
Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Center area of New York.


323 E 50th St, Unit 1R

315 W 55th St

239 East 53rd Street

330 East 52nd Street

307 E 50th St
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.

222-224 E 51st St

330 W 55th St

231-233 E 53rd St

237 East 53rd Street

The Beaux Arts

The Coronet Condominium
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.

316 LEXINGTON AVE

132 East 45th Street

156-160 E 55th St

Envoy Towers

888 Eighth Avenue

306 East 49th Street
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.

The Hermitage

Symphony House

15 E 36th St

Beaux Arts

157 East 57th Street Apartments

244 East 46th Street
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.

312 E 51st St

140 W 55th St
Midtown Center, New York, NY Local Guide

How much does it cost to rent an apartment in Midtown Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Center Studio Apartments | $3,778 | $2,200 | $5,430 |
| Midtown Center 1 Bedroom Apartments | $5,015 | $3,000 | $8,140 |
| Midtown Center 2 Bedroom Apartments | $6,280 | $3,795 | $10,000+ |
| Midtown Center 3 Bedroom Apartments | $7,216 | $3,900 | $10,000+ |
| Midtown Center 4 Bedroom Apartments | $8,824 | $7,150 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Midtown Center Neighborhood of New York, NY.
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Cheapest Available Midtown Center Apartments for Rent
 The cheapest available apartment rental in the Midtown Center area of New York, NY is a 1 Bed unit found at Symphony House priced from $2,500. The Towne House has the second lowest priced unit, which is a Studio apartment currently listed from $3,000. Here are the most affordable Midtown Center apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Symphony House | Symphony House Residence – A (Studio) | 1BR,1BA | $2,500 |
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,000 |
| FOUND Study Turtle Bay- Student/Intern | Private Room | Studio,1BA | $3,200 |
| The Ambassador East | STUDIO | Studio,1BA | $3,450 |
| Oxford East | STUDIO | Studio,1BA | $3,500 |
| The Ellington | MZS03 - Residence 3-16 C | Studio,1BA | $3,684 |
Best Value Apartments for Rent in Midtown Center, NY
As of January 15, 2026 the best value apartment in the Midtown Center area is the $6.70 price per square foot 218 E 50th St Model at 218 E 50th St, Unit 3 in the in the Midtown neighborhood starting from $6,700. The second greatest value Midtown Center apartment is the 318 E 53rd St Model at 318 E 53rd St, Unit 1b starting at $4,300 with a $5.38 price per square foot in the Midtown neighborhood. Here is today’s list of the best values for Midtown Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 218 E 50th St, Unit 3 | 218 E 50th St | 3BR,1.5BA | $6.70 |
| 318 E 53rd St, Unit 1b | 318 E 53rd St | 1BR,1BA | $5.38 |
| 218 E 50th St, Unit 3G | 218 E 50th St | 2BR,1BA | $5.93 |
| 121 E 39th St, Unit 22 | 121 E 39th St | 2BR,1BA | $6.15 |
| 939 2nd Ave | JR 2BR | 2BR,1BA | $6.64 |
| 245 E 48th St, Unit 2A | 245 E 48th St | 2BR,1BA | $5.85 |
| Symphony House | Symphony House Residence – F | 1BR,1BA | $6.36 |
| 321 E 51st St, Unit 1 | 321 E 51st St | 1BR,1BA | $6.13 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $5.71 |
| 322 1/2 E 50th St, Unit 2C | 322 1/2 E 50th St | Studio ,1BA | $6.67 |
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 $3,684.
What is the price of a cheap apartment in Midtown Center?
The cheapest apartment in Midtown Center is Symphony House which is listed at $2,500, while the average apartment in Midtown Center costs $8,600.
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 $159 which is $8,441 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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
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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.

The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers
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Articles, How-To's, and Tips

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!