
Cheap Apartments for Rent in the Midtown South Neighborhood of New York, NY from $1,000 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown South area of New York.


Spacious ROOM at The Park Avenue House, Unit 1

Prime ROOM at The Park Avenue House, Unit 3

Welcoming ROOM at The Park Avenue House, Unit 1

Prime ROOM at The Park Avenue House, Unit 4

Spacious ROOM at The Park Avenue House, Unit 2

Welcoming ROOM at The Park Avenue House, Unit 3

Amazing ROOM at The Park Avenue House, Unit 3

Amazing ROOM at The Park Avenue House, Unit 2

Room in Shared 2 bed/1 bath home, Unit A
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.

Room in Shared 2 bed/1 bath home, Unit B

Room in Shared 2 bed/1 bath home, Unit A

147 E 30th St

155 E 30th St

227 E 28th St

217 East 29th

110 E 36th St

21 East 21st Street

105 Lexington Avenue

The Liane
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.

104 E 30th St

210 E 26th St

104 East 31st Street

130 E 37th St

True North Gramercy

200 west 21st

151 Lexington Avenue

The 5th Avenue

31 E 31st St

209 W 21st St
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.

12 5th Avenue

148 East 30

121 east 31st st

349 E 14th

7-9 East 32nd Street

207 East 14th Street

207-215 E 27th St

208-214 E 25th St

233 East 12th Street

231 W 25th St
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.

220 E 24th St

The Wilbraham

15 E 36th St

210 East 29th Street

223 2nd Ave

178 Seventh Ave

236-244 E 13th St

95 Lexington Ave

229 E 24th St

74 Irving Place
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.
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 | $4,719 | $3,000 | $8,000 |
| Midtown South 1 Bedroom Apartments | $6,175 | $3,190 | $10,000+ |
| Midtown South 2 Bedroom Apartments | $8,154 | $4,220 | $10,000+ |
| Midtown South 3 Bedroom Apartments | $9,234 | $4,995 | $10,000+ |
| Midtown South 4 Bedroom Apartments | $10,459 | $7,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 53 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 3 Beds unit found at Alabama Flats LLC priced from $2,703. 240 E 23rd St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,300. Here are the most affordable Midtown South apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alabama Flats LLC | Furnished 3 Bedroom Apartments Priced From: | 3BR,1BA | $2,703 |
| 240 E 23rd St | 1 Bedroom | 1BR,1BA | $3,300 |
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,595 |
| 219 E 28th St | studio | Studio,1BA | $3,650 |
| Marquis Apartments | Murray Hill Marquis - Studio One Bathroom | Studio,1BA | $4,058 |
Best Value Apartments for Rent in Midtown South, NY
As of July 09, 2026 the best value apartment in the Midtown South area is the $5.38 price per square foot 141 E 29th St Model at 141 E 29th St in the in the Gramercy-Flatiron neighborhood starting from $6,500. The second greatest value Midtown South apartment is the 4 bedroom Model at 219 E 28th St starting at $8,575 with a $7.15 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. |
|---|---|---|---|
| 141 E 29th St | 141 E 29th St | 3BR,2BA | $5.38 |
| 219 E 28th St | 4 bedroom | 4BR,2BA | $7.15 |
| 149 E 29th St | 149 E 29th St | 4BR,2BA | $8.18 |
| 375 3rd Ave | 375 3rd Ave | 2BR,1.5BA | $7.44 |
| EOS | 1 Bedroom / 1 Bathroom | 1BR,1BA | $7.77 |
| 218 E 32nd St | 218 E 32nd St | 2BR,1BA | $7.04 |
| 108 E 35th St | 108 E 35th St | 2BR,1BA | $7.99 |
| 236 E 30th St | 236 E 30th St | 1BR,1BA | $7.00 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.85 |
| Marquis Apartments | Murray Hill Marquis - Studio One Bathroom | Studio ,1BA | $7.79 |
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.
Read ArticleDon'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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Midtown South, New York, NY
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 The Towne House listed at $3,595.
How much is rent for a Cheap One Bedroom Midtown South Apartment?
The lowest price for a Cheap One Bedroom Midtown South Apartment is $3,300 at 240 E 23rd St.
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 $4,600 at 219 E 28th St.
What is the most affordable Midtown South Three Bedroom Apartment?
The best deal on a cheap Midtown South Three Bedroom Apartment rental is at Alabama Flats LLC and starts from $2,703.
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

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.

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.

The Local NYC Experts 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.

The Unofficial NYC Playbook: An Insiders 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

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.

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.

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.

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.