Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Center area of New York.

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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

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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330 W 55th St
Studio 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
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316 LEXINGTON AVE
1 Bedroom Apartments

316 LEXINGTON AVE

316 Lexington AveNew York, NY 10016
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58 W 58th St
1 Bedroom Apartments

58 W 58th St

58 W 58th StNew York, NY 10019

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.

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162 E 55th St
Studio 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 8th Ave
Studio Apartments

888 8th Ave

888 8th AveNew York, NY 10019
  • Utilities Included

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.

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The Hermitage
Studio Apartments

The Hermitage

328-334 E 43rd StNew York, NY 10017
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Symphony House
1 Bedroom Apartments

Symphony House

235 W 56th StNew York, NY 10019
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Beaux Arts
Studio Apartments

Beaux Arts

307-310 E 44th StNew York, NY 10017
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307 E 50th St
1 Bedroom Apartments

307 E 50th St

307 E 50th StNew York, NY 10022
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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 FOUND Study Turtle Bay- Student/Intern priced from $3,000. The Ambassador East has the second lowest priced unit, which is a Studio apartment currently listed from $3,195. 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$3,000
The Ambassador EastMASSIVE STUDIOStudio,1BA$3,195
249 E 53rd St1BR/1BA1BR,1BA$3,225
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,300
Embassy HouseStudioStudio,1BA$3,450

Best Value Apartments for Rent in Midtown Center, NY

As of June 27, 2025 the best value apartment in the Midtown Center area is the $5.77 price per square foot 127 West 56th Street Model at 127 West 56th Street, Unit Apt 5 in the in the Upper East Side neighborhood starting from $7,500. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
127 West 56th Street, Unit Apt 5127 West 56th Street4BR,2BA$5.77
218 E 50th St, Unit 3218 E 50th St3BR,1.5BA$6.70
249 E 53rd St1BR/1BA1BR,1BA$4.03
The Ambassador EastFLEX 22BR,1BA$6.06
150 West 51st Street, Unit 1008150 West 51st Street1BR,1BA$7.86
121 E 38th St, Unit 2121 E 38th St2BR,1BA$7.14
Carnegie MewsMXA02- E03-201BR,1BA$7.46
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.29
Embassy HouseStudioStudio ,1BA$6.90
Oxford EastSTUDIOStudio ,1BA$7.00

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

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 $4,625.

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

The cheapest apartment in Midtown Center is 249 E 53rd St which is listed at $3,225, while the average apartment in Midtown Center costs $8,995.

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 $157 which is $8,838 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.