Cheap Homes for Rent in Roosevelt Island Neighborhood of New York, NY from $1,700 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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 The Octagon priced from $3,332. 252-254 E 74th St has the second lowest priced unit, which is a Studio apartment currently listed from $3,800. Here are the most affordable Roosevelt Island apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
The OctagonS3Studio,1BA$3,332
252-254 E 74th StSTUDIOStudio,1BA$3,800
27 on 27th1 Bedroom - A Line1BR,1BA$3,908

Best Value Apartments for Rent in Roosevelt Island, NY

As of August 30, 2025 the best value apartment in the Roosevelt Island area is the $7.69 price per square foot 3 Bedroom / 3 Bathroom Model at The Wellesley in the in the Upper East Side neighborhood starting from $10,000. The second greatest value Roosevelt Island apartment is the A05 Model at The Caldwell starting at $5,782 with a $7.03 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.
The Wellesley3 Bedroom / 3 Bathroom3BR,3BA$7.69
The CaldwellA051BR,1BA$7.03
1413 Second Ave1BR/1BA1BR,1BA$4.99
450 E 78th St, Unit 4H450 E 78th St2BR,1BA$8.39
27 on 27th1 Bedroom - Large C Line1BR,1BA$7.33
Manhattan Park1 Bedroom / 1 Bathroom1BR,1BA$6.80
Tower 2817-45 KStudio ,1BA$7.49
252-254 E 74th StSTUDIOStudio ,1BA$7.60
The OctagonS3Studio ,1BA$6.66

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Roosevelt Island, New York, NY

Ranked #60

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Roosevelt Island

What type of rentals are currently available in Roosevelt Island?

There are currently 1014 Apartments for Rent in Roosevelt Island, NY with pricing that ranges from $2,520 to $22,320. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roosevelt Island ranging from $1,710 to $17,900.

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 $1,710 to $17,900 with an average monthly rent of $5,491.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in New York City article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.