
Cheap Apartments for Rent in the Midtown South Neighborhood of New York, NY from $1,000 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown South area of New York.


345 E 21st St

345 E 21st St

345 E 21st St
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Newport Rentals
Midtown South, New York, NY Local Guide

How much does it cost to rent an apartment in Midtown South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown South Studio Apartments | $4,251 | $2,666 | $10,000+ |
Midtown South 1 Bedroom Apartments | $4,777 | $3,090 | $10,000+ |
Midtown South 2 Bedroom Apartments | $6,199 | $2,050 | $10,000+ |
Midtown South 3 Bedroom Apartments | $8,351 | $4,995 | $10,000+ |
Midtown South 4 Bedroom Apartments | $12,366 | $6,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Midtown South Neighborhood of New York, NY.
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Midtown South, New York, NY Local Guide
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Cheapest Available Midtown South Apartments for Rent
 The cheapest available apartment rental in the Midtown South area of New York, NY is a Studio unit found at Newport Rentals priced from $2,666. 221 2nd Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $3,000. Here are the most affordable Midtown South apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Newport Rentals | PARKSIDE WEST - Studio One Bathroom | Studio,1BA | $2,666 |
221 2nd Avenue | Studio | Studio,1BA | $3,000 |
The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,200 |
Harbor 1500 | S02N | Studio,1BA | $3,225 |
The Hendrix | Studio | Studio,1BA | $3,348 |
92-96 3rd Avenue | 1BR/1BA | 1BR,1BA | $3,450 |
The Epic | S01 | Studio,1BA | $3,784 |
230 East 30th Street | Studio, 1 Bath | Studio,1BA | $3,950 |
The Olivia | SA Renovation 4 | Studio,1BA | $4,236 |
Best Value Apartments for Rent in Midtown South, NY
As of June 18, 2025 the best value apartment in the Midtown South area is the $7.05 price per square foot 3BR/1BA Model at 92-96 3rd Avenue in the in the Gramercy-Flatiron neighborhood starting from $7,050. The second greatest value Midtown South apartment is the 1 Bedroom / 1 Bathroom Model at Courtney House starting at $5,500 with a $5.97 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Midtown South apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
92-96 3rd Avenue | 3BR/1BA | 3BR,1BA | $7.05 |
Courtney House | 1 Bedroom / 1 Bathroom | 1BR,1BA | $5.97 |
137 E 27th St, Unit 2G | 137 E 27th St | 1BR,1BA | $5.90 |
141 E 29th St, Unit 22 | 141 E 29th St | 2BR,1BA | $6.49 |
121 E 38th St, Unit 2 | 121 E 38th St | 2BR,1BA | $6.14 |
221 2nd Avenue | 1 Bed | 1BR,1BA | $6.70 |
The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.10 |
The Hendrix | Studio | Studio ,1BA | $6.50 |
Harbor 1500 | S02N | Studio ,1BA | $6.40 |
Newport Rentals | BISBY - Studio One Bathroom | Studio ,1BA | $6.78 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleMidtown South, New York, NY
Ranked #6
Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Midtown South, New York, NY
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School data provided by Great Schools
Frequently Asked Questions about Cheap Midtown South Apartments
What is the Cheapest Studio apartment in Midtown South?
Currently the most affordable Cheap Studio Apartment in Midtown South is at Newport Rentals listed at $2,737.
How much is rent for a Cheap One Bedroom Midtown South Apartment?
The lowest price for a Cheap One Bedroom Midtown South Apartment is $3,297 at Newport Rentals.
What is the lowest price for a Cheap Two Bedroom Midtown South Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown South is starting from $3,736 at Newport Rentals.
What is the most affordable Midtown South Three Bedroom Apartment?
The best deal on a cheap Midtown South Three Bedroom Apartment rental is at Newport Rentals and starts from $5,202.
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.

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.

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.

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.

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.