Cheap Homes for Rent in New York, NY from $800 (1,318 Rentals)

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Search the lowest-cost Homes available for rent right now in 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.

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property at 20309 33rd Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

20309 33rd Ave

BaysideNY11361
property at 821 Palmer Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

821 Palmer Rd

YonkersNY10708
property at 115 Harrison Ave

$1,080

Total Monthly Price

Total Monthly Price

Base Rent
$1,080
Total Monthly Price
$1,080

Studio, 1 Bath Home for Rent

Available Now

115 Harrison Ave

Jersey CityNJ07304

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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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.

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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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Showing Results 1-50, Page 1 of 27

New York, NY Local Guide

Cheapest Neighborhoods for Apartments in New York, NY

Pricing Updated: 04/15/2026

Current apartment rentals in the New York, NY area range in price from $750 to $37,960 with an overall median price of $5,911. The three New York neighborhoods with the lowest median rent pricing are Hunt's Point at $2,100, Parkchester at $1,800, and Norwood at $1,600. 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
Hunt's Point$2,100$2,1001
Parkchester$2,200$1,8002
Norwood$2,300$1,6004
Unionport$2,450$2,4501
Mapleton$2,550$2,3002
Neponsit & Belle$2,600$2,2005
Woodrow$2,734$1,60094
Seaside$2,750$1,8753
Elm Park$2,850$2,8501
Graniteville$2,850$1,40012

Cheapest Available New York Apartments for Rent

 

The cheapest available apartment rental in New York, NY is a 1 Bed unit found at Ventnor Flatz in the Prospect Park neighborhood priced from $735. Park Lane at Sea View in the Westerleigh neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $967. Here is today’s list of the most affordable New York apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ventnor Flatz1 Bedroom/1 Bath1BR,1BA$735
Park Lane at Sea ViewOne Bedroom B1BR,1BA$967
Whitney Young ManorStudioStudio,1BA$1,039

Best Value Apartments for Rent in New York, NY

As of April 15, 2026 the best value apartment in the New York area is the $0.27 price per square foot 95 Murray St Model at 95 Murray St, Unit 216 in the in the Downtown Elizabeth neighborhood starting from $2,700. The second greatest value New York apartment is the 472 Myrtle Ave Model at 472 Myrtle Ave, Unit RETAIL starting at $6,500 with a $1.00 price per square foot in the Downtown Brooklyn 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.
95 Murray St, Unit 21695 Murray St2BR,2BA$0.27
472 Myrtle Ave, Unit RETAIL472 Myrtle Ave1BR,1BA$1.00
DO NOT ACTIVATEUnits21BR,1BA$0.38
292 Morsemere Ave, Unit Untermyer Garden292 Morsemere Ave2BR,1BA$0.96
25 Gelston Ave25 Gelston Ave2BR,1BA$1.14
779 Montgomery St779 Montgomery StStudio ,1BA$0.60
59 Vroom St59 Vroom StStudio ,1BA$0.60
664 Pennsylvania Ave, Unit 3664 Pennsylvania Ave3BR,2BA$0.77
688 Communipaw Ave688 Communipaw AveStudio ,1BA$0.67
Ventnor Flatz1 Bedroom/1 Bath1BR,1BA$1.05

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.

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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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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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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

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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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New York, NY Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
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  • 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 75074 Apartments for Rent in New York, NY with pricing that ranges from $735 to $40,000. There are also 6278 Single Family Homes for rent, Condos, and Townhome rentals currently available in New York ranging from $850 to $57,000.

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 $850 to $57,000 with an average monthly rent of $3,230.

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 $1,150 to $37,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $57,000. Four Bedroom Single-Family rentals are also available starting from $1,030 and Four Bedroom Apartments start at $1,400.

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 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.

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

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

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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.

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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.

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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.

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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.