Cheap Apartments for Rent in the Roosevelt Island Neighborhood of New York, NY from $500 (40 Rentals)

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

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1366 York Ave
1 Bedroom Apartments

1366 York Ave

1366 York AveNew York, NY 10021
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418 East 81st Street
1 Bedroom Apartments

418 East 81st Street

418 E 81st StNew York, NY 10028
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410 E 81st St
Studio Apartments

410 E 81st St

410 E 81st StNew York, NY 10028
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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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424 East 66th Street
1 Bedroom Apartments

424 East 66th Street

424 E 66th StNew York, NY 10021
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1427 York Ave
1 Bedroom Apartments

1427 York Ave

1427 York AveNew York, NY 10021
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324 East 66th Street
Studio to 1 Bedroom Apartments

324 East 66th Street

324 E 66th StNew York, NY 10065
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The Oxford Houses
Studio to 1 Bedroom Apartments

The Oxford Houses

430-434 E 72nd StNew York, NY 10021
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426 East 66th Street
1 Bedroom Apartments

426 East 66th Street

426 E 66th StNew York, NY 10021
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357 E 68th St
Studio to 1 Bedroom Apartments

357 E 68th St

357 E 68th StNew York, NY 10065
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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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225 24TH Street
1 Bedroom Apartments

225 24TH Street

225 E 73rd StNew York, NY 10021
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527 E 78th
Studio to 2 Bedroom Apartments

527 E 78th

527 E 78th StNew York, NY 10075
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414 E 77th St
Studio to 2 Bedroom Apartments

414 E 77th St

414 E 77th StNew York, NY 10021
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403 E 70th St
1 Bedroom Apartments

403 E 70th St

403 E 70th StNew York, NY 10021
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244 E 78th St
Studio to 2 Bedroom Apartments

244 E 78th St

244 E 78th StNew York, NY 10075
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1470 First Ave
Studio Apartments

1470 First Ave

1470 First AveNew York, NY 10075
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344 E 62nd St
1 Bedroom Apartments

344 E 62nd St

344 E 62nd StNew York, NY 10065
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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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418 E 73rd St
1 Bedroom Apartments

418 E 73rd St

418 E 73rd StNew York, NY 10021
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450 East 81st Street
Studio Apartments

450 East 81st Street

450-452 E 81st StNew York, NY 10028
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346 E 62nd St
1 to 2 Bedroom Apartments

346 E 62nd St

346 E 62nd StNew York, NY 10065
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211-213 East 73rd Street
Studio to 1 Bedroom Apartments

211-213 East 73rd Street

211-213 E 73rd StNew York, NY 10021
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Riverwalk Park
Studio to 3 Bedroom Apartments

Riverwalk Park

460 Main StRoosevelt Island, NY 10044

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

Roosevelt Island, New York, NY Local Guide

Cheapest Available Roosevelt Island Apartments for Rent

 

The cheapest available apartment rental in the Roosevelt Island area of New York, NY is a 4 Beds unit found at The Reserve priced from $1,860. 1370-1374 York Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,650. Here are the most affordable Roosevelt Island apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The Reserve4 Bed 2 Bath - D4BR,2BA$1,860
1370-1374 York Ave2BR/1BA2BR,1BA$2,650
Tower 2832-57 EStudio,$2,989
Skylimit TowerTerrace1BR,1BA$3,050
The OctagonS3Studio,1BA$3,319
27 on 27thStudio - F Line with TerraceStudio,1BA$3,486
88 East End AveStudio, 1 bathStudio,1BA$3,500
View 34Studio E1AStudio,1BA$3,510
Manhattan Park1 Bedroom / 1 Bathroom1BR,1BA$4,150
Yorkshire TowersStudio / 1 BathroomStudio,1BA$4,200

Best Value Apartments for Rent in Roosevelt Island, NY

As of May 29, 2025 the best value apartment in the Roosevelt Island area is the $4.94 price per square foot Belon Model at The Oyster in the in the Upper East Side neighborhood starting from $6,000. The second greatest value Roosevelt Island apartment is the 4 Bed 2 Bath - D Model at The Reserve starting at $1,860 with a $1.72 price per square foot in the Uptown neighborhood. Here is today’s list of the best values for Roosevelt Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The OysterBelon2BR,2BA$4.94
The Reserve4 Bed 2 Bath - D4BR,2BA$1.72
1370-1374 York Ave2BR/1BA2BR,1BA$3.31
88 East End Ave2 Beds, 1 bath2BR,1BA$7.86
The Wellesley1 Bedroom / 1 Bathroom1BR,1BA$7.46
Manhattan Park1 Bedroom / 1 Bathroom1BR,1BA$6.59
The OctagonA41BR,1BA$6.67
The Ashford NYCPH DStudio ,1BA$7.88
27 on 27thStudio - F Line with TerraceStudio ,1BA$7.10
Skylimit Tower1 Balcony1BR,1BA$6.72

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Roosevelt Island, New York, NY

Ranked #69

Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Roosevelt Island Apartments

What is a cheap apartment in Roosevelt Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Roosevelt Island is under $4,200.

What is the price of a cheap apartment in Roosevelt Island?

The cheapest apartment in Roosevelt Island is Skylimit Tower which is listed at $3,050, while the average apartment in Roosevelt Island costs $7,500.

What types of apartments are the cheapest in Roosevelt Island?

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 2 regular apartments in Roosevelt Island 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 Roosevelt Island?

Cheap apartments in Roosevelt Island have an average cost of $5,000 which is $2,500 cheaper than the average rent for all rentals in Roosevelt Island.

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.