Adorable ROOM at The Monroe House, Unit 3
355 Tompkins Ave
New YorkNY11221
Cheap Apartments for Rent in the Governors Island Neighborhood of New York, NY from $900 (91 Rentals)
Search the lowest-cost Apartments available for rent right now in the Governors Island area of New York.
Peaceful ROOM at The Monroe House, Unit 2
355 Tompkins Ave
New YorkNY11221
Chic ROOM at The Monroe House, Unit 2
355 Tompkins Ave
New YorkNY11221
Peaceful ROOM at The Monroe House, Unit 3
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 3
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 5
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 2
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 1
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 2
355 Tompkins Ave
New YorkNY11221
Chic ROOM at The Monroe House, Unit 3
355 Tompkins Ave
New YorkNY11221
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.
Modern ROOM at The Monroe House, Unit 1
355 Tompkins Ave
New YorkNY11221
Chic ROOM at The Monroe House, Unit 1
355 Tompkins Ave
New YorkNY11221
Chic ROOM at The Monroe House, Unit 5
355 Tompkins Ave
New YorkNY11221
Peaceful ROOM at The Monroe House, Unit 1
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 5
355 Tompkins Ave
New YorkNY11221
Peaceful ROOM at The Monroe House, Unit 5
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 4
355 Tompkins Ave
New YorkNY11221
Chic ROOM at The Monroe House, Unit 4
355 Tompkins Ave
New YorkNY11221
Peaceful ROOM at The Monroe House, Unit 4
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 4
355 Tompkins Ave
New YorkNY11221
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 3 bed/1 bath home, Unit B
243 East Broadway
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit C
243 East Broadway
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit A
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit A
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit A
243 East Broadway
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit A
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit A
7 Eldridge St
New YorkNY10002
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 A
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit B
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit B
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit B
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home, Unit B
7 Eldridge St
New YorkNY10002
close
View Me
Studio to 2 Bedroom Apartments
116 John St
1 Platt StNew York, NY 10038
close
View Me
1 to 2 Bedroom Apartments
111 Mott St
111 Mott StNew York, NY 10013
close
View Me
1 Bedroom Apartments
Fulton Plaza Apartments
106 Fulton StNew York, NY 10038
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.
close
View Me
Studio to 3 Bedroom Apartments
Post Towers
71 West StNew York, NY 10006
close
View Me
Studio to 1 Bedroom Apartments
111 Mulberry St
111 Mulberry StNew York, NY 10013
close
View Me
1 Bedroom Apartments
67 Mott St
67 Mott StNew York, NY 10013
close
View Me
1 to 3 Bedroom Apartments
19 Orchard St
19 Orchard StNew York, NY 10002
close
View Me
Studio to 1 Bedroom Apartments
126 E Broadway
126 E BroadwayNew York, NY 10002
close
View Me
Studio to 2 Bedroom Apartments
37 Wall Street
37 Wall StNew York, NY 10005
close
View Me
Studio to 3 Bedroom Apartments
88 Fulton St
88 Fulton StNew York, NY 10038
close
View Me
Studio to 2 Bedroom Apartments
191 Henry
191 Henry StNew York, NY 10002
close
View Me
Studio to 2 Bedroom Apartments
28 Orchard St
28 Orchard StNew York, NY 10002
close
View Me
1 to 2 Bedroom Apartments
78-80 Mulberry St
78-80 Mulberry StNew York, NY 10013
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $4,020 | $1,975 | $7,120 |
| Governors Island 1 Bedroom Apartments | $4,739 | $1,297 | $10,000+ |
| Governors Island 2 Bedroom Apartments | $6,297 | $2,200 | $10,000+ |
| Governors Island 3 Bedroom Apartments | $7,086 | $3,000 | $10,000+ |
| Governors Island 4 Bedroom Apartments | $8,787 | $6,495 | $10,000+ |
| Governors Island 5 Bedroom Apartments | $12,550 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 91 rentals with your search options within a 2 mile radius of the Governors Island Neighborhood of New York, NY.
See all Apartments in New YorkExplore New York
Governors Island, New York, NY Local Guide
- Nearby New York neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $2,275. 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 | $2,275 |
| FOUND Study Brooklyn Heights | Single - Studio | Studio,1BA | $2,650 |
| Baltic House | Studio - balcony | Studio,1BA | $3,000 |
| Atlas | A1 | 1BR,1BA | $3,023 |
| 235 Grand | Studio | Studio,1BA | $3,025 |
| 146 Sussex St | 1 Beds, 1 Baths | 1BR,1BA | $3,100 |
| Lenox | S4 | Studio,1BA | $3,135 |
| The Gotham | Studio C with Terrace | Studio,1BA | $3,150 |
Best Value Apartments for Rent in Governors Island, NY
As of June 18, 2026 the best value apartment in the Governors Island area is the $2.44 price per square foot 138 9th St Model at 138 9th St, Unit Two bedroom apartment in the in the Park Slope neighborhood starting from $2,200. The second greatest value Governors Island apartment is the I bed plus 1 bath Model at The Addison starting at $4,085 with a $5.06 price per square foot in the Downtown Brooklyn 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. |
|---|---|---|---|
| 138 9th St, Unit Two bedroom apartment | 138 9th St | 2BR,1BA | $2.44 |
| The Addison | I bed plus 1 bath | 1BR,1BA | $5.06 |
| 225 Grand | 1 br - 1ba | 1BR,1BA | $4.21 |
| Essex Commons | Model A | 1BR,1BA | $4.36 |
| Atlas | A4 | 1BR,1BA | $4.61 |
| Warren at York by Windsor | A3 | 1BR,1BA | $5.31 |
| Quinn | A1A | 1BR,1BA | $5.05 |
| 218 York St, Unit 2 | 218 York St | 1BR,1BA | $4.21 |
| Liberty Towers | S1 | Studio ,1BA | $5.00 |
| 18 Park | 1 bed 1 bath | 1BR,1BA | $5.19 |
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 Article
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.
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.
Let everyone know!
Do you know the Governors Island area?
If you’re an expert on all things Governors Island, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Governors Island, New York, NY
Ps 15 Patrick F Daly
New York City Geographic District 15 Brooklyn
Public School - Grades PK-5 (399)
2 out of 10
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 $3,150.
What is the price of a cheap apartment in Governors Island?
The cheapest apartment in Governors Island is 295J which is listed at $2,944, while the average apartment in Governors Island costs $12,550.
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 $249 which is $12,301 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
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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.