
Cheap Apartments for Rent in the Downtown Manchester Neighborhood of Manchester, NH from $850 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Manchester area of Manchester.


Residences at Chestnut

61 Pennacook St

The Flats at Hanover Common

41 Manchester St, Unit 5

31 Pennacook St

189-193 Cedar St

616 Union St

124 Orange St

251 Pine St
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.

96 Prospect St

1230 Elm Street

82 3rd St

488 Pine St

67 Stark St

Lofts at Mill West

49 Pennacook St

Pearson Place

Total Monthly Price
The Residences at Elm Street

Total Monthly Price
87 Blodget St, Unit Floor 2
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.

Riverwalk

Gresley Residence

The Residence at 1555 Elm

75 Canal

The Lofts at Waumbec Mill

Grand Central Suites

135 Sagamore St

Trade Center Apartments

Lofts at Mill Number One

Wall Street Tower
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.

129 Second St

Total Monthly Price
Residences at 530 and 540 Chestnut

Rendezvous on Elm

61 laurel St

52 Myrtle St

Park View Apartments

Weston Terrace

St George Apartments

The Apartments at 64 Merrimack Street

Union Street Apartments
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.

Village on Second Street

1267 Elm St

Opera Block Apartments

67 Stark Street

Red Oak at 83 Hanover Street

Maynard School Apartments

Hampshire Tower

819 Elm St, Unit 9

Red Oak at 409 Elm Street

Executive Manor
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.
Downtown Manchester, Manchester, NH Local Guide

How much does it cost to rent an apartment in Downtown Manchester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Manchester Studio Apartments | $1,764 | $1,050 | $2,395 |
| Downtown Manchester 1 Bedroom Apartments | $2,096 | $1,350 | $2,595 |
| Downtown Manchester 2 Bedroom Apartments | $2,387 | $1,400 | $4,225 |
| Downtown Manchester 3 Bedroom Apartments | $2,826 | $2,150 | $3,680 |
| Downtown Manchester 4 Bedroom Apartments | $2,835 | $2,107 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Downtown Manchester Neighborhood of Manchester, NH.
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Downtown Manchester, Manchester, NH Local Guide
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Cheapest Available Downtown Manchester Apartments for Rent
 The cheapest available apartment rental in the Downtown Manchester area of Manchester, NH is a Studio unit found at WBC Estates priced from $1,100. Hampshire Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,675. Here are the most affordable Downtown Manchester apartments for rent in Manchester, NH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| WBC Estates | 80 Lowell Studio | Studio,1BA | $1,100 |
| Hampshire Tower | 1 Beds, 1 Baths | 1BR,1BA | $1,675 |
| Gresley Residence | 2BR1BA Premium | 2BR,1BA | $1,785 |
| Lofts at Mill West | 2 Bed 1 Bath | 2BR,1BA | $1,795 |
| 75 Canal | Merrimack | Studio,1BA | $1,802 |
| The Lofts at Waumbec Mill | 1 Bed 1 Bath | 1BR,1BA | $1,850 |
| Grand Central Suites | 1 Bedroom | 1BR,1BA | $1,885 |
| Trade Center Apartments | Studio | Studio,1BA | $1,900 |
| Lofts at Mill Number One | 1 Bed 1 Bath | 1BR,1BA | $1,910 |
| Wall Street Tower | 1 Bedroom Standard | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Downtown Manchester, NH
As of August 29, 2026 the best value apartment in the Downtown 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 Downtown Manchester apartment is the 4BR/1.0BA Model at 83-97 Langdon St. starting at $2,325 with a $1.45 price per square foot in the Washington Park Estates neighborhood. Here is today’s list of the best values for Downtown Manchester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts at Mill West | 2 Bed 2 Bath | 2BR,2BA | $1.35 |
| 83-97 Langdon St. | 4BR/1.0BA | 4BR,1BA | $1.45 |
| 179 Pine St, Unit 2 | 179 Pine St | 4BR,1BA | $1.82 |
| The Lofts at Waumbec Mill | 3 Bed1 Bath | 3BR,1BA | $2.16 |
| 37 Salmon St | 2 Bedroom | 2BR,1BA | $1.89 |
| Residences at Manchester Place | The Merrimack | 2BR,2BA | $2.14 |
| Lofts at Mill Number One | 1 Bed 1 Bath | 1BR,1BA | $1.78 |
| The Residence at 1555 Elm | 2 Bed 1 Bath | 2BR,1BA | $2.19 |
| Gresley Residence | 2BR1BA Premium | 2BR,1BA | $2.01 |
| 1230 Elm Street | 2 Bedroom 1 Bath | 2BR,1BA | $2.22 |
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.
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Manchester. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Manchester Apartments
What is a cheap apartment in Downtown Manchester?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Manchester is under $1,950.
What is the price of a cheap apartment in Downtown Manchester?
The cheapest apartment in Downtown Manchester is WBC Estates which is listed at $1,350, while the average apartment in Downtown Manchester costs $2,200.
What types of apartments are the cheapest in Downtown 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 9 regular apartments in Downtown 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 Downtown Manchester?
Cheap apartments in Downtown Manchester have an average cost of $189 which is $2,011 cheaper than the average rent for all rentals in Downtown 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

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.

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.

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.