Login

Cheap Apartments for Rent

Upcoming Open Houses
Sun, Dec 16 11:00am - 5:00pm
$2,681
Studio at 247 N 7th Street
Sun, Dec 16 1:00pm - 2:00pm
$2,425
1BR at 43 Underhill Ave
Sun, Dec 16 3:00pm - 4:00pm
$2,300
2BR at 1462 Pacific Street
Sort:   Quality   |   Price
« Back   |   Page     of 1117 (22,337 Rentals) Page 1 of 1117   |   Next »
1 hour  |  100
21-16 31st Ave, Apt 5C
Astoria, Northwestern Queens, Queens
$2,850 1 Bed 1 Bath
By Frank Bouklis
Check Availability
No Fee
 
Exclusive
  710 ft² · Elevator · Laundry in Unit · Hardwood Floors
24 mins  |  100
219 East 88 Street, Apt 5B
Yorkville, Upper East Side, Upper Manhattan, Manhattan
$1,950 Studio 1 Bath
By Maurice Patterson
Check Availability
No Fee
 
Exclusive
  Pre-War · Loft · Hardwood Floors
1 hour  |  100
East 78th Street
Upper East Side, Upper Manhattan, Manhattan
$2,550 1 Bed 1 Bath
By Christopher Needham
Check Availability
Pre-War
2 hours  |  100
346 West 47th Street, Apt 2A
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,140 Studio 1 Bath
By Robert Forster
Check Availability
Exclusive
 
2 mins  |  100
Columbus Ave
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
$2,190 Studio 1 Bath
Rubens Jourdan, Upper West Side Expert
Check Availability
No Fee
  Doorman · Elevator · Laundry in Unit · Hardwood Floors · Furnished
2 hours  |  100
East 10th Street
Greenwich Village, Downtown Manhattan, Manhattan
$2,800 Studio 1 Bath
By Jada Yan
Check Availability
Elevator · Hardwood Floors · Furnished
3 hours  |  100
E 7th St
Alphabet City, East Village, Downtown Manhattan, Manhattan
$2,450 Studio 1 Bath
By Dominique Seagears
Check Availability
No Fee
  Hardwood Floors
2 hours  |  100
E 67th St.
Upper East Side, Upper Manhattan, Manhattan
$2,400 Studio 1 Bath
By Gus (Ergys) Qeramixhi
Check Availability
No Fee
  Doorman · Elevator · Pre-War · Hardwood Floors
2 hours  |  100
Park Row
Financial District, Downtown Manhattan, Manhattan
$2,800 Studio 1 Bath
By Maya Tal
Check Availability
No Fee
  Doorman · Elevator · Pre-War
1 hour  |  100
Crescent St.
Long Island City, Northwestern Queens, Queens
$3,000 1 Bed 1 Bath
Shlomi Vaknin, Long Island City Expert
Check Availability
No Fee
  635 ft² · Doorman · Elevator · Laundry in Unit · Hardwood Floors
19 mins  |  100
235 east 95
Yorkville, Upper East Side, Upper Manhattan, Manhattan
$2,700 Studio 1 Bath
By Slava Dobroff
Check Availability
No Fee
  Doorman · Elevator
2 hours  |  100
1st Ave & 59th Street
Sutton Place, Midtown East, Midtown Manhattan, Manhattan
$2,251 1 Bed 1 Bath
By Allan Simmons
Check Availability
No Fee
 
2 hours  |  100
Ridge Street
Lower East Side, Downtown Manhattan, Manhattan
$2,928 Studio 1.5 Bath
By Aaron Nitzani
Check Availability
No Fee
  Laundry in Unit
1 hour  |  100
Junction Blvd
Rego Park, Northwestern Queens, Queens
$2,895 1 Bed 1 Bath
By Joshua Haiimpour
Check Availability
No Fee
  Doorman · Elevator · Laundry in Unit · Hardwood Floors
9 hours  |  100
28-51 34th St
Astoria, Northwestern Queens, Queens
$1,995 1 Bed 1 Bath
By Nikolay Antchev
Check Availability
2 hours  |  99.5
East 80th Street
Upper East Side, Upper Manhattan, Manhattan
$2,575 2 Bed 1 Bath
By Roxanne Fabien
Check Availability
No Fee
  456 ft²
24 mins  |  100
Second Avenue
Kips Bay, Midtown Manhattan, Manhattan
$2,150 Studio 1 Bath
By Maurice Patterson
Check Availability
Elevator · Hardwood Floors
23 mins  |  100
West 84th Street
Upper West Side, Upper Manhattan, Manhattan
$1,995 1 Bed 1 Bath
By Maurice Patterson
Check Availability
Pre-War · Hardwood Floors
23 mins  |  100
West 84th Street
Upper West Side, Upper Manhattan, Manhattan
$1,995 1 Bed 1 Bath
By Maurice Patterson
Check Availability
Pre-War · Hardwood Floors
23 mins  |  100
West 105th Street
Upper West Side, Upper Manhattan, Manhattan
$2,420 2 Bed 1 Bath
By Maurice Patterson
Check Availability
Pre-War
« Back   |   Page     of 1117 (22,337 Rentals) Page 1 of 1117   |   Next »

Cheap

New York is certainly one of the most exciting and diverse cities in the world. Yet, there is no question that it is also one of the most expensive. In fact, the standard one-bedroom apartment averages over $3,200. Even studios (or smaller units) aren't much cheaper. These prices can certainly dissuade any new graduates moving into the city. Don't fret, though. There are a number of cheap and affordable options throughout the city (and the outer boroughs). In addition, if you're willing to…

New York is certainly one of the most exciting and diverse cities in the world. Yet, there is no question that it is also one of the most expensive. In fact, the standard one-bedroom apartment averages over $3,200. Even studios (or smaller units) aren't much cheaper. These prices can certainly dissuade any new graduates moving into the city. Don't fret, though. There are a number of cheap and affordable options throughout the city (and the outer boroughs). In addition, if you're willing to have a roommate, a lot more options open up. Here at RentHop, we're helping you find the best affordable apartments within your budget. You can search for cheap apartments by price, location, as well as filter by floorplans. We've also written a comprehensive rental guide that will teach you more about the NYC rental process.

Saving Money

There are a number of ways to save money when looking for an apartment. First, you're paying a massive premium if you want to live in a doorman/elevator luxury building. Do you really need someone to accept your packages and watch the front door? Do you really need an elevator (or are you willing to walk up a few steps?). Second, much larger apartments tend to be cheaper per bedroom. If you're willing to live with multiple roommates, you can probably save money by dividing the cost of the common area among multiple people. Third, do you really need to be close to the trendy areas of the city? The public transportation system in New York is pretty robust. As long as you live near a subway line, you can pretty much get anyone in the city decently fast. Finally, for those who don't mind walking and exercise, RentHop has found that apartments farther away from subway access and on the higher floors of walkups tend to be significantly cheaper. If you're willing to compromise, there are a number of affordable apartments in New York (and even Manhattan). Of course, very rarely, you might find that "gem" apartment in the city. Save your searches on our site to get updates whenever new apartments pop up.

Best Neighborhoods for Finding Bargains

Every neighborhood has its own distinct flavor. Some neighborhoods are built tall (with skyscrapers and commercial buildings). Other neighborhoods are filled with old walk-ups and greenery. There is no question that prices also differ by neighborhood. The average price of a one-bedroom in NoMad (north of Madison Park) might be over $4,000 whereas a one-bedroom in the Lower East Side is only around $2,700. Even in adjoining neighborhoods, the prices can differ significantly. A few blocks matter!

When looking for the neighborhoods keep an open mind on the surrounding areas (and neighborhoods) to find the best "bang for buck" in terms of quality relative to cheapness. To get you started, though, RentHop has found that Lower East Side apartments, Upper East Side apartments, East Village apartments tend to be cheaper. Many of these areas have fewer luxury high-rise buildings and more inventory of older walkups (which tend to be cheaper). If you're looking to live in a luxury high-rise, your best bet might be Midtown East and the Financial District. Brooklyn Heights and Jersey City offer additional discounts if you're OK with living outside of Manhattan.

Why is it so expensive?

How did New York City get so expensive? First off, the pricing in Manhattan shouldn't be too surprising given that it is effectively a small peninsula with a limited amount of space. In addition, zoning laws across the city prevent it from "building up" except in certain neighborhoods. Just as important, though, is the relative wealth of the city. The New York City metropolitan area (which includes part of Jersey) has the second highest median household income (only slightly beaten by the San Francisco area). Finally, condos and co-ops in the city have become somewhat of an "investment asset," reducing the available inventory for renting.

Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2018 RentHop.com™