Cheap Apartments for Rent in the Midtown East Neighborhood of New York, NY from $1,500 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown East area of New York.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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1073 1st Ave
Studio to 1 Bedroom Apartments

1073 1st Ave

1073 1st AveNew 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
  • 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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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

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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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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224 E 59th St
2 Bedroom Apartments

224 E 59th St

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

237 East 53rd Street

237 E 53rd StNew 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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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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 $3,000. 69 W 55th St has the second lowest priced unit, which is a Studio apartment currently listed from $3,100. Here are the most affordable Midtown East apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Symphony HouseSymphony House Residence – P1BR,1BA$3,000
69 W 55th StStudioStudio,1BA$3,100
FOUND Study Turtle Bay- Student/InternPrivate RoomStudio,1BA$3,200
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,383
141 E 56th StStudio, 1 bathStudio,1BA$3,395
149 East 36th Street1 Bedroom1BR,1BA$3,400
Oxford EastSTUDIOStudio,1BA$3,500

Best Value Apartments for Rent in Midtown East, NY

As of July 14, 2026 the best value apartment in the Midtown East area is the $4.92 price per square foot Penthouse A Model at Le Triomphe in the in the Upper East Side neighborhood starting from $18,150. The second greatest value Midtown East apartment is the 4 Beds, 2 baths Model at 137 E 38th St starting at $8,495 with a $6.53 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.
Le TriomphePenthouse A3BR,4BA$4.92
137 E 38th St4 Beds, 2 baths4BR,2BA$6.53
323 E 50th St323 E 50th St3BR,2BA$7.18
401 E 57th St401 E 57th St2BR,1BA$5.07
318 E 53rd St, Unit 1b318 E 53rd St1BR,1BA$5.38
Symphony HouseSymphony House Residence – P1BR,1BA$4.62
337 E 41st St, Unit 2B337 E 41st StStudio ,1BA$6.38
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.44
241 E 39th StStudioStudio ,1BA$7.00
321 E 51st St321 E 51st StStudio ,1BA$6.98

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Midtown East, New York, NY

School data provided by Great Schools

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 69 W 55th St listed at $3,100.

How much is rent for a Cheap One Bedroom Midtown East Apartment?

The lowest price for a Cheap One Bedroom Midtown East Apartment is $3,000 at Symphony House.

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 $4,500 at The Dryden East.

What is the most affordable Midtown East Three Bedroom Apartment?

The best deal on a cheap Midtown East Three Bedroom Apartment rental is at The Ambassador East and starts from $6,300.

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.

decorative image for The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers article

The Local NYC Expert's 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 Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

The Unofficial NYC Playbook: An Insider's 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.