Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,500 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Center area of 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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222-224 E 51st St
1 to 2 Bedroom Apartments

222-224 E 51st St

222-224 E 51st StNew York, NY 10022
  • Utilities Included
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330 W 55th St
Studio to 2 Bedroom Apartments

330 W 55th St

330 W 55th StNew York, NY 10019
  • Utilities Included
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231-233 E 53rd St
Studio to 1 Bedroom Apartments

231-233 E 53rd St

231-233 E 53rd StNew York, NY 10022
  • Utilities Included
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237 East 53rd Street
Studio to 3 Bedroom Apartments

237 East 53rd Street

237 E 53rd StNew York, NY 10022
  • Utilities Included

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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316 LEXINGTON AVE
Studio to 1 Bedroom Apartments

316 LEXINGTON AVE

316 Lexington AveNew York, NY 10016
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156-160 E 55th St
Studio to 2 Bedroom Apartments

156-160 E 55th St

156-160 E 55th StNew York, NY 10022
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162 E 55th St
Studio to 2 Bedroom Apartments

162 E 55th St

162 E 55th StNew York, NY 10022
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Envoy Towers
Studio to 3 Bedroom Apartments

Envoy Towers

852-860 Second AveNew York, NY 10017
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888 Eighth Avenue
Studio to 2 Bedroom Apartments

888 Eighth Avenue

888 8th AveNew York, NY 10019
Student Housing
  • Utilities Included
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Symphony House
1 to 2 Bedroom Apartments

Symphony House

235 W 56th StNew York, NY 10019
  • Utilities Included

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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The Hermitage
Studio to 1 Bedroom Apartments

The Hermitage

328-334 E 43rd StNew York, NY 10017
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15 E 36th St
Studio to 1 Bedroom Apartments

15 E 36th St

15 E 36th StNew York, NY 10016
  • Utilities Included
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Beaux Arts
Studio to 2 Bedroom Apartments

Beaux Arts

307-310 E 44th StNew York, NY 10017
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312 E 51st St
1 Bedroom Apartments

312 E 51st St

312 E 51st StNew York, NY 10022
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244 East 46th Street
1 to 4 Bedroom Apartments

244 East 46th Street

244 E 46th StNew York, NY 10017
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140 W 55th St
Studio to 1 Bedroom Apartments

140 W 55th St

140 W 55th StNew York, NY 10019
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43-45 W 55th St
Studio to 2 Bedroom Apartments

43-45 W 55th St

43-45 W 55th StNew York, NY 10019
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150 W 47th St
Studio to 2 Bedroom Apartments

150 W 47th St

150 W 47th StNew York, NY 10036
  • Utilities Included

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.

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342 East 49th st
Studio to 1 Bedroom Apartments

342 East 49th st

338-342 E 49th StNew York, NY 10017
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AKA Central Park
Studio to 2 Bedroom Apartments

AKA Central Park

42 W 58th StNew York, NY 10019
Corporate Housing
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333 E 46th St
1 Bedroom Apartments

333 E 46th St

333 E 46th StNew York, NY 10017
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Claridge's
1 to 2 Bedroom Apartments

Claridge's

101 W 55th StNew York, NY 10019
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The Beekman
Studio Apartments

The Beekman

330 E 49th StNew York, NY 10017
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307 E 50th St
Studio to 1 Bedroom Apartments

307 E 50th St

307 E 50th StNew York, NY 10022
  • Utilities Included
property at 321 E 48th St

$3,100 - $3,900

Studio To 1 Bedroom Rentals

Available Now

321 E 48th St

New YorkNY10017

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.

Cheapest Available Midtown Center Apartments for Rent

 

The cheapest available apartment rental in the Midtown Center area of New York, NY is a Studio unit found at FOUND Study Turtle Bay- Student/Intern priced from $3,200. The Towne House has the second lowest priced unit, which is a Studio apartment currently listed from $3,295. Here are the most affordable Midtown Center apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
FOUND Study Turtle Bay- Student/InternPrivate RoomStudio,1BA$3,200
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,295
Oxford EastSTUDIOStudio,1BA$3,500
FOUND Study Midtown East - Student/InternStandard Single Room1BR,1BA$3,700
The EllingtonMZS01- Residence 4A, 6-10A | 3B, 6B, 8-10BStudio,1BA$3,973

Best Value Apartments for Rent in Midtown Center, NY

As of April 16, 2026 the best value apartment in the Midtown Center area is the $6.18 price per square foot 121 E 39th St Model at 121 E 39th St in the in the Gramercy-Flatiron neighborhood starting from $7,500. The second greatest value Midtown Center apartment is the 336 E 43rd St Model at 336 E 43rd St starting at $8,895 with a $7.73 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Midtown Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
121 E 39th St121 E 39th St4BR,2BA$6.18
336 E 43rd St336 E 43rd St4BR,2BA$7.73
122 E 55th St122 E 55th St2BR,1BA$6.50
121 E 38th St121 E 38th St2BR,1BA$6.43
150 West 51st Street, Unit 905150 West 51st Street1BR,1BA$6.43
Carnegie MewsMXA02- E03-201BR,1BA$7.62
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.28
245 E 48th St, Unit 2A245 E 48th StStudio ,1BA$6.65
322 1/2 E 50th St322 1/2 E 50th StStudio ,1BA$7.32
Oxford EastSTUDIOStudio ,1BA$8.12

Frequently Asked Questions about Cheap Midtown Center Apartments

What is a cheap apartment in Midtown Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Center is under $3,973.

What is the price of a cheap apartment in Midtown Center?

The cheapest apartment in Midtown Center is FOUND Study Midtown East - Student/Intern which is listed at $3,700, while the average apartment in Midtown Center costs $9,030.

What types of apartments are the cheapest in Midtown Center?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Midtown Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Midtown Center?

Cheap apartments in Midtown Center have an average cost of $156 which is $8,874 cheaper than the average rent for all rentals in Midtown Center.

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.

decorative image for The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers article

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.

decorative image for The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.