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Apartments for Rent in Queens, NY under $500

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  • Studio $200+
    Base rent
    Verified Listing

    94-20 Albert Road

    94-20 Albert Road, Ozone Park, NY 11417
  • Studio $373
    Base rent
    Verified Listing

    30-24 32nd Street

    30-24 32Nd Street, Astoria, NY 11102
    Pet friendly
  • 2-0-city

Frequently asked questions

When were prices and availability in Queens, NY last updated?

Prices and availability in Queens, NY were last updated on 15 Oct 2026.

What are the best apartments in Queens, NY?

The best apartments in Queens, NY are: Link Apartments® QPN, Watermark LIC, Jasper, Hearthstone Astoria and Astoria.

What type of rental buildings are in Queens, NY?

In Queens, 55% of the residents are renting compared to 45% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 28% of Queens's rentals, 66% are small-scale complexes with under 50 units, and 5% are single-family rentals.

Renting apartments in Queens, NY under $500

Searching for apartments for rent in Queens, NY under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Queens, NY. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Queens, NY going for $200 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.