Cheap Homes for Rent in New York, NY from $600 (512 Rentals)

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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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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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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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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.

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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.

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New York, NY Local Guide

Cheapest Neighborhoods for Apartments in New York, NY

Pricing Updated: 11/12/2025

Current apartment rentals in the New York, NY area range in price from $890 to $37,860 with an overall median price of $6,595. The three New York neighborhoods with the lowest median rent pricing are West Brighton at $1,516, Bulls Head at $1,500, and Emerson Hill at $1,800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New York Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West Brighton$1,799$1,5161
Bulls Head$1,800$1,5002
Emerson Hill$1,800$1,8001
New Springville$1,800$1,5002
Bronxwood$2,000$2,0001
Mount Eden$2,000$2,0001
Lighthouse Hill$2,200$1,5003
Richmond Town$2,200$1,5005
Annadale$2,350$1,5005
Eltingville$2,350$1,5004

Cheapest Available New York Apartments for Rent

 

The cheapest available apartment rental in New York, NY is a 3 Beds unit found at 730 NORTH AVENUE in the Chester Heights neighborhood priced from $675. Ventnor Flatz in the Prospect Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable New York apartments for rent:

Apartment ListingModel NameBed/BathPriced From
730 NORTH AVENUE3B-L3BR,1BA$675
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$800
41 Leick AveApartment1BR,1BA$1,000
The Astra - Income RestrictedStudioStudio,1BA$1,013
Markham Gardens2 Bedroom2BR,1BA$1,025
Whitney Young ManorStudioStudio,1BA$1,039

Best Value Apartments for Rent in New York, NY

As of November 12, 2025 the best value apartment in the New York area is the $0.21 price per square foot 244 Richmond Ter Model at 244 Richmond Ter, Unit #1 in the in the St. George neighborhood starting from $1,500. The second greatest value New York apartment is the 143 Danforth Ave Model at 143 Danforth Ave, Unit 1 starting at $2,000 with a $0.40 price per square foot in the Greenville neighborhood. Here is today’s list of the best values for New York apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
244 Richmond Ter, Unit #1244 Richmond TerStudio ,1BA$0.21
143 Danforth Ave, Unit 1143 Danforth Ave2BR,1BA$0.40
123 Liberty St, Unit 3123 Liberty St3BR,1BA$0.57
632 Norwood Ter, Unit 2632 Norwood Ter3BR,2BA$0.97
76 Victory Blvd, Unit 276 Victory Blvd3BR,1BA$0.98
59 Vroom St59 Vroom StStudio ,1BA$0.60
2522 Bedford Ave, Unit 22522 Bedford Ave3BR,1BA$0.80
688 Communipaw Ave688 Communipaw AveStudio ,1BA$0.71
730 NORTH AVENUE3B-L3BR,1BA$0.61
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$0.94

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New York, NY Rentals by Map

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See the most popular apartments and homes in New York, NY

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New York, NY Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Virginia • 4+ years in New York

October 16, 2025

Good vibes - but the stores could be better. Too many junk stores and nail salons. Not enough food stores - and the ones here are rather pricey. Not pet friendly - yet another service presented by the greedy landlords--rents are too high.

Frequently Asked Questions about New York

What type of rentals are currently available in New York?

There are currently 74957 Apartments for Rent in New York, NY with pricing that ranges from $735 to $37,860. There are also 5586 Single Family Homes for rent, Condos, and Townhome rentals currently available in New York ranging from $650 to $100,000.

What is the current price range for Rental Homes in New York?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New York ranges from $650 to $100,000 with an average monthly rent of $7,408.

How much are larger Three and Four Bedroom Rentals in New York?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New York range from $1,200 to $37,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,080 to $100,000. Four Bedroom Single-Family rentals are also available starting from $925 and Four Bedroom Apartments start at $1,100.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.