Cheap Homes for Rent in Midtown Neighborhood of New York, NY from $2,100 (59 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

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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

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property at 229 E 28th St

229 E 28th St

New YorkNY10016
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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 Hudson Yards Campus priced from $1,975. 315 E 58th St has the second lowest priced unit, which is a Studio apartment currently listed from $2,850. Here are the most affordable Midtown apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Hudson Yards CampusSingle Occupancy Room1BR,1BA$1,975
315 E 58th StStudioStudio,1BA$2,850
207 East 37th StreetStudioStudio,1BA$2,850
Wimbledon TowerSTUDIOStudio,1BA$2,995
Embassy HouseStudioStudio,1BA$2,995
419-421 W 50th StStudio1BR,1BA$2,995
305 W 45th StSTUDIOStudio,1BA$3,000

Best Value Apartments for Rent in Midtown, NY

As of June 01, 2025 the best value apartment in the Midtown area is the $5.58 price per square foot 127 West 56th Street Model at 127 West 56th Street, Unit Apt 4 in the in the Upper East Side neighborhood starting from $7,250. The second greatest value Midtown apartment is the 3 bed Model at 726 Tenth Ave starting at $6,195 with a $5.39 price per square foot in the West 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.
127 West 56th Street, Unit Apt 4127 West 56th Street4BR,2BA$5.58
726 Tenth Ave3 bed3BR,1.5BA$5.39
Oxford EastFLEX 3 BEDROOM3BR,2BA$5.80
236 E 61st St, Unit 2B236 E 61st St2BR,1BA$5.00
141 E 29th St, Unit 22141 E 29th St2BR,1BA$5.73
The Ambassador EastFLEX 22BR,1BA$5.79
251 E 61st St, Unit 6A251 E 61st St1BR,1BA$5.99
Embassy HouseStudioStudio ,1BA$5.21
Wimbledon TowerSTUDIOStudio ,1BA$5.72
305 W 45th StSTUDIOStudio ,1BA$6.00

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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Frequently Asked Questions about Midtown

What type of rentals are currently available in Midtown?

There are currently 3431 Apartments for Rent in Midtown, NY with pricing that ranges from $1,600 to $65,000. There are also 533 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown ranging from $2,195 to $50,000.

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 $2,195 to $50,000 with an average monthly rent of $16,220.

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 $1,975 to $47,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $6,100 to $35,000. Four Bedroom Single-Family rentals are also available starting from $7,995 and Four Bedroom Apartments start at $1,600.

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.