Cheap Apartments for Rent in the Roosevelt Island Neighborhood of New York, NY from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roosevelt Island area of New York.
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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 | $3,900 | $2,795 | $6,570 |
| Roosevelt Island 1 Bedroom Apartments | $4,856 | $2,772 | $10,000+ |
| Roosevelt Island 2 Bedroom Apartments | $6,772 | $2,940 | $10,000+ |
| Roosevelt Island 3 Bedroom Apartments | $12,950 | $5,950 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 34 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 1 Bed unit found at The Oxford Houses priced from $1,795. 27 on 27th has the second lowest priced unit, which is a Studio apartment currently listed from $3,243. Here are the most affordable Roosevelt Island apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Oxford Houses | Oxford House Residence – D (434) | 1BR,1BA | $1,795 |
| 27 on 27th | Studio - F Line with Terrace | Studio,1BA | $3,243 |
| The Octagon | S3 | Studio,1BA | $3,296 |
| Tower 28 | 5-31 E | Studio,1BA | $3,332 |
| 252-254 E 74th St | STUDIO | Studio,1BA | $3,600 |
| Riverwalk Crossing | 1 Bedroom / 1 Bathroom | 1BR,1BA | $4,050 |
| Manhattan Park | 2 Bedroom / 1 Bathroom | 2BR,1BA | $4,400 |
| The Wellesley | 1 Bedroom / 1 Bathroom | 1BR,1BA | $4,700 |
| The Stratford | One Bedroom | 1BR,1BA | $4,995 |
Best Value Apartments for Rent in Roosevelt Island, NY
As of December 19, 2025 the best value apartment in the Roosevelt Island area is the $6.89 price per square foot 420 E 64th St Model at 420 E 64th St, Unit W7H in the in the Upper East Side neighborhood starting from $12,750. The second greatest value Roosevelt Island apartment is the 440 E 79th St Model at 440 E 79th St, Unit 6O starting at $8,200 with a $4.56 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. |
|---|---|---|---|
| 420 E 64th St, Unit W7H | 420 E 64th St | 3BR,3.5BA | $6.89 |
| 440 E 79th St, Unit 6O | 440 E 79th St | 3BR,3BA | $4.56 |
| The Caldwell | B02 | 2BR,2BA | $6.92 |
| Manhattan Park | Flex 3 / 2 Bathroom | 2BR,2BA | $5.55 |
| The Wellesley | 1 Bedroom / 1 Bathroom | 1BR,1BA | $6.48 |
| The Octagon | A4 | 1BR,1BA | $7.02 |
| 252-254 E 74th St | STUDIO | Studio ,1BA | $7.20 |
| 27 on 27th | Studio - F Line with Terrace | Studio ,1BA | $6.60 |
| 341 E 79th St, Unit 5A | 341 E 79th St | Studio ,1BA | $6.67 |
| The Oxford Houses | Oxford House Residence – D (434) | 1BR,1BA | $4.27 |
The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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
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Pet Friendly LifestyleRoosevelt Island, New York, NY
Ranked #43
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 Tower 28 listed at $3,242.
How much is rent for a Cheap One Bedroom Roosevelt Island Apartment?
The lowest price for a Cheap One Bedroom Roosevelt Island Apartment is $1,795 at The Oxford Houses.
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 $4,400 at Manhattan Park.
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
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 Experts 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.
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