Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,500 (26 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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307 E 50th St
Studio to 1 Bedroom Apartments

307 E 50th St

307 E 50th StNew York, NY 10022
  • Utilities Included
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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

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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330 W 55th St
Studio to 2 Bedroom 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
  • 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
  • Utilities Included
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The Beaux Arts
Studio to 2 Bedroom Apartments

The Beaux Arts

310 E 44th StNew York, NY 10017
  • 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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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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The Hermitage
Studio to 1 Bedroom Apartments

The Hermitage

328-334 E 43rd StNew York, NY 10017
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Symphony House
1 to 2 Bedroom Apartments

Symphony House

235 W 56th StNew York, NY 10019
  • Utilities Included
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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
  • Utilities Included
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244 East 46th Street
1 to 4 Bedroom Apartments

244 East 46th Street

244 E 46th StNew York, NY 10017
  • Utilities Included

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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312 E 51st St
1 Bedroom Apartments

312 E 51st St

312 E 51st StNew York, NY 10022
  • Utilities Included
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140 W 55th St
Studio to 1 Bedroom Apartments

140 W 55th St

140 W 55th StNew York, NY 10019

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 The Towne House priced from $3,000. The Ambassador East 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 ListingModel NameBed/BathPriced From
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,000
The Ambassador EastSTUDIOStudio,1BA$3,450
Oxford EastSTUDIOStudio,1BA$3,500
FOUND Study Midtown East - Student/InternStandard Single Room1BR,1BA$3,700
FOUND Study Turtle Bay- Student/InternPrivate RoomStudio,1BA$3,800
The EllingtonMZS03 - Residence 3-16 CStudio,1BA$3,879
The CentraM Line 1 Bed 1 Bath1BR,1BA$3,895
Carnegie MewsMXA01 - C03-201BR,1BA$4,175

Best Value Apartments for Rent in Midtown Center, NY

As of December 01, 2025 the best value apartment in the Midtown Center area is the $4.80 price per square foot Symphony House Residence – D Model at Symphony House in the in the Upper East Side neighborhood starting from $4,800. 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.
Symphony HouseSymphony House Residence – D2BR,2BA$4.80
218 E 50th St, Unit 3218 E 50th St3BR,1.5BA$6.70
122 E 55th St, Unit 4b122 E 55th St2BR,1BA$6.50
218 E 50th St, Unit 3G218 E 50th St2BR,1BA$5.93
121 E 39th St, Unit 22121 E 39th St2BR,1BA$6.15
245 E 48th St, Unit 2A245 E 48th St2BR,1BA$5.99
939 2nd AveJR 2BR2BR,1BA$6.64
142 E 39th St, Unit 1F142 E 39th St2BR,1BA$6.81
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$5.71
322 1/2 E 50th St, Unit 2C322 1/2 E 50th StStudio ,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

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 $4,175.

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 $8,700.

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 $315 which is $8,385 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.