Cheap Apartments for Rent in Manchester, NH from $700 (91 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.

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.

property at 167 Spruce St

$1,600

3 Bedroom, 1 Bath Home for Rent

Available Now

167 Spruce St

ManchesterNH03103

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.

property at 30 Hanover St

$1,522 - $1,602

Studio Rentals

Available Now

30 Hanover St

ManchesterNH03101

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.

property at 682 Beech St

$1,695 - $1,825

1 To 2 Bedroom Rentals

Available Now

682 Beech St

ManchesterNH03104
property at 124 Beech St

$1,695 - $1,795

2 To 3 Bedroom Rentals

Available Now

124 Beech St

ManchesterNH03103

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, NH Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Manchester, NH

Pricing Updated: 04/16/2026

Current apartment rentals in the Manchester, NH area range in price from $750 to $4,575 with an overall median price of $2,773. The three Manchester neighborhoods with the lowest median rent pricing are Corey Square at $750, Green Acres at $750, and Currier Hill 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
Corey Square$2,125$75010
Green Acres$2,200$75053
Currier Hill$2,300$75050
Somerville$2,300$1,5503
Wellington Manchester$2,300$75052
East End Manchester$2,395$75097
Eaton Heights$2,395$750202
North End Manchester$2,447$750219
Straw Smyth$2,450$1,05097
Highlands Manchester$2,525$1,27575

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. Old Wellington Road Apartments LP in the East End Manchester neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,477. 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
Old Wellington Road Apartments LP2BD/1BA/LIHTC2BR,1BA$1,477
Stella Arms Apartments, LP2BD/1BA/LIHTC2BR,1BA$1,477
Piscataquog River Apartments, LLC2BD/1BA/LIHTC2BR,1BA$1,477
Gresley Residence1BR1BA Premium1BR,1BA$1,625
Southside Manor1x11BR,1BA$1,625
Wood EdgeStudio Upper Level1BR,1BA$1,635

Best Value Apartments for Rent in Manchester, NH

As of April 16, 2026 the best value apartment in the Manchester area is the $1.35 price per square foot 2 Bed 2 Bath Model at Lofts at Mill West in the in the Washington Park Estates neighborhood starting from $2,680. The second greatest value Manchester apartment is the 337 Wilson St Model at 337 Wilson St, Unit 1 starting at $2,650 with a $1.58 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 West2 Bed 2 Bath2BR,2BA$1.35
337 Wilson St, Unit 1337 Wilson St4BR,1.5BA$1.58
Lofts at Jefferson Mill2 Bed 1 Bath2BR,1BA$1.80
187 Kelley St, Unit 3187 Kelley St2BR,1BA$1.82
206 Lowell St, Unit Apt 2206 Lowell St4BR,1BA$0.75
361 Manchester St, Unit 2361 Manchester St3BR,1BA$1.75
219 Spruce St2/12BR,1BA$1.75
Old Wellington Road Apartments LP2BD/1BA/LIHTC2BR,1BA$1.54
Stella Arms Apartments, LP2BD/1BA/LIHTC2BR,1BA$1.54
Piscataquog River Apartments, LLC2BD/1BA/LIHTC2BR,1BA$1.54

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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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!

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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 $1,635.

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 $2,773.

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 109 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 $256 which is $2,517 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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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.