Cheap Apartments for Rent in the Roosevelt Island Neighborhood of New York, NY from $500 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roosevelt Island area of New York.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Roosevelt Island, New York, NY Local Guide

How much does it cost to rent an apartment in Roosevelt Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Roosevelt Island Studio Apartments | $3,552 | $2,480 | $9,250 |
Roosevelt Island 1 Bedroom Apartments | $4,808 | $2,750 | $10,000+ |
Roosevelt Island 2 Bedroom Apartments | $5,429 | $3,320 | $10,000+ |
Roosevelt Island 3 Bedroom Apartments | $8,092 | $5,700 | $10,000+ |
Roosevelt Island 4 Bedroom Apartments | $19,166 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Roosevelt Island Neighborhood of New York, NY.
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Roosevelt Island, New York, NY Local Guide
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Cheapest Available Roosevelt Island Apartments for Rent
 The cheapest available apartment rental in the Roosevelt Island area of New York, NY is a Studio unit found at 1483 First Avenue priced from $2,850. 252-254 E 74th St has the second lowest priced unit, which is a Studio apartment currently listed from $3,600. Here are the most affordable Roosevelt Island apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1483 First Avenue | Studio, 1 Bath | Studio,1BA | $2,850 |
252-254 E 74th St | STUDIO | Studio,1BA | $3,600 |
414 East 71st Street | Flex 3 / 1 Bathroom | 2BR,1BA | $3,600 |
27 on 27th | 1 Bedroom - A Line | 1BR,1BA | $3,908 |
Tower 28 | 17-45 K | Studio,1BA | $3,953 |
1413 Second Ave | 1BR/1BA | 1BR,1BA | $3,995 |
The Octagon | A3 | 1BR,1BA | $4,014 |
Manhattan Park | 1 Bedroom / 1 Bathroom | 1BR,1BA | $4,150 |
Riverwalk Crossing | 1 Bedroom / 1 Bathroom | 1BR,1BA | $4,150 |
Riverwalk Point | 1 Bedroom / 1 Bathroom | 1BR,1BA | $4,295 |
Best Value Apartments for Rent in Roosevelt Island, NY
As of September 14, 2025 the best value apartment in the Roosevelt Island area is the $4.56 price per square foot 440 E 79th St Model at 440 E 79th St, Unit 6O in the in the Upper East Side neighborhood starting from $8,200. The second greatest value Roosevelt Island apartment is the Flex 3 / 1 Bathroom Model at 414 East 71st Street starting at $3,600 with a $3.60 price per square foot in the Upper East Side neighborhood. Here is today’s list of the best values for Roosevelt Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
440 E 79th St, Unit 6O | 440 E 79th St | 3BR,3BA | $4.56 |
414 East 71st Street | Flex 3 / 1 Bathroom | 2BR,1BA | $3.60 |
The Stratford | One Bedroom | 1BR,1BA | $5.55 |
The Caldwell | A05 | 1BR,1BA | $7.30 |
1413 Second Ave | 1BR/1BA | 1BR,1BA | $4.99 |
27 on 27th | 1 Bedroom - Large C Line | 1BR,1BA | $7.17 |
The Octagon | A4 | 1BR,1BA | $7.02 |
Manhattan Park | 1 Bedroom / 1 Bathroom | 1BR,1BA | $6.80 |
Tower 28 | 17-45 K | Studio ,1BA | $7.49 |
252-254 E 74th St | STUDIO | Studio ,1BA | $7.20 |
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Pet Friendly LifestyleRoosevelt Island, New York, NY
Ranked #89
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Roosevelt Island, New York, NY
School data provided by Great Schools
Frequently Asked Questions about Cheap Roosevelt Island Apartments
What is the Cheapest Studio apartment in Roosevelt Island?
Currently the most affordable Cheap Studio Apartment in Roosevelt Island is at 1483 First Avenue listed at $2,850.
How much is rent for a Cheap One Bedroom Roosevelt Island Apartment?
The lowest price for a Cheap One Bedroom Roosevelt Island Apartment is $3,908 at 27 on 27th.
What is the lowest price for a Cheap Two Bedroom Roosevelt Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Roosevelt Island is starting from $3,600 at 414 East 71st Street.
What is the most affordable Roosevelt Island Three Bedroom Apartment?
The best deal on a cheap Roosevelt Island Three Bedroom Apartment rental is at 252-254 E 74th St and starts from $5,950.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.