Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,100 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Center area of New York.

525 Lexington Ave

525-537-537 Lexington Ave

525-537-537 Lexington Ave
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.
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.
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.
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.
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 | $3,819 | $1,921 | $7,500 |
Midtown Center 1 Bedroom Apartments | $5,183 | $1,134 | $10,000+ |
Midtown Center 2 Bedroom Apartments | $5,905 | $3,900 | $10,000+ |
Midtown Center 3 Bedroom Apartments | $8,445 | $4,000 | $10,000+ |
Midtown Center 4 Bedroom Apartments | $11,117 | $7,750 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 28 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 Studio unit found at 111 E 39th St priced from $3,200. The Towne House has the second lowest priced unit, which is a Studio apartment currently listed from $3,300. Here are the most affordable Midtown Center apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
111 E 39th St | 1 Studio / 1 Bathroom | Studio,1BA | $3,200 |
The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,300 |
Carnegie Mews | MXS02 - B03-20 | Studio,1BA | $3,375 |
The Ambassador East | STUDIO | Studio,1BA | $3,450 |
Oxford East | STUDIO | Studio,1BA | $3,500 |
The Centra | N Line 1 Bed 1 Bath | 1BR,1BA | $3,500 |
FOUND Study Midtown East - Student/Intern | Standard Single Room | 1BR,1BA | $3,700 |
The Ellington | MZS03 - Residence 3-16 C | Studio,1BA | $3,738 |
Best Value Apartments for Rent in Midtown Center, NY
As of October 08, 2025 the best value apartment in the Midtown Center area is the $5.78 price per square foot 123 E 47th St Model at 123 E 47th St, Unit 3B in the in the Midtown neighborhood starting from $8,675. The second greatest value Midtown Center apartment is the 218 E 50th St Model at 218 E 50th St, Unit 3 starting at $6,700 with a $6.70 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. |
---|---|---|---|
123 E 47th St, Unit 3B | 123 E 47th St | 4BR,2BA | $5.78 |
218 E 50th St, Unit 3 | 218 E 50th St | 3BR,1.5BA | $6.70 |
336 E 43rd St, Unit 10S | 336 E 43rd St | 3BR,1.5BA | $7.57 |
218 E 50th St, Unit 3G | 218 E 50th St | 2BR,1BA | $6.13 |
245 E 48th St, Unit 2A | 245 E 48th St | 2BR,1BA | $6.35 |
121 E 38th St, Unit 2 | 121 E 38th St | 2BR,1BA | $7.14 |
939 2nd Ave | JR 2BR | 2BR,1BA | $6.64 |
142 E 39th St, Unit 1F | 142 E 39th St | 2BR,1BA | $6.81 |
The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.29 |
322 1/2 E 50th St, Unit 2C | 322 1/2 E 50th St | Studio ,1BA | $6.67 |
Getting Around the Midtown Center Neighborhood in New York, NY
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $3,738.
What is the price of a cheap apartment in Midtown Center?
The cheapest apartment in Midtown Center is The Centra which is listed at $3,500, while the average apartment in Midtown Center costs $8,700.
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 $108 which is $8,592 cheaper than the average rent for all rentals in Midtown Center.
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.

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.

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

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.