Cheapest Neighborhoods In New York, NY For Renters

If you’re searching for a new place to live in New York, rent prices are probably one of the most important factors in your decision. Apartment rental prices in New York neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some New York neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in New York for renters is sorted by lowest median rental rates compared to the New York average.

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Ardon Heights
Population 24,417
-70%
Median Rent $674 / month
70% less expensive than New York
Annandale
Population 10,191
-67%
Median Rent $734 / month
67% less expensive than New York
Howland Hook
Population 3,982
-59%
Median Rent $921 / month
59% less expensive than New York
The Rockaways
Population 122,913
-48%
Median Rent $1,151 / month
48% less expensive than New York
Ettingville
Population 35,941
-45%
Median Rent $1,232 / month
45% less expensive than New York
Tottensville
Population 16,166
-43%
Median Rent $1,267 / month
43% less expensive than New York
Bloomfield-Chelsea-Travis
Population 11,213
-35%
Median Rent $1,450 / month
35% less expensive than New York
Douglastown-Little Neck
Population 85,165
-34%
Median Rent $1,466 / month
34% less expensive than New York
Union Port
Population 41,019
-30%
Median Rent $1,553 / month
30% less expensive than New York
Mott Haven
Population 52,491
-30%
Median Rent $1,559 / month
30% less expensive than New York

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Most Expensive Neighborhoods in New York
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