Cheap Apartments for Rent in the Midtown Neighborhood of New York, NY from $1,078 (158 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters

Looking for apartments outside Manhattan? See average rent, commute times, and neighborhood pros for Brooklyn, Queens, Staten Island, Jersey City, and Yonkers.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 363 3rd Ave
$2,700 - $3,100
Studio Rentals
Available Now
Affordability

363 3rd Ave

New YorkNY10016
close
View Me
323 E 50th St, Unit 1R
$2,750

Total Monthly Price

Base Rent$2,750

Total Monthly Price$2,750
Studio Apartment Available Now

323 E 50th St, Unit 1R

323 E 50th StNew York, NY 10022
Affordability
close
View Me
321 E 51st St
$2,750 - $3,300

Total Monthly Price

Base Rent$2,750 - $3,300

Total Monthly Price$2,750 - $3,300
Studio to 1 Bedroom Apartment Available Now

321 E 51st St

321 E 51st StNew York, NY 10022
Affordability

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.

close
View Me
147 E 30th St
Studio to 2 Bedroom Apartments

147 E 30th St

147 E 30th StNew York, NY 10016
close
View Me
577 2nd Ave
Studio to 3 Bedroom Apartments

577 2nd Ave

577 Second AveNew York, NY 10016
  • Utilities Included
close
View Me
365 W 52nd St
Studio to 3 Bedroom Apartments

365 W 52nd St

365 W 52nd StNew York, NY 10019
  • Utilities Included
close
View Me
255-257 E 61st St
Studio to 1 Bedroom Apartments

255-257 E 61st St

255-257 E 61st StNew York, NY 10065
  • Utilities Included
close
View Me
1075 1st Ave
Studio to 2 Bedroom Apartments

1075 1st Ave

1075 1st AveNew York, NY 10022
  • 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

close
View Me
1057 First Avenue
Studio to 1 Bedroom Apartments

1057 First Avenue

1057 First AveNew York, NY 10022
  • Utilities Included
close
View Me
328 W 44TH ST
Studio to 1 Bedroom Apartments

328 W 44TH ST

328 W 44th StNew York, NY 10036
close
View Me
1069 1st Ave
Studio to 1 Bedroom Apartments

1069 1st Ave

1069 1st AveNew York, NY 10022
  • Utilities Included
close
View Me
544-548 W 50th St
Studio to 2 Bedroom Apartments

544-548 W 50th St

544-548 W 50th StNew York, NY 10019
  • Utilities Included
close
View Me
324 East 66th Street
Studio to 2 Bedroom Apartments

324 East 66th Street

324 E 66th StNew York, NY 10065
  • Utilities Included
close
View Me
338 East 53 Street
Studio Apartments

338 East 53 Street

338 E 53rd StNew York, NY 10022
  • Utilities Included
close
View Me
1073 1st Ave
Studio to 1 Bedroom Apartments

1073 1st Ave

1073 1st AveNew York, NY 10022
close
View Me
349 E 51st St
Studio to 1 Bedroom Apartments

349 E 51st St

349 E 51st StNew York, NY 10022
close
View Me
155 E 30th St
Studio to 2 Bedroom Apartments

155 E 30th St

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

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, New York, NY Local Guide

Cheapest Available Midtown Apartments for Rent

 

The cheapest available apartment rental in the Midtown area of New York, NY is a 1 Bed unit found at EHS Hudson Yards Campus priced from $1,950. 312 E 51st St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,750. Here are the most affordable Midtown apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
EHS Hudson Yards CampusSingle Occupancy Room1BR,1BA$1,950
312 E 51st Ststudio 11BR,1BA$2,750
419-421 W 50th StStudio1BR,1BA$2,995
726 Tenth AveStudioStudio,1BA$2,995
240 E 23rd St1 Bedroom1BR,1BA$3,200
FOUND Study Midtown East - Student/InternStandard Single Room1BR,1BA$3,400

Best Value Apartments for Rent in Midtown, NY

As of September 04, 2026 the best value apartment in the Midtown 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 apartment is the 202 E 35th St Model at 202 E 35th St starting at $7,700 with a $6.42 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
141 E 29th St141 E 29th St3BR,2BA$5.38
202 E 35th St202 E 35th St3BR,1.5BA$6.42
328 E 30th St, Unit 1328 E 30th St3BR,1BA$4.95
205 East 31st StreetFlex 2 BR2BR,1BA$5.64
576 9th AveFlex 21BR,1BA$4.99
318 E 53rd St, Unit 1b318 E 53rd St1BR,1BA$5.00
245 E 48th St, Unit 2A245 E 48th St2BR,1BA$6.01
337 E 41st St, Unit 2B337 E 41st StStudio ,1BA$6.38
419-421 W 50th StStudio1BR,1BA$6.05
726 Tenth AveStudioStudio ,1BA$6.18

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 Article
Decorative image

Don'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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

A 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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Midtown, New York, NY

Ranked #4

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for New York City, New York. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, places that make kids happy, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

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 $3,400.

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 $5,720.

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 9 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 $113 which is $5,607 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

decorative image for Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters article

Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.com Local Expert for New York City, and I live in the Lower East Side of Manhattan. I love it here.

decorative image for The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

The Unofficial NYC Playbook: An Insider's 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.

decorative image for The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers article

The Local NYC Expert's 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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in NYC article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.