Cheap Apartments for Rent in the Gramercy-Flatiron Neighborhood of New York, NY from $1,000 (157 Rentals)

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

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.

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.

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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147 E 30th St
Studio to 2 Bedroom Apartments

147 E 30th St

147 E 30th StNew York, NY 10016
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310 West Cozy
Studio to 2 Bedroom Apartments

310 West Cozy

310 W 20th StNew York, NY 10011
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577 2nd Ave
Studio to 3 Bedroom Apartments

577 2nd Ave

577 Second AveNew York, NY 10016
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238 W 20th St
Studio Apartments

238 W 20th St

238 W 20th StNew York, NY 10011
Student Housing
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155 E 30th St
Studio to 2 Bedroom Apartments

155 E 30th St

155 E 30th StNew York, NY 10016
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227 E 28th St
1 Bedroom Apartments

227 E 28th St

227 E 28th StNew York, NY 10016
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314 E 6th St
Studio Apartments

314 E 6th St

314 E 6th StNew York, NY 10003
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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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106 W 13th St
Studio to 1 Bedroom Apartments

106 W 13th St

106 W 13th StNew York, NY 10011
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153 Avenue C
Studio to 1 Bedroom Apartments

153 Avenue C

153 Avenue CNew York, NY 10009
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211 East 5th Street
Studio to 1 Bedroom Apartments

211 East 5th Street

211 E 5th StNew York, NY 10003
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217 East 29th
Studio to 1 Bedroom Apartments

217 East 29th

217 E 29th StNew York, NY 10016
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110 E 36th St
Studio Apartments

110 E 36th St

110 E 36th StNew York, NY 10016
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528 E 13th St
Studio to 1 Bedroom Apartments

528 E 13th St

528 E 13th StNew York, NY 10009
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122 MacDougal St
1 Bedroom Apartments

122 MacDougal St

122 MacDougal StNew York, NY 10012
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208 Sullivan St
Studio to 2 Bedroom Apartments

208 Sullivan St

208 Sullivan StNew York, NY 10012
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IVY 30
Studio to 4 Bedroom Apartments

IVY 30

312-316 E 30th StNew York, NY 10016
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Gramercy-Flatiron, New York, NY Local Guide

Cheapest Available Gramercy-Flatiron Apartments for Rent

 

The cheapest available apartment rental in the Gramercy-Flatiron area of New York, NY is a 3 Beds unit found at Alabama Flats LLC priced from $2,703. 218 East 6th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,100. Here are the most affordable Gramercy-Flatiron apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Alabama Flats LLCFurnished 3 Bedroom Apartments Priced From:3BR,1BA$2,703
218 East 6th Street218 EAST 6TH STREET - 2 BR / 1 BATH2BR,1BA$3,100
34 East 7th Street34 EAST 7TH STREET - 2 BR / 1 BATH2BR,1BA$3,200
240 E 23rd St1 Bedroom1BR,1BA$3,300
189 Waverly Place189 WAVERLY PLACE - STUDIO / 1 BATHStudio,1BA$3,375

Best Value Apartments for Rent in Gramercy-Flatiron, NY

As of July 11, 2026 the best value apartment in the Gramercy-Flatiron area is the $6.53 price per square foot 4 Beds, 2 baths Model at 137 E 38th St in the in the Gramercy-Flatiron neighborhood starting from $8,495. The second greatest value Gramercy-Flatiron apartment is the Private room in 12B2B Suite Model at FOUND Study Chelsea- Student/Intern starting at $2,150 with a $1.65 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Gramercy-Flatiron apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
137 E 38th St4 Beds, 2 baths4BR,2BA$6.53
FOUND Study Chelsea- Student/InternPrivate room in 12B2B Suite1BR,1BA$1.65
247 E 35th St247 E 35th St3BR,2BA$6.92
141 E 29th St141 E 29th St3BR,2BA$5.38
68 E First St2BR/1BA2BR,1BA$5.15
328 E 30th St, Unit 1328 E 30th St3BR,1BA$4.95
202 E 22nd St202 E 22nd St1BR,1BA$6.57
337 E 41st St, Unit 2B337 E 41st StStudio ,1BA$6.38
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.44
66 E 1st St66 E 1st StStudio ,1BA$6.40

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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Frequently Asked Questions about Cheap Gramercy-Flatiron Apartments

What is a cheap apartment in Gramercy-Flatiron?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gramercy-Flatiron is under $3,375.

What is the price of a cheap apartment in Gramercy-Flatiron?

The cheapest apartment in Gramercy-Flatiron is 240 E 23rd St which is listed at $3,300, while the average apartment in Gramercy-Flatiron costs $19,500.

What types of apartments are the cheapest in Gramercy-Flatiron?

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 1 regular apartments in Gramercy-Flatiron 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 Gramercy-Flatiron?

Cheap apartments in Gramercy-Flatiron have an average cost of $125 which is $19,375 cheaper than the average rent for all rentals in Gramercy-Flatiron.

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.

decorative image for The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

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.