Cheap Apartments for Rent in the Midtown Center Neighborhood of New York, NY from $1,500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Center area of New York.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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The Art of the Rental Viewing: What to look for during a property tour
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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 | $5,709 | $2,950 | $10,000+ |
Midtown Center 1 Bedroom Apartments | $5,167 | $3,250 | $7,620 |
Midtown Center 2 Bedroom Apartments | $6,924 | $4,200 | $10,000+ |
Midtown Center 3 Bedroom Apartments | $9,097 | $3,600 | $10,000+ |
Midtown Center 4 Bedroom Apartments | $10,322 | $7,395 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Midtown Center Neighborhood of New York, NY.
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
FOUND Study Turtle Bay- Student/Intern | Private Room | Studio,1BA | $3,000 |
The Ambassador East | MASSIVE STUDIO | Studio,1BA | $3,195 |
249 E 53rd St | 1BR/1BA | 1BR,1BA | $3,225 |
The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,300 |
Embassy House | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
127 West 56th Street, Unit Apt 5 | 127 West 56th Street | 4BR,2BA | $5.77 |
218 E 50th St, Unit 3 | 218 E 50th St | 3BR,1.5BA | $6.70 |
249 E 53rd St | 1BR/1BA | 1BR,1BA | $4.03 |
The Ambassador East | FLEX 2 | 2BR,1BA | $6.06 |
150 West 51st Street, Unit 1008 | 150 West 51st Street | 1BR,1BA | $7.86 |
121 E 38th St, Unit 2 | 121 E 38th St | 2BR,1BA | $7.14 |
Carnegie Mews | MXA02- E03-20 | 1BR,1BA | $7.46 |
The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.29 |
Embassy House | Studio | Studio ,1BA | $6.90 |
Oxford East | STUDIO | Studio ,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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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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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.

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.

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.

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.