Cheap Homes for Rent in the Governors Island Neighborhood of New York, NY from $1,400 (33 Rentals)

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

property at 99 Hudson St

$1,499 - $8,500

1 To 2 Bedroom Rentals

Available Now

99 Hudson St

Jersey CityNJ07302

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.

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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.

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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.

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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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Showing Results 1-33, Page 1 of 1

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 Studio unit found at 295J priced from $2,342. 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 ListingModel NameBed/BathPriced From
295JStudio BStudio,1BA$2,342
FOUND Study Brooklyn HeightsSingle - StudioStudio,1BA$2,650
235 GrandStudioStudio,1BA$3,085
22 Chapel StStudioStudio,1BA$3,100
146 Sussex St1 Beds, 1 Baths1BR,1BA$3,100
LenoxS4Studio,1BA$3,140
Webster Apartments- ALL WOMENS HOUSINGStudio: DoubleStudio,1BA$3,175
WestmarkStudioStudio,1BA$3,231

Best Value Apartments for Rent in Governors Island, NY

As of July 09, 2026 the best value apartment in the Governors Island area is the $5.27 price per square foot 3 Bedroom Model at 104 Fleet Pl in the in the Downtown Brooklyn neighborhood starting from $7,900. The second greatest value Governors Island apartment is the 2 br - 2ba Model at 225 Grand starting at $4,830 with a $3.96 price per square foot in the Pavonia 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.
104 Fleet Pl3 Bedroom3BR,2BA$5.27
225 Grand2 br - 2ba2BR,2BA$3.96
18 Park2 bed 2 bath2BR,2BA$4.69
Windsor at Liberty HouseAsbury Penthouse2BR,2BA$5.27
138 9th St, Unit Two bedroom apartment138 9th St2BR,1BA$2.44
Liberty TowersA21BR,1BA$4.86
AtlasA41BR,1BA$4.64
Warren at York by WindsorA41BR,1BA$5.25
QuinnA1A1BR,1BA$5.21
270 Marin Blvd, Unit 14Q270 Marin BlvdStudio ,1BA$4.50

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.

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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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A 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

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Real 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.

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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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Best Local Schools in
Governors Island, New York, NY

School data provided by Great Schools

Frequently Asked Questions about Governors Island

What type of rentals are currently available in Governors Island?

There are currently 4654 Apartments for Rent in Governors Island, NY with pricing that ranges from $1,297 to $17,070. There are also 524 Single Family Homes for rent, Condos, and Townhome rentals currently available in Governors Island ranging from $1,450 to $21,200.

What is the current price range for Rental Homes in Governors Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Governors Island ranges from $1,450 to $21,200 with an average monthly rent of $4,607.

How much are larger Three and Four Bedroom Rentals in Governors Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Governors Island range from $2,800 to $15,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,860 to $20,250. Four Bedroom Single-Family rentals are also available starting from $5,650 and Four Bedroom Apartments start at $6,495.

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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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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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.

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The Local NYC Expert's 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.

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The Unofficial NYC Playbook: An Insider's 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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.

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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.