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Apartments for Rent in New York under $500
478 Rentals Available

  • Today

    3155 Grand Concourse, Bronx, NY 10468
    2 BEDS Ask for Pricing
  • Today

    222 Bedford Park Blvd, Bronx, NY 10458
    1 BED Ask for Pricing
  • Today

    112 East Hook Cross Road, Fishkill, NY 12524
    STUDIO $300+
  • Today

    52 Patsy Lane, Depew, NY 14043
    STUDIO $195
  • Today

    2229 Belmont Ave, Bronx, NY 10457
    2 BEDS $2,359
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  • Today

    2714 Wallace Ave, Bronx, NY 10467
    STUDIO $2,150
  • Today

    4989 Genesee St, Cheektowaga, NY 14225
    STUDIO $99
  • Today

    89-91 Christopher Street, 329-341 Bleecker Street, New York, NY 10014
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    100 Athol St, Buffalo, NY 14220
    2 BEDS Ask for Pricing
  • Today

    28-10 Jackson Avenue, Long Island City, NY 11101
    4 BEDS Ask for Pricing
  • Today

    771 Main St, Buffalo, NY 14203
    1 BED Ask for Pricing
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  • Today

    225 West 23Rd & 220 West 24Th Street, Manhattan, NY 10011
    STUDIO Ask for Pricing
  • Today

    144-150 Ludlow Street, Manhattan, NY 10002
    STUDIO Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    9 Monticello Drive, Brewster, NY 10509
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    765 Main St, Buffalo, NY 14203
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • Today

    301 E 21St Street, Manhattan, NY 10010
    STUDIO Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    915 Dawson Street, Bronx, NY 10459
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
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  • Today

    2100-2110 Bronx Park East, Bronx, NY 10462
    2 BEDS Ask for Pricing
  • Today

    185 Prospect Park West, Brooklyn, NY 11215
    3 BEDS Ask for Pricing
  • Today

    504 East 12Th Street, New York, NY 10009
    2 BEDS Ask for Pricing
  • Today

    1209 Dekalb Ave, Brooklyn, NY 11221
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    321 East 22Nd Street, Manhattan, NY 10010
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • Today

    500 Broome Street, New York, NY 10013
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • Today

    79 Radcliffe Road, Island Park, NY 11558
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    678 9Th Avenue, New York, NY 10036
    STUDIO Ask for Pricing
    3 BEDS Ask for Pricing
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Getting around in New York, NY

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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 7 Feb 2025.

What are the best apartments in New York?

The best apartments in New York are: Mansions at Delmar, Echo Pond Luxury Apartments, Willowbrooke Apartments & Townhomes, Brookwood at Bay Shore and Brookwood at Islip.

What type of rental buildings are in New York?

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.

Renting apartments in New York under $500

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 280 apartments for rent in New York from 263 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.

Finding the best rental near you

New York is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $185 in New York, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

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