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Cheap Apartments for Rent

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2 Bedrooms, Turtle Bay Rental in NYC for $3,000 - Photo 1 2 Bedrooms, Turtle Bay Rental in NYC for $3,000 - Photo 2
Posted 1 hour ago
360 E 50th St, Apt LAS 3A
Turtle Bay, Midtown East, Midtown Manhattan, Manhattan
$3,000 2 Bed 1 Bath
By Lamar Ali Shorter
Check Availability
2 Bedrooms, Yorkville Rental in NYC for $3,000 - Photo 1 2 Bedrooms, Yorkville Rental in NYC for $3,000 - Photo 2
Posted 10 hours ago
312 East 91st Street, Apt 3E
Yorkville, Upper East Side, Upper Manhattan, Manhattan
$3,000 2 Bed 1 Bath
Charles Munroe, Upper East Side Expert
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No Fee
  785 ft²
3 Bedrooms, Weeksville Rental in NYC for $3,000 - Photo 1 3 Bedrooms, Weeksville Rental in NYC for $3,000 - Photo 2
Posted 14 hours ago
1332 Prospect Place, Apt 1
Weeksville, Crown Heights, Central Brooklyn, Brooklyn
$3,000 3 Bed 1 Bath
By iman zahrieh
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No Fee
 
Exclusive
 
3 Bedrooms, Inwood Rental in NYC for $3,000 - Photo 1 3 Bedrooms, Inwood Rental in NYC for $3,000 - Photo 2
Posted 20 hours ago
520 West 218th Street, Apt 5C
Inwood, Upper Manhattan, Manhattan
$3,000 3 Bed 1 Bath
By Carol Quinones
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No Fee
 
Exclusive
  2,000 ft² · Elevator
Studio, Upper West Side Rental in NYC for $3,000 - Photo 1 Studio, Upper West Side Rental in NYC for $3,000 - Photo 2
Posted 11 hours ago
50 West 85th Street, Apt 1
Upper West Side, Upper Manhattan, Manhattan
$3,000 Studio 1 Bath
By Joinery Housing
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No Fee
  Doorman
1 Bedroom, Upper East Side Rental in NYC for $3,000 - Photo 1 1 Bedroom, Upper East Side Rental in NYC for $3,000 - Photo 2
Posted 13 hours ago
E 76th St.
Upper East Side, Upper Manhattan, Manhattan
$3,000 1 Bed 1 Bath
Alfred Livadhi, Upper East Side Expert
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Elevator · Hardwood Floors
3 Bedrooms, Central Harlem Rental in NYC for $3,000 - Photo 1 3 Bedrooms, Central Harlem Rental in NYC for $3,000 - Photo 2
Posted 17 hours ago
82 Bradhurst Ave, Apt 3
Central Harlem, Upper Manhattan, Manhattan
$3,000 3 Bed 2 Bath
Traci Byers, Central Harlem Expert
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Exclusive
  1,000 ft² · Laundry in Unit
1 Bedroom, East Village Rental in NYC for $3,000 - Photo 1 1 Bedroom, East Village Rental in NYC for $3,000 - Photo 2
Posted 9 hours ago
278 East 10th Street, Apt 2
East Village, Downtown Manhattan, Manhattan
$3,000 1 Bed 1 Bath
Ofer Avital, East Village Expert
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No Fee
  Elevator
1 Bedroom, Kips Bay Rental in NYC for $3,000 - Photo 1 1 Bedroom, Kips Bay Rental in NYC for $3,000 - Photo 2
Posted 11 hours ago
E 20's
Kips Bay, Midtown Manhattan, Manhattan
$3,000 1 Bed / Flex 2 1 Bath
By Marin Daskalov
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No Fee
  Doorman · Elevator
3 Bedrooms, Rego Park Rental in NYC for $3,000 - Photo 1 3 Bedrooms, Rego Park Rental in NYC for $3,000 - Photo 2
Posted 21 hours ago
99th Street
Rego Park, Northwestern Queens, Queens
$3,000 3 Bed 2 Bath
By Baris Tokac
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No Fee
  Doorman · Elevator · Laundry in Unit · Hardwood Floors
Studio, Yorkville Rental in NYC for $3,000 - Photo 1 Studio, Yorkville Rental in NYC for $3,000 - Photo 2
Posted 14 hours ago
240 east 82
Yorkville, Upper East Side, Upper Manhattan, Manhattan
$3,000 Studio / Flex 1 1 Bath
By Michael cohen
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Doorman · Elevator
1 Bedroom, Bedford-Stuyvesant Rental in NYC for $3,000 - Photo 1 1 Bedroom, Bedford-Stuyvesant Rental in NYC for $3,000 - Photo 2
Posted 22 hours ago
Quincy Street
Bedford-Stuyvesant, Northern Brooklyn, Brooklyn
$3,000 1 Bed 1 Bath
Steven BenShabat, Bedford-Stuyvesant Expert
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No Fee
  Laundry in Unit · Pre-War · Hardwood Floors · Furnished
1 Bedroom, Clinton Hill Rental in NYC for $3,000 - Photo 1 1 Bedroom, Clinton Hill Rental in NYC for $3,000 - Photo 2
Posted 6 hours ago
286 Clinton Ave, Apt 2
Clinton Hill, Northwestern Brooklyn, Brooklyn
$3,000 1 Bed 1 Bath
By Israel mendlewicz
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4 Bedrooms, Bushwick Rental in NYC for $3,000 - Photo 1 4 Bedrooms, Bushwick Rental in NYC for $3,000 - Photo 2
Posted 14 hours ago
270 Linden, Apt 2
Bushwick, Northern Brooklyn, Brooklyn
$3,000 4 Bed 2 Bath
By Harry
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No Fee
 
Exclusive
 
By Owner
 
1 Bedroom, Manhattan Valley Rental in NYC for $3,000 - Photo 1 1 Bedroom, Manhattan Valley Rental in NYC for $3,000 - Photo 2
Posted 4 hours ago
West 98th Street
Manhattan Valley, Upper West Side, Upper Manhattan, Manhattan
$3,000 1 Bed 1 Bath
By Jana Parker
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650 ft² · Elevator · Pre-War
Studio, Theater District Rental in NYC for $3,000 - Photo 1 Studio, Theater District Rental in NYC for $3,000 - Photo 2
Posted 17 hours ago
888 Eighth Ave, Apt 20T
Theater District, Midtown Manhattan, Manhattan
$3,000 Studio 1 Bath
By Jared Joseph
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Doorman · Elevator
1 Bedroom, Hunters Point Rental in NYC for $3,000 - Photo 1 1 Bedroom, Hunters Point Rental in NYC for $3,000 - Photo 2
Posted 15 hours ago
4540 Center Boulevard, Long Is...
Hunters Point, Long Island City, Northwestern Queens, Manhattan
$3,000 1 Bed 1 Bath
By Vlad Vladimirov, LIC Expert
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No Fee
 
Exclusive
  700 ft² · Doorman · Elevator
3 Bedrooms, Bushwick Rental in NYC for $3,000 - Photo 1 3 Bedrooms, Bushwick Rental in NYC for $3,000 - Photo 2
Posted 6 hours ago
Decatur Street
Bushwick, Northern Brooklyn, Brooklyn
$3,000 3 Bed 2 Bath
By Ann Jimenez
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No Fee
  Hardwood Floors
3 Bedrooms, East Harlem Rental in NYC for $3,000 - Photo 1 3 Bedrooms, East Harlem Rental in NYC for $3,000 - Photo 2
Posted 1 day ago
2119 Third Avenue, Apt 4
East Harlem, Upper Manhattan, Manhattan
$3,000 3 Bed 1 Bath
By Brian Stern
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Exclusive
  Pre-War · Hardwood Floors
2 Bedrooms, Bushwick Rental in NYC for $3,000 - Photo 1 2 Bedrooms, Bushwick Rental in NYC for $3,000 - Photo 2
Posted 1 day ago
202 Knickerbocker Ave, Apt 3L
Bushwick, Northern Brooklyn, Brooklyn
$3,000 2 Bed 2 Bath
By Josh Matthews
Check Availability
1,000 ft²
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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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