Cheap Apartments for Rent in Manchester, MA from $1,550 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in Manchester.

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1 Powder House Ln
1 to 2 Bedroom Apartments

1 Powder House Ln

1 Powder House LnManchester, MA 01944
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Salem Heights
$1,550 - $1,700

Total Monthly Price

Base Rent$1,550 - $1,700

Total Monthly Price$1,550 - $1,700
1 to 2 Bedroom Apartments Available Soon

Salem Heights

12 Pope StSalem, MA 01970
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Salem Highlands
$1,700 - $2,500

Total Monthly Price

Base Rent$1,700 - $2,500

Total Monthly Price$1,700 - $2,500
Studio to 2 Bedroom Apartments Available Now

Salem Highlands

84 Highland AveSalem, MA 01970
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Grove Street Landing
$1,900 - $3,155

Total Monthly Price

Base Rent$1,900 - $3,155

Total Monthly Price$1,900 - $3,155
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Grove Street Landing

64 Grove StSalem, MA 01970
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7 Berry St
$1,900

Total Monthly Price

Base Rent$1,900

Total Monthly Price$1,900
12 Month Lease Term
1 Bedroom Apartments Available Now

7 Berry St

7 Berry StDanvers, MA 01923
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Terrace Gardens
Rent Specials
$1,925 - $2,575

Total Monthly Price

Base Rent$1,925 - $2,575

Total Monthly Price$1,925 - $2,575
12 Month Lease Term
1 to 2 Bedroom Apartments Available Soon

Terrace Gardens

2 Esquire DrPeabody, MA 01960
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Station 101
$2,000 - $3,025

Total Monthly Price

Base Rent$2,000 - $3,025

Total Monthly Price$2,000 - $3,025
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Station 101

101 Rantoul StBeverly, MA 01915
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Heights At Cape Ann
$2,050 - $3,050

Total Monthly Price

Base Rent$2,050 - $3,050

Total Monthly Price$2,050 - $3,050
15 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 15

The Heights At Cape Ann

950 Heights at CapeGloucester, MA 01930
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Princeton Crossing
Rent Specials
$2,140 - $2,600

Total Monthly Price

Base Rent$2,140 - $2,600

Total Monthly Price$2,140 - $2,600
1 to 2 Bedroom Apartments Available Now

Princeton Crossing

12 Heritage DrSalem, MA 01970
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Beverly Commons
$2,199 - $3,748

Total Monthly Price

Base Rent$2,199 - $3,748

Total Monthly Price$2,199 - $3,748
Studio to 2 Bedroom Apartments Available Now

Beverly Commons

0 Beverly Commons DrBeverly, MA 01915
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Traders Row
Rent Specials
$2,278 - $3,475

Total Monthly Price

Base Rent$2,278 - $3,475

Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 18

Traders Row

45 Traders WaySalem, MA 01970
Luxury
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Lore
Rent Specials
$2,299 - $4,828

Total Monthly Price

Base Rent$2,299 - $4,828

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Lore

266 Canal StSalem, MA 01970
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Hannah Village
Rent Specials
$2,300 - $2,500

Total Monthly Price

Base Rent$2,300 - $2,500

Total Monthly Price$2,300 - $2,500
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Hannah Village

17 Conant StBeverly, MA 01915
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14 North
$2,323 - $3,795

Total Monthly Price

Base Rent$2,308 - $3,780
Required Monthly Fees$15

Total Monthly Price$2,323 - $3,795
1 to 3 Bedroom Apartments Available Now

14 North

1000 Crane Brook WayPeabody, MA 01960
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Folly Hill Meadows
$2,325 - $2,800

Total Monthly Price

Base Rent$2,325 - $2,800

Total Monthly Price$2,325 - $2,800
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Folly Hill Meadows

1 Apple RdBeverly, MA 01915
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Bradlee Danvers
$2,389 - $3,761

Total Monthly Price

Base Rent$2,374 - $3,746
Required Monthly Fees$15

Total Monthly Price$2,389 - $3,761
1 to 3 Bedroom Apartments Available Now

Bradlee Danvers

50 Kirkbride DrDanvers, MA 01923
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Hawthorne Commons
Rent Specials
$2,396 - $16,268

Total Monthly Price

Base Rent$2,381 - $16,253
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Hawthorne Commons

205 Highland AveSalem, MA 01970
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20 Locust St
$2,600 - $2,900

Total Monthly Price

Base Rent$2,600 - $2,900

Total Monthly Price$2,600 - $2,900
12 Month Lease Term
2 Bedroom Apartments Available Now

20 Locust St

20 Locust StDanvers, MA 01923
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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240 Conant Apartments
Rent Specials
$2,715 - $3,400

Total Monthly Price

Base Rent$2,715 - $3,400

Total Monthly Price$2,715 - $3,400
2 to 3 Bedroom Apartments Available Now

240 Conant Apartments

240 Conant StDanvers, MA 01923
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Amara
Rent Specials
$2,799 - $3,999

Total Monthly Price

Base Rent$2,799 - $3,999

Total Monthly Price$2,799 - $3,999
1 to 2 Bedroom Apartments Available Now

Amara

6 Rantoul StBeverly, MA 01915
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Sedna Beverly
Rent Specials
$2,875 - $3,999

Total Monthly Price

Base Rent$2,875 - $3,999

Total Monthly Price$2,875 - $3,999
1 to 2 Bedroom Apartments Available Now

Sedna Beverly

16 Congress StBeverly, MA 01915
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River Properties
$2,925 - $3,350

Total Monthly Price

Base Rent$2,925 - $3,350

Total Monthly Price$2,925 - $3,350
2 Bedroom Apartments Available Now

River Properties

70-92 Boston StSalem, MA 01970
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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.

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The Lighthouses
Studio to 3 Bedroom Apartments

The Lighthouses

34 Peabody StSalem, MA 01970
property at 103 Elliott St
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

103 Elliott St

BeverlyMA01915
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Park Towers
1 to 3 Bedroom Apartments

Park Towers

100 Washington StSalem, MA 01970
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Central Grammar
1 to 2 Bedroom Apartments

Central Grammar

10 Dale AveGloucester, MA 01930
Senior Living
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Bayside Apartments
Studio to 2 Bedroom Apartments

Bayside Apartments

100-101 Colonial DrIpswich, MA 01938
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14 New Derby
1 Bedroom Apartments

14 New Derby

18 New Derby StSalem, MA 01970
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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.

Manchester, MA Local Guide

Cheapest Available Manchester Apartments for Rent and Nearby

 

The cheapest available apartment rental in Manchester, MA is a Studio unit found at Salem Highlands in the South Salem neighborhood priced from $1,700. 256 Washington in the South Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here is today’s list of the most affordable Manchester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Salem HighlandsStudio, non-renovatedStudio,1BA$1,700
256 Washington1BR/1.0BA1BR,1BA$1,850
University Square North1BR/1.0BA1BR,1BA$1,895
7 Berry St1 Bedroom - 1st Floor1BR,1BA$1,900
Maple Square ApartmentsStudio, 1 BathroomStudio,1BA$2,025
296-300 Washington St2 Bed2BR,1BA$2,099
Princeton CrossingOne Bedroom Standard1BR,1BA$2,140
8 Flume Road1BR/1.0BA1BR,1BA$2,200
Burnham Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$2,260
Beverly Commons1Bed1BR,1BA$2,285

Best Value Apartments for Rent in Manchester, MA and Nearby

As of September 12, 2026 the best value apartment in the Manchester area is the $2.18 price per square foot B1 Model at Eagle Rock Apartments at Swampscott in the in the South Salem neighborhood starting from $2,829. The second greatest value Manchester apartment is the A1 Model at Vavel Apartments starting at $3,600 with a $2.80 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for Manchester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Rock Apartments at SwampscottB12BR,2BA$2.18
Vavel ApartmentsA12BR,2BA$2.80
14 NorthCypress Gardens (C2)3BR,2BA$2.72
240 Conant Apartments2 Bed T042BR,2BA$2.40
20 Locust StConcept 22BR,2BA$2.26
River Properties2 Bed 1 bath 70 Boston Street2BR,1BA$2.81
Station 1012 Bed A2BR,2BA$2.73
Folly Hill Meadows2Bd 1.5Bt (1000 sq ft)2BR,1.5BA$2.68
7 Berry St1 Bedroom - 1st Floor1BR,1BA$1.90
University Square North1BR/1.0BA1BR,1BA$2.43

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Manchester Apartments

What is the Cheapest Studio apartment in Manchester?

Currently the most affordable Cheap Studio Apartment in Manchester is at Salem Highlands listed at $1,700.

How much is rent for a Cheap One Bedroom Manchester Apartment?

The lowest price for a Cheap One Bedroom Manchester Apartment is $1,850 at 256 Washington.

What is the lowest price for a Cheap Two Bedroom Manchester Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Manchester is starting from $2,099 at 296-300 Washington St.

What is the most affordable Manchester Three Bedroom Apartment?

The best deal on a cheap Manchester Three Bedroom Apartment rental is at Bradlee Danvers and starts from $3,259.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.