Cheap Apartments for Rent in the Roosevelt Island Neighborhood of New York, NY from $500 (45 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
Studio to 2 Bedroom Apartments

418 East 81st Street

418 E 81st StNew York, NY 10028
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410 E 81st St
Studio to 1 Bedroom Apartments

410 E 81st St

410 E 81st StNew York, NY 10028
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424 East 66th Street
1 to 2 Bedroom Apartments

424 East 66th Street

424 E 66th StNew York, NY 10021
  • Utilities Included

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.

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50 East End Avenue
Studio to 1 Bedroom Apartments

50 East End Avenue

50 East End AveNew York, NY 10028
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1427 York Ave
1 to 2 Bedroom Apartments

1427 York Ave

1427 York AveNew York, NY 10021
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324 East 66th Street
Studio to 2 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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1450 Second Avenue
Studio to 1 Bedroom Apartments

1450 Second Avenue

1448-1450 Second AveNew York, NY 10021
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426 East 66th Street
Studio to 3 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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225 24TH Street
1 to 2 Bedroom Apartments

225 24TH Street

225 E 73rd StNew York, NY 10021

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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403 E 70th St
1 Bedroom Apartments

403 E 70th St

403 E 70th StNew York, NY 10021
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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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1470 First Ave
Studio to 3 Bedroom 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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 to 2 Bedroom Apartments

450 East 81st Street

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

346 E 62nd St

346 E 62nd StNew York, NY 10065
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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425 East 77th Street
Studio to 1 Bedroom Apartments

425 East 77th Street

425 E 77th StNew York, NY 10021
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415 E 73rd St
Studio to 1 Bedroom Apartments

415 E 73rd St

415 E 73rd StNew York, NY 10021
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307 East 76th Street
1 Bedroom Apartments

307 East 76th Street

307 E 76th StNew York, NY 10021
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1382 1st Avenue
1 to 2 Bedroom Apartments

1382 1st Avenue

1380-1382 First AveNew York, NY 10021
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405 East 69th Street
Studio to 2 Bedroom Apartments

405 East 69th Street

405-409 E 69th StNew York, NY 10021
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334 East 74th Street
Studio to 3 Bedroom Apartments

334 East 74th Street

334 E 74th StNew York, NY 10021
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Beta House
Studio to 2 Bedroom Apartments

Beta House

401 E 77th StNew York, NY 10075
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Riverwalk Park
Studio to 3 Bedroom Apartments

Riverwalk Park

460 Main StRoosevelt Island, NY 10044
Student Housing

Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters

Looking for apartments outside Manhattan? See average rent, commute times, and neighborhood pros for Brooklyn, Queens, Staten Island, Jersey City, and Yonkers.

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Showing Results 1-45, Page 1 of 1

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 Studio unit found at 27 on 27th priced from $2,886. The Octagon has the second lowest priced unit, which is a Studio apartment currently listed from $3,361. Here are the most affordable Roosevelt Island apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
27 on 27thStudio - F Line with TerraceStudio,1BA$2,886
The OctagonS3Studio,1BA$3,361
The YorkStudioStudio,1BA$3,379
252-254 E 74th StSTUDIOStudio,1BA$3,500
Riverwalk Crossing1 Bedroom / 1 Bathroom1BR,1BA$4,230
Riverwalk Point1 Bedroom / 1 Bathroom1BR,1BA$4,325
Tower 285-30 B1BR,1BA$4,512
Manhattan Park2 Bedroom / 1 Bathroom2BR,1BA$4,700

Best Value Apartments for Rent in Roosevelt Island, NY

As of May 30, 2026 the best value apartment in the Roosevelt Island area is the $8.10 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 $15,000. The second greatest value Roosevelt Island apartment is the 3 bedroom Model at The York starting at $11,500 with a $8.85 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 ListingModel NameBed/BathPrice Per Sq.Ft.
420 E 64th St, Unit W7H420 E 64th St4BR,3BA$8.10
The York3 bedroom3BR,2BA$8.85
Manhattan Park2 Bedroom / 1 Bathroom2BR,1BA$5.53
27 on 27th1 Bedroom - E Line1BR,1BA$6.90
Tower 285-30 B1BR,1BA$6.76
The OctagonA81BR,1BA$7.11
The Wellesley1 Bedroom / 1 Bathroom1BR,1BA$7.62
341 E 79th St341 E 79th St2BR,1BA$7.67
252-254 E 74th StSTUDIOStudio ,1BA$7.00
440 E 79th St440 E 79th StStudio ,1BA$7.00

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.

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Don'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.

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A 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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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Roosevelt Island, New York, NY

Ranked #52

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 27 on 27th listed at $2,886.

How much is rent for a Cheap One Bedroom Roosevelt Island Apartment?

The lowest price for a Cheap One Bedroom Roosevelt Island Apartment is $3,910 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 $4,700 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 $5,900.

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

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

Written by: Joshua Carlucci

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.

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The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers

Written by: Joshua Carlucci

New York has a funny way of making your commute part of your identity.

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The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps

Written by: Joshua Carlucci

Every block of New York City feels like a stage set for daily life.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.