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 2022, 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.

Population 23,582
-66%
Median Rent $438 / month
66% less expensive than New York
Population 9,989
-62%
Median Rent $486 / month
62% less expensive than New York
Population 3,871
-54%
Median Rent $600 / month
54% less expensive than New York
Population 21,674
-47%
Median Rent $690 / month
47% less expensive than New York
Population 17,577
-45%
Median Rent $708 / month
45% less expensive than New York
Population 11,608
-45%
Median Rent $716 / month
45% less expensive than New York
Population 70,301
-44%
Median Rent $723 / month
44% less expensive than New York
Population 22,864
-43%
Median Rent $732 / month
43% less expensive than New York
Population 119,512
-40%
Median Rent $774 / month
40% less expensive than New York
Population 27,404
-37%
Median Rent $817 / month
37% less expensive than New York