Cheap Apartments for Rent in Manchester, NH from $700 (144 Rentals)

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

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206 Lowell St, Unit Apt 2
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
4 Bedroom Apartment Available Sep 1

206 Lowell St, Unit Apt 2

206 Lowell StManchester, NH 03104
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303 Hanover St, Unit 3
$895
Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895
1 Bedroom Apartment Available Aug 10

303 Hanover St, Unit 3

303 Hanover StManchester, NH 03104
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29 Bay St, Unit 29 Bay St
$1,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375
1 Bedroom Apartment Available Now

29 Bay St, Unit 29 Bay St

29 Bay StManchester, NH 03104
Affordability
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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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property at 416 Rimmon St

$1,495 - $1,695

1 To 2 Bedroom Rentals

Available Now

416 Rimmon St

ManchesterNH03102
property at 251 Pine St

$1,425 - $1,495

1 Bedroom Rentals

Available Now

251 Pine St

ManchesterNH03103

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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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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property at 320 Lowell St

$1,600

1 Bedroom Rentals

Available Now

320 Lowell St

ManchesterNH03104
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607 Hevey St, Unit 1R
$1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650
1 Bedroom Apartment Available Now

607 Hevey St, Unit 1R

607 Hevey StManchester, NH 03102
Affordability
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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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property at 260 Cedar St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

260 Cedar St, Unit Apt 3

260 Cedar St
ManchesterNH03103

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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Manchester, NH Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Manchester, NH

Pricing Updated: 07/15/2026

Current apartment rentals in the Manchester, NH area range in price from $750 to $4,490 with an overall median price of $2,647. The three Manchester neighborhoods with the lowest median rent pricing are Somerville at $1,500, Youngsville at $1,225, and Corey Square at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Manchester Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Somerville$2,050$1,5006
Youngsville$2,075$1,22526
Corey Square$2,100$75013
Green Acres$2,100$75053
Kalivas Union$2,150$1,2019
Hallsville$2,275$1,5006
Currier Hill$2,300$75054
Wellington Manchester$2,300$75057
Eaton Heights$2,325$750130
East End Manchester$2,400$75060

Cheapest Available Manchester Apartments for Rent

 

The cheapest available apartment rental in Manchester, NH is a Studio unit found at WBC Estates in the Washington Park Estates neighborhood priced from $1,100. The Flats at Hanover Common in the Washington Park Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. Here is today’s list of the most affordable Manchester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
WBC Estates80 Lowell StudioStudio,1BA$1,100
The Flats at Hanover CommonEssexStudio,1BA$1,275
Sidora's Terrace Apartments, LP2BD/1BA/LIHTC2BR,1BA$1,467
Gresley Residence1BR1BA Premium1BR,1BA$1,475
Old Wellington Road Apartments LP2BD/1BA/LIHTC2BR,1BA$1,477
Manchester GardensS - BStudio,1BA$1,590
Southside Manor1x11BR,1BA$1,625

Best Value Apartments for Rent in Manchester, NH

As of July 15, 2026 the best value apartment in the Manchester area is the $1.64 price per square foot 3 Bed 2 Bath Model at Lofts at Mill West in the in the Washington Park Estates neighborhood starting from $3,345. The second greatest value Manchester apartment is the 498 Hanover St Model at 498 Hanover St, Unit 498Hanover St Unit 3 starting at $2,400 with a $1.71 price per square foot in the Washington Park Estates 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.
Lofts at Mill West3 Bed 2 Bath3BR,2BA$1.64
498 Hanover St, Unit 498Hanover St Unit 3498 Hanover St2BR,1BA$1.71
159 Blaine St, Unit 2159 Blaine St2BR,1BA$1.50
Lofts at Mill Number One1 Bed 1 Bath1BR,1BA$1.78
Maynard School Apartments2bed 1bath2BR,1BA$1.65
923 Elm St, Unit 923 Elm St second floor923 Elm St1BR,1BA$1.60
361 Manchester St, Unit 2361 Manchester St3BR,1BA$1.75
Sidora's Terrace Apartments, LP2BD/1BA/LIHTC2BR,1BA$1.53
Old Wellington Road Apartments LP2BD/1BA/LIHTC2BR,1BA$1.54
67 Boynton St, Unit 1st Floor Apartment67 Boynton St1BR,1BA$1.74

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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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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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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Manchester Overview

Manchester is the biggest city of New Hampshire. It has plenty of great entertainment and dining options. It is great for skiing during the winter and whale-watching and swimming during the summer. The city has up to 900 acres of parks, public beaches and swimming pools. It is also really good for business.

Why live in Manchester, NH?

Living in this city is a constant adventure. It is big, diverse and full of activity. It has plenty of unique and creative eating and drinking venues, malls, stores, movie shops, libraries, hospitals, gyms and many housing options. The arts and culture is great and constantly growing. The city has plenty of museums and theatres to visit. It has plenty of good schools and colleges that perform well nationally. The nightlife is really good and there are plenty of outdoor festivities. It is a great city to do business because of the big and diverse population. It also has plenty of job opportunities for both hi-tech and average workers.

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

Explore Manchester, NH Rentals by Map

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Frequently Asked Questions about Cheap Manchester Apartments

What is a cheap apartment in Manchester?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Manchester is under $1,625.

What is the price of a cheap apartment in Manchester?

The cheapest apartment in Manchester is WBC Estates which is listed at $1,350, while the average apartment in Manchester costs $2,647.

What types of apartments are the cheapest in Manchester?

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 92 regular apartments in Manchester that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Manchester?

Cheap apartments in Manchester have an average cost of $241 which is $2,406 cheaper than the average rent for all rentals in Manchester.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.