Cheap Homes for Rent in Lower East Side Neighborhood of New York, NY from $1,400 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lower East Side area of New York.

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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Showing Results 1-27, Page 1 of 1

Lower East Side, New York, NY Local Guide

Cheapest Available Lower East Side Apartments for Rent

 

The cheapest available apartment rental in the Lower East Side area of New York, NY is a Studio unit found at Niko East Village priced from $2,925. 34 East 7th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,100. Here are the most affordable Lower East Side apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Niko East VillageStudio / 1 BathroomStudio,1BA$2,925
34 East 7th Street34 EAST 7TH STREET - 2 BR / 1 BATH / ROOF DECK2BR,1BA$3,100
620 East 11th Street620 EAST 11TH STREET - 2 BR / 1 BATH2BR,1BA$3,375
Avalon Bowery PlaceS1-205-805-493sqStudio,1BA$4,548
215 E 4th St2 Bed 1 Bath2BR,1BA$4,795
The SuffolkStudio / 1 BathroomStudio,1BA$4,900
195 Stanton1 BED1BR,1BA$4,995

Best Value Apartments for Rent in Lower East Side, NY

As of December 18, 2025 the best value apartment in the Lower East Side area is the $5.21 price per square foot 2 Bed 2 Bath Model at 222 E 7th St in the in the Gramercy-Flatiron neighborhood starting from $9,125. The second greatest value Lower East Side apartment is the 349 Grand St Model at 349 Grand St, Unit 3A starting at $8,995 with a $8.18 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Lower East Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
222 E 7th St2 Bed 2 Bath2BR,2BA$5.21
349 Grand St, Unit 3A349 Grand St2BR,2BA$8.18
215 E 4th St2 Bed 1 Bath2BR,1BA$5.33
Freeman ResidencesOne Bedroom1BR,2BA$10.00
7 Bleecker St, Unit 2B7 Bleecker St1BR,1BA$6.69
195 Stanton1 BED1BR,1BA$7.68
3 Centre Market Pl, Unit #13 Centre Market Pl1BR,1BA$6.00
Avalon Bowery PlaceA2P-11BR,1BA$10.73
66 E 1st St, Unit 2A66 E 1st StStudio ,1BA$6.40
Niko East VillageStudio / 1 BathroomStudio ,1BA$7.20

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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Pet Friendly Lifestyle
Lower East Side, New York, NY

Ranked #17

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lower East Side, New York, NY

School data provided by Great Schools

Frequently Asked Questions about Lower East Side

What type of rentals are currently available in Lower East Side?

There are currently 2994 Apartments for Rent in Lower East Side, NY with pricing that ranges from $2,575 to $32,430. There are also 309 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower East Side ranging from $1,410 to $49,000.

What is the current price range for Rental Homes in Lower East Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lower East Side ranges from $1,410 to $49,000 with an average monthly rent of $11,429.

How much are larger Three and Four Bedroom Rentals in Lower East Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lower East Side range from $4,995 to $32,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,410 to $12,500. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $8,995.

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.