
Cheap Apartments for Rent in the Governors Island Neighborhood of New York, NY from $900 (112 Rentals)
Search the lowest-cost Apartments available for rent right now in the Governors Island area of New York.


Modern ROOM at The Monroe House, Unit 2

Adorable ROOM at The Monroe House, Unit 3

Adorable ROOM at The Monroe House, Unit 1

Modern ROOM at The Monroe House, Unit 3

Adorable ROOM at The Monroe House, Unit 2

Modern ROOM at The Monroe House, Unit 5

Modern ROOM at The Monroe House, Unit 1

Adorable ROOM at The Monroe House, Unit 4

Modern ROOM at The Monroe House, Unit 4
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Room in Shared 3 bed/1 bath home in Lower East Side, Unit B

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

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

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

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

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

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

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

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

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

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

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

20 West St, Unit 17A

383 Grand St, Unit 404

116 John St

111 Mott St

Fulton Plaza Apartments

Post Towers

111 Mulberry St
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67 Mott St

28 Allen St

19 Orchard St

126 E Broadway

88 Fulton St

191 Henry

28 Orchard St

78-80 Mulberry St

72 Forsyth St

41 Henry St
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178 Clinton Street

37 Catherine St

99 John St

19 Eldridge St

110 John Street

174 Canal Street

257Clinton

160 Front St

33 Henry St

The Cove Club
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Governors Island, New York, NY Local Guide

How much does it cost to rent an apartment in Governors Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Governors Island Studio Apartments | $4,110 | $1,975 | $9,233 |
| Governors Island 1 Bedroom Apartments | $4,776 | $1,297 | $10,000+ |
| Governors Island 2 Bedroom Apartments | $6,196 | $2,200 | $10,000+ |
| Governors Island 3 Bedroom Apartments | $7,012 | $3,850 | $10,000+ |
| Governors Island 4 Bedroom Apartments | $9,636 | $6,495 | $10,000+ |
| Governors Island 5 Bedroom Apartments | $12,550 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 112 rentals with your search options within a 2 mile radius of the Governors Island Neighborhood of New York, NY.
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Governors Island, New York, NY Local Guide
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Cheapest Available Governors Island Apartments for Rent
 The cheapest available apartment rental in the Governors Island area of New York, NY is a Studio unit found at 295J priced from $2,228. FOUND Study Brooklyn Heights has the second lowest priced unit, which is a Studio apartment currently listed from $2,650. Here are the most affordable Governors Island apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 295J | Studio B | Studio,1BA | $2,228 |
| FOUND Study Brooklyn Heights | Single - Studio | Studio,1BA | $2,650 |
| 224 3rd Ave | Studio | Studio,1BA | $2,933 |
| 22 Chapel St | Studio | Studio,1BA | $3,100 |
| Lenox | S4 | Studio,1BA | $3,136 |
| The Addison | Studio 1 bath | Studio,1BA | $3,162 |
| Webster Apartments- ALL WOMENS HOUSING | Studio: Double | Studio,1BA | $3,175 |
| 260 Gold | 08 Line 0 Bed 1 Bath | Studio,1BA | $3,175 |
Best Value Apartments for Rent in Governors Island, NY
As of August 03, 2026 the best value apartment in the Governors Island area is the $5.27 price per square foot 3 Bedroom Model at THE FLEET in the in the Downtown Brooklyn neighborhood starting from $7,900. The second greatest value Governors Island apartment is the 2 bed 2 bath Model at 18 Park starting at $4,595 with a $4.69 price per square foot in the Pavonia neighborhood. Here is today’s list of the best values for Governors Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| THE FLEET | 3 Bedroom | 3BR,2BA | $5.27 |
| 18 Park | 2 bed 2 bath | 2BR,2BA | $4.69 |
| 143 Sussex St, Unit Apt. #3 | 143 Sussex St | 1BR,1BA | $4.00 |
| 412A 17th St, Unit duplex | 412A 17th St | 1BR,1.5BA | $5.44 |
| 138 9th St, Unit Two bedroom apartment | 138 9th St | 2BR,1BA | $2.44 |
| Atlas | A4 | 1BR,1BA | $4.55 |
| Warren at York by Windsor | A4 | 1BR,1BA | $5.20 |
| Liberty Towers | S1 | Studio ,1BA | $5.07 |
| 270 Marin Blvd, Unit 14Q | 270 Marin Blvd | Studio ,1BA | $4.50 |
| 295J | Studio B | Studio ,1BA | $5.28 |
The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
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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
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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 Governors Island, New York, NY
Ps 15 Patrick F Daly
School data provided by Great Schools
Frequently Asked Questions about Cheap Governors Island Apartments
What is a cheap apartment in Governors Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Governors Island is under $3,175.
What is the price of a cheap apartment in Governors Island?
The cheapest apartment in Governors Island is 295J which is listed at $3,052, while the average apartment in Governors Island costs $4,635.
What types of apartments are the cheapest in Governors Island?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Governors Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Governors Island?
Cheap apartments in Governors Island have an average cost of $248 which is $4,387 cheaper than the average rent for all rentals in Governors Island.
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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