Apartments Under $500 in New York, NY

1 - 2 of 2 Results
5
$200
115 E 88th St New York, NY
1 BR | Jul. 17, 2026
Contact
Luxury
Air Conditioning
Covered Parking
Fitness Center
Storage
3
$180
New York, NY
2 BR | Ask for Availability
Contact
Air Conditioning
Midtown-Midtown South
1 - 2 of 2 Results

All Apartments in New York, NY

30 Results
62
$4,585 - 8,313
170 Amsterdam Ave New York, NY
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
46
$4,850 - 8,945
50 E 28Th St New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
69
$2,705 - 4,558
Four Avenue At Port Imperial West New York, NJ
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$4,995
New York, NY
Studio | Ask for Availability
Contact
Balcony/Deck/Patio
North Side-South Side
16
$7,950
New York, NY
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Dishwasher
8
$2,300 - 2,500
Sunnyside, NY
1 - 2 BR | Ask for Availability
Contact
Hunters Point-Sunnyside-West Maspeth
24
3D Tour
$4,895
417 E 57th St New York, NY
1 BR | Jul. 16, 2026
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
10
$4,250 - 5,250
New York, NY
Studio - 1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
22
$2,703 - 8,108
15 E 11th St New York, NY
3 BR | Available Now
Contact
Furnished
Fitness Center
Storage
Disability Access
Union Square
36
$4,131 - 16,622
435 W 31st St New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
27
$3,467 - 8,152
15 Cliff St New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
37
$3,855 - 7,860
30 Waterside Plz New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
5
$1,700 - 1,800
West New York, NJ
1 - 2 BR | Available Now
Contact
Storage
Disability Access
38
3D Tour
$5,198 - 9,013
120 W. 21St New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
44
3D Tour
$3,841 - 8,697
3.4
401 E 34Th St New York, NY
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$1,850
266 W 96th St New York, NY
1 BR | Ask for Availability
House
Air Conditioning
In Unit Laundry
Fitness Center
Pool
15
$14,995
New York, NY
4 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
9
$12,495
New York, NY
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
10
$7,000 - 12,000
New York, NY
1 - 2 BR | Available Now
Contact
Heat Included
Fitness Center
Disability Access
Dishwasher
Lenox Hill-Roosevelt Island
6
$2,150
100 W 58th St New York, NY
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
Midtown-Midtown South
27
$5,114 - 5,219
335 8th Ave New York, NY
Studio | Jul. 9, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Fitness Center
8
$4,495
New York, NY
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
5
$4,250
New York, NY
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
48
$5,000 - 11,804
11 E First St New York, NY
Studio - 2 BR | Available Now
Contact
Dishwasher
North Side-South Side
4
$6,000
New York, NY
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Dishwasher
Midtown-Midtown South
7
$4,575 - 5,350
New York, NY
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Fitness Center
Disability Access
7
$5,850
New York, NY
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Dishwasher
Norwood
14
$1,650
555 W 23rd St New York, NY
1 BR | Ask for Availability
House
Air Conditioning
In Unit Laundry
Fitness Center
Pool
9
$1,850
304 E 65th St Apt 10A New York, NY
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
Pool
33
$3,841 - 7,173
515 West 52Nd St. New York, NY
Studio - 2 BR | Available Now
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Dishwasher
Clinton
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Apartments Under $500 in New York, NY: July Rental Information

Welcome to the July 2026 New York Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2026 key findings and figures for the New York rental landscape.

Our experts analyze the inventory trends for apartments under $500 - overall market rent-distribution, availability by bedroom count, and month-over-month comparisons - in New York and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in New York.

0 17 35 52 70 <$1,900 $2,080 $2,440 $2,800 $3,160 $3,520 $3,880 $4,240 $4,600 $4,960 $5,320 $5,680 $6,040 $6,400 $6,760 >$7,120
This month, the typical cost to rent a one-bedroom apartment in New York stands at $4,770, with the majority falling between $1,850 and $6,930. Out of the 3,499 one-bedroom apartments currently on the market in New York, 5 are priced below $500, accounting for 0% of the total available one-bedroom units in New York.

Available Apartments Under $500: New York vs. Surrounding Areas

New York, NY
East Orange, NJ
Brooklyn, NY
Jersey City, NJ
14
9
4
3
The chart above provides information on the number of available apartments under $500 in New York, NY and the surrounding cities for the month of July, 2026. The chart displays the number of affordable apartments in the cities near New York, including Rahway, Ramsey, Ridgefield Park, Ridgewood, Glen Rock, Roseland, Roselle Park, Hackensack, Rutherford, Secaucus, Hasbrouck Heights, Hawthorne, South Plainfield, Hillsdale, Hoboken, Summit, Jersey City, Tenafly, Kearny, Lincoln Park, Allendale, Waldwick, Atlantic Highlands, Watchung, Bayonne, Madison, West Paterson, Westfield, Boonton, Woodcliff Lake, Wood-Ridge, Butler, Montvale, Caldwell, Carteret, Mountain Lakes, New Providence, Newark, Closter, North Plainfield, Oakland, Old Tappan, East Orange, Passaic, Paterson, Elizabeth, Englewood, Perth Amboy, Fair Haven, Fair Lawn, Plainfield, Fanwood, Florham Park, Fort Lee, Scarsdale, White Plains, Lawrence, Cedarhurst, Nyack, Freeport, Garden City, Yonkers, Glen Cove, Long Beach, Great Neck, Great Neck Plaza, Ardsley, Malverne, Pelham, Mamaroneck, Pelham Manor, Spring Valley, Massapequa Park, Suffern, Harrison, Hastings-on-Hudson, Hempstead, Tuckahoe, Dobbs Ferry, Hillburn, East Hills, Mount Vernon, East Rockaway, East Williston, Bronxville, Village of Irvington, Rockville Centre, New Hyde Park, New Rochelle, Elmsford, Saddle Rock, Sands Point, Westbury, Flower Hill, Larchmont, Montclair, Cedar Grove, Maplewood, Morristown, Woodbridge, Denville, Belleville, Iselin, Lodi, North Bergen, Elmwood Park, Irvington, Union, Levittown, North Bellmore, Edison, Valley Stream, Hicksville, Keansburg, Hanover, Clifton, Cliffwood, Seaford, Fords, East Meadow, Sleepy Hollow, Parsippany, Middlesex, Metuchen, Bergenfield, Pompton Plains, Wayne, Brookville, Brooklyn, Queens, The Bronx, Manhattan, Staten Island, Edgewater, Bloomfield, Bogota, Weehawken, Harrison, Union City, South Orange, Westwood, Tarrytown, Linden, Teaneck, Verona, Nutley, Matawan, Cranford, Franklin Lakes, Cliffside Park, Woodbridge Township, and Palisades Park. In total, the metro area has a 37 inventory of apartments that are priced below $500, offering prospective renters a range of budget-friendly options in this vibrant and bustling area.

Apartments Under $500 Now vs. Last Month: New York and Surrounding Areas

City Apartments Under $500 in July M/M % Change
New York, NY 14 +0.98%
East Orange, NJ 10 +1.24%
Brooklyn, NY 4 +0.7%
Jersey City, NJ 4 +0.85%
Yonkers, NY 2 +0.92%
Montclair, NJ 2 +1.25%
Elizabeth, NJ 2 +0.71%
Newark, NJ 1 +0.4%
Atlantic Highlands, NJ 1 +1.0%
Woodcliff Lake, NJ 1 +1.0%

Looking for Apartments Under $500 in New York?

Available apartments under $500 708
Top amenities Fitness Center, Dishwasher, Refrigerator, Range / Oven, Microwave
Pet friendly 8
Studio 4
1 Bedroom 7
2 Bedroom 11

Where are New York Apartments Under $500?

Top Neighborhoods Clinton, Murray hill-kips bay, Ocean parkway south, Battery park city-lower manhattan, Midtown-midtown south
Clinton 2
Murray Hill-Kips Bay 2
Ocean Parkway South 1
Battery Park City-Lower Manhattan 1
Midtown-Midtown South 1