Cheap Apartments for Rent in the Downtown Manchester Neighborhood of Manchester, NH from $850 (54 Rentals)

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

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.

property at 67 Stark St

$1,575

1 Bedroom Rentals

Available Now

67 Stark St

ManchesterNH03101

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.

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.

property at 61 laurel St

$2,000 - $2,500

2 To 3 Bedroom Rentals

Available Now

61 laurel St

ManchesterNH30103
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52 Myrtle St
Studio to 1 Bedroom Apartments

52 Myrtle St

52 Myrtle StManchester, NH 03104
  • Utilities Included
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Park View Apartments
Studio to 2 Bedroom Apartments

Park View Apartments

261 Pine StManchester, NH 03103
  • Utilities Included
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Weston Terrace
Studio to 2 Bedroom Apartments

Weston Terrace

70 Lowell StManchester, NH 03101
  • Utilities Included
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St George Apartments
Studio to 3 Bedroom Apartments

St George Apartments

521 Pine StManchester, NH 03104
  • Utilities Included

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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1267 Elm St
1 Bedroom Apartments

1267 Elm St

1267 Elm StManchester, NH 03101
Corporate Housing
  • Utilities Included
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Opera Block Apartments
Studio to 2 Bedroom Apartments

Opera Block Apartments

18 Hanover StManchester, NH 03101
  • Utilities Included
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67 Stark Street
1 Bedroom Apartments

67 Stark Street

63-79 Stark StManchester, NH 03101
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Hampshire Tower
1 Bedroom Apartments

Hampshire Tower

55 River RdManchester, NH 03104
property at 819 Elm St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Now

819 Elm St, Unit 9

819 Elm St
ManchesterNH03101
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Executive Manor
1 to 2 Bedroom Apartments

Executive Manor

567 Union StManchester, NH 03104
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
WBC Estates80 Lowell StudioStudio,1BA$1,100
Hampshire Tower1 Beds, 1 Baths1BR,1BA$1,675
Gresley Residence2BR1BA Premium2BR,1BA$1,785
Lofts at Mill West2 Bed 1 Bath2BR,1BA$1,795
75 CanalMerrimackStudio,1BA$1,802
The Lofts at Waumbec Mill1 Bed 1 Bath1BR,1BA$1,850
Grand Central Suites1 Bedroom1BR,1BA$1,885
Trade Center ApartmentsStudioStudio,1BA$1,900
Lofts at Mill Number One1 Bed 1 Bath1BR,1BA$1,910
Wall Street Tower1 Bedroom Standard1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts at Mill West2 Bed 2 Bath2BR,2BA$1.35
83-97 Langdon St.4BR/1.0BA4BR,1BA$1.45
179 Pine St, Unit 2179 Pine St4BR,1BA$1.82
The Lofts at Waumbec Mill3 Bed1 Bath3BR,1BA$2.16
37 Salmon St2 Bedroom2BR,1BA$1.89
Residences at Manchester PlaceThe Merrimack2BR,2BA$2.14
Lofts at Mill Number One1 Bed 1 Bath1BR,1BA$1.78
The Residence at 1555 Elm2 Bed 1 Bath2BR,1BA$2.19
Gresley Residence2BR1BA Premium2BR,1BA$2.01
1230 Elm Street2 Bedroom 1 Bath2BR,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.

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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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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

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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.

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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.

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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.

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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.