Cheap Apartments for Rent in the Midtown East Neighborhood of New York, NY from $1,500 (56 Rentals)

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1075 1st Ave
Studio Apartments

1075 1st Ave

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

1073 1st Ave

1073 1st AveNew York, NY 10022
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349 E 51st St
1 Bedroom Apartments

349 E 51st St

349 E 51st 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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255-257 E 61st St
1 Bedroom Apartments

255-257 E 61st St

255-257 E 61st StNew York, NY 10065
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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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110 E 36th St
Studio Apartments

110 E 36th St

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

311 E 60TH ST

311 E 60th StNew York, NY 10022
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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 W 55th St
Studio Apartments

330 W 55th St

330 W 55th StNew York, NY 10019
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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.

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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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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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311 East 61st Street
1 Bedroom Apartments

311 East 61st Street

311 E 61st StNew York, NY 10065
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347 East 51st Street
1 Bedroom Apartments

347 East 51st Street

345 E 65th StNew York, NY 10065
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420  64th St
1 Bedroom Apartments

420 64th St

415-423 E 64th StNew York, NY 10065
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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316 LEXINGTON AVE
1 Bedroom Apartments

316 LEXINGTON AVE

316 Lexington AveNew York, NY 10016
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162 E 55th St
Studio 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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304-308 E 62nd St
1 Bedroom Apartments

304-308 E 62nd St

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

342 E 65th St

342 E 65th StNew York, NY 10065
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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

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888 Eighth Avenue
Studio Apartments

888 Eighth Avenue

888 8th AveNew York, NY 10019
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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 2 Beds unit found at 224 E 59th St priced from $2,200. Rebeka 5800 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,250. Here are the most affordable Midtown East apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
224 E 59th StFurnished Room2BR,1BA$2,200
Rebeka 58001 Bedroom / 1 Bathroom1BR,1BA$2,250
Hamilton Weehawken Residences: Where Luxury Meets2BR/1.0BA2BR,1BA$2,800
207 East 37th StreetStudioStudio,1BA$2,850
315 E 58th StStudioStudio,1BA$3,000
FOUND Study Turtle Bay- Student/InternPrivate RoomStudio,1BA$3,000
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,200
249 E 53rd St1BR/1BA1BR,1BA$3,225
The Ambassador EastMASSIVE STUDIOStudio,1BA$3,350
SvenStudio / 1 BathroomStudio,1BA$3,440

Best Value Apartments for Rent in Midtown East, NY

As of June 19, 2025 the best value apartment in the Midtown East 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 East apartment is the 218 E 50th St Model at 218 E 50th St, Unit 3 starting at $6,500 with a $6.50 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 ListingModel NameBed/BathPrice Per Sq.Ft.
127 West 56th Street, Unit Apt 5127 West 56th Street4BR,2BA$5.77
218 E 50th St, Unit 3218 E 50th St3BR,1.5BA$6.50
236 E 61st St, Unit 2B236 E 61st St2BR,1BA$5.11
249 E 53rd St1BR/1BA1BR,1BA$4.03
315 E 58th St1 Bedroom1BR,1BA$4.69
The Ambassador EastFLEX 22BR,1BA$6.55
121 E 38th St, Unit 2121 E 38th St2BR,1BA$6.14
207 East 37th Street1 Bedroom1BR,1BA$6.17
147 E 37th St, Unit 3147 E 37th St1BR,1BA$6.67
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.10

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Midtown East, New York, NY

Ranked #37

Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 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 $3,440.

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

The cheapest apartment in Midtown East is Rebeka 5800 which is listed at $2,250, while the average apartment in Midtown East costs $23,677.

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 9 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 $165 which is $23,512 cheaper than the average rent for all rentals in Midtown East.

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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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.

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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.

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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.