
New Apartments for Rent in Manhattan, NY Under $5,000 (316 Rentals)


Stella LES

Mabel

EOS

Pod Pads

Bay Grove Arms

7 Dekalb

VIA 57 WEST

123-127 Boerum St

Park + Garden
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.

Edge Lofts

The Bold

344 Communipaw Ave

The Reserve at Estuary

The Rocklyn

Columbus Collection
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Harlow

The Lively

The Paxton

The Declan

Haus25

Tower 77

65 Bay Street

The Hendrix

The Duchess

Quinn

The Greenpoint

351 Marin

7 Seventy House
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

RiverHouse 11 at Port Imperial

Sven

VYV

11 Cooper St

Harbor 1500

Hamilton Cove

RiverParc

The One

RiverHouse 9 at Port Imperial

The Capstone at Port Imperial
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

235 Grand

Miramar

The Arabella

Sable

485 Marin

Vantage Collection

The Morgan at Provost Square

260 Gold

One Grove

Lenox
New York's Best Affordable Neighborhoods
Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci
Manhattan, NY Local Guide

How much does it cost to rent an apartment in Manhattan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Manhattan Studio Apartments | $3,912 | $1,100 | $10,000+ |
Manhattan 1 Bedroom Apartments | $4,402 | $995 | $10,000+ |
Manhattan 2 Bedroom Apartments | $5,793 | $1,482 | $10,000+ |
Manhattan 3 Bedroom Apartments | $7,356 | $1,714 | $10,000+ |
Manhattan 4 Bedroom Apartments | $7,953 | $1,440 | $10,000+ |
Manhattan 5 Bedroom Apartments | $8,280 | $1,510 | $10,000+ |
Manhattan 6 Bedroom Apartments | $9,450 | $9,450 | $9,450 |
Explore Manhattan
Manhattan, NY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
Getting Around Manhattan, NY
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Manhattan Apartments
What is the Cheapest New apartment in Manhattan?
Currently the most affordable New Apartment in Manhattan is at Cliffs On Hudson listed at $1,238.
How much is the average rent for a New Manhattan Apartment?
The average rent for a New Apartment in Manhattan is $4,837.
What is the largest New Manhattan Apartment for rent?
Today's New apartment with the most square footage in Manhattan is a 2,013 square feet unit starting from $2,800 at Hudson Lights.
What is the average size for Manhattan New Apartments for rent?
The average size for a New rental in Manhattan is currently at 562 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.