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570 Putnam Avenue
(631) 621-3917
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2036 Second Avenue
(833) 420-2213
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1594 Nostrand Avenue
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301 Saint Nicholas
(551) 291-2807
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542 W 147Th St
(551) 310-2879
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The Landings at Port Imperial
(201) 537-4772
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161 W 120Th St
(833) 420-2213
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227 Malcolm X Boulevard
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1930 Bedford Avenue
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60 New York Avenue
(833) 420-2213
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173-175 E 91St St
(833) 420-2213
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71 Clermont Avenue
(833) 420-2213
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715 E 5Th St
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509 E 87Th St
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650 Ninth Avenue
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2272 Adam Clayton Powell Junior Boulevard
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4 Saint Nicholas Terrace
(833) 420-2213
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29 Fayette St
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606 W 148 St
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620 Myrtle Avenue
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3620 Broadway
(551) 310-2909
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148 Grove St
(833) 420-2213
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11-46 Welling Court
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90 Manhattan Avenue
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270 W 139Th St
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2376 Adam Clayton Powell
(551) 296-5966
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609 W 151Th St
(833) 420-2213
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1127 Lafayette Avenue
(551) 310-2669
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579 61St St
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Cheap Apartments in New York, NY

1 of 275 Results
38
$2,975
Avalon Riverview
Deal
4.8
4-75 48Th Avenue Long Island City, NY
Studio | Available Now
Contact
Dishwasher
Hunters Point-Sunnyside-West Maspeth
39
$1,200 - 1,425
PER
ROOM
570 Putnam Avenue
New York City, NY
4 BR | Mar. 31, 2023
Contact
Furnished
Stuyvesant Heights
36
$1,675 - 1,900
PER
ROOM
2036 Second Avenue
New York City, NY
2 BR | Apr. 30, 2023
Contact
Furnished
East Harlem South
140
$850 - 1,050
PER
ROOM
1594 Nostrand Avenue
New York City, NY
4 BR | Available Now
Contact
Furnished
Erasmus
44
$1,400 - 2,075
PER
ROOM
301 Saint Nicholas
New York City, NY
3 - 4 BR | May. 5, 2023
Contact
Furnished
Central Harlem South
41
$1,025 - 1,625
PER
ROOM
542 W 147Th St
New York City, NY
3 - 4 BR | Available Now
Contact
Furnished
33
$2,814 - 2,969
The Landings at Port Imperial
Deal
Four Avenue At Port Imperial West New York, NJ
1 BR | Mar. 31, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
14
$1,475 - 2,075
PER
ROOM
161 W 120Th St
New York City, NY
4 BR | Apr. 9, 2023
Contact
Furnished
Central Harlem South
16
$1,175
PER
ROOM
227 Malcolm X Boulevard
New York City, NY
5 BR | Jun. 1, 2023
Contact
Stuyvesant Heights
42
$1,325 - 1,375
PER
ROOM
1930 Bedford Avenue
New York City, NY
3 - 4 BR | Apr. 1, 2023
Contact
Furnished
Prospect Lefferts Gardens-Wingate
42
$1,000 - 1,350
PER
ROOM
60 New York Avenue
New York City, NY
4 BR | Available Now
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Furnished
Crown Heights North
33
$2,675
173-175 E 91St St
New York City, NY
Studio | Mar. 31, 2023
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Furnished
Upper East Side-Carnegie Hill
29
$1,450 - 1,850
PER
ROOM
71 Clermont Avenue
New York City, NY
4 BR | Apr. 1, 2023
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Fort Greene
38
$2,900
715 E 5Th St
New York City, NY
1 BR | Available Now
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Furnished
44
$1,650 - 2,350
PER
ROOM
509 E 87Th St
New York City, NY
4 BR | Available Now
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Furnished
Yorkville
62
$2,075 - 2,625
PER
ROOM
650 Ninth Avenue
New York City, NY
4 BR | Available Now
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Furnished
Clinton
18
$1,125 - 1,425
PER
ROOM
2272 Adam Clayton Powell Junior Boulevard
New York City, NY
4 BR | Available Now
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Central Harlem North-Polo Grounds
27
$1,375 - 1,550
PER
ROOM
4 Saint Nicholas Terrace
New York City, NY
4 BR | Apr. 5, 2023
Contact
Furnished
Manhattanville
33
$1,325 - 2,600
PER ROOM
& UNIT
29 Fayette St
New York City, NY
1 - 3 BR | Available Now
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Furnished
Bushwick South
56
$1,450 - 2,050
PER
ROOM
606 W 148 St
New York City, NY
3 BR | Available Now
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Furnished
21
$1,325 - 1,350
PER
ROOM
620 Myrtle Avenue
New York City, NY
4 BR | May. 25, 2023
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Clinton Hill
19
$1,075 - 2,175
PER
ROOM
3620 Broadway
New York City, NY
3 BR | Available Now
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Furnished
24
$1,300 - 1,575
PER
ROOM
148 Grove St
New York City, NY
3 BR | Available Now
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Bushwick South
21
$1,700 - 1,800
PER
ROOM
11-46 Welling Court
New York City, NY
2 BR | May. 31, 2023
Contact
Furnished
Old Astoria
55
$1,875 - 2,175
PER
ROOM
90 Manhattan Avenue
New York City, NY
6 BR | May. 1, 2023
Contact
Furnished
East Williamsburg
15
$2,750
270 W 139Th St
New York City, NY
1 BR | May. 31, 2023
Contact
Central Harlem North-Polo Grounds
29
$1,375 - 1,875
PER
ROOM
2376 Adam Clayton Powell
New York City, NY
3 BR | Available Now
Contact
Furnished
Central Harlem North-Polo Grounds
52
$1,350 - 2,725
PER ROOM
& UNIT
609 W 151Th St
New York City, NY
1 - 2 BR | Available Now
Contact
Furnished
27
$975 - 1,675
PER
ROOM
1127 Lafayette Avenue
New York City, NY
4 BR | Available Now
Contact
Furnished
Bushwick South
16
$1,225
PER
ROOM
579 61St St
New York City, NY
2 BR | Jun. 25, 2023
Contact
Sunset Park West
1 - 30 of 275 Results
  1. Home
  2. New York
  3. Cheap Apartments

How much does it cost to rent an apartment in New York?

New York Apartments
Bed Type Average Rent Range
Studio $3,480 $1,950 - $4,850
1BR $4,100 $2,000 - $6,120
2BR $5,300 $2,000 - $8,860
3BR $6,690 $2,000 - $12,800
4+BR $8,160 $3,470 - $54,460
Frequently Asked Questions

How many apartments are available in New York, NY on Rentable.co?

Rentable.co has over 59,133 apartments available in New York.

What is the average rent for a studio apartment in New York, NY?

The average rent for a studio apartment in New York is around $3,480 per month.

What is the average rent for a one-bedroom apartment in New York, NY?

The average rent for a one-bedroom apartment in New York is around $4,100 per month.

What is the average rent for a two-bedroom apartment in New York, NY?

The average rent for a two-bedroom apartment in New York is around $5,300 per month.

How expensive is living in New York, NY?

Based on average rent prices in New York, to afford a studio apartment you would need an annual salary of $139,000 to live comfortably.

How many cheap apartments are available in New York, NY on Rentable.co?

Rentable.co has 275 cheap apartments available for rent in New York.

What is the average rent for a cheap apartment in New York, NY?

The average rent for a cheap apartment in New York is around $180 per month.

Which neighborhoods have the most cheap apartments for rent in New York, NY?

  1. Clinton
  2. Midtown-Midtown South
  3. SoHo-TriBeCa-Civic Center-Little Italy
  4. Hunters Point-Sunnyside-West Maspeth
  5. Ocean Parkway South

Asset 2
Apartments by Bedrooms
1 Bedroom Apartments
2 Bedroom Apartments
3 Bedroom Apartments
4 Bedroom Apartments
Studio Apartments
Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
Apartments Under $700
Apartments Under $800
Apartments Under $900
Apartments Under $1,000
Apartments Under $1,200
Apartments with Amenities
Apartments With Utilities Included
Furnished Apartments
Pet Friendly Apartments
Virtual Tour Apartments
Apartments with Move In Specials
Short Term Rentals
Apartments by Type
Student Apartments
Houses For Rent
Senior Apartments and Housing
Luxury Apartments
Condos For Rent

New York:
March Rent Report

Welcome to the March 2023 New York Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the New York rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in New York and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of New York average rent prices in the chart below.

Monthly Rent Report

New York Rent Prices Increase From February to March

New York rent prices increased over the last month. From February to March, the city experienced a 3.93% increase for the price of a one-bedroom apartment. The rent price for a New York one-bedroom apartments currently stands at $3,730.0.

When we take a look at the two-bedroom comparison from February to March, New York experienced a 4.03% increase for the price of a two-bedroom apartment. The rent price for a New York two-bedroom apartments currently stands at $4,541.0.

March Prices: New York vs. Surrounding Areas

Rent Prices in New York and Surrounding Areas

Rent prices have increased in New York over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the New York suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Brooklyn, NY, Woodbridge, NJ, New Rochelle, NY, East Orange, NJ .

  • Rent decreased in Jersey City, NJ, Manhattan, NY, Newark, NJ.

  • 1 suburb is currently priced higher than the city of New York.

  • 6 suburbs are currently priced lower than the city of New York.

March 2023 Pricing Trends: New York vs. National Comparisons

New York Rent Prices More Affordable Than Major Cities

Rent growth in New York over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, New York average rent prices appear to be relatively affordable for local residents.

The price for a New York one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about New York and surrounding area rent prices, take a look at the complete data set below.

Data set for New York and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
New York, NY $3,589.0 2.93% $4,365.0 3.41%
Jersey City, NJ $3,384.0 -2.25% $4,513.0 -2.65%
Brooklyn, NY $2,675.0 1.87% $2,800.0 -1.17%
Manhattan, NY $4,238.0 -2.37% $6,315.0 -0.86%
Woodbridge, NJ $2,630.0 0.96% $3,211.0 1.33%
New Rochelle, NY $2,295.0 9.08% $3,559.0 10.63%
Newark, NJ $1,652.0 -6.88% $2,134.0 -4.09%
East Orange, NJ $1,612.0 0.25% $2,019.0 -3.54%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.