Cheap Homes for Rent in the Midtown Neighborhood of New York, NY from $1,200 (41 Rentals)

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property at 159 W 53rd St

$1,200

1 Bedroom Rentals

Available Now

159 W 53rd St

New YorkNY10019

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.

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.

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.

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.

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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. 726 Tenth Ave has the second lowest priced unit, which is a Studio apartment currently listed from $2,995. 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
726 Tenth AveStudioStudio,1BA$2,995
419-421 W 50th StStudio1BR,1BA$2,995
69 W 55th StStudioStudio,1BA$3,100
FOUND Study Turtle Bay- Student/InternPrivate RoomStudio,1BA$3,200
240 E 23rd St1 Bedroom1BR,1BA$3,300

Best Value Apartments for Rent in Midtown, NY

As of July 09, 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 401 E 57th St Model at 401 E 57th St starting at $5,100 with a $5.07 price per square foot in the Upper East Side 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
401 E 57th St401 E 57th St2BR,1BA$5.07
328 E 30th St, Unit 1328 E 30th St3BR,1BA$4.95
318 E 53rd St, Unit 1b318 E 53rd St1BR,1BA$5.38
576 9th AveFlex 21BR,1BA$4.99
245 E 48th St, Unit 2A245 E 48th St2BR,1BA$6.01
337 E 41st St, Unit 2B337 E 41st StStudio ,1BA$6.38
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$6.44
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.

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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.

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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

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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.

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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.

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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

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Frequently Asked Questions about Midtown

What type of rentals are currently available in Midtown?

There are currently 3264 Apartments for Rent in Midtown, NY with pricing that ranges from $1,950 to $31,595. There are also 627 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $1,780 to $34,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown ranges from $1,780 to $34,000 with an average monthly rent of $9,136.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown range from $4,700 to $23,318, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,890 to $30,000. Four Bedroom Single-Family rentals are also available starting from $1,780 and Four Bedroom Apartments start at $6,995.

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

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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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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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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.