
Cheap Homes for Rent in Downtown Manchester Neighborhood of Manchester, NH from $1,500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Manchester area of Manchester.


131 W Merrimack St
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.

84 Blodget St

55 River Rd
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 a home in Downtown Manchester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Manchester 2 Bedroom Homes for Rent | $2,044 | $1,700 | $2,400 |
| Downtown Manchester 3 Bedroom Homes for Rent | $2,062 | $1,950 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Manchester Neighborhood of Manchester, NH.
Explore Manchester
Best Value Apartments for Rent in Downtown Manchester, NH
As of June 23, 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 3 Bed 1 Bath Model at Lofts at Mill West starting at $2,625 with a $1.75 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 Number One | 2 Bed 2 Bath | 2BR,2BA | $1.28 |
| Lofts at Mill West | 3 Bed 1 Bath | 3BR,1BA | $1.75 |
| Amoskeag Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.83 |
| 37 Salmon St, Unit 2nd Floor Apartment | 37 Salmon St | 2BR,1BA | $1.89 |
| The Residence at 1000 Elm | 2 Bed 1 Bath | 2BR,1BA | $2.01 |
| The Lofts at Waumbec Mill | 2 Bed 1 Bath | 2BR,1BA | $2.26 |
| Riverwalk | 2BR-A | 2BR,2BA | $2.55 |
| The Residence at 1555 Elm | 2 Bed 1 Bath | 2BR,1BA | $2.19 |
| 1230 | 2 Bedroom 1 Bath | 2BR,1BA | $2.53 |
| Pearson Place | 1BR1BA | 1BR,1BA | $2.64 |
Frequently Asked Questions about Downtown Manchester
What type of rentals are currently available in Downtown Manchester?
There are currently 191 Apartments for Rent in Downtown Manchester, NH with pricing that ranges from $1,050 to $4,575. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Manchester ranging from $1,550 to $2,400.
What is the current price range for Rental Homes in Downtown Manchester?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Manchester ranges from $1,550 to $2,400 with an average monthly rent of $1,822.
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

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.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.