Cheap Homes for Rent in Liberty Island Neighborhood of New York, NY from $1,500 (40 Rentals)

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Search the lowest-cost Homes available for rent right now in the Liberty Island area of New York.

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.

property at 107 Sussex St

107 Sussex St

Jersey CityNJ07302
property at 29 Westervelt Pl

29 Westervelt Pl

Jersey CityNJ07304

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.

property at 99 Orient Ave

99 Orient Ave

Jersey CityNJ07305
property at 55 Astor Pl

55 Astor Pl

Jersey CityNJ07304
property at 424 Arlington Ave

424 Arlington Ave

Jersey CityNJ07304

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.

property at 35 Arlington Ave

35 Arlington Ave

Jersey CityNJ07305

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

New York's Best Affordable Neighborhoods

Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci

property at 429 Bergen Ave

429 Bergen Ave

Jersey CityNJ07304

Liberty Island, New York, NY Local Guide

Best Value Apartments for Rent in Liberty Island, NY

As of June 20, 2025 the best value apartment in the Liberty Island area is the $1.58 price per square foot 17 Prescott St Model at 17 Prescott St, Unit #2 in the in the Martin Luther King-Bergen neighborhood starting from $3,150. The second greatest value Liberty Island apartment is the 77 Oak St Model at 77 Oak St, Unit 3 starting at $2,400 with a $2.00 price per square foot in the Martin Luther King-Bergen neighborhood. Here is today’s list of the best values for Liberty Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
17 Prescott St, Unit #217 Prescott St3BR,2BA$1.58
77 Oak St, Unit 377 Oak St4BR,1BA$2.00
169 Claremont Ave, Unit 1169 Claremont Ave4BR,1BA$2.00
90 Prescott St, Unit 290 Prescott St1BR,1BA$1.72
154 Bayview Ave, Unit 2154 Bayview Ave4BR,1BA$2.07
70 Wilkinson Ave, Unit 170 Wilkinson Ave3BR,1BA$2.00
290 Martin Luther King Jr Dr, Unit 2290 Martin Luther King Jr Dr3BR,1BA$1.35
618 Bramhall Ave, Unit 3L618 Bramhall Ave3BR,1BA$2.10
267 Forrest St, Unit 1267 Forrest St3BR,1BA$2.10
99 Atlantic St, Unit Garden99 Atlantic StStudio ,1BA$1.87

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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Frequently Asked Questions about Liberty Island

What type of rentals are currently available in Liberty Island?

There are currently 1104 Apartments for Rent in Liberty Island, NY with pricing that ranges from $1,150 to $46,000. There are also 258 Single Family Homes for rent, Condos, and Townhome rentals currently available in Liberty Island ranging from $1,525 to $19,500.

What is the current price range for Rental Homes in Liberty Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Liberty Island ranges from $1,525 to $19,500 with an average monthly rent of $4,963.

How much are larger Three and Four Bedroom Rentals in Liberty Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Liberty Island range from $1,175 to $26,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $18,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,275.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.