
Cheap Apartments for Rent in the Midtown Neighborhood of New York, NY from $1,078 (158 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown area of New York.


Room in Shared 2 bed/1 bath home in Hell's Kitchen, Unit A

Room in Shared 3 bed/1 bath home in Hell's Kitchen, Unit B

Room in Shared 5 bed/1 bath home in Hell's Kitchen, Unit 5D

Room in Shared 5 bed/1 bath home in Hell's Kitchen, Unit 3C

Prime ROOM at The Park Avenue House, Unit 1

Spacious ROOM at The Park Avenue House, Unit 1

Prime ROOM at The Park Avenue House, Unit 3

Welcoming ROOM at The Park Avenue House, Unit 1

Room in Shared 3 bed/2 bath home in Hell's Kitchen, Unit A
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Room in Shared 4 bed/1 bath home in Hell's Kitchen, Unit 2A

Room in Shared 5 bed/1 bath home in Hell's Kitchen, Unit A

Room in Shared 4 bed/2 bath home in Hell's Kitchen, Unit A

Prime ROOM at The Park Avenue House, Unit 4

Spacious ROOM at The Park Avenue House, Unit 2

Room in Shared 3 bed/1 bath home in Hell's Kitchen, Unit B

Welcoming ROOM at The Park Avenue House, Unit 3

Room in Shared 3 bed/1 bath home in Hell's Kitchen, Unit A

Room in Shared 4 bed/1 bath home in Hell's Kitchen, Unit 1A

Room in Shared 4 bed/2 bath home in Hell's Kitchen, Unit D
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Room in Shared 3 bed/1 bath home in Hell's Kitchen, Unit A

Amazing ROOM at The Park Avenue House, Unit 2

Amazing ROOM at The Park Avenue House, Unit 3

440 3rd Ave

Room in Shared 3 bed/1 bath home in Hell's Kitchen, Unit C

Beautiful Private ROOM in Manhattan, Unit 1

Nice Private ROOM in Manhattan, Unit 4

363 3rd Ave

Total Monthly Price
323 E 50th St, Unit 1R

Total Monthly Price
321 E 51st St
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312 E 51st St

Room in Shared 3 bed/1 bath home in Hell's Kitchen, Unit C

77 W 55th St, Unit 6K

511 W 44th St

147 E 30th St

239 East 53rd Street

577 2nd Ave

365 W 52nd St

255-257 E 61st St

1075 1st Ave
New York's Best Affordable Neighborhoods
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1057 First Avenue

328 W 44TH ST

1069 1st Ave

544-548 W 50th St

324 East 66th Street

338 East 53 Street

1073 1st Ave

342 East 55th Street

349 E 51st St

155 E 30th St
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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 | $4,567 | $2,700 | $7,951 |
| Midtown 1 Bedroom Apartments | $5,574 | $1,950 | $10,000+ |
| Midtown 2 Bedroom Apartments | $7,399 | $3,995 | $10,000+ |
| Midtown 3 Bedroom Apartments | $9,057 | $4,700 | $10,000+ |
| Midtown 4 Bedroom Apartments | $8,949 | $6,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 158 rentals with your search options within a 1 mile radius of the Midtown Neighborhood of New York, NY.
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Midtown, New York, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| EHS Hudson Yards Campus | Single Occupancy Room | 1BR,1BA | $1,950 |
| 312 E 51st St | studio 1 | 1BR,1BA | $2,750 |
| 419-421 W 50th St | Studio | 1BR,1BA | $2,995 |
| 726 Tenth Ave | Studio | Studio,1BA | $2,995 |
| 240 E 23rd St | 1 Bedroom | 1BR,1BA | $3,200 |
| FOUND Study Midtown East - Student/Intern | Standard Single Room | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 141 E 29th St | 141 E 29th St | 3BR,2BA | $5.38 |
| 202 E 35th St | 202 E 35th St | 3BR,1.5BA | $6.42 |
| 328 E 30th St, Unit 1 | 328 E 30th St | 3BR,1BA | $4.95 |
| 205 East 31st Street | Flex 2 BR | 2BR,1BA | $5.64 |
| 576 9th Ave | Flex 2 | 1BR,1BA | $4.99 |
| 318 E 53rd St, Unit 1b | 318 E 53rd St | 1BR,1BA | $5.00 |
| 245 E 48th St, Unit 2A | 245 E 48th St | 2BR,1BA | $6.01 |
| 337 E 41st St, Unit 2B | 337 E 41st St | Studio ,1BA | $6.38 |
| 419-421 W 50th St | Studio | 1BR,1BA | $6.05 |
| 726 Tenth Ave | Studio | Studio ,1BA | $6.18 |
The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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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
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

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.

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.

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.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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