Apartments for Rent in New York under $500
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1 bd $441+Base rent1710 Calumet Avenue, Niagara Falls, NY 14305Pet friendly • In unit laundry • Patio/Balcony
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20 units available2 bd $210+Base rent4.0 (3)835 Blooming Grove Turnpike, New Windsor, NY 12553Apply online • Pet friendly • Pool -
1 bd $498+Base rent Income restricted3.5 (6)178 Princeton Avenue, Buffalo, NY 14226Apply online • In unit laundry • Extra Storage
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Studio $175Base rent4.0 (7)5933 Main Street, Williamsville, NY 14221Apply online
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Studio $395+Base rent10 Mitchell Pl., White Plains, NY 10601Apply 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 -
4 units availableStudio $400+Base rent Income restricted45 Catharine Street, Poughkeepsie, NY 12601Apply online • Pet friendly -
Only 1 unit leftStudio $200Base rent101-13 97Th Street, Ozone Park, NY 11416Apply online • Dog friendly -
Studio $300+Base rent112 East Hook Cross Road, Hopewell Junction, NY 12533Pet friendly -
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1 bd $410+Base rent3.5 (3)630 Central Park Avenue, Yonkers, NY 10704 -
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Studio $400+Base rent5428 South Abbott Road, Hamburg, NY 14075Pet friendly -
Studio $10+Base rent797 Main St Land Only, Corfu, NY 14036Pet friendly -
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Studio $450Base rent436 & 442 East 13Th Street, New York, NY 10009Pet friendly -
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Studio $147Base rent226 Linden Blvd, Brooklyn, NY 11226Pet friendly -
Studio $150Base rent5479 Strnad Drive Garage, Hamburg, NY 14075Pet 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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Ask for PricingIncome restricted2 Stonehill Drive, S. Glens Falls, NY 12803In unit laundry • Dishwasher • Air conditioner
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Ask for PricingIncome restricted127 First Street, Rochester, NY 14605Air conditioner
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Ask for PricingIncome restrictedScattered Sites, Rochester, NY 14607Pet friendly • In unit laundry
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Ask for pricingIncome restricted120 North Main Street, Canandaigua, NY 14424In unit laundry • Dishwasher • Air conditioner
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1 bd $235Base rent440 Delaware Lake Rd, Long Eddy, NY 12760Dog friendly
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Frequently asked questions
When were prices and availability in New York last updated?
Prices and availability in New York were last updated on 3 Aug 2026.
What are the best apartments in New York?
The best apartments in New York are: Brookwood at Ridge, Brookwood at Oakdale 55+, Highview Manor Apartments, Walden Pond At East Moriches and Brookwood at Islip.
What type of rental buildings are in New York?
In New York 46% of the housing is rented out compared to 54% of homes are owned, according to the most recent Census Bureau estimates. 28% of New York's apartments are found in large buildings of 50 units or more, 63% are located in smaller apartment complexes with less than 50 units, and 9% are single-family rentals.
Search for apartments in New York under $500
There’s more than one way to spend $500 on rent in New York, 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. 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 26 apartments for rent below $500 in New York for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.