
Cheap Apartments for Rent in the Downtown Manchester Neighborhood of Manchester, NH from $800 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Manchester area of Manchester.


Residences at Chestnut

The Flats @ Hanover Common - Innovative Micro Living

63 Brook St, Unit 4

189-193 Cedar St

Total Monthly Price
165 Merrimack St, Unit 2, Unit 2

10 Orange St

492 Pine St, Unit 2
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.

Amoskeag Apartments

Gresley Residence

715 Union St, Unit 2r

52 Myrtle St

Maynard School Apartments

Park View Apartments

Weston Terrace

St George Apartments
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.

The Apartments at 64 Merrimack Street

Union Street Apartments

819 Elm St, Unit 12, Unit 12

Village on Second Street

1267 Elm St

Opera Block Apartments

673 Chestnut St

Red Oak at 83 Hanover Street
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.
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 | $1,719 | $1,050 | $2,172 |
| Downtown Manchester 1 Bedroom Apartments | $2,112 | $1,350 | $2,947 |
| Downtown Manchester 2 Bedroom Apartments | $2,367 | $1,375 | $4,575 |
| Downtown Manchester 3 Bedroom Apartments | $2,805 | $2,000 | $4,206 |
| Downtown Manchester 4 Bedroom Apartments | $3,050 | $2,250 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Downtown Manchester Neighborhood of Manchester, NH.
See all Apartments in ManchesterExplore Manchester
Downtown Manchester, Manchester, NH Local Guide
- Nearby Manchester neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. The Residences at Elm Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. 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 |
| The Residences at Elm Street | Studio | Studio,1BA | $1,650 |
| Trade Center Apartments | Studio | Studio,1BA | $1,725 |
| Riverwalk | Studio | Studio,1BA | $1,800 |
| The Lofts at Waumbec Mill | 1 Bed 1 Bath | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Downtown Manchester, NH
As of May 24, 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 3 bed 1 Bath Model at The Residence at 1555 Elm starting at $3,200 with a $2.35 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 |
| The Residence at 1555 Elm | 3 bed 1 Bath | 3BR,1BA | $2.35 |
| 1230 | 2 Bedroom 1 Bath | 2BR,1BA | $2.08 |
| The Lofts at Waumbec Mill | 2 Bed 1 Bath | 2BR,1BA | $2.26 |
| Amoskeag Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $2.68 |
| 165 Merrimack St, Unit 2 | 165 Merrimack St | 2BR,1BA | $1.38 |
| Gresley Residence | 2BR1BA Premium | 2BR,1BA | $2.19 |
| Grand Central Suites | 1 Bed, 1 bath | 1BR,1BA | $2.35 |
| Wall Street Tower | 1 Bedroom Deluxe | 1BR,1BA | $2.83 |
| WBC Estates | 80 Lowell Studio | Studio ,1BA | $2.75 |
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 $2,100.
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 $3,050.
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 7 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 $149 which is $2,901 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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.