Cheap Apartments for Rent in the Governors Island Neighborhood of New York, NY from $1,000 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Governors Island area of New York.
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155 Sussex St
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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 | $3,546 | $1,675 | $9,300 |
| Governors Island 1 Bedroom Apartments | $4,258 | $1,050 | $10,000+ |
| Governors Island 2 Bedroom Apartments | $5,656 | $2,500 | $10,000+ |
| Governors Island 3 Bedroom Apartments | $6,342 | $3,200 | $9,999 |
| Governors Island 4 Bedroom Apartments | $9,560 | $6,495 | $10,000+ |
| Governors Island 5 Bedroom Apartments | $9,397 | $8,695 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 31 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 1 Bed unit found at EHS St George Towers priced from $1,500. 295J has the second lowest priced unit, which is a Studio apartment currently listed from $2,298. Here are the most affordable Governors Island apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| EHS St George Towers | Shared Triple Room | 1BR,1BA | $1,500 |
| 295J | Studio B | Studio,1BA | $2,298 |
| Atlas | S1 | Studio,1BA | $2,437 |
| 235 Grand | Studio | Studio,1BA | $2,785 |
| 70 Greene | Studio | Studio,1BA | $2,803 |
| Vantage Collection | Studio1 Bath-E11 | Studio,1BA | $2,822 |
| 225 Grand | Studio | Studio,1BA | $2,830 |
| 18 Park | Studio | Studio,1BA | $2,905 |
Best Value Apartments for Rent in Governors Island, NY
As of November 24, 2025 the best value apartment in the Governors Island area is the $3.89 price per square foot 143 Sussex St Model at 143 Sussex St, Unit Apt. #4 in the in the Pavonia neighborhood starting from $3,500. The second greatest value Governors Island apartment is the 354 Butler St Model at 354 Butler St, Unit Studio starting at $1,900 with a $2.11 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. |
|---|---|---|---|
| 143 Sussex St, Unit Apt. #4 | 143 Sussex St | 1BR,1BA | $3.89 |
| 354 Butler St, Unit Studio | 354 Butler St | Studio ,1BA | $2.11 |
| 138 9th St, Unit Roommate | 138 9th St | 1BR,1BA | $1.17 |
| 1 Greene St | 1 Greene St | 1BR,1BA | $3.72 |
| 130 Water St, Unit 9C | 130 Water St | 1BR,1BA | $4.93 |
| Warren at York by Windsor | A6 | 1BR,1BA | $4.80 |
| Windsor at Liberty House | Alexander | 1BR,1BA | $4.85 |
| The Gotham | 1 Bed 1 Bath A | 1BR,1BA | $4.97 |
| 18 Park | Studio | Studio ,1BA | $4.52 |
| 225 Grand | Studio | Studio ,1BA | $4.43 |
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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleGovernors Island, New York, NY
Ranked #7
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Governors Island, New York, NY
Ps 15 Patrick F Daly
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across New York including Governors Island, New York, and the greater New York City area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Getting Around the Governors Island Neighborhood in New York, NY
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
63 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Governors Island Apartments
What is the Cheapest Studio apartment in Governors Island?
Currently the most affordable Cheap Studio Apartment in Governors Island is at 295J listed at $2,298.
How much is rent for a Cheap One Bedroom Governors Island Apartment?
The lowest price for a Cheap One Bedroom Governors Island Apartment is $1,500 at EHS St George Towers.
What is the lowest price for a Cheap Two Bedroom Governors Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Governors Island is starting from $3,830 at 295J.
What is the most affordable Governors Island Three Bedroom Apartment?
The best deal on a cheap Governors Island Three Bedroom Apartment rental is at 295J and starts from $4,199.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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