
Cheap Apartments for Rent in Manchester, MA from $1,550 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Manchester.


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Salem Heights

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Salem Highlands

256 Washington

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Grove Street Landing

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7 Berry St

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Terrace Gardens

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University Square South

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Station 101

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Maple Square Apartments
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

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296-300 Washington St

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Princeton Crossing

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Beverly Commons

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Terrace Estates Apartments

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Burnham Apartment Homes

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Traders Row

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Lore

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Hannah Village

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14 North
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

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Bradlee Danvers

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Hawthorne Commons

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The Beverly Collection: Flats at 131

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The Landing at Vinnin Square

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Essex Apartment Homes

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Enterprise Apartment Homes

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The Beverly Collection: Canvas

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The Beverly Collection: Link 480

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20 Locust St
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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Halstead Salem Station

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Halstead Beverly Townhomes

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240 Conant Apartments

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The Beverly Collection: The Block

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Amara

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Eagle Rock Apartments at Swampscott

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Sedna Beverly

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River Properties

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231 Washington Residences

The Residences at St. James
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.

The Lighthouses

50 Broadway Apartment Homes

103 Elliott St

Shops and Lofts at Market Street

University Square North

Park Towers

Historic 1 Harbor St

Central Grammar

Bayside Apartments

14 New Derby
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

How much does it cost to rent an apartment in Manchester?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Manchester Studio Apartments | $2,094 | $1,700 | $2,391 |
| Manchester 1 Bedroom Apartments | $2,721 | $1,550 | $3,901 |
| Manchester 2 Bedroom Apartments | $3,052 | $1,700 | $4,127 |
| Manchester 3 Bedroom Apartments | $3,507 | $2,675 | $5,050 |
Browse Top Apartments in Manchester
See all Apartments in ManchesterExplore Manchester
Manchester, MA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| 256 Washington | 1BR/1.0BA | 1BR,1BA | $1,850 |
| University Square North | 1BR/1.0BA | 1BR,1BA | $1,895 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1,900 |
| Maple Square Apartments | Studio, 1 Bathroom | Studio,1BA | $2,025 |
| 296-300 Washington St | 2 Bed | 2BR,1BA | $2,099 |
| Princeton Crossing | One Bedroom Standard | 1BR,1BA | $2,140 |
| 8 Flume Road | 1BR/1.0BA | 1BR,1BA | $2,200 |
| Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,260 |
| Beverly Commons | 1Bed | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.18 |
| Vavel Apartments | A1 | 2BR,2BA | $2.80 |
| 14 North | Cypress Gardens (C2) | 3BR,2BA | $2.72 |
| 240 Conant Apartments | 2 Bed T04 | 2BR,2BA | $2.40 |
| 20 Locust St | Concept 2 | 2BR,2BA | $2.26 |
| River Properties | 2 Bed 1 bath 70 Boston Street | 2BR,1BA | $2.81 |
| Station 101 | 2 Bed A | 2BR,2BA | $2.73 |
| Folly Hill Meadows | 2Bd 1.5Bt (1000 sq ft) | 2BR,1.5BA | $2.68 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1.90 |
| University Square North | 1BR/1.0BA | 1BR,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.
Read ArticleNavigating 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Manchester, MA Rentals by Map
See the most popular apartments and homes in Manchester, MA
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

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.

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.

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.

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.