
Cheap Homes for Rent in the Lower East Side Neighborhood of New York, NY from $1,960 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Lower East Side area of New York.


Room in Shared 3 bed/1 bath home in Chinatown, Unit B

Room in Shared 3 bed/1 bath home in Chinatown, Unit A

Room in Shared 3 bed/1 bath home in Chinatown, Unit C

Room in Shared 5 bed/2 bath home in East Village, Unit C
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.

Room in Shared 3 bed/1 bath home in East Village, Unit B

Room in Shared 3 bed/1 bath home in Chinatown, Unit B

Room in Shared 3 bed/1 bath home in East Village, Unit B

Room in Shared 2 bed/1 bath home in East Village, Unit A

Room in Shared 3 bed/1 bath home in East Village, Unit C
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

163 Mulberry St, Unit 9

383 Grand St, Unit 404

210 E Broadway, Unit H1703

570 Grand St, Unit H204

619 E 5th St, Unit 9
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.

44 Market St, Unit 18R
Lower East Side, New York, NY Local Guide

How much does it cost to rent a home in Lower East Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower East Side 2 Bedroom Homes for Rent | $5,804 | $2,410 | $10,000+ |
| Lower East Side 3 Bedroom Homes for Rent | $3,589 | $1,960 | $8,400 |
| Lower East Side 5 Bedroom Homes for Rent | $2,160 | $2,160 | $2,160 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Lower East Side Neighborhood of New York, NY.
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Lower East Side, New York, NY Local Guide
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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 2 Beds unit found at 622 East 11th Street priced from $3,225. 431 East 9th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,600. Here are the most affordable Lower East Side apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 622 East 11th Street | 622 EAST 11TH STREET - 2 BR / 1 BATH / DUPLEX /... | 2BR,1BA | $3,225 |
| 431 East 9th Street | 431 EAST 9TH STREET - 2 BR / 1 BATH / DUPLEX / ... | 2BR,1BA | $3,600 |
| 110 East 7th Street | 110 EAST 7TH STREET - 2 BR / 1 BATH / DUPLEX / ... | 2BR,1BA | $4,150 |
| Freeman Residences | Studio | Studio,1BA | $4,200 |
| The East | 1 Bedroom #1605 | 1BR,1BA | $4,962 |
Best Value Apartments for Rent in Lower East Side, NY
As of August 30, 2026 the best value apartment in the Lower East Side area is the $11.25 price per square foot 70 Mercer St Model at 70 Mercer St, Unit 2E in the in the Downtown neighborhood starting from $13,500. The second greatest value Lower East Side apartment is the Single in 2 Bedroom Model at FOUND Study East Village starting at $3,400 with a $3.78 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Lower East Side apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 70 Mercer St, Unit 2E | 70 Mercer St | 1BR,2BA | $11.25 |
| FOUND Study East Village | Single in 2 Bedroom | 2BR,1BA | $3.78 |
| Freeman Residences | One Bedroom | 1BR,1BA | $7.29 |
| 64 E 3rd St | 64 E 3rd St | 1BR,1.5BA | $10.55 |
| 55-61 Delancey Street | 55-A Line 3 Bed 1 Bath | 3BR,1BA | $10.80 |
| The East | 1 Bedroom #903 | 2BR,2BA | $18.94 |
| 110 East 7th Street | 110 EAST 7TH STREET - 2 BR / 1 BATH / DUPLEX / ... | 2BR,1BA | $13.83 |
| 622 East 11th Street | 622 EAST 11TH STREET - 2 BR / 1 BATH / DUPLEX /... | 2BR,1BA | $10.75 |
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.
Read ArticleDon'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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleLower East Side, New York, NY
Ranked #17
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lower East Side, New York, NY
Ps 134 Henrietta Szold
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 2987 Apartments for Rent in Lower East Side, NY with pricing that ranges from $2,575 to $26,293. There are also 228 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower East Side ranging from $1,960 to $18,000.
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 $1,960 to $18,000 with an average monthly rent of $4,926.
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

Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.com Local Expert for New York City, and I live in the Lower East Side of Manhattan. I love it here.

The Unofficial NYC Playbook: An Insider's 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.

The Local NYC Expert's 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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.