
Cheap Apartments for Rent in the Midtown South Neighborhood of New York, NY from $1,000 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown South area of New York.


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
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.

31 E 31st St

209 W 21st St

148 East 30

12 5th Avenue

121 east 31st st

349 E 14th

7-9 East 32nd Street

207 East 14th Street
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.

207-215 E 27th St

208-214 E 25th St

233 East 12th Street

30 East 22nd Street

The Wilbraham

231 W 25th St

220 E 24th St

15 E 36th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

210 East 29th Street

223 2nd Ave

236-244 E 13th St

178 Seventh Ave

95 Lexington Ave

229 E 24th St

74 Irving Place

202 E 21st St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

70 East 12th Street

Four Park Avenue
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 | $4,480 | $3,000 | $8,000 |
| Midtown South 1 Bedroom Apartments | $5,485 | $3,200 | $10,000+ |
| Midtown South 2 Bedroom Apartments | $6,903 | $3,450 | $10,000+ |
| Midtown South 3 Bedroom Apartments | $7,481 | $4,700 | $10,000+ |
| Midtown South 4 Bedroom Apartments | $9,917 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 42 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 The Towne House priced from $3,000. 219 E 28th St has the second lowest priced unit, which is a Studio 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 |
|---|---|---|---|
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,000 |
| 219 E 28th St | studio | Studio,1BA | $3,300 |
| Marquis Apartments | Murray Hill Marquis Townhouse - Studio | Studio,1BA | $3,725 |
| The Epic | S01 | Studio,1BA | $3,872 |
Best Value Apartments for Rent in Midtown South, NY
As of February 19, 2026 the best value apartment in the Midtown South area is the $7.36 price per square foot 2BMYS Model at StuyTown in the in the Gramercy-Flatiron neighborhood starting from $6,857. The second greatest value Midtown South apartment is the 149 E 29th St Model at 149 E 29th St starting at $6,000 with a $6.67 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. |
|---|---|---|---|
| StuyTown | 2BMYS | 3BR,1BA | $7.36 |
| 149 E 29th St | 149 E 29th St | 3BR,2BA | $6.67 |
| 205 East 31st Street | Flex 2 BR | 2BR,1BA | $5.35 |
| 141 E 29th St | 141 E 29th St | 2BR,1BA | $6.14 |
| 202 E 22nd St | 202 E 22nd St | 1BR,1BA | $6.57 |
| 236 E 30th St | 236 E 30th St | 1BR,1BA | $7.00 |
| 108 E 35th St | 108 E 35th St | 2BR,1BA | $7.17 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $5.71 |
| 219 E 28th St | studio | Studio ,1BA | $6.35 |
| 218 E 32nd St | 218 E 32nd St | Studio ,1BA | $7.11 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 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 $3,872.
What is the price of a cheap apartment in Midtown South?
The cheapest apartment in Midtown South is StuyTown which is listed at $4,787, while the average apartment in Midtown South costs $12,222.
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 4 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 $183 which is $12,039 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.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.