
Cheap Apartments for Rent in the Theatre District New York, NY from $1,400 (116 Rentals)
Search the lowest-cost Apartments available for rent right now in the Theatre District area of New York.


Room in Shared 4 bed/1 bath home, Unit 1C

Room in Shared 5 bed/1 bath home, Unit 3C

Room in Shared 5 bed/1 bath home, Unit B

Prime ROOM at The Park Avenue House, Unit 1

Spacious ROOM at The Park Avenue House, Unit 1

Prime ROOM at The Park Avenue House, Unit 3

Welcoming ROOM at The Park Avenue House, Unit 1

Room in Shared 5 bed/1 bath home, Unit 5D

Room in Shared 5 bed/1 bath home, Unit 3B
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 5 bed/1 bath home, Unit E

Room in Shared 4 bed/1 bath home, Unit C

EHS Hudson Yards Campus

Room in Shared 4 bed/1 bath home, Unit B

Room in Shared 5 bed/1 bath home, Unit D

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 4 bed/1 bath home, Unit C

Room in Shared 4 bed/1 bath home, Unit B

Room in Shared 4 bed/2 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit B
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 4 bed/1 bath home, Unit D

Room in Shared 4 bed/1 bath home, Unit 2C

Prime ROOM at The Park Avenue House, Unit 4

Spacious ROOM at The Park Avenue House, Unit 2

Welcoming ROOM at The Park Avenue House, Unit 3

226 E 51st St

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 5 bed/1 bath home, Unit A
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.

Room in Shared 4 bed/1 bath home, Unit C

Room in Shared 3 bed/2 bath home, Unit C

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

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

Room in Shared 5 bed/1 bath home, Unit 3D

Room in Shared 4 bed/2 bath home, Unit C

Room in Shared 4 bed/2 bath home, Unit A

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/2 bath home, Unit A

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

Room in Shared 4 bed/1 bath home, Unit 2A

Amazing ROOM at The Park Avenue House, Unit 2

Amazing ROOM at The Park Avenue House, Unit 3

Room in Shared 4 bed/1 bath home, Unit 1A

Nice Private ROOM in Manhattan, Unit 4

Beautiful Private ROOM in Manhattan, Unit 1

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 4 bed/1 bath home, Unit A
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Theatre District, New York, NY Local Guide

How much does it cost to rent an apartment in Theatre District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Theatre District Studio Apartments | $4,384 | $2,695 | $8,000 |
| Theatre District 1 Bedroom Apartments | $5,746 | $1,950 | $10,000+ |
| Theatre District 2 Bedroom Apartments | $7,605 | $3,750 | $10,000+ |
| Theatre District 3 Bedroom Apartments | $8,353 | $4,995 | $10,000+ |
| Theatre District 4 Bedroom Apartments | $9,301 | $6,995 | $10,000+ |
| Theatre District 5 Bedroom Apartments | $11,156 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 116 rentals with your search options within a 1 mile radius of the Theatre District Neighborhood of New York, NY.
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Theatre District, New York, NY Local Guide
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Cheapest Available Theatre District Apartments for Rent
 The cheapest available apartment rental in the Theatre District area of New York, NY is a 1 Bed unit found at EHS Hudson Yards Campus priced from $1,950. 726 Tenth Ave has the second lowest priced unit, which is a Studio apartment currently listed from $2,995. Here are the most affordable Theatre District apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| EHS Hudson Yards Campus | Single Occupancy Room | 1BR,1BA | $1,950 |
| 726 Tenth Ave | Studio | Studio,1BA | $2,995 |
| 419-421 W 50th St | Studio | 1BR,1BA | $2,995 |
| 69 W 55th St | Studio | Studio,1BA | $3,100 |
| FOUND Study Turtle Bay- Student/Intern | Private Room | Studio,1BA | $3,200 |
| The Towne House | STUDIO / 1 BATH | Studio,1BA | $3,383 |
| 141 E 56th St | Studio, 1 bath | Studio,1BA | $3,395 |
Best Value Apartments for Rent in Theatre District, NY
As of July 11, 2026 the best value apartment in the Theatre District area is the $6.53 price per square foot 4 Beds, 2 baths Model at 137 E 38th St in the in the Gramercy-Flatiron neighborhood starting from $8,495. The second greatest value Theatre District apartment is the 247 E 35th St Model at 247 E 35th St starting at $9,000 with a $6.92 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Theatre District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 137 E 38th St | 4 Beds, 2 baths | 4BR,2BA | $6.53 |
| 247 E 35th St | 247 E 35th St | 3BR,2BA | $6.92 |
| 442 W 44th St | 442 W 44th St | 3BR,2BA | $6.45 |
| 576 9th Ave | Flex 2 | 1BR,1BA | $4.99 |
| 318 E 53rd St, Unit 1b | 318 E 53rd St | 1BR,1BA | $5.38 |
| 245 E 48th St, Unit 2A | 245 E 48th St | 2BR,1BA | $6.01 |
| 337 E 41st St, Unit 2B | 337 E 41st St | Studio ,1BA | $6.38 |
| The Towne House | STUDIO / 1 BATH | Studio ,1BA | $6.44 |
| 419-421 W 50th St | Studio | 1BR,1BA | $6.05 |
| 726 Tenth Ave | Studio | Studio ,1BA | $6.18 |
The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
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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.
Best Local Schools in Theatre District, New York, NY
Ps 111 Adolph S Ochs
School data provided by Great Schools
Lifestyle Ratings
Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across New York and customized analysis for New York City, New York. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Theatre District Apartments
What is a cheap apartment in Theatre District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Theatre District is under $3,395.
What is the price of a cheap apartment in Theatre District?
The cheapest apartment in Theatre District is EHS Hudson Yards Campus which is listed at $1,950, while the average apartment in Theatre District costs $11,156.
What types of apartments are the cheapest in Theatre District?
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 5 regular apartments in Theatre District 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 Theatre District?
Cheap apartments in Theatre District have an average cost of $138 which is $11,018 cheaper than the average rent for all rentals in Theatre District.
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
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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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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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