
Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,500 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Center area of New York.


Prime ROOM at The Park Avenue House, Unit 3

Prime ROOM at The Park Avenue House, Unit 1

Spacious ROOM at The Park Avenue House, Unit 1

Prime ROOM at The Park Avenue House, Unit 4

Welcoming ROOM at The Park Avenue House, Unit 3

Spacious ROOM at The Park Avenue House, Unit 2

Amazing ROOM at The Park Avenue House, Unit 2

Amazing ROOM at The Park Avenue House, Unit 3

Total Monthly Price
323 E 50th St, Unit 1R
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.

77 W 55th St, Unit 6K

315 W 55th St, Unit 2D

Total Monthly Price
340 E 50th St

69 W 55th St

32 W 40th St, Unit 25L

Total Monthly Price
321 E 51st St

Beautiful Sunlit 1-Bedroom in the Heart of Midtown East, Unit 3C

239 East 53rd Street

330 East 52nd Street

222-224 E 51st 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.

330 W 55th St

231-233 E 53rd St

237 East 53rd Street

The Beaux Arts

41 West 46th Street

316 LEXINGTON AVE

The Coronet Condominium

156-160 E 55th St

162 E 55th St

Envoy Towers
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.

306 East 49th Street

The Hermitage

Symphony House

888 Eighth Avenue

15 E 36th St

320 EAST 52ND STREET

Beaux Arts

157 East 57th Street Apartments

312 E 51st St

244 East 46th Street
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.

140 W 55th St

43-45 W 55th St

150 W 47th St

342 East 49th st

AKA Central Park

235 East 53rd Street

The Ellington

Claridge's

333 E 46th St

The Beekman
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $4,246 | $2,750 | $7,500 |
| Midtown Center 1 Bedroom Apartments | $5,656 | $3,250 | $10,000+ |
| Midtown Center 2 Bedroom Apartments | $8,253 | $4,650 | $10,000+ |
| Midtown Center 3 Bedroom Apartments | $10,006 | $5,600 | $10,000+ |
| Midtown Center 4 Bedroom Apartments | $8,860 | $7,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Midtown Center Neighborhood of New York, NY.
See all Apartments in New YorkExplore New York
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 $3,000. 69 W 55th St has the second lowest priced unit, which is a Studio apartment currently listed from $3,100. 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 – P | 1BR,1BA | $3,000 |
| 69 W 55th St | Studio | Studio,1BA | $3,100 |
| FOUND Study Turtle Bay- Student/Intern | Private Room | Studio,1BA | $3,200 |
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,383 |
| 141 E 56th St | Studio, 1 bath | Studio,1BA | $3,395 |
| Oxford East | STUDIO | Studio,1BA | $3,500 |
| The Ambassador East | Studio / 1 Bathroom | Studio,1BA | $3,550 |
Best Value Apartments for Rent in Midtown Center, NY
As of July 15, 2026 the best value apartment in the Midtown Center area is the $7.18 price per square foot 323 E 50th St Model at 323 E 50th St in the in the Midtown neighborhood starting from $7,900. 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. |
|---|---|---|---|
| 323 E 50th St | 323 E 50th St | 3BR,2BA | $7.18 |
| 318 E 53rd St, Unit 1b | 318 E 53rd St | 1BR,1BA | $5.38 |
| 245 E 48th St, Unit 2A | 245 E 48th St | 2BR,1BA | $6.01 |
| 133 E 39th St | 133 E 39th St | 1BR,1BA | $6.49 |
| The Ambassador East | 2 Bedroom / 1 Bathroom | 2BR,1BA | $7.30 |
| Symphony House | Symphony House Residence – P | 1BR,1BA | $4.62 |
| 321 E 51st St | 321 E 51st St | 1BR,1BA | $6.13 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.44 |
| 322 1/2 E 50th St | 322 1/2 E 50th St | Studio ,1BA | $7.19 |
| 323 E 50th St, Unit 1R | 323 E 50th St | Studio ,1BA | $7.24 |
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 $3,550.
What is the price of a cheap apartment in Midtown Center?
The cheapest apartment in Midtown Center is Symphony House which is listed at $3,000, while the average apartment in Midtown Center costs $8,247.
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 $187 which is $8,060 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
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.

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.

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.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.