
Cheap Apartments for Rent in the Governors Island Neighborhood of New York, NY from $900 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Governors Island area of New York.


111 Mott St

Fulton Plaza Apartments

Post Towers

111 Mulberry St

28 Allen St

67 Mott St

19 Orchard St

126 E Broadway
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88 Fulton St

191 Henry

28 Orchard St

78-80 Mulberry St

354 Butler St

Total Monthly Price
138 9th St, Unit Two bedroom apartment

138-139 9th St

270 Marin Blvd

Douglass Street Apartments
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90 Sands

109 Joralemon St

288 Clinton St

323 Pine

138 Joralemon St

75 Pineapple St

537 Clinton St

430 13th St

269 Henry St
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295J

Andy's Place

358 Henry Street

424 Whiton St Apartments

52 Clark St.

The Montgomery

237eleventh

193 Sackett St

411 17th Street
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The Ashton
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 | $3,832 | $1,975 | $6,800 |
| Governors Island 1 Bedroom Apartments | $4,535 | $1,425 | $10,000+ |
| Governors Island 2 Bedroom Apartments | $5,862 | $2,200 | $10,000+ |
| Governors Island 3 Bedroom Apartments | $6,830 | $2,750 | $10,000+ |
| Governors Island 4 Bedroom Apartments | $8,251 | $6,495 | $10,000+ |
| Governors Island 5 Bedroom Apartments | $10,100 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 37 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 $2,095. Atlas has the second lowest priced unit, which is a Studio apartment currently listed from $2,472. 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 | $2,095 |
| Atlas | S1 | Studio,1BA | $2,472 |
| FOUND Study Brooklyn Heights | Single - Studio | Studio,1BA | $2,650 |
| 225 Grand | Studio | Studio,1BA | $2,835 |
| Baltic House | Studio | Studio,1BA | $2,885 |
| 70 Greene | Studio | Studio,1BA | $2,887 |
| The Brooklyner | Studio B Line floors 5-50 | Studio,1BA | $2,895 |
| The Addison | Studio 1 bath | Studio,1BA | $2,945 |
Best Value Apartments for Rent in Governors Island, NY
As of March 07, 2026 the best value apartment in the Governors Island area is the $5.34 price per square foot $3.92/sq.ft. - 22M Model at 37 Wall Street in the in the Downtown neighborhood starting from $7,300. The second greatest value Governors Island apartment is the Asbury Penthouse Model at Windsor at Liberty House starting at $5,119 with a $5.35 price per square foot in the The Waterfront 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. |
|---|---|---|---|
| 37 Wall Street | $3.92/sq.ft. - 22M | 2BR,2BA | $5.34 |
| Windsor at Liberty House | Asbury Penthouse | 2BR,2BA | $5.35 |
| 138 9th St, Unit Two bedroom apartment | 138 9th St | 2BR,1BA | $2.44 |
| Liberty Towers | A3 | 1BR,1BA | $5.14 |
| Warren at York by Windsor | A6 | 1BR,1BA | $5.08 |
| Quinn | A1A | 1BR,1BA | $5.25 |
| EHS St George Towers | Double as a Single Occupancy Room | Studio ,1BA | $3.98 |
| 225 Grand | Studio | Studio ,1BA | $4.34 |
| 270 Marin Blvd, Unit 4D | 270 Marin Blvd | 1BR,1BA | $4.83 |
| 295J | Studio B | Studio ,1BA | $4.96 |
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
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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 $2,945.
What is the price of a cheap apartment in Governors Island?
The cheapest apartment in Governors Island is 295J which is listed at $2,795, while the average apartment in Governors Island costs $10,100.
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 10 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 $135 which is $9,965 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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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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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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Articles, How-To's, and Tips

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