Apartments Under $500 in New York, NY

1 - 1 of 1 Result
3
$180
New York, NY
2 BR | Ask for Availability
Contact
Air Conditioning
Midtown-Midtown South
1 - 1 of 1 Results

All Apartments in New York, NY

30 Results
62
$5,714 - 8,312
170 Amsterdam Ave New York, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
69
$2,718 - 5,576
Four Avenue At Port Imperial West New York, NJ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
10
$1,850
New York, NY
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Fitness Center
Pool
46
$4,563 - 10,265
50 E 28Th St New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
9
$1,800
428 E 116th St #1 New York, NY
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Fitness Center
Pool
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
27
$3,763 - 8,118
15 Cliff St New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
8
$2,810 - 6,710
11 Waverly Place New York, NY
Studio - 2 BR | Available Now
Contact
In Unit Laundry
Union Square
29
$4,276 - 10,165
151-155 East 31St Street New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Luxury
Air Conditioning
Covered Parking
Fitness Center
14
$1,750
16 W 40th St New York, NY
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Fitness Center
Pool
9
$5,995
New York, NY
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
9
$8,495
New York, NY
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Dishwasher
SoHo-TriBeCa-Civic Center-Little Italy
39
$4,042 - 7,642
250 W. 50Th St. New York, NY
Studio - 2 BR | Available Now
Contact
Dishwasher
Midtown-Midtown South
44
$4,415 - 5,330
1 Morningside Drive New York, NY
Studio - 1 BR | Jun. 4, 2026
Contact
Dishwasher
36
$4,254 - 16,110
435 W 31st St New York, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
15
$1,891
68 Bradhurst Ave Apt 4G New York, NY
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
11
$6,595 - 11,500
New York, NY
1 - 2 BR | Available Now
Contact
Heat Included
Fitness Center
Disability Access
Dishwasher
Norwood
8
$3,800 - 7,500
New York, NY
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
9
$5,200
New York, NY
2 BR | Available Now
Contact
Heat Included
Balcony/Deck/Patio
Fitness Center
Disability Access
Dishwasher
18
$4,439 - 4,490
150 E 34th St New York City, NY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
13
$1,800
New York, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
8
$3,850
New York, NY
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Yorkville
6
$2,250
New York, NY
2 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
Pool
Turtle Bay-East Midtown
6
$4,500
New York, NY
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
6
$2,230
167 E 67th St Apt 4F New York, NY
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
10
$3,300
New York, NY
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
Pool
18
$3,795 - 4,850
New York, NY
Studio - 1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
6
$4,200
New York, NY
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
4
$4,350
New York, NY
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
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  3. Apartments Under $500

Apartments Under $500 in New York, NY: May Rental Information

Welcome to the May 2026 New York Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 $2,060 $2,380 $2,700 $3,020 $3,340 $3,660 $3,980 $4,300 $4,620 $4,940 $5,260 $5,580 $5,900 $6,220 $6,540

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

New York, NY
East Orange, NJ
Jersey City, NJ
13
12
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 May, 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 48 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 May M/M % Change
New York, NY 13 +0.96%
East Orange, NJ 12 +0.5%
Jersey City, NJ 3 +0.94%
Manhattan, NY 3 +1.0%
Montclair, NJ 2 -0.17%
Brooklyn, NY 2 +1.0%
Yonkers, NY 2 +0.78%
Passaic, NJ 2 +1.09%
Atlantic Highlands, NJ 1 +1.0%
Woodcliff Lake, NJ 1 +1.0%

Looking for Apartments Under $500 in New York?

Available apartments under $500 66
Top amenities Fitness Center, Air Conditioning, Dishwasher, In Unit Laundry, Range / Oven
Pet friendly 2
Studio 9
2 Bedroom 7
3 Bedroom 6

Where are New York Apartments Under $500?

Top Neighborhoods Clinton, Ocean parkway south, Battery park city-lower manhattan, Midtown-midtown south, Hunters point-sunnyside-west maspeth
Clinton 2
Ocean Parkway South 1
Battery Park City-Lower Manhattan 1
Midtown-Midtown South 1
Hunters Point-Sunnyside-West Maspeth 1