
Cheap Apartments for Rent in Manchester, MA from $1,400 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Manchester.


Salem Heights

Salem Highlands

Shops and Lofts at Market Street

7 Berry St

Terrace Gardens

Central Grammar

The Heights At Cape Ann

Station 101

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.

Princeton Crossing

Folly Hill Meadows

Terrace Estates Apartments

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296-300 Washington St

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Traders Row

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14 North

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Lore

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Hannah Village

Burnham Apartment Homes

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Beverly Commons
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.

231 Washington Residences

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Bradlee Danvers

256 Washington

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Hawthorne Commons

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Amara

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The Landing at Vinnin Square

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Essex Apartment Homes

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The Beverly Collection: Flats at 131

University Square South

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The Beverly Collection: The Block
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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The Beverly Collection: Canvas

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The Beverly Collection: Link 480

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20 Locust St

240 Conant Apartments

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Halstead Salem Station

Sedna Beverly

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Halstead Beverly Townhomes

River Properties

The Residences at St. James

The Lighthouses
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.

50 Broadway Apartment Homes

1 Harbor

Park Towers

Bayside Apartments

14 New Derby

University Square North

115 Water St

62 Cabot

39 Railroad

Halyard
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 | $2,395 | $1,700 | $3,854 |
| Manchester 1 Bedroom Apartments | $2,616 | $1,550 | $3,667 |
| Manchester 2 Bedroom Apartments | $3,042 | $1,700 | $4,399 |
| Manchester 3 Bedroom Apartments | $3,610 | $2,675 | $4,600 |
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 1 Bed unit found at 1 Powder House Ln in the Beverly Farms neighborhood priced from $1,672. Salem Highlands in the South Salem neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here is today’s list of the most affordable Manchester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1 Powder House Ln | One Bedroom 60% | 1BR,1BA | $1,672 |
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| Shops and Lofts at Market Street | 11 Topsfield Rd | 1BR,1BA | $1,850 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1,900 |
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1,935 |
| 14 New Derby | 1BR/1.0BA | 1BR,1BA | $1,975 |
| Maple Square Apartments | Studio, 1 Bathroom | Studio,1BA | $2,025 |
| University Square North | 1BR/1.0BA | 1BR,1BA | $2,100 |
| 296-300 Washington St | 2 Bed | 2BR,1BA | $2,250 |
| Folly Hill Meadows | 870SF 1 bed | 1BR,1BA | $2,250 |
Best Value Apartments for Rent in Manchester, MA and Nearby
As of July 29, 2026 the best value apartment in the Manchester area is the $2.40 price per square foot B1 Model at Eagle Rock Apartments at Swampscott in the in the South Salem neighborhood starting from $3,124. The second greatest value Manchester apartment is the Pine Model at Essex Apartment Homes starting at $2,880 with a $2.47 price per square foot in the Choate Farm 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 | $2.40 |
| Essex Apartment Homes | Pine | 2BR,2BA | $2.47 |
| 20 Locust St | Concept 2 | 2BR,2BA | $2.26 |
| Station 101 | 2 Bed A | 2BR,2BA | $2.73 |
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1.88 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1.90 |
| University Square South | 2BR/2.0BA | 2BR,2BA | $2.56 |
| Beverly Commons | 2Bed | 2BR,1BA | $2.74 |
| Folly Hill Meadows | 870SF 1 bed | 1BR,1BA | $2.59 |
| University Square North | 1BR/1.0BA | 1BR,1BA | $2.69 |
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.
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 $1,672 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 14 North and starts from $3,667.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.