.45 |
| FOUND Study Chelsea- Student/Intern | Shared Double Room in 3B2B | 3BR,1BA | $2.44 |
| 576 9th Ave | Flex 2 | 1BR,1BA | $4.99 |
| OHM | 1 Bedroom, 1 Bath | 1BR,1BA | $7.05 |
| EOS | 1 Bedroom / 1 Bathroom | 1BR,1BA | $7.77 |
| Riverbank | M Line Floors 3-11 (1 Bed) | 1BR,1BA | $8.29 |
| 350 W 46th St | 350 W 46th St | Studio ,1BA | $7.00 |
| 524 9th Ave | 524 9th Ave | Studio ,1BA | $7.60 |
| 420 W 42nd St | Studio | Studio ,1BA | $7.78 |
| 207 W 20th St, Unit 2A | 207 W 20th St | Studio ,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.
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.
Best Local Schools in Chelsea, New York, NY
School data provided by Great Schools
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

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

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.

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.

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.

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.