
Cheap 1 Bedroom Apartments for Rent in the Midtown Neighborhood of New York, NY from $1,950 (45 Rentals)


239 East 53rd Street

255-257 E 61st St

328 W 44TH ST

1073 1st Ave

349 E 51st St

1069 1st Ave

227 E 28th St

344 E 62nd St
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

544-548 W 50th St

217 East 29th

346 E 62nd St

328 East 66th Street

311 E 60TH ST

344 East 55th Street

The Lanthian

222-224 E 51st St

357 West 53rd St
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

360 West 53rd Street

355 W 51ST ST

340 East 55th Street

508 Ninth Ave

246 E 53rd St

147 E 30th St

340 East 61st Street

631 Second Ave

428 West 48th Street
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.

IVY 30

311 East 61st Street

Southgate Apartments III

209 W 21st St

41 West 46th Street

The Coronet Condominium

316 LEXINGTON AVE

439 W 50th St

328 East 55th Street
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.

450 W 46th St

330 East 52nd Street

647 Second Ave

304-308 E 62nd St

342 E 65th St

330 W 56th St

415 W 47th St

306 East 49th Street

Symphony House
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.
Midtown, New York, NY Local Guide

How much does it cost to rent an apartment in Midtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Studio Apartments | $4,367 | $2,695 | $8,180 |
Midtown 1 Bedroom Apartments | $5,728 | $1,950 | $10,000+ |
| Midtown 2 Bedroom Apartments | $7,459 | $3,995 | $10,000+ |
| Midtown 3 Bedroom Apartments | $8,500 | $4,995 | $10,000+ |
| Midtown 4 Bedroom Apartments | $9,083 | $6,995 | $10,000+ |
| Midtown 5 Bedroom Apartments | $11,180 | $10,000 | $10,000+ |
Explore New York
Midtown, New York, NY Local Guide
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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.
Pet Friendly LifestyleMidtown, New York, NY
Ranked #4
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Midtown, New York, NY
School data provided by Great Schools
Frequently Asked Questions about Cheap Midtown Apartments
What is a cheap apartment in Midtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown is under $3,200.
What is the price of a cheap apartment in Midtown?
The cheapest apartment in Midtown is EHS Hudson Yards Campus which is listed at $1,950, while the average apartment in Midtown costs $11,180.
What types of apartments are the cheapest in Midtown?
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 6 regular apartments in Midtown 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?
Cheap apartments in Midtown have an average cost of $136 which is $11,044 cheaper than the average rent for all rentals in Midtown.
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.