Cheap Apartments for Rent in the Governors Island Neighborhood of New York, NY from $1,200 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
116 John St
Studio to 2 Bedroom Apartments

116 John St

1 Platt StNew York, NY 10038
  • Utilities Included
close
View Me
111 Mott St
1 Bedroom Apartments

111 Mott St

111 Mott StNew York, NY 10013
close
View Me
Post Towers
Studio to 3 Bedroom Apartments

Post Towers

71 West StNew York, NY 10006
  • Utilities Included
close
View Me
111 Mulberry St
Studio to 1 Bedroom Apartments

111 Mulberry St

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

67 Mott St

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

28 Allen St

28 Allen StNew York, NY 10002
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
19 Orchard St
1 to 3 Bedroom Apartments

19 Orchard St

19 Orchard StNew York, NY 10002
close
View Me
126 E Broadway
1 Bedroom Apartments

126 E Broadway

126 E BroadwayNew York, NY 10002
  • Utilities Included
close
View Me
88 Fulton St
1 Bedroom Apartments

88 Fulton St

88 Fulton StNew York, NY 10038
  • Utilities Included
close
View Me
191 Henry
1 Bedroom Apartments

191 Henry

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

28 Orchard St

28 Orchard StNew York, NY 10002
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
90 Sands
Studio to 1 Bedroom Apartments

90 Sands

90 Sands StBrooklyn, NY 11201
close
View Me
109 Joralemon St
Studio Apartments

109 Joralemon St

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

288 Clinton St

288 Clinton StBrooklyn, NY 11201
close
View Me
323 Pine
1 Bedroom Apartments

323 Pine

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

Brooklyn Heights

138 Joralemon StBrooklyn, NY 11201
close
View Me
75 Pineapple St
Studio Apartments

75 Pineapple St

75 Pineapple StBrooklyn, NY 11201
  • Utilities Included
close
View Me
537 Clinton St
1 Bedroom Apartments

537 Clinton St

537 Clinton StBrooklyn, NY 11231
close
View Me
430 13th St
Studio to 3 Bedroom Apartments

430 13th St

430 13th StBrooklyn, NY 11215
  • Utilities Included
close
View Me
269 Henry St
Studio Apartments

269 Henry St

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

Andy's Place

215 20th StBrooklyn, NY 11232
  • Utilities Included

New York's Best Affordable Neighborhoods

Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci

Read Article
Showing Results 1-50, Page 1 of 2

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 St George Towers priced from $1,500. The Montgomery has the second lowest priced unit, which is a Studio apartment currently listed from $2,271. Here are the most affordable Governors Island apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
St George TowersShared Triple Room1BR,1BA$1,500
The MontgomeryNStudio,1BA$2,271
295JStudio BStudio,1BA$2,555
70 GreeneStudioStudio,1BA$2,913
AtlasA21BR,1BA$2,954
LenoxS4Studio,1BA$2,963
Vantage CollectionStudio1 Bath-E6Studio,1BA$3,075

Best Value Apartments for Rent in Governors Island, NY

As of June 08, 2025 the best value apartment in the Governors Island area is the $2.94 price per square foot 177 YORK St Model at 177 YORK St, Unit 2 in the in the Pavonia neighborhood starting from $2,650. The second greatest value Governors Island apartment is the 354 Butler St Model at 354 Butler St, Unit New 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.
177 YORK St, Unit 2177 YORK St2BR,1BA$2.94
354 Butler St, Unit New354 Butler StStudio ,1BA$2.11
AtlasA41BR,1BA$4.55
Warren at York by WindsorA31BR,1BA$4.99
Windsor at Liberty HouseAlexander1BR,1BA$4.66
218 York St, Unit 2218 York St1BR,1BA$4.07
Liberty TowersS1Studio ,1BA$5.23
The Gotham1 Bed 1 Bath A1BR,1BA$4.97
635 4th Avenue1 Bedroom / 1 Bathroom1BR,1BA$5.30
The MontgomeryAStudio ,1BA$5.31

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Governors Island, New York, NY

Ranked #21

Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Governors Island, New York, NY

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 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 $3,075.

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

The cheapest apartment in Governors Island is St George Towers which is listed at $1,500, while the average apartment in Governors Island costs $10,997.

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 11 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 $156 which is $10,841 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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in New York City article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.