Cheap Apartments for Rent in the Downtown Manchester Neighborhood of Manchester, NH from $800 (57 Rentals)

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

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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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property at 251 Pine St

$1,425 - $1,495

1 Bedroom Rentals

Available Now

251 Pine St

ManchesterNH03103

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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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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property at 409 Elm St

$1,844 - $2,282

1 Bedroom Rentals

Available Now

409 Elm St

ManchesterNH03101

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 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

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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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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Hampshire Tower
1 Bedroom Apartments

Hampshire Tower

55 River RdManchester, NH 03104
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Pearson Place
1 Bedroom Apartments

Pearson Place

922 Elm StManchester, NH 03101
Corporate Housing

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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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. The Flats at Hanover Common has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. 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
The Flats at Hanover CommonEssexStudio,1BA$1,275
Gresley Residence1BR1BA Premium1BR,1BA$1,475
Maynard School Apartments2bed 2 bath2BR,1BA$1,650
The Residences at Elm StreetStudioStudio,1BA$1,650
Hampshire Tower1 Beds, 1 Baths1BR,1BA$1,675
Trade Center ApartmentsStudioStudio,1BA$1,725
75 CanalMerrimackStudio,1BA$1,745

Best Value Apartments for Rent in Downtown Manchester, NH

As of July 14, 2026 the best value apartment in the Downtown Manchester area is the $1.28 price per square foot 2 Bed 2 Bath Model at Lofts at Mill Number One in the in the Washington Park Estates neighborhood starting from $2,310. The second greatest value Downtown Manchester apartment is the The Litchfield Model at Residences at Manchester Place starting at $2,535 with a $2.18 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 Number One2 Bed 2 Bath2BR,2BA$1.28
Residences at Manchester PlaceThe Litchfield2BR,2BA$2.18
Riverwalk2BR-C2BR,2BA$2.49
Maynard School Apartments2bed 1bath2BR,1BA$1.65
923 Elm St, Unit 923 Elm St second floor923 Elm St1BR,1BA$1.60
12302 Bedroom 1 Bath2BR,1BA$2.41
The Residence at 1000 Elm2 Bed 1 Bath2BR,1BA$2.54
The Residence at 1555 Elm2 Bed 1 Bath2BR,1BA$2.19
The Lofts at Waumbec Mill1 Bed 1 Bath1BR,1BA$2.06
Amoskeag Apartments1 Bed 1 Bath1BR,1BA$2.57

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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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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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 $1,745.

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 $2,725.

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 $156 which is $2,569 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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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.

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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.