
Cheap Apartments for Rent in the Downtown Keene Neighborhood of Keene, NH from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Keene area of Keene.


Arcadia Apartments

Total Monthly Price
150 Island St, Unit Unit 3

Total Monthly Price
44 Coolidge St, Unit 44

35 Armory St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

37 Franklin St

37 Franklin St

Washington Park of Keene

9 Aliber Pl

21 Cross St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

116 Church St
Downtown Keene, Keene, NH Local Guide

How much does it cost to rent an apartment in Downtown Keene?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Keene Studio Apartments | $1,587 | $1,400 | $1,775 |
| Downtown Keene 1 Bedroom Apartments | $1,431 | $700 | $2,415 |
| Downtown Keene 2 Bedroom Apartments | $2,003 | $1,100 | $3,225 |
| Downtown Keene 3 Bedroom Apartments | $1,996 | $1,450 | $3,355 |
| Downtown Keene 4 Bedroom Apartments | $1,438 | $775 | $2,080 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the Downtown Keene Neighborhood of Keene, NH.
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Downtown Keene, Keene, NH Local Guide
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Cheapest Available Downtown Keene Apartments for Rent
 The cheapest available apartment rental in the Downtown Keene area of Keene, NH is a 4 Beds unit found at Arcadia Apartments priced from $775. Washington Park of Keene has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Downtown Keene apartments for rent in Keene, NH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arcadia Apartments | 3 or 4 Bedroom Student Apartments | 4BR,2BA | $775 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1,400 |
| 9 Aliber Pl | Studio, 1 bath | Studio,1BA | $1,400 |
| PRINCETON ARBORS | Balsam | 2BR,1BA | $1,995 |
| Colony Mill | 2 Bed 2 Bath | 2BR,2BA | $2,285 |
Best Value Apartments for Rent in Downtown Keene, NH
As of May 28, 2026 the best value apartment in the Downtown Keene area is the $1.72 price per square foot 2 Bed 2 Bath Model at Colony Mill in the in the West Keene neighborhood starting from $2,285. The second greatest value Downtown Keene apartment is the Professional Suites - 2, 3, or 4 Bedroom / 2 Ba... Model at Arcadia Apartments starting at $900 with a $0.79 price per square foot in the West Keene neighborhood. Here is today’s list of the best values for Downtown Keene apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony Mill | 2 Bed 2 Bath | 2BR,2BA | $1.72 |
| Arcadia Apartments | Professional Suites - 2, 3, or 4 Bedroom / 2 Ba... | 4BR,2BA | $0.79 |
| 404 Washington St, Unit #1 | 404 Washington St | 2BR,1BA | $1.56 |
| 44 Coolidge St, Unit 44 | 44 Coolidge St | 2BR,1BA | $1.10 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1.73 |
| 113 Cross St | 113 Cross St | 2BR,1BA | $2.20 |
| PRINCETON ARBORS | Balsam | 2BR,1BA | $2.74 |
| 57 Winchester St - Rooms for Rent | Bedroom | 1BR,4BA | $8.42 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Keene, Keene, NH
Ranked #1
Among cities in New Hampshire for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Keene, Keene, NH
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for Central Keene, NH. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Keene Apartments
What is the price of a cheap apartment in Downtown Keene?
The cheapest apartment in Downtown Keene is Washington Park of Keene which is listed at $1,400, while the average apartment in Downtown Keene costs $1,770.
What types of apartments are the cheapest in Downtown Keene?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Downtown Keene that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.