Cheap Homes for Rent in New York, NY from $800 (1,257 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 1023 Voorhees St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 0.5 Bath Home for Rent

Available Now

1023 Voorhees St

HillsideNJ07205

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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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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property at 12238 Benton St

$1,200

Studio, 1 Bath Home for Rent

Available Jun 15

12238 Benton St

Springfield GardensNY11413

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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Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters

Looking for apartments outside Manhattan? See average rent, commute times, and neighborhood pros for Brooklyn, Queens, Staten Island, Jersey City, and Yonkers.

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Showing Results 1-50, Page 1 of 26

New York, NY Local Guide

Cheapest Neighborhoods for Apartments in New York, NY

Pricing Updated: 05/31/2026

Current apartment rentals in the New York, NY area range in price from $250 to $37,900 with an overall median price of $6,334. The three New York neighborhoods with the lowest median rent pricing are Great Kills at $1,400, Annadale at $1,695, and Eltingville at $1,695. 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
Great Kills$1,547$1,4002
Annadale$1,695$1,6951
Eltingville$1,695$1,6951
West Brighton$1,774$1,5161
Bulls Head$2,250$1,4005
Norwood$2,450$1,7003
Neponsit & Belle$2,600$2,2002
Lighthouse Hill$2,650$2,0003
Richmond Town$2,650$2,3002
Travis Chelsea$2,710$1,40090

Cheapest Available New York Apartments for Rent

 

The cheapest available apartment rental in New York, NY is a 1 Bed unit found at Markham Gardens in the Grymes Hill neighborhood priced from $848. Ventnor Flatz in the Prospect Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable New York apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Markham Gardens1 Bedroom1BR,1BA$848
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$850
Whitney Young ManorStudioStudio,1BA$1,039

Best Value Apartments for Rent in New York, NY

As of May 31, 2026 the best value apartment in the New York area is the $0.19 price per square foot 556 Bond St Model at 556 Bond St, Unit Bond street in the in the Elizabeth Port neighborhood starting from $1,900. 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.
556 Bond St, Unit Bond street556 Bond St3BR,1BA$0.19
472 Myrtle Ave, Unit RETAIL472 Myrtle Ave1BR,1BA$1.00
1154 Myrtle AveStudio, 1 bathStudio ,1BA$0.02
42 McAdoo Ave, Unit 242 McAdoo Ave2BR,1BA$0.90
540 Mercer St540 Mercer St1BR,1BA$0.65
59 Vroom St59 Vroom StStudio ,1BA$0.60
688 Communipaw Ave688 Communipaw AveStudio ,1BA$0.67
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1.34
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$1.00
Markham Gardens1 Bedroom1BR,1BA$1.22

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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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 75052 Apartments for Rent in New York, NY with pricing that ranges from $250 to $37,900. There are also 5933 Single Family Homes for rent, Condos, and Townhome rentals currently available in New York ranging from $800 to $85,000.

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 $800 to $85,000 with an average monthly rent of $4,596.

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 $1,000 to $37,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $30,000. Four Bedroom Single-Family rentals are also available starting from $800 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.

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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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.