Cheap Apartments for Rent in the Midtown East Neighborhood of New York, NY from $1,500 (51 Rentals)

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255-257 E 61st St
Studio to 1 Bedroom Apartments

255-257 E 61st St

255-257 E 61st StNew York, NY 10065
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1075 1st Ave
Studio to 2 Bedroom Apartments

1075 1st Ave

1075 1st AveNew York, NY 10022
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1057 First Avenue
Studio to 1 Bedroom Apartments

1057 First Avenue

1057 First AveNew York, NY 10022
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1069 1st Ave
Studio to 1 Bedroom Apartments

1069 1st Ave

1069 1st AveNew York, NY 10022
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324 East 66th Street
Studio to 2 Bedroom Apartments

324 East 66th Street

324 E 66th StNew York, NY 10065
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338 East 53 Street
Studio Apartments

338 East 53 Street

338 E 53rd StNew York, NY 10022
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357 E 68th St
Studio to 1 Bedroom Apartments

357 E 68th St

357 E 68th StNew York, NY 10065
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1073 1st Ave
Studio to 1 Bedroom Apartments

1073 1st Ave

1073 1st AveNew York, NY 10022

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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349 E 51st St
Studio to 1 Bedroom Apartments

349 E 51st St

349 E 51st StNew York, NY 10022
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344 E 62nd St
1 Bedroom Apartments

344 E 62nd St

344 E 62nd StNew York, NY 10065
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346 E 62nd St
1 to 2 Bedroom Apartments

346 E 62nd St

346 E 62nd StNew York, NY 10065
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110 E 36th St
Studio Apartments

110 E 36th St

110 E 36th StNew York, NY 10016
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311 E 60TH ST
Studio to 1 Bedroom Apartments

311 E 60TH ST

311 E 60th StNew York, NY 10022

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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222-224 E 51st St
1 to 2 Bedroom Apartments

222-224 E 51st St

222-224 E 51st StNew York, NY 10022
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330 EAST 54TH STREET
Studio to 2 Bedroom Apartments

330 EAST 54TH STREET

330 E 54th StNew York, NY 10022
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330 W 55th St
Studio to 2 Bedroom Apartments

330 W 55th St

330 W 55th StNew York, NY 10019
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130 E 37th St
Studio Apartments

130 E 37th St

130 E 37th StNew York, NY 10016
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224 E 59th St
2 Bedroom Apartments

224 E 59th St

224 E 59th StNew York, NY 10022
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237 East 53rd Street
Studio to 3 Bedroom Apartments

237 East 53rd Street

237 E 53rd StNew York, NY 10022
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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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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.

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311 East 61st Street
Studio to 1 Bedroom Apartments

311 East 61st Street

311 E 61st StNew York, NY 10065
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347 East 51st Street
Studio to 3 Bedroom Apartments

347 East 51st Street

345 E 65th StNew York, NY 10065
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The Beaux Arts
Studio to 2 Bedroom Apartments

The Beaux Arts

310 E 44th StNew York, NY 10017
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420  64th St
Studio to 4 Bedroom Apartments

420 64th St

415-423 E 64th StNew York, NY 10065
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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

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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Envoy Towers
Studio to 3 Bedroom Apartments

Envoy Towers

852-860 Second AveNew York, NY 10017
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342 E 65th St
1 to 2 Bedroom Apartments

342 E 65th St

342 E 65th StNew York, NY 10065
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304-308 E 62nd St
1 to 2 Bedroom Apartments

304-308 E 62nd St

304-308 E 62nd StNew York, NY 10065
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888 Eighth Avenue
Studio to 2 Bedroom Apartments

888 Eighth Avenue

888 8th AveNew York, NY 10019
Student Housing
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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
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340 East 62nd Street
Studio to 3 Bedroom Apartments

340 East 62nd Street

340 E 62nd StNew York, NY 10065
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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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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.

Midtown East, New York, NY Local Guide

Cheapest Available Midtown East Apartments for Rent

 

The cheapest available apartment rental in the Midtown East area of New York, NY is a 1 Bed unit found at Symphony House priced from $2,500. The Dryden East has the second lowest priced unit, which is a Studio apartment currently listed from $2,995. Here are the most affordable Midtown East apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Symphony HouseSymphony House Residence – A (Studio)1BR,1BA$2,500
The Dryden EastMASSIVE STUDIOStudio,1BA$2,995
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,000
303 E 56th StStudioStudio,1BA$3,100
FOUND Study Turtle Bay- Student/InternPrivate RoomStudio,1BA$3,200
241 E 39th StStudioStudio,1BA$3,300
The Ambassador EastSTUDIOStudio,1BA$3,450

Best Value Apartments for Rent in Midtown East, NY

As of February 24, 2026 the best value apartment in the Midtown East area is the $6.47 price per square foot 401 E 57th St Model at 401 E 57th St in the in the Upper East Side neighborhood starting from $6,500. The second greatest value Midtown East apartment is the 3 Beds, 2 baths Model at 137 E 38th St starting at $6,495 with a $6.50 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Midtown East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
401 E 57th St401 E 57th St2BR,1BA$6.47
137 E 38th St3 Beds, 2 baths3BR,2BA$6.50
The Sutton CollectionA05 - 4041BR,1BA$5.69
318 E 53rd St, Unit 1b318 E 53rd St1BR,1BA$5.38
150 West 51st Street150 West 51st Street1BR,1BA$6.00
245 E 48th St, Unit 2A245 E 48th St2BR,1BA$5.85
Symphony HouseSymphony House Residence – K1BR,1BA$6.49
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$5.71
121 E 39th St121 E 39th StStudio ,1BA$6.29
The Dryden EastMASSIVE STUDIOStudio ,1BA$5.99

The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers

From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the New York City area for affordable living. Find your perfect NYC Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Midtown East, New York, NY

Ranked #23

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Midtown East Apartments

What is a cheap apartment in Midtown East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown East is under $3,450.

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

The cheapest apartment in Midtown East is Symphony House which is listed at $2,500, while the average apartment in Midtown East costs $8,600.

What types of apartments are the cheapest in Midtown East?

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 4 regular apartments in Midtown East 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 East?

Cheap apartments in Midtown East have an average cost of $140 which is $8,460 cheaper than the average rent for all rentals in Midtown East.

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

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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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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.

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The Local NYC Experts 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.

decorative image for The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

The Unofficial NYC Playbook: An Insiders 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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.