Cheap Apartments for Rent in the Midtown East Neighborhood of New York, NY from $1,500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown East area of New York.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Midtown East, New York, NY Local Guide

How much does it cost to rent an apartment in Midtown East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown East Studio Apartments | $3,988 | $2,800 | $7,740 |
Midtown East 1 Bedroom Apartments | $5,691 | $3,025 | $10,000+ |
Midtown East 2 Bedroom Apartments | $6,426 | $2,200 | $10,000+ |
Midtown East 3 Bedroom Apartments | $8,143 | $3,500 | $10,000+ |
Midtown East 4 Bedroom Apartments | $11,224 | $6,895 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Midtown East Neighborhood of New York, NY.
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Midtown East, New York, NY Local Guide
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Cheapest Available Midtown East Apartments for Rent
 The cheapest available apartment rental in the Midtown East area of New York, NY is a 2 Beds unit found at 224 E 59th St priced from $2,200. FOUND Study Turtle Bay- Student/Intern has the second lowest priced unit, which is a Studio apartment currently listed from $3,000. Here are the most affordable Midtown East apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
224 E 59th St | Furnished Room | 2BR,1BA | $2,200 |
FOUND Study Turtle Bay- Student/Intern | Private Room | Studio,1BA | $3,000 |
315 E 58th St | Studio | Studio,1BA | $3,100 |
The Dryden East | Studio / 1 Bathroom | Studio,1BA | $3,195 |
207 East 37th Street | Studio | Studio,1BA | $3,200 |
The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,300 |
The Ambassador East | STUDIO | Studio,1BA | $3,350 |
Best Value Apartments for Rent in Midtown East, NY
As of August 05, 2025 the best value apartment in the Midtown East area is the $3.50 price per square foot FLEX3 Model at Oxford East in the in the Midtown neighborhood starting from $3,500. The second greatest value Midtown East 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 East apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Oxford East | FLEX3 | 3BR,1.5BA | $3.50 |
218 E 50th St, Unit 3 | 218 E 50th St | 3BR,1.5BA | $6.70 |
236 E 61st St, Unit 2B | 236 E 61st St | 2BR,1BA | $5.33 |
Regency Towers | Flex 2 Bedroom | 2BR,1BA | $7.08 |
121 E 38th St, Unit 2 | 121 E 38th St | 2BR,1BA | $7.14 |
152 E 38th St, Unit 1A | 152 E 38th St | 1BR,1BA | $6.62 |
The Sutton Collection | S01 - 405 | Studio ,1BA | $6.31 |
The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.29 |
The Dryden East | Studio / 1 Bathroom | Studio ,1BA | $6.39 |
142 E 39th St, Unit 1F | 142 E 39th St | Studio ,1BA | $7.16 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleMidtown East, New York, NY
Ranked #14
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Midtown East, New York, NY
Ella Baker School
School data provided by Great Schools
Lifestyle Ratings
This website works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across New York and customized analysis for Central New York City, NY. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Midtown East Apartments
What is the Cheapest Studio apartment in Midtown East?
Currently the most affordable Cheap Studio Apartment in Midtown East is at FOUND Study Turtle Bay- Student/Intern listed at $3,000.
How much is rent for a Cheap One Bedroom Midtown East Apartment?
The lowest price for a Cheap One Bedroom Midtown East Apartment is $3,700 at FOUND Study Midtown East - Student/Intern.
What is the lowest price for a Cheap Two Bedroom Midtown East Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown East is starting from $2,200 at 224 E 59th St.
What is the most affordable Midtown East Three Bedroom Apartment?
The best deal on a cheap Midtown East Three Bedroom Apartment rental is at 207 East 37th Street and starts from $6,000.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.