
Cheap Apartments for Rent in the Gramercy-Flatiron Neighborhood of New York, NY from $1,000 (223 Rentals)
Search the lowest-cost Apartments available for rent right now in the Gramercy-Flatiron area of New York.


Prime ROOM at The Park Avenue House, Unit 1

Welcoming ROOM at The Park Avenue House, Unit 1

Spacious ROOM at The Park Avenue House, Unit 1

Prime ROOM at The Park Avenue House, Unit 3

Room in Shared 4 bed/1 bath home, Unit B

Prime ROOM at The Park Avenue House, Unit 4

Spacious ROOM at The Park Avenue House, Unit 2

Welcoming ROOM at The Park Avenue House, Unit 3

Room in Shared 5 bed/2 bath home, Unit C
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.

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit A

Room in Shared 3 bed/1 bath home, Unit C

Amazing ROOM at The Park Avenue House, Unit 3

Amazing ROOM at The Park Avenue House, Unit 2

Room in Shared 4 bed/1 bath home, Unit C

Room in Shared 2 bed/1 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 4 bed/1 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit B
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.

Room in Shared 5 bed/2 bath home, Unit C

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 4 bed/1 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 5 bed/2 bath home, Unit B

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 2 bed/1 bath home, Unit A

Room in Shared 2 bed/1 bath home, Unit B

Room in Shared 2 bed/1 bath home, Unit A
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.

111 Sullivan St, Unit 3C

Total Monthly Price
300 E 30th St

The Dryden East

66 Madison Ave, Unit 3G

310 E 44th St, Unit 612

315 Seventh Avenue, Unit 25D

147 E 30th St

14 St Marks Pl

310 West Cozy

577 2nd Ave
The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
Moving to NYC? Go beyond the landmarks. Our local expert shares an insider's guide to New York City's neighborhoods, finding your rhythm, and making the city feel like home.

238 W 20th St

155 E 30th St

25 Tudor City Place

227 E 28th St

314 E 6th St

106 W 13th St

153 Avenue C

217 East 29th

211 East 5th Street

528 E 13th St
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.
Gramercy-Flatiron, New York, NY Local Guide

How much does it cost to rent an apartment in Gramercy-Flatiron?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gramercy-Flatiron Studio Apartments | $4,517 | $2,850 | $10,000+ |
| Gramercy-Flatiron 1 Bedroom Apartments | $5,760 | $1,900 | $10,000+ |
| Gramercy-Flatiron 2 Bedroom Apartments | $7,189 | $3,450 | $10,000+ |
| Gramercy-Flatiron 3 Bedroom Apartments | $8,160 | $4,700 | $10,000+ |
| Gramercy-Flatiron 4 Bedroom Apartments | $9,133 | $6,995 | $10,000+ |
| Gramercy-Flatiron 5 Bedroom Apartments | $11,245 | $7,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 223 rentals with your search options within a 1 mile radius of the Gramercy-Flatiron Neighborhood of New York, NY.
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Gramercy-Flatiron, New York, NY Local Guide
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Cheapest Available Gramercy-Flatiron Apartments for Rent
 The cheapest available apartment rental in the Gramercy-Flatiron area of New York, NY is a 2 Beds unit found at 622 East 11th Street priced from $2,840. The Dryden East has the second lowest priced unit, which is a Studio apartment currently listed from $2,995. Here are the most affordable Gramercy-Flatiron apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 622 East 11th Street | 622 EAST 11TH STREET - 1 BR / 1 BATH | 2BR,1BA | $2,840 |
| The Dryden East | MASSIVE STUDIO | Studio,1BA | $2,995 |
| 32 East 7th Street | 32 EAST 7TH STREET - 2 BR / 1 BATH / GARDEN | 2BR,1BA | $3,250 |
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,295 |
| The Ambassador East | STUDIO | Studio,1BA | $3,300 |
| 241 E 39th St | Studio | Studio,1BA | $3,300 |
Best Value Apartments for Rent in Gramercy-Flatiron, NY
As of April 11, 2026 the best value apartment in the Gramercy-Flatiron area is the $6.18 price per square foot 121 E 39th St Model at 121 E 39th St in the in the Gramercy-Flatiron neighborhood starting from $7,500. The second greatest value Gramercy-Flatiron apartment is the 328 E 30th St Model at 328 E 30th St, Unit 1 starting at $4,700 with a $4.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 121 E 39th St | 121 E 39th St | 4BR,2BA | $6.18 |
| 328 E 30th St, Unit 1 | 328 E 30th St | 3BR,1BA | $4.95 |
| FOUND Study Chelsea- Student/Intern | Shared Double Room in 3B2B | 3BR,1BA | $2.44 |
| 205 East 31st Street | Flex 2 BR | 2BR,1BA | $5.35 |
| The Dryden East | TRUE 1 BED | 1BR,1BA | $5.19 |
| 141 E 29th St | 141 E 29th St | 2BR,1BA | $6.14 |
| 218 E 32nd St | 218 E 32nd St | 2BR,1BA | $6.47 |
| 32 East 7th Street | 32 EAST 7TH STREET - 1 BR / 1 BATH | 1BR,1BA | $4.77 |
| 337 E 41st St, Unit 2B | 337 E 41st St | Studio ,1BA | $6.38 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.28 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleA 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
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 Gramercy-Flatiron, New York, NY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across New York including Gramercy-Flatiron, New York City, and the greater New York City area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
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 $3,300.
What is the price of a cheap apartment in Gramercy-Flatiron?
The cheapest apartment in Gramercy-Flatiron is 234-236 Thompson Street which is listed at $3,795, while the average apartment in Gramercy-Flatiron costs $11,245.
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 5 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 $235 which is $11,010 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

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.

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.

The Local NYC Experts 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.

The Unofficial NYC Playbook: An Insiders 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.