Cheap Apartments for Rent in the Governors Island Neighborhood of New York, NY from $1,000 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Governors Island area of New York.

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116 John St
Studio to 2 Bedroom Apartments

116 John St

1 Platt StNew York, NY 10038
  • Utilities Included
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111 Mott St
1 to 2 Bedroom Apartments

111 Mott St

111 Mott StNew York, NY 10013
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111 Mulberry St
Studio to 1 Bedroom Apartments

111 Mulberry St

111 Mulberry StNew York, NY 10013
  • Utilities Included
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67 Mott St
1 Bedroom Apartments

67 Mott St

67 Mott StNew York, NY 10013
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28 Allen St
Studio to 1 Bedroom Apartments

28 Allen St

28 Allen StNew York, NY 10002
  • Utilities Included

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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19 Orchard St
1 to 3 Bedroom Apartments

19 Orchard St

19 Orchard StNew York, NY 10002
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126 E Broadway
Studio to 1 Bedroom Apartments

126 E Broadway

126 E BroadwayNew York, NY 10002
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88 Fulton St
Studio to 3 Bedroom Apartments

88 Fulton St

88 Fulton StNew York, NY 10038
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Post Towers
Studio to 3 Bedroom Apartments

Post Towers

71 West StNew York, NY 10006
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191 Henry
Studio to 2 Bedroom Apartments

191 Henry

191 Henry StNew York, NY 10002
  • Utilities Included
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28 Orchard St
Studio to 2 Bedroom Apartments

28 Orchard St

28 Orchard StNew York, NY 10002
  • Utilities Included

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.

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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90 Sands
Studio to 1 Bedroom Apartments

90 Sands

90 Sands StBrooklyn, NY 11201
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109 Joralemon St
Studio Apartments

109 Joralemon St

109 Joralemon StBrooklyn, NY 11201
  • Utilities Included
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288 Clinton St
1 Bedroom Apartments

288 Clinton St

288 Clinton StBrooklyn, NY 11201
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323 Pine
1 to 2 Bedroom Apartments

323 Pine

323-325 Pine StJersey City, NJ 07304
  • Utilities Included
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Brooklyn Heights
Studio to 1 Bedroom Apartments

Brooklyn Heights

138 Joralemon StBrooklyn, NY 11201
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75  Pineapple St
Studio to 2 Bedroom Apartments

75 Pineapple St

75 Pineapple StBrooklyn, NY 11201
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430 13th St
Studio to 3 Bedroom Apartments

430 13th St

430 13th StBrooklyn, NY 11215
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537 Clinton St
1 Bedroom Apartments

537 Clinton St

537 Clinton StBrooklyn, NY 11231
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269 Henry St
Studio to 1 Bedroom Apartments

269 Henry St

269 Henry StBrooklyn, NY 11201
  • Utilities Included
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Andy's Place
1 Bedroom Apartments

Andy's Place

215 20th StBrooklyn, NY 11232
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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358 Henry Street
Studio to 1 Bedroom Apartments

358 Henry Street

358 Henry StBrooklyn, NY 11201
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52 Clark St.
Studio to 2 Bedroom Apartments

52 Clark St.

52 Clark StBrooklyn, NY 11201
  • Utilities Included

Governors Island, New York, NY Local Guide

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. Atlas has the second lowest priced unit, which is a Studio apartment currently listed from $2,619. Here are the most affordable Governors Island apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
EHS St George TowersShared Triple Room1BR,1BA$1,500
AtlasS1Studio,1BA$2,619
The Bergen0 Bed 1 BathStudio,1BA$2,804
225 GrandStudioStudio,1BA$2,940
235 GrandStudioStudio,1BA$3,015
The AddisonStudio 1 bathStudio,1BA$3,105
18 Park1 bed 1 bath1BR,1BA$3,114
One GroveS2Studio,1BA$3,125

Best Value Apartments for Rent in Governors Island, NY

As of October 04, 2025 the best value apartment in the Governors Island area is the $4.91 price per square foot B2 Model at Warren at York by Windsor in the in the Pavonia neighborhood starting from $5,315. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Warren at York by WindsorB22BR,2BA$4.91
354 Butler St, Unit Studio354 Butler StStudio ,1BA$2.11
138 9th St, Unit Roommate138 9th St1BR,1BA$1.17
135 Sussex St, Unit 1135 Sussex St2BR,2BA$4.50
130 Water St, Unit 9C130 Water St1BR,1BA$4.93
The Gotham1 Bed 1 Bath F1BR,1BA$4.98
Windsor at Liberty HouseAlexander1BR,1BA$5.14
18 ParkStudioStudio ,1BA$4.98
225 GrandStudioStudio ,1BA$4.60
295J1 Bedroom B1BR,1BA$5.23

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
Governors Island, New York, NY

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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 $3,125.

What is the price of a cheap apartment in Governors Island?

The cheapest apartment in Governors Island is EHS St George Towers which is listed at $1,500, while the average apartment in Governors Island costs $12,282.

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 13 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 $231 which is $12,051 cheaper than the average rent for all rentals in Governors Island.

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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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.