Cheap Apartments for Rent in the East Village Neighborhood of New York, NY from $1,200 (106 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Village 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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14 St Marks Pl
Studio Apartments

14 St Marks Pl

14 St Marks PlNew York, NY 10003
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166 Suffolk St
Studio to 1 Bedroom Apartments

166 Suffolk St

166 Suffolk StNew York, NY 10002
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314 E 6th St
Studio Apartments

314 E 6th St

314 E 6th StNew York, NY 10003
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136 Orchard St
1 Bedroom Apartments

136 Orchard St

136 Orchard StNew York, NY 10002
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153 Avenue C
Studio to 1 Bedroom Apartments

153 Avenue C

153 Avenue CNew York, NY 10009
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211 East 5th Street
Studio to 1 Bedroom Apartments

211 East 5th Street

211 E 5th StNew York, NY 10003
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528 E 13th St
Studio to 1 Bedroom Apartments

528 E 13th St

528 E 13th StNew York, NY 10009
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522-524 E 11th St
1 to 4 Bedroom Apartments

522-524 E 11th St

522-524 E 11th StNew York, NY 10009

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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326 E 6th St
Studio Apartments

326 E 6th St

326 E 6th StNew York, NY 10003
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151 Orchard St
Studio Apartments

151 Orchard St

151 Orchard StNew York, NY 10002
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104 Suffolk Street
1 Bedroom Apartments

104 Suffolk Street

104 Suffolk StNew York, NY 10002
Student Housing
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67 Pitt St
1 Bedroom Apartments

67 Pitt St

67 Pitt StNew York, NY 10002
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324 E 6th St
Studio Apartments

324 E 6th St

324 E 6th StNew York, NY 10003
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The Liane
Studio to 1 Bedroom Apartments

The Liane

315 E 21st StNew York, NY 10010
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244 E. Houston
Studio to 3 Bedroom Apartments

244 E. Houston

244 E Houston StNew York, NY 10002

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.

East Village, New York, NY Local Guide

Cheapest Available East Village Apartments for Rent

 

The cheapest available apartment rental in the East Village area of New York, NY is a Studio unit found at The East priced from $4,095. 516 East 5th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $4,500. Here are the most affordable East Village apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The EastStudio #909Studio,1BA$4,095
516 East 5th Street516 EAST 5TH STREET - 2 BR / 1.5 BATH / DUPLEX ...2BR,1BA$4,500
Village Mayfair ApartmentsStudioStudio,1BA$4,500
218 East 6th Street218 EAST 6TH STREET - 2 BR / 2 BATH / DUPLEX / ...2BR,2BA$4,510
StuyTown1BMNS1BR,1BA$5,151
68 E First St2BR/1BA2BR,1BA$5,250

Best Value Apartments for Rent in East Village, NY

As of May 22, 2026 the best value apartment in the East Village area is the $5.25 price per square foot 2BR/1BA Model at 68 E First St in the in the Gramercy-Flatiron neighborhood starting from $5,250. The second greatest value East Village apartment is the 206 E 16th St Model at 206 E 16th St starting at $9,500 with a $10.56 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for East Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
68 E First St2BR/1BA2BR,1BA$5.25
206 E 16th St206 E 16th St3BR,2BA$10.56
160 2nd Ave160 2nd Ave2BR,2BA$7.93
StuyTown2BCJS2BR,1BA$8.32
406 E 13th St406 E 13th St3BR,1BA$9.42
64 E 3rd St64 E 3rd St3BR,1.5BA$12.36
Village Mayfair ApartmentsStudioStudio ,1BA$9.00
66 E 1st St66 E 1st StStudio ,1BA$6.40
The East1 Bedroom #15041BR,1BA$11.85
516 East 5th Street516 EAST 5TH STREET - 2 BR / 1.5 BATH / DUPLEX ...2BR,1.5BA$11.25

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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Pet Friendly Lifestyle
East Village, New York, NY

Ranked #14

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap East Village Apartments

What is the Cheapest Studio apartment in East Village?

Currently the most affordable Cheap Studio Apartment in East Village is at The East listed at $4,095.

How much is rent for a Cheap One Bedroom East Village Apartment?

The lowest price for a Cheap One Bedroom East Village Apartment is $5,110 at The East.

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

Today's best deal for a Cheap Two Bedroom Apartment in East Village is starting from $4,500 at 516 East 5th Street.

What is the most affordable East Village Three Bedroom Apartment?

The best deal on a cheap East Village Three Bedroom Apartment rental is at StuyTown and starts from $7,400.

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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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.

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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.

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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.

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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.