Cheap Apartments for Rent in the Midtown East Neighborhood of New York, NY from $1,525 (96 Rentals)

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

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323 E 50th St, Unit 1R
$2,750
Total Monthly Price

Total Monthly Price

Base Rent
$2,750
Total Monthly Price
$2,750
Studio Apartment Available Now

323 E 50th St, Unit 1R

323 E 50th StNew York, NY 10022
Affordability

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321 E 51st St
$2,750 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$2,750 - $3,300
Total Monthly Price
$2,750 - $3,300
Studio to 1 Bedroom Apartment Available Now

321 E 51st St

321 E 51st StNew York, NY 10022
Affordability
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340 E 50th St
$3,000
Total Monthly Price

Total Monthly Price

Base Rent
$3,000
Total Monthly Price
$3,000
Studio Apartment Available Now

340 E 50th St

340 E 50th StNew York, NY 10022
Affordability
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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
  • Utilities Included
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1075 1st Ave
Studio to 2 Bedroom Apartments

1075 1st Ave

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

1057 First Avenue

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

1069 1st Ave

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

324 East 66th Street

324 E 66th StNew York, NY 10065
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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338 East 53 Street
Studio Apartments

338 East 53 Street

338 E 53rd StNew York, NY 10022
  • Utilities Included
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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
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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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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
  • Utilities Included
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346 E 62nd St
1 to 2 Bedroom Apartments

346 E 62nd St

346 E 62nd StNew York, NY 10065
  • Utilities Included

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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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
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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
  • Utilities Included
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330 EAST 54TH STREET
Studio to 2 Bedroom Apartments

330 EAST 54TH STREET

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

330 W 55th St

330 W 55th StNew York, NY 10019
  • Utilities Included
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224 E 59th St
2 Bedroom Apartments

224 E 59th St

224 E 59th StNew York, NY 10022
  • Utilities Included

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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130 E 37th St
Studio Apartments

130 E 37th St

130 E 37th StNew York, NY 10016
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237 East 53rd Street
Studio to 3 Bedroom Apartments

237 East 53rd Street

237 E 53rd StNew York, NY 10022
  • Utilities Included
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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
  • Utilities Included
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311 East 61st Street
Studio to 1 Bedroom Apartments

311 East 61st Street

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

347 East 51st Street

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

The Beaux Arts

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

420 64th St

415-423 E 64th StNew York, NY 10065
  • Utilities Included

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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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 312 E 51st St priced from $2,750. The Towne House has the second lowest priced unit, which is a Studio apartment currently listed from $3,450. Here are the most affordable Midtown East apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
312 E 51st Ststudio 11BR,1BA$2,750
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,450
241 E 39th StStudioStudio,1BA$3,500

Best Value Apartments for Rent in Midtown East, NY

As of August 30, 2026 the best value apartment in the Midtown East area is the $6.90 price per square foot 3 Beds, 2 baths Model at 137 E 38th St in the in the Gramercy-Flatiron neighborhood starting from $6,900. The second greatest value Midtown East apartment is the 323 E 50th St Model at 323 E 50th St starting at $5,700 with a $6.71 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.
137 E 38th St3 Beds, 2 baths3BR,2BA$6.90
323 E 50th St323 E 50th St2BR,2BA$6.71
318 E 53rd St, Unit 1b318 E 53rd St1BR,1BA$5.00
420 E 64th St, Unit Royal York420 E 64th St1BR,1BA$5.63
245 E 48th St, Unit 2A245 E 48th St2BR,1BA$6.01
150 West 51st Street150 West 51st Street1BR,1BA$6.43
The Dryden EastMASSIVE STUDIOStudio ,1BA$6.62
337 E 41st St, Unit 2B337 E 41st StStudio ,1BA$6.38
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.57
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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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 #20

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

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 The Towne House listed at $3,450.

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

The lowest price for a Cheap One Bedroom Midtown East Apartment is $2,750 at 312 E 51st St.

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 $4,450 at The Towne House.

What is the most affordable Midtown East Three Bedroom Apartment?

The best deal on a cheap Midtown East Three Bedroom Apartment rental is at 241 E 39th St and starts from $6,500.

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.

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