
Cheap Homes for Rent in Roosevelt Island Neighborhood of New York, NY from $1,700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Roosevelt Island area of New York.

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.

Room in Shared 3 bed/1 bath home, Unit A
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.

Room in Shared 3 bed/1 bath home, Unit C
Roosevelt Island, New York, NY Local Guide

How much does it cost to rent a home in Roosevelt Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roosevelt Island 2 Bedroom Homes for Rent | $13,298 | $4,500 | $10,000+ |
| Roosevelt Island 3 Bedroom Homes for Rent | $2,052 | $1,730 | $2,430 |
| Roosevelt Island 4 Bedroom Homes for Rent | $40,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Roosevelt Island, NY
As of May 07, 2026 the best value apartment in the Roosevelt Island area is the $8.37 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 $15,500. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 420 E 64th St, Unit W7H | 420 E 64th St | 4BR,3BA | $8.37 |
| The York | 3 bedroom | 3BR,2BA | $8.85 |
| The Wellesley | 1 Bedroom / 1 Bathroom | 1BR,1BA | $6.83 |
| The Octagon | A4 | 1BR,1BA | $7.12 |
| Manhattan Park | 1 Bedroom / 1 Bathroom | 1BR,1BA | $6.80 |
| 341 E 79th St | 341 E 79th St | 2BR,1BA | $7.67 |
| 440 E 79th St | 440 E 79th St | Studio ,1BA | $7.00 |
| 252-254 E 74th St | STUDIO | Studio ,1BA | $7.00 |
| 167 E 71st St, Unit 2B | 167 E 71st St | Studio ,1BA | $6.37 |
| 27 on 27th | Studio - F Line with Terrace | Studio ,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.
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 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleRoosevelt Island, New York, NY
Ranked #37
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
Vanguard High School
School data provided by Great Schools
Frequently Asked Questions about Roosevelt Island
What type of rentals are currently available in Roosevelt Island?
There are currently 1007 Apartments for Rent in Roosevelt Island, NY with pricing that ranges from $2,650 to $36,292. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roosevelt Island ranging from $1,730 to $40,000.
What is the current price range for Rental Homes in Roosevelt Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Roosevelt Island ranges from $1,730 to $40,000 with an average monthly rent of $12,472.
How much are larger Three and Four Bedroom Rentals in Roosevelt Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Roosevelt Island range from $5,900 to $36,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,730 to $2,430. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $10,000.
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
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.

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.

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

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.

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.