Cheap Apartments for Rent in the Midtown Neighborhood of New York, NY from $1,000 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown area of New York.

EHS Hudson Yards Campus
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.
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.
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.
The 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.
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 | $4,123 | $1,400 | $10,000+ |
Midtown 1 Bedroom Apartments | $5,148 | $1,134 | $10,000+ |
Midtown 2 Bedroom Apartments | $6,504 | $3,400 | $10,000+ |
Midtown 3 Bedroom Apartments | $8,609 | $4,000 | $10,000+ |
Midtown 4 Bedroom Apartments | $10,479 | $6,995 | $10,000+ |
Midtown 5 Bedroom Apartments | $16,125 | $7,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 53 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 $1,975. 305 W 45th St has the second lowest priced unit, which is a Studio apartment currently listed from $2,550. 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 | $1,975 |
305 W 45th St | STUDIO | Studio,1BA | $2,550 |
726 Tenth Ave | Studio | Studio,1BA | $2,995 |
419-421 W 50th St | Studio | 1BR,1BA | $2,995 |
The Dryden East | MASSIVE STUDIO | Studio,1BA | $3,195 |
111 E 39th St | 1 Studio / 1 Bathroom | Studio,1BA | $3,200 |
The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,300 |
Best Value Apartments for Rent in Midtown, NY
As of October 04, 2025 the best value apartment in the Midtown area is the $5.78 price per square foot 123 E 47th St Model at 123 E 47th St, Unit 3B in the in the Midtown neighborhood starting from $8,675. The second greatest value Midtown apartment is the 232 E 32nd St Model at 232 E 32nd St, Unit 3D starting at $7,098 with a $4.98 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. |
---|---|---|---|
123 E 47th St, Unit 3B | 123 E 47th St | 4BR,2BA | $5.78 |
232 E 32nd St, Unit 3D | 232 E 32nd St | 4BR,2.5BA | $4.98 |
303 E 53rd St, Unit #4 | 303 E 53rd St | 2BR,1BA | $3.90 |
236 E 61st St, Unit 2B | 236 E 61st St | 2BR,1BA | $5.33 |
205 East 31st Street | Flex 2 BR | 2BR,1BA | $5.35 |
576 9th Ave | Flex 2 | 1BR,1BA | $4.99 |
218 E 32nd St, Unit 2C | 218 E 32nd St | 2BR,1BA | $5.93 |
218 E 50th St, Unit 3G | 218 E 50th St | 2BR,1BA | $6.13 |
141 E 29th St, Unit 22 | 141 E 29th St | 2BR,1BA | $6.14 |
419-421 W 50th St | Studio | 1BR,1BA | $6.05 |
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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 the Cheapest Studio apartment in Midtown?
Currently the most affordable Cheap Studio Apartment in Midtown is at 305 W 45th St listed at $2,550.
How much is rent for a Cheap One Bedroom Midtown Apartment?
The lowest price for a Cheap One Bedroom Midtown Apartment is $1,975 at EHS Hudson Yards Campus.
What is the lowest price for a Cheap Two Bedroom Midtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown is starting from $3,800 at 305 W 45th St.
What is the most affordable Midtown Three Bedroom Apartment?
The best deal on a cheap Midtown Three Bedroom Apartment rental is at 419-421 W 50th St and starts from $5,495.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.