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Cheap Apartments for Rent

Home  »  New York, NY  »  Cheap Apartments
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,625 - Photo 1
Score: 100
10th Avenue
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,625
|
1 Bed / Flex 2
|
1 Bath
By Tal Eshel
Featured
No Fee
Check Availability
1 Bedroom, Bushwick Rental in NYC for $1,900 - Photo 1
Last 30 min  |  Score: 100
149 Stanhope Street, Apt 1A
Bushwick, Northern Brooklyn, Brooklyn
$1,900
|
1 Bed
|
1 Bath
By Kyle McKee, Bushwick Expert
Featured
No Fee
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,625 - Photo 1
Last 30 min  |  Score: 100
10th Avenue
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,625
|
1 Bed / Flex 2
|
1 Bath
By Tal Eshel, Hell's Kitchen Expert
Featured
No Fee
Check Availability
1 Bedroom, Hell's Kitchen Rental in NYC for $2,600 - Photo 1
Last 30 min  |  Score: 100
10th Avenue
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,600
|
1 Bed / Flex 2
|
1 Bath
By Jordan Yehzkel, Hell's Kitchen Expert
Featured
No Fee
Check Availability
1 Bedroom, East Williamsburg Rental in NYC for $2,775 - Photo 1
Last hour  |  Score: 100
57 Thames Street, Apt 3C
East Williamsburg, Williamsburg, Northern Brooklyn, Brooklyn
$2,775
|
1 Bed
|
1 Bath
By Hannah
Featured
By Owner
Video Tour
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Studio, Financial District Rental in NYC for $2,150 - Photo 1
Last 30 min  |  Score: 100
1 West Street, Apt 2224
Financial District, Downtown Manhattan, Manhattan
$2,150
|
Studio
|
1 Bath
By Gianni Rivera, Financial District Expert
No Fee
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,575 - Photo 1
Last 30 min  |  Score: 100
West 43rd Street
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,575
|
1 Bed
|
1 Bath
By Tal Eshel, Hell's Kitchen Expert
Featured
No Fee
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,850 - Photo 1
Last 30 min  |  Score: 100
West 43rd Street
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,850
|
1 Bed
|
1 Bath
By Jordan Yehzkel, Hell's Kitchen Expert
Featured
No Fee
Video Tour
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2 Bedrooms, Bedford-Stuyvesant Rental in NYC for $2,500 - Photo 1
Last 30 min  |  Score: 100
162 Stuyvesant Avenue, Apt 2BB...
Bedford-Stuyvesant, Northern Brooklyn, Brooklyn
$2,500
|
2 Bed
|
1 Bath
By Kyle McKee, Bedford-Stuyvesant Expert
Featured
No Fee
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,934 - Photo 1
1 hour ago  |  Score: 100
444 West 35th Street, Apt 901
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,934
|
1 Bed / Flex 2
|
1 Bath
By Emmanuel 'Manny' Guervil, Hell's Kitchen Expert
Featured
No Fee
Video Tour
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Studio, Upper East Side Rental in NYC for $2,625 - Photo 1
1 hour ago  |  Score: 100
201 East 69th Street, Apt 12D
Upper East Side, Upper Manhattan, Manhattan
$2,625
|
Studio / Flex 2
|
1 Bath
By Emmanuel 'Manny' Guervil
Featured
No Fee
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Studio, Downtown Brooklyn Rental in NYC for $1,742 - Photo 1
Last 30 min  |  Score: 100
Gold St.
Downtown Brooklyn, Northwestern Brooklyn, Brooklyn
$1,742
|
Studio
|
1 Bath
By Erez Hillel, Downtown Brooklyn Expert
Featured
No Fee
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2 Bedrooms, Downtown Brooklyn Rental in NYC for $2,892 - Photo 1
Last 30 min  |  Score: 100
Gold St.
Downtown Brooklyn, Northwestern Brooklyn, Brooklyn
$2,892
|
2 Bed
|
2 Bath
By Erez Hillel, Downtown Brooklyn Expert
Featured
No Fee
Check Availability
1 Bedroom, Hell's Kitchen Rental in NYC for $2,665 - Photo 1
Last 30 min  |  Score: 100
West 42nd Street
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,665
|
1 Bed
|
1 Bath
By Walter Too, Hell's Kitchen Expert
Featured
No Fee
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,615 - Photo 1
Last 30 min  |  Score: 100
410 West 53rd Street, Apt 524
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,615
|
1 Bed
|
1 Bath
By Atia Batool
No Fee
Check Availability
1 Bedroom, Chelsea Rental in NYC for $2,475 - Photo 1
Last 30 min  |  Score: 100
270 West 25th Street, Apt 1A
Chelsea, Midtown Manhattan, Manhattan
$2,475
|
1 Bed
|
1 Bath
By Taylor Hadsell
No Fee
Check Availability
2 Bedrooms, Rose Hill Rental in NYC for $2,300 - Photo 1
1 hour ago  |  Score: 100
129 Lexington Avenue, Apt 6
Rose Hill, Kips Bay, Midtown Manhattan, Manhattan
$2,300
|
2 Bed
|
1 Bath
By Suzanne Goldklang
Featured
No Fee
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Studio, Financial District Rental in NYC for $1,827 - Photo 1
Last 30 min  |  Score: 100
Financial District, Downtown M...
Financial District, Downtown Manhattan, Manhattan
$1,827
|
Studio / Flex 1
|
1 Bath
By Marco Bianchi
Featured
No Fee
Check Availability
1 Bedroom, Greenwich Village Rental in NYC for $2,550 - Photo 1
Last 30 min  |  Score: 100
78 West 11th Street, Apt 18
Greenwich Village, Downtown Manhattan, Manhattan
$2,550
|
1 Bed
|
1 Bath
By Taylor Hadsell
No Fee
Check Availability
1 Bedroom, Hunters Point Rental in NYC for $2,400 - Photo 1
Last hour  |  Score: 100
10-44 47th Avenue, Apt 2F
Hunters Point, Long Island City, Northwestern Queens, Queens
$2,400
|
1 Bed
|
1 Bath
By Constantine Fourtounis
Featured
Check Availability
Studio, Hunters Point Rental in NYC for $1,795 - Photo 1
Last 30 min  |  Score: 100
46th avenue
Hunters Point, Long Island City, Northwestern Queens, Queens
$1,795
|
Studio
|
1 Bath
By Louis Ortiz
Featured
No Fee
Video Tour
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1 Bedroom, Hell's Kitchen Rental in NYC for $2,600 - Photo 1
Score: 100
10th Avenue
Hell's Kitchen, Midtown Manhattan, Manhattan
$2,600
|
1 Bed / Flex 2
|
1 Bath
By Jordan Yehzkel
Featured
No Fee
Check Availability
« Back Page 1 / 792 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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