Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,500 (55 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

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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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
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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

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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Symphony House
1 to 2 Bedroom Apartments

Symphony House

235 W 56th StNew York, NY 10019
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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
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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

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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150 W 47th St
Studio to 2 Bedroom Apartments

150 W 47th St

150 W 47th StNew York, NY 10036
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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
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3 West 36th Street
Studio to 2 Bedroom Apartments

3 West 36th Street

3-5 W 36th StNew York, NY 10018

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.

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 69 W 55th St priced from $3,100. FOUND Study Turtle Bay- Student/Intern has the second lowest priced unit, which is a Studio apartment currently listed from $3,200. Here are the most affordable Midtown Center apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
69 W 55th StStudioStudio,1BA$3,100
FOUND Study Turtle Bay- Student/InternPrivate RoomStudio,1BA$3,200
141 E 56th StStudio, 1 bathStudio,1BA$3,395
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,495
Oxford EastSTUDIOStudio,1BA$3,500
The Ambassador EastStudio / 1 BathroomStudio,1BA$3,550
FOUND Study Midtown East - Student/InternStandard Single Room1BR,1BA$3,700
The EllingtonMZS01- Residence 4A, 6-10A | 3B, 6B, 8-10BStudio,1BA$3,879

Best Value Apartments for Rent in Midtown Center, NY

As of May 31, 2026 the best value apartment in the Midtown Center area is the $6.64 price per square foot 323 E 50th St Model at 323 E 50th St in the in the Midtown neighborhood starting from $7,300. The second greatest value Midtown Center apartment is the 313 W 53rd St Model at 313 W 53rd St starting at $6,500 with a $7.65 price per square foot in the West Side 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.
323 E 50th St323 E 50th St3BR,2BA$6.64
313 W 53rd St313 W 53rd St3BR,2BA$7.65
333 E 51st St2B2BR,1BA$7.33
121 E 38th St121 E 38th St1BR,1BA$7.14
The Ambassador East2 Bedroom / 1 Bathroom2BR,1BA$7.30
Carnegie MewsMXA05 - G21-361BR,1BA$7.54
128 E 56th St128 E 56th StStudio ,1BA$5.71
304 E 49th St304 E 49th St1BR,1BA$7.27
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.66
122 E 55th St122 E 55th StStudio ,1BA$7.39

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 $3,879.

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 $8,322.

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 $182 which is $8,140 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.

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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.

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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 Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.