Cheap Homes for Rent in New York, NY from $700 (527 Rentals)
Search the lowest-cost Homes available for rent right now in New York.

1170 E 43rd St

535 E 29th St

70 Weirfield St

210 E 55th St

54 Pamrapo Ave

BROOKHAVEN AVENUE - ROOM RENTAL

Furnished room/NOT APARTMENT

Furnished room/NOT APARTMENT
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.

Private bedroom in 4 bed/2 bath Home

Furnished room/NOT APARTMENT

15 Gillen Dr

306 Lehrer Ave

Private bedroom in 4 bed/1 bath Home

Private bedroom in 4 bed/1 bath Home

Private bedroom in 4 bed/1 bath Home
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.

Private bedroom in 3 bed/1 bath Home

886 Jefferson Ave

4802 4th Ave

Private bedroom in 4 bed/2 bath Home

Furnished room/NOT APARTMENT

Furnished room/NOT APARTMENT

Private bedroom in 4 bed/1 bath Home

Private bedroom in 5 bed/2 bath Home

517 Walnut St, Unit second

Private bedroom in 4 bed/1 bath Home
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.

Private bedroom in 4 bed/1 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/1 bath Home

Private bedroom in 4 bed/1 bath Home

Private bedroom in 4 bed/1.5 bath Home

10 Westminster Rd

Private bedroom in 3 bed/1 bath Home
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.

Private bedroom in 3 bed/1 bath Home

Furnished room/NOT APARTMENT

Private bedroom in 3 bed/1 bath Home

Furnished room/NOT APARTMENT
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.

719 18th St

Private bedroom in 4 bed/1 bath Home
New York, NY Local Guide
How much does it cost to rent a home in New York?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New York 2 Bedroom Homes for Rent | $4,421 | $1,430 | $10,000+ |
New York 3 Bedroom Homes for Rent | $5,199 | $750 | $10,000+ |
New York 4 Bedroom Homes for Rent | $4,743 | $1,075 | $10,000+ |
New York 5 Bedroom Homes for Rent | $8,668 | $1,150 | $10,000+ |
New York 6 Bedroom Homes for Rent | $6,289 | $1,380 | $10,000+ |
New York 7 Bedroom Homes for Rent | $8,071 | $5,000 | $10,000+ |
Browse Top Homes for Rent in New York
Explore New York
New York, NY Local Guide
- New York Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in New York, NY
Pricing Updated: 08/13/2025Current apartment rentals in the New York, NY area range in price from $650 to $60,000 with an overall median price of $6,921. The three New York neighborhoods with the lowest median rent pricing are West Brighton at $1,516, Ollinville at $2,000, and New Springville at $2,295. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New York Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
West Brighton | $1,848 | $1,516 | 1 |
Ollinville | $2,000 | $2,000 | 1 |
New Springville | $2,447 | $2,295 | 1 |
Norwood | $2,450 | $1,700 | 5 |
Mariners Park | $2,450 | $1,017 | 61 |
Hunt's Point | $2,581 | $2,400 | 2 |
Neponsit & Belle | $2,600 | $2,450 | 2 |
Bronxwood | $2,650 | $650 | 3 |
Foxhurst | $2,750 | $2,700 | 1 |
Starrett City | $2,800 | $2,600 | 2 |
Cheapest Available New York Apartments for Rent
 The cheapest available apartment rental in New York, NY is a 2 Beds unit found at Ventnor Flatz in the Prospect Park neighborhood priced from $800. Markham Gardens in the Grymes Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $848. Here is today’s list of the most affordable New York apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $800 |
Markham Gardens | 1 Bedroom | 1BR,1BA | $848 |
Whitney Young Manor | Studio | Studio,1BA | $1,039 |
Bay Plaza | Unit C | Studio,1BA | $1,200 |
14 St Marks Pl | STU | Studio, | $1,200 |
Best Value Apartments for Rent in New York, NY
As of August 14, 2025 the best value apartment in the New York area is the $0.17 price per square foot 234 Clark Pl Model at 234 Clark Pl, Unit 2R in the in the Elizabeth Port neighborhood starting from $1,650. The second greatest value New York apartment is the 17 Hanford St Model at 17 Hanford St, Unit 1 starting at $2,200 with a $0.22 price per square foot in the Lower Clinton Hill neighborhood. Here is today’s list of the best values for New York apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
234 Clark Pl, Unit 2R | 234 Clark Pl | 1BR,1BA | $0.17 |
17 Hanford St, Unit 1 | 17 Hanford St | 3BR,1BA | $0.22 |
200 Lt Glenn Zamorski Dr, Unit Huge and beautiful house | 200 Lt Glenn Zamorski Dr | 3BR,2BA | $0.44 |
40 Blueberry Ln, Unit Gorgeous 3b2b Huge Deck | 40 Blueberry Ln | 3BR,2BA | $0.88 |
1117 Chestnut St, Unit 1 | 1117 Chestnut St | 3BR,2BA | $0.95 |
1154 Myrtle Ave | Studio, 1 bath | Studio ,1BA | $0.01 |
688 Communipaw Ave | 688 Communipaw Ave | Studio ,1BA | $0.55 |
59 Vroom St | 59 Vroom St | Studio ,1BA | $0.67 |
2522 Bedford Ave, Unit 2C | 2522 Bedford Ave | 3BR,1BA | $0.80 |
Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.94 |
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.
Frequently Asked Questions about New York
What type of rentals are currently available in New York?
There are currently 74388 Apartments for Rent in New York, NY with pricing that ranges from $650 to $65,000. There are also 6747 Single Family Homes for rent, Condos, and Townhome rentals currently available in New York ranging from $750 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 $750 to $100,000 with an average monthly rent of $6,943.
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 $65,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $100,000. Four Bedroom Single-Family rentals are also available starting from $1,075 and Four Bedroom Apartments start at $1,140.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.