
Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,525 (62 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

312 E 51st St
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.

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

Total Monthly Price
321 E 51st St

77 W 55th St, Unit 6K

Total Monthly Price
340 E 50th St

Total Monthly Price
321 E 48th St, Unit 8C

32 W 40th St, Unit 25L

32 W 40th St, Unit 25L

32 W 40th St, Unit 25L

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

150 W 51st St, Unit 12232
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

239 East 53rd Street

330 East 52nd Street

222-224 E 51st St

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
The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
Moving to NYC? Go beyond the landmarks. Our local expert shares an insider's guide to New York City's neighborhoods, finding your rhythm, and making the city feel like home.

132 East 45th Street

156-160 E 55th St

162 E 55th St

Envoy Towers

306 East 49th Street

Symphony House

888 Eighth Avenue

The Hermitage

15 E 36th St

320 EAST 52ND STREET
New York's Best Affordable Neighborhoods
Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci

Beaux Arts

157 East 57th Street Apartments

320 E 42nd St

244 East 46th Street

140 W 55th St

43-45 W 55th St

150 W 47th St

342 East 49th st

AKA Central Park

235 East 53rd Street
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 | $4,311 | $2,750 | $7,258 |
| Midtown Center 1 Bedroom Apartments | $6,276 | $2,750 | $10,000+ |
| Midtown Center 2 Bedroom Apartments | $7,359 | $4,350 | $10,000+ |
| Midtown Center 3 Bedroom Apartments | $10,361 | $6,500 | $10,000+ |
| Midtown Center 4 Bedroom Apartments | $12,909 | $7,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 62 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 312 E 51st St priced from $2,750. The Towne House has the second lowest priced unit, which is a Studio apartment currently listed from $3,450. Here are the most affordable Midtown Center apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 312 E 51st St | studio 1 | 1BR,1BA | $2,750 |
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,450 |
| The Ambassador East | Studio / 1 Bathroom | Studio,1BA | $3,550 |
| FOUND Study Midtown East - Student/Intern | Standard Single Room | 1BR,1BA | $3,700 |
Best Value Apartments for Rent in Midtown Center, NY
As of August 30, 2026 the best value apartment in the Midtown Center area is the $6.71 price per square foot 323 E 50th St Model at 323 E 50th St in the in the Midtown neighborhood starting from $5,700. The second greatest value Midtown Center apartment is the 318 E 53rd St Model at 318 E 53rd St, Unit 1b starting at $4,000 with a $5.00 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 | 2BR,2BA | $6.71 |
| 318 E 53rd St, Unit 1b | 318 E 53rd St | 1BR,1BA | $5.00 |
| 245 E 48th St, Unit 2A | 245 E 48th St | 2BR,1BA | $6.01 |
| 150 West 51st Street | 150 West 51st Street | 1BR,1BA | $6.43 |
| 121 E 38th St | 121 E 38th St | 2BR,1BA | $7.14 |
| The Ambassador East | 2 Bedroom / 1 Bathroom | 2BR,1BA | $7.30 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.57 |
| 322 1/2 E 50th St | 322 1/2 E 50th St | Studio ,1BA | $7.10 |
| 321 E 51st St | 321 E 51st St | Studio ,1BA | $6.98 |
| 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 $3,700.
What is the price of a cheap apartment in Midtown Center?
The cheapest apartment in Midtown Center is 312 E 51st St which is listed at $2,750, while the average apartment in Midtown Center costs $5,935.
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 $202 which is $5,733 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

Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.com Local Expert for New York City, and I live in the Lower East Side of Manhattan. I love it here.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.