Apartments for Rent in New York City, NY under $500
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6 units availableStudio $500+Base rent350 E 51St St, Brooklyn, NY 11203Apply online • Pet friendly
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Only 1 unit leftStudio $350Base rent4.5 (11)2633 Ocean Avenue, Brooklyn, NY 11229Apply online • Pet friendly
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Only 1 unit leftStudio $330Base rent104-48 37Th Drive, Queens, NY 11368Apply online • Pet friendly
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Studio $147Base rent226 Linden Blvd, Brooklyn, NY 11226Pet friendly
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Ask for pricingIncome restricted3.0 (5)975 Tiffany Street, New York, NY 10459Fitness center • In unit laundry • Dishwasher
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Studio $250Base rent4.0 (19)3210 Riverdale Ave., Bronx, NY 10463Cat friendly
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Studio $50Base rent146 Fenimore Street, Brooklyn, NY 11225Pet friendly
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Studio $370+Base rent229 Hawthorne Street, Brooklyn, NY 11225Pet friendly
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Studio $250Base rent205-19 Jamaica Avenue, Queens, NY 11432Pet friendly
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Studio $200Base rent101-13 97Th Street, Ozone Park, NY 11416Dog friendly
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Frequently asked questions
What are the best apartments in New York City, NY?
The best apartments in New York City, NY are: SKY, 260 Gold, 1134 Fulton Street, Oriana and Waterline Square.
What type of rental buildings are in New York City, NY?
In New York City 67% of the housing is rented out compared to 33% of homes are owned, according to the most recent Census Bureau estimates. 36% of New York City's apartments are found in large buildings of 50 units or more, 61% are located in smaller apartment complexes with less than 50 units, and 2% are single-family rentals.
Search for apartments in New York City, NY under $500
There’s more than one way to spend $500 on rent in New York City, NY, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.
The perfect $500 rental near you
Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in New York City, NY. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 11 apartments for rent below $500 in New York City, NY for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.