Cheap Apartments for Rent in the Riverwalk Neighborhood of New York, NY from $500 (10 Rentals)

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

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Riverwalk Park
Studio to 3 Bedroom Apartments

Riverwalk Park

460 Main StRoosevelt Island, NY 10044
Student Housing

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Riverwalk, New York, NY Local Guide

Cheapest Available Riverwalk Apartments for Rent

 

The cheapest available apartment rental in the Riverwalk area of New York, NY is a 1 Bed unit found at EHS Hudson Yards Campus priced from $1,975. 328-330 E 14th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,800. Here are the most affordable Riverwalk apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
EHS Hudson Yards CampusSingle Occupancy Room1BR,1BA$1,975
328-330 E 14th St1 Bedroom1BR,1BA$2,800
93-99 Commercial StstudioStudio,1BA$2,900

Best Value Apartments for Rent in Riverwalk, NY

As of November 10, 2025 the best value apartment in the Riverwalk area is the $4.65 price per square foot Garden Unit Model at 509 E 87th Street in the in the Upper East Side neighborhood starting from $7,900. The second greatest value Riverwalk apartment is the 2 Bed 1 Bath Model at 215 E 4th St starting at $4,795 with a $5.33 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
509 E 87th StreetGarden Unit4BR,2BA$4.65
215 E 4th St2 Bed 1 Bath2BR,1BA$5.33
FOUND Study Chelsea- Student/InternShared Double Room in 3B2B3BR,1BA$2.44
328-330 E 14th St2 Bedroom w/ LR2BR,1BA$4.89
205 East 31st StreetFlex 2 BR2BR,1BA$5.35
1413 Second Ave1BR/1BA1BR,1BA$4.99
Sven1 Bedroom / 1 Bathroom1BR,1BA$5.50
The Exo3-9D1BR,1BA$4.94
The Towne HouseSTUDIO / 1 BATHStudio ,1BA$5.71
The Dryden EastMASSIVE STUDIOStudio ,1BA$5.99

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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
Riverwalk, New York, NY

Ranked #37

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Riverwalk Neighborhood in New York, NY

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

100 / 100

Rider’s Paradise

World-class public transportation

Frequently Asked Questions about Cheap Riverwalk Apartments

What is a cheap apartment in Riverwalk?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverwalk is under $3,335.

What is the price of a cheap apartment in Riverwalk?

The cheapest apartment in Riverwalk is EHS Hudson Yards Campus which is listed at $1,975, while the average apartment in Riverwalk costs $8,500.

What types of apartments are the cheapest in Riverwalk?

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 76 regular apartments in Riverwalk 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 Riverwalk?

Cheap apartments in Riverwalk have an average cost of $1,142 which is $7,358 cheaper than the average rent for all rentals in Riverwalk.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.