Cheap Homes for Rent in Midtown South Neighborhood of New York, NY from $2,000 (11 Rentals)

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

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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 Studio unit found at 221 2nd Avenue priced from $3,000. The Towne House 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 ListingModel NameBed/BathPriced From
221 2nd AvenueStudioStudio,1BA$3,000
The Towne HouseSTUDIO / 1 BATHStudio,1BA$3,300
Marquis ApartmentsMurray Hill Marquis - Studio One BathroomStudio,1BA$3,685
92-96 3rd Avenue1BR/1BA1BR,1BA$3,695
The OliviaSJ Renovation 4Studio,1BA$4,088

Best Value Apartments for Rent in Midtown South, NY

As of July 28, 2025 the best value apartment in the Midtown South area is the $5.65 price per square foot Flex 3 BR Model at 205 East 31st Street in the in the Gramercy-Flatiron neighborhood starting from $6,500. The second greatest value Midtown South apartment is the 3 Bed Model at 344-348 E 18th St starting at $7,495 with a $6.66 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.
205 East 31st StreetFlex 3 BR3BR,2BA$5.65
344-348 E 18th St3 Bed3BR,2BA$6.66
336-338 E 18th St2BR2BR,2BA$6.00
92-96 3rd Avenue3BR/1BA3BR,1BA$6.80
137 E 27th St, Unit 2G137 E 27th St1BR,1BA$5.90
218 E 32nd St, Unit 2A218 E 32nd St2BR,1BA$6.60
141 E 29th St, Unit 22141 E 29th St2BR,1BA$6.49
202 E 22nd St, Unit 22F202 E 22nd St1BR,1BA$6.57
221 2nd Avenue1 Bed1BR,1BA$6.70
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.29

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Frequently Asked Questions about Midtown South

What type of rentals are currently available in Midtown South?

There are currently 1713 Apartments for Rent in Midtown South, NY with pricing that ranges from $2,795 to $29,990. There are also 490 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown South ranging from $2,050 to $25,000.

What is the current price range for Rental Homes in Midtown South?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown South ranges from $2,050 to $25,000 with an average monthly rent of $7,211.

How much are larger Three and Four Bedroom Rentals in Midtown South?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown South range from $3,695 to $29,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,995 to $23,000. Four Bedroom Single-Family rentals are also available starting from $9,995 and Four Bedroom Apartments start at $6,000.

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.

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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.

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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.

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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.

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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.