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Apartments for Rent in New York under $500

87 Rentals Available
Apartments for Rent in New York under $500. 87 Rentals Available
  • a collage of photos and the building
    Today

    3155 Grand Concourse, Bronx, NY 10468
    2 BEDS Ask for pricing
  • a collage of photos and the building
    Today

    222 Bedford Park Blvd, Bronx, NY 10458
    1 BED Ask for pricing
  • a group of cars parked in front of a building
    Today

    170 Decatur Street, Brooklyn, NY 11233
    STUDIO $413
  • a sales rents management company logo with the word asset property services
    Today

    418 Route 376, Hopewell Jct, NY 12533
    STUDIO $75
  • Transworld Studio Apartment for Rent
    Today

    Transworld, New York, NY 10003
    STUDIO $20
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  • two trash cans on the sidewalk in front of a house
    Today

    197 Emerson Street, Rochester, NY 14613
    1 BED $475
  • a living room with a wooden table and a closet
    Today

    6 Wierk Avenue, Liberty, NY 12754
    STUDIO $342+
  • a brick building with a sign on the side of it
    Today

    5933 Main Street, Williamsville, NY 14221
    STUDIO $175
  • a large building with a lawn in front of it
    Today

    Westchester, White Plains, NY 10603
    STUDIO $483
  • a kitchen with stainless steel appliances and a marble counter top
    Today

    4989 Genesee St, Cheektowaga, NY 14225
    STUDIO $99
  • a small building on the side of a street
    Today

    320 Buffalo RD, Rochester, NY 14611
    STUDIO $450
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  • the front of a building with the center hacienda sign
    Today

    171 East State Street, Ithaca, NY 14850
    STUDIO Ask for Pricing
  • a tall brick building with a tree in front of it
    Today

    Ridgewood, Ridgewood, NY 11385
    STUDIO $300
  • a sales rents management company logo with the word asset property services
    Today

    112 East Hook Cross Road, Fishkill, NY 12524
    STUDIO $300+
  • a building with a balcony and cars parked in front of it
    Today

    118-120 Grand Street, Croton-On-Hudson, NY 10520
    STUDIO $150
  • a parking lot with cars and trees
    Today

    840 Linden Avenue, Rochester, NY 14625
    STUDIO $450
  • a red brick house with a tree in front of it
    Today

    104 Hinchey Avenue, Lancaster, NY 14086
    STUDIO $175
  • a kitchen with a sink and a window
    Today

    77 Laverack Avenue, Depew, NY 14043
    STUDIO $185
  • a brown and with a sign in front of it
    Today

    476 Terrace Blvd, Depew, NY 14043
    STUDIO $325
  • a dirt road in front of a building
    Today

    797 Main St Land Only, Corfu, NY 14036
    STUDIO $10+
  • a collage of photos with buildings and a dog
    Today

    55 East 210Th Street, Bronx, NY 10467
    2 BEDS Ask for pricing
  • a city street with cars parked in front of a building
    Today

    314-320 East State Street, Ithaca, NY 14850
    STUDIO $20+
  • a white house with a balcony and a porch
    Today

    91 Laverack Avenue, Depew, NY 14043
    STUDIO $345
  • a house with a bike parked in front of it
    Today

    52 Patsy Lane, Depew, NY 14043
    STUDIO $195
  • a row of houses with trees and plants in front of them
    Today

    Scattered Sites, Rochester, NY 14607
    Income Restricted
    1 BED Ask for Pricing
32-0-state
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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 6 Apr 2026.

What are the best apartments in New York?

The best apartments in New York are: Brookwood at Holbrook, 544 Union, Vicina - Modern Urban Flats, Greybarn Amityville - 20 Greybarn Lane and Idylwood Resort Apartment Homes.

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.

Your search for apartments in New York under $500 stops here

Finding apartments for rent in New York for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 87 available units in New York, renting for under $500. On average, $494 can get you 1,070 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $500 in New York goes for $150 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.

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