
Cheap Apartments for Rent in the Roosevelt Island Neighborhood of New York, NY from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roosevelt Island area of New York.


The Reserve

Private bedroom in 3 bed/1 bath Home

Private bedroom in 3 bed/1 bath Home
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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 | $4,369 | $2,250 | $9,250 |
Roosevelt Island 1 Bedroom Apartments | $5,028 | $2,550 | $9,750 |
Roosevelt Island 2 Bedroom Apartments | $6,889 | $3,095 | $10,000+ |
Roosevelt Island 3 Bedroom Apartments | $8,119 | $1,800 | $10,000+ |
Roosevelt Island 4 Bedroom Apartments | $8,218 | $1,895 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 40 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserve | 4 Bed 2 Bath - D | 4BR,2BA | $1,860 |
1370-1374 York Ave | 2BR/1BA | 2BR,1BA | $2,650 |
Tower 28 | 32-57 E | Studio, | $2,989 |
Skylimit Tower | Terrace | 1BR,1BA | $3,050 |
The Octagon | S3 | Studio,1BA | $3,319 |
27 on 27th | Studio - F Line with Terrace | Studio,1BA | $3,486 |
88 East End Ave | Studio, 1 bath | Studio,1BA | $3,500 |
View 34 | Studio E1A | Studio,1BA | $3,510 |
Manhattan Park | 1 Bedroom / 1 Bathroom | 1BR,1BA | $4,150 |
Yorkshire Towers | Studio / 1 Bathroom | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Oyster | Belon | 2BR,2BA | $4.94 |
The Reserve | 4 Bed 2 Bath - D | 4BR,2BA | $1.72 |
1370-1374 York Ave | 2BR/1BA | 2BR,1BA | $3.31 |
88 East End Ave | 2 Beds, 1 bath | 2BR,1BA | $7.86 |
The Wellesley | 1 Bedroom / 1 Bathroom | 1BR,1BA | $7.46 |
Manhattan Park | 1 Bedroom / 1 Bathroom | 1BR,1BA | $6.59 |
The Octagon | A4 | 1BR,1BA | $6.67 |
The Ashford NYC | PH D | Studio ,1BA | $7.88 |
27 on 27th | Studio - F Line with Terrace | Studio ,1BA | $7.10 |
Skylimit Tower | 1 Balcony | 1BR,1BA | $6.72 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRoosevelt Island, New York, NY
Ranked #69
Among neighborhoods in New York, NY 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 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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