Cheap Apartments for Rent in the Midtown South Neighborhood of New York, NY from $1,078 (115 Rentals)

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

property at 363 3rd Ave

$2,700 - $3,100

Studio Rentals

Available Now

363 3rd Ave

New YorkNY10016

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121 E 38th St
$3,450 - $7,450
Total Monthly Price

Total Monthly Price

Base Rent
$3,450 - $7,450

Total Monthly Price
$3,450 - $7,450
Studio to 3 Bedroom Apartment Available Now

121 E 38th St

121 E 38th StNew York, NY 10016
Affordability

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104 E 36th St
$3,500 - $5,195
Total Monthly Price

Total Monthly Price

Base Rent
$3,500 - $5,195

Total Monthly Price
$3,500 - $5,195
Studio to 2 Bedroom Apartment Available Now

104 E 36th St

104 E 36th StNew York, NY 10016
Affordability
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761 6th Ave
$3,550 - $7,250
Total Monthly Price

Total Monthly Price

Base Rent
$3,550 - $7,250

Total Monthly Price
$3,550 - $7,250
Studio to 3 Bedroom Apartment Available Now

761 6th Ave

761 6th AveNew York, NY 10010
Affordability

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147 E 30th St
Studio to 2 Bedroom Apartments

147 E 30th St

147 E 30th StNew York, NY 10016
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155 E 30th St
Studio to 2 Bedroom Apartments

155 E 30th St

155 E 30th StNew York, NY 10016
  • Utilities Included
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227 E 28th St
1 Bedroom Apartments

227 E 28th St

227 E 28th StNew York, NY 10016
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217 East 29th
Studio to 1 Bedroom Apartments

217 East 29th

217 E 29th StNew York, NY 10016
  • Utilities Included
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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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21 East 21st Street
Studio to 1 Bedroom Apartments

21 East 21st Street

21 E 21st StNew York, NY 10010
  • Utilities Included
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105 Lexington Avenue
Studio to 2 Bedroom Apartments

105 Lexington Avenue

105-107 Lexington AveNew York, NY 10016
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The Liane
Studio to 1 Bedroom Apartments

The Liane

315 E 21st StNew York, NY 10010
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104 East 31st Street
Studio to 2 Bedroom Apartments

104 East 31st Street

104 E 31st StNew York, NY 10016
  • 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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210 E 26th St
Studio to 3 Bedroom Apartments

210 E 26th St

210 E 26th StNew York, NY 10010
  • Utilities Included
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104 E 30th St
2 to 3 Bedroom Apartments

104 E 30th St

104 E 30th StNew York, NY 10016
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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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True North Gramercy
Studio to 2 Bedroom Apartments

True North Gramercy

304 E 20th StNew York, NY 10003
  • Utilities Included
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200 west 21st
Studio to 1 Bedroom Apartments

200 west 21st

200-202 W 21st StNew York, NY 10011
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151 Lexington Avenue
Studio to 2 Bedroom Apartments

151 Lexington Avenue

151 Lexington AveNew York, NY 10016
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The 5th Avenue
Studio to 2 Bedroom Apartments

The 5th Avenue

77 5th AveNew York, NY 10003
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31 E 31st St
Studio to 3 Bedroom Apartments

31 E 31st St

31 E 31st StNew York, NY 10016
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209 W 21st St
1 Bedroom Apartments

209 W 21st St

209 W 21st StNew York, NY 10011
  • Utilities Included
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148  East 30
Studio to 1 Bedroom Apartments

148 East 30

148 E 30th StNew York, NY 10016
  • Utilities Included

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Midtown South, New York, NY Local Guide

Cheapest Available Midtown South Apartments for Rent

 

The cheapest available apartment rental in the Midtown South area of New York, NY is a 1 Bed unit found at 240 E 23rd St priced from $3,200. 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 South apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
240 E 23rd St1 Bedroom1BR,1BA$3,200
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,450
382 Third AvenueStudio, 1 BathStudio,1BA$3,595
219 E 28th StstudioStudio,1BA$3,650
144 W 23rd StreetStudioStudio,1BA$3,700
Kips Bay CourtB-Studio w/ terrStudio,1BA$4,015

Best Value Apartments for Rent in Midtown South, NY

As of August 23, 2026 the best value apartment in the Midtown South area is the $6.42 price per square foot 142 E 35th St Model at 142 E 35th St in the in the Gramercy-Flatiron neighborhood starting from $8,500. The second greatest value Midtown South apartment is the 218 E 32nd St Model at 218 E 32nd St starting at $9,495 with a $7.42 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 ListingModel NameBed/BathPrice Per Sq.Ft.
142 E 35th St142 E 35th St4BR,2BA$6.42
218 E 32nd St218 E 32nd St4BR,2BA$7.42
141 E 29th St141 E 29th St3BR,2BA$5.38
219 E 28th St4 bedroom4BR,2BA$7.15
761 6th Ave761 6th Ave3BR,1BA$7.40
205 East 31st StreetFlex 2 BR2BR,1BA$5.64
202 E 22nd St202 E 22nd St1BR,1BA$6.57
121 E 38th St121 E 38th St2BR,1BA$7.14
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.57
236 E 30th St236 E 30th StStudio ,1BA$7.00

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Frequently Asked Questions about Cheap Midtown South Apartments

What is a cheap apartment in Midtown South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown South is under $4,015.

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

The cheapest apartment in Midtown South is 240 E 23rd St which is listed at $3,200, while the average apartment in Midtown South costs $5,995.

What types of apartments are the cheapest in Midtown South?

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 2 regular apartments in Midtown South 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 South?

Cheap apartments in Midtown South have an average cost of $161 which is $5,834 cheaper than the average rent for all rentals in Midtown South.

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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