Cheap Homes for Rent in Governors Island Neighborhood of New York, NY from $1,300 (28 Rentals)

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

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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. Webster Apartments- ALL WOMENS HOUSING has the second lowest priced unit, which is a Studio apartment currently listed from $2,000. 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
Webster Apartments- ALL WOMENS HOUSINGStudio: SingleStudio,1BA$2,000
AtlasS1Studio,1BA$2,532
The AddisonStudio 1 bathStudio,1BA$2,745
70 GreeneStudioStudio,1BA$2,896
The Bergen0 Bed 1 BathStudio,1BA$3,041
260 Gold15 Line 1 Bed 1 Bath1BR,1BA$3,126
499 President Gowanus Apartments418Studio,1BA$3,182

Best Value Apartments for Rent in Governors Island, NY

As of July 31, 2025 the best value apartment in the Governors Island area is the $2.90 price per square foot 301 Van Brunt St Model at 301 Van Brunt St, Unit Garden in the in the Red Hook neighborhood starting from $4,250. The second greatest value Governors Island apartment is the 2 br - 2ba Model at 225 Grand starting at $4,766 with a $3.91 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.
301 Van Brunt St, Unit Garden301 Van Brunt St1BR,1BA$2.90
225 Grand2 br - 2ba2BR,2BA$3.91
Warren at York by WindsorB102BR,2BA$4.77
354 Butler St, Unit Studio354 Butler StStudio ,1BA$2.11
304 6th St, Unit 3304 6th St1BR,1BA$3.89
138 9th St, Unit Roommate138 9th St1BR,1BA$1.17
331 16th St, Unit Apt 1331 16th St2BR,1BA$4.12
Liberty TowersA21BR,1BA$5.14
Windsor at Liberty HouseAsbury1BR,1BA$4.97
The Gotham1 Bed 1 Bath F1BR,1BA$4.87

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Frequently Asked Questions about Governors Island

What type of rentals are currently available in Governors Island?

There are currently 4604 Apartments for Rent in Governors Island, NY with pricing that ranges from $1,050 to $21,750. There are also 628 Single Family Homes for rent, Condos, and Townhome rentals currently available in Governors Island ranging from $1,310 to $53,500.

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 $1,310 to $53,500 with an average monthly rent of $6,560.

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 $1,050 to $17,042, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $29,500. Four Bedroom Single-Family rentals are also available starting from $6,995 and Four Bedroom Apartments start at $6,950.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.