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Prices and availability in New York were last updated on 23 Sep 2026.
The best apartments in New York are: Brookwood at Oakdale 55+, Brookwood at Ridge, Highview Manor Apartments, Brookwood at Islip and Walden Pond At East Moriches.
In New York, 46% of the residents are renting compared to 54% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 28% of New York's rentals, 63% are small-scale complexes with under 50 units, and 9% are single-family rentals.
There’s more than one way to spend $700 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 $700 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.
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 64 apartments for rent below $700 in New York for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.
