Cheap Apartments for Rent in Manchester, MA from $1,400 (51 Rentals)

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

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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Traders Row
Rent Specials
$2,278 - $3,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,278 - $3,475

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Traders Row

45 Traders WaySalem, MA 01970
Luxury
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Hannah Village
$2,300 - $2,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300 - $2,500

Total Monthly Price
$2,300 - $2,500
1 to 2 Bedroom Apartments Available Now

Hannah Village

17 Conant StBeverly, MA 01915
Family Friendly
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Lore
Rent Specials
$2,348 - $3,954
Total Monthly Price

Total Monthly Price

Base Rent
$2,348 - $3,954

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lore

266 Canal StSalem, MA 01970
Family Friendly
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  • Customer Reviewed
  • 3D Tour

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.

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Bradlee Danvers
$2,395 - $3,949
Total Monthly Price

Total Monthly Price

Base Rent
$2,380 - $3,934
Required Monthly Fees
$15

Total Monthly Price
$2,395 - $3,949
1 to 3 Bedroom Apartments Available Now

Bradlee Danvers

50 Kirkbride DrDanvers, MA 01923
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Hawthorne Commons
Rent Specials
$2,423 - $10,914
Total Monthly Price

Total Monthly Price

Base Rent
$2,408 - $10,899
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hawthorne Commons

205 Highland AveSalem, MA 01970
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14 North
$2,509 - $4,050
Total Monthly Price

Total Monthly Price

Base Rent
$2,494 - $4,035
Required Monthly Fees
$15

Total Monthly Price
$2,509 - $4,050
1 to 3 Bedroom Apartments Available Now

14 North

1000 Crane Brook WayPeabody, MA 01960
Furnished
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  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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20 Locust St
$2,600 - $3,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,600 - $3,200

Total Monthly Price
$2,600 - $3,200
2 Bedroom Apartments Available Now

20 Locust St

20 Locust StDanvers, MA 01923
Family Friendly
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Beverly Commons
$2,696 - $3,486
Total Monthly Price

Total Monthly Price

Base Rent
$2,696 - $3,486

Total Monthly Price
$2,696 - $3,486
Studio to 2 Bedroom Apartments Available Now

Beverly Commons

0 Beverly Commons DrBeverly, MA 01915
Corporate Housing
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The Lighthouses
Studio to 3 Bedroom Apartments

The Lighthouses

34 Peabody StSalem, MA 01970
property at 32 Beacon St

$1,500 - $3,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 To 2 Bedroom Rentals

Available Now

32 Beacon St

GloucesterMA01930
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Park Towers
1 to 3 Bedroom Apartments

Park Towers

100 Washington StSalem, MA 01970

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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39 Railroad
1 to 2 Bedroom Apartments

39 Railroad

39 Railroad AveBeverly, MA 01915
  • Smoke Free
property at 9 Winthrop Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio, 1 Bath Home for Rent

Available Now

9 Winthrop Ave

BeverlyMA01915
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Halyard
Studio to 2 Bedroom Apartments

Halyard

2 School House RdGloucester, MA 01930
property at 6 Mt Vernon St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

6 Mt Vernon St

MarbleheadMA01945
property at 10 Warner St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Townhome for Rent

Available Now

10 Warner St

SalemMA01970
property at 8 Williams St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

8 Williams St

SalemMA01970
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18 New Derby St
1 Bedroom Apartments

18 New Derby St

18 New Derby StSalem, MA 01970
  • Utilities Included
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130 Cabot
1 to 2 Bedroom Apartments

130 Cabot

130 Cabot StBeverly, MA 01915

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 The Residences at St. James in the South Salem neighborhood priced from $1,400. 1 Powder House Ln in the Beverly Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,672. Here is today’s list of the most affordable Manchester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at St. JamesStudio 60%Studio,1BA$1,400
1 Powder House LnOne Bedroom 60%1BR,1BA$1,672
Salem HighlandsStudio, non-renovatedStudio,1BA$1,700
50 Broadway Apartment HomesStudio AStudio,1BA$1,780
7 Berry St1 Bedroom1BR,1BA$1,800
Shops and Lofts at Market Street11 Topsfield Rd1BR,1BA$1,850
Historic 1 Harbor St1BR/1.0BA1BR,1BA$1,900
260 Washington Apartments – Modern Living in the Heart of Salem1BR/1.0BA1BR,1BA$1,900
Central Grammar2 bed / 1 bath2BR,1BA$1,935
Bayside ApartmentsCountry 1 BR1BR,1BA$1,950

Best Value Apartments for Rent in Manchester, MA and Nearby

As of April 28, 2026 the best value apartment in the Manchester area is the $2.70 price per square foot A7 Model at Vavel Apartments in the in the South Salem neighborhood starting from $3,950. The second greatest value Manchester apartment is the B1 Model at Eagle Rock Apartments at Swampscott starting at $2,704 with a $2.08 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.
Vavel ApartmentsA72BR,2BA$2.70
Eagle Rock Apartments at SwampscottB12BR,2BA$2.08
20 Locust StConcept 22BR,2BA$2.26
240 Conant Apartments2 Bed T022BR,2BA$2.54
Traders RowB2D2BR,2BA$2.90
Central Grammar2 bed / 1 bath2BR,1BA$1.88
Folly Hill Meadows870SF 1 bed1BR,1BA$2.59
Bayside ApartmentsCountry 1 BR1BR,1BA$2.60
The Heights At Cape Ann2 Bedroom2BR,1BA$2.93
Shops and Lofts at Market Street11 Topsfield Rd1BR,1BA$2.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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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 The Residences at St. James listed at $1,400.

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

The lowest price for a Cheap One Bedroom Manchester Apartment is $1,672 at 1 Powder House Ln.

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 $1,935 at Central Grammar.

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 $3,746.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.