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Cheap Apartments for Rent

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Studio, Chelsea Rental in NYC for $2,200 - Photo 1 Studio, Chelsea Rental in NYC for $2,200 - Photo 2
1 hour ago  |  Score: 100
301 Tenth Avenue, Apt 5B
Chelsea, Midtown Manhattan, Manhattan
$2,200
|
Studio
|
1 Bath
By Giaz Khan, Chelsea Expert
Check Availability
No Fee
Video Tour
2 Bedrooms, Upper East Side Rental in NYC for $2,400 - Photo 1 2 Bedrooms, Upper East Side Rental in NYC for $2,400 - Photo 2
3 hours ago  |  Score: 100
1443 York Avenue, Apt 3S
Upper East Side, Upper Manhattan, Manhattan
$2,400
|
2 Bed
|
1 Bath
By Coco Mindreau
Check Availability
No Fee
Video Tour
Video Tour
Studio, Upper East Side Rental in NYC for $1,975 - Photo 1 Studio, Upper East Side Rental in NYC for $1,975 - Photo 2
5 hours ago  |  Score: 100
237 East 59th Street, Apt 4B
Upper East Side, Upper Manhattan, Manhattan
$1,975
|
Studio
|
1 Bath
By Yousaf Rehman
Check Availability
Video Tour
No Fee
By Owner
Studio, Hell's Kitchen Rental in NYC for $2,800 - Photo 1 Studio, Hell's Kitchen Rental in NYC for $2,800 - Photo 2
1 hour ago  |  Score: 98.6
620 West 42nd Street, Apt STUD...
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,800
|
Studio
|
1 Bath
By Annika
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No Fee
By Owner
2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,700 - Photo 1 2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,700 - Photo 2
6 hours ago  |  Score: 98.5
265 Nostrand Avenue, Apt C5
Bedford-Stuyvesant, Northern Brooklyn, Brooklyn
$2,700
|
2 Bed
|
1 Bath
By Duran Doughlin, Bedford-Stuyvesant Expert
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No Fee
Studio, Lincoln Square Rental in NYC for $2,250 - Photo 1 Studio, Lincoln Square Rental in NYC for $2,250 - Photo 2
6 hours ago  |  Score: 98.4
34 West 65th Street, Apt 1F
Lincoln Square, Upper West Side, Upper Manhattan, Manhattan
$2,250
|
Studio
|
1 Bath
By Katherine Seta
Check Availability
No Fee
No Fee
Studio, Yorkville Rental in NYC for $1,780 - Photo 1 Studio, Yorkville Rental in NYC for $1,780 - Photo 2
5 hours ago  |  Score: 98.4
225 East 95th Street, Apt 25B
Yorkville, Upper East Side, Upper Manhattan, Manhattan
$1,780
|
Studio
|
1 Bath
By Jamie fields
Check Availability
No Fee
1 Bedroom, Borough Park Rental in NYC for $1,995 - Photo 1 1 Bedroom, Borough Park Rental in NYC for $1,995 - Photo 2
5 hours ago  |  Score: 98.1
3391 12th Avenue, Apt 1
Borough Park, Southwestern Brooklyn, Brooklyn
$1,995
|
1 Bed
|
1 Bath
By Milena Pereira Silva
Check Availability
No Fee
1 Bedroom, Yorkville Rental in NYC for $2,000 - Photo 1 1 Bedroom, Yorkville Rental in NYC for $2,000 - Photo 2
5 hours ago  |  Score: 97.8
225 East 95th Street, Apt 5B
Yorkville, Upper East Side, Upper Manhattan, Manhattan
$2,000
|
1 Bed / Flex 2
|
1 Bath
By Jamie fields
Check Availability
No Fee
2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,800 - Photo 1 2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,800 - Photo 2
7 hours ago  |  Score: 97.8
265 Nostrand Avenue, Apt A6
Bedford-Stuyvesant, Northern Brooklyn, Brooklyn
$2,800
|
2 Bed
|
1.5 Bath
By Duran Doughlin, Bedford-Stuyvesant Expert
Check Availability
No Fee
1 Bedroom, Upper East Side Rental in NYC for $2,292 - Photo 1 1 Bedroom, Upper East Side Rental in NYC for $2,292 - Photo 2
8 hours ago  |  Score: 97.5
420 E 79th Street, Apt 11E
Upper East Side, Upper Manhattan, Manhattan
$2,292
|
1 Bed
|
1 Bath
By Paul Schermerhorn, Upper East Side Expert
Check Availability
No Fee
No Fee
Video Tour
Studio, Garment District Rental in NYC for $2,625 - Photo 1 Studio, Garment District Rental in NYC for $2,625 - Photo 2
9 hours ago  |  Score: 97.5
330 West 39th Street, Apt 4L
Garment District, Midtown Manhattan, Manhattan
$2,625
|
Studio
|
1 Bath
By David Gelfenbeyn
Check Availability
No Fee
Video Tour
No Fee
Video Tour
1 Bedroom, Lincoln Square Rental in NYC for $3,000 - Photo 1 1 Bedroom, Lincoln Square Rental in NYC for $3,000 - Photo 2
9 hours ago  |  Score: 97.5
21 West End Avenue, Apt 1601
Lincoln Square, Upper West Side, Upper Manhattan, Manhattan
$3,000
|
1 Bed
|
1 Bath
By David Gelfenbeyn
Check Availability
No Fee
Video Tour
No Fee
Video Tour
2 Bedrooms, Astoria Rental in NYC for $2,450 - Photo 1 2 Bedrooms, Astoria Rental in NYC for $2,450 - Photo 2
8 hours ago  |  Score: 97.4
30-59 Crescent Street, Apt 2R
Astoria, Northwestern Queens, Queens
$2,450
|
2 Bed
|
1 Bath
By Don Abbott, Astoria Expert
Check Availability
No Fee
Video Tour
No Fee
2 Bedrooms, Upper East Side Rental in NYC for $3,000 - Photo 1 2 Bedrooms, Upper East Side Rental in NYC for $3,000 - Photo 2
8 hours ago  |  Score: 97.3
420 E 79th Street, Apt 1E
Upper East Side, Upper Manhattan, Manhattan
$3,000
|
2 Bed
|
1 Bath
By Paul Schermerhorn, Upper East Side Expert
Check Availability
No Fee
No Fee
By Owner
2 Bedrooms, Alphabet City Rental in NYC for $2,300 - Photo 1 2 Bedrooms, Alphabet City Rental in NYC for $2,300 - Photo 2
6 hours ago  |  Score: 97.3
753 East 6th Street
Alphabet City, East Village, Downtown Manhattan, Manhattan
$2,300
|
2 Bed
|
1 Bath
By AB Landlord
Check Availability
No Fee
By Owner
2 Bedrooms, Astoria Rental in NYC for $2,650 - Photo 1 2 Bedrooms, Astoria Rental in NYC for $2,650 - Photo 2
8 hours ago  |  Score: 97.3
2309 Astoria Boulevard, Apt 3R...
Astoria, Northwestern Queens, Queens
$2,650
|
2 Bed
|
1 Bath
By Don Abbott, Astoria Expert
Check Availability
No Fee
1 Bedroom, Midwood Rental in NYC for $1,700 - Photo 1 1 Bedroom, Midwood Rental in NYC for $1,700 - Photo 2
5 hours ago  |  Score: 96.9
1921 Avenue K, Apt F7
Midwood, Central Brooklyn, Brooklyn
$1,700
|
1 Bed
|
1 Bath
By Milena Pereira Silva
Check Availability
No Fee
No Fee
Video Tour
Studio, Chelsea Rental in NYC for $2,999 - Photo 1 Studio, Chelsea Rental in NYC for $2,999 - Photo 2
10 hours ago  |  Score: 96.7
465 West 23rd Street, Apt 15F
Chelsea, Midtown Manhattan, Manhattan
$2,999
|
Studio
|
1 Bath
By Nick
Check Availability
No Fee
Video Tour
Studio, Jamaica Rental in NYC for $1,775 - Photo 1 Studio, Jamaica Rental in NYC for $1,775 - Photo 2
1 hour ago  |  Score: 96.5
153-50 89th Avenue, Apt 619
Jamaica, Southeastern Queens, Queens
$1,775
|
Studio
|
1 Bath
By James Mckeown
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« Back Page 1 / 855 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.

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