
Cheap Apartments for Rent in the Riverwalk Neighborhood of New York, NY from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwalk area of New York.


The Aspen

1567 2nd Ave

726 Tenth Ave

419-421 W 50th St
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.

69 W 55th St

93-99 Commercial St

The Exo

Riverwalk Park
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Riverwalk, New York, NY Local Guide

How much does it cost to rent an apartment in Riverwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwalk Studio Apartments | $3,894 | $2,850 | $8,000 |
| Riverwalk 1 Bedroom Apartments | $5,048 | $1,950 | $10,000+ |
| Riverwalk 2 Bedroom Apartments | $6,508 | $3,500 | $10,000+ |
| Riverwalk 3 Bedroom Apartments | $8,065 | $4,500 | $10,000+ |
| Riverwalk 4 Bedroom Apartments | $8,939 | $6,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Riverwalk Neighborhood of New York, NY.
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Riverwalk, New York, NY Local Guide
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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 $1,950. The Aspen has the second lowest priced unit, which is a Studio apartment currently listed from $2,800. Here are the most affordable Riverwalk 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 |
| The Aspen | Studio | Studio,1BA | $2,800 |
| 1567 2nd Ave | Studio, 1 bath | Studio,1BA | $2,850 |
Best Value Apartments for Rent in Riverwalk, NY
As of July 09, 2026 the best value apartment in the Riverwalk area is the $6.53 price per square foot 4 Beds, 2 baths Model at 137 E 38th St in the in the Gramercy-Flatiron neighborhood starting from $8,495. The second greatest value Riverwalk apartment is the Private room in 12B2B Suite Model at FOUND Study Chelsea- Student/Intern starting at $2,150 with a $1.65 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 137 E 38th St | 4 Beds, 2 baths | 4BR,2BA | $6.53 |
| FOUND Study Chelsea- Student/Intern | Private room in 12B2B Suite | 1BR,1BA | $1.65 |
| 576 9th Ave | Flex 2 | 1BR,1BA | $4.99 |
| The Aspen | Studio | Studio ,1BA | $5.23 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.44 |
| Wimbledon Tower | STUDIO | Studio ,1BA | $7.03 |
| Astoria Cove | Studio | Studio ,1BA | $6.44 |
| 241 E 39th St | Studio | Studio ,1BA | $7.00 |
| 419-421 W 50th St | Studio | 1BR,1BA | $6.05 |
| 726 Tenth Ave | Studio | Studio ,1BA | $6.18 |
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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.
Read ArticleDon'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.
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 LifestyleRiverwalk, New York, NY
Ranked #48
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $3,300.
What is the price of a cheap apartment in Riverwalk?
The cheapest apartment in Riverwalk is EHS Hudson Yards Campus which is listed at $1,950, while the average apartment in Riverwalk costs $8,495.
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 13 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 $1,401 which is $7,094 cheaper than the average rent for all rentals in Riverwalk.
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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
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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.

The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
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New York has a funny way of making your commute part of your identity.

The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
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Every block of New York City feels like a stage set for daily life.
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