
New Apartments for Rent in Manhattan, NY Under $5,000 (339 Rentals)


The Bold

One Grove

Hoboken Point

The Riverdale Tower

The Reserve at Estuary

The Hendrix

The Station Apartments

The Hazel Jersey City

Quincy
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.

The Rocklyn

The Declan

7 Seventy House

The Grand

The Oyster

Harbor 1500

Hamilton Cove

Atlas

351 Marin

The Reserve
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Haus25

235 Grand

Vantage Collection

Sable

Skylar Lofts

485 Marin

Miramar

The Station

Plaza 53

Waterline Square
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

295J

Columbus Collection

VYV

65 Bay Street

Pod Pads

RiverParc

Hudson Lights

The Centre

FIAT House

Bela

The Duchess

Park + Garden

Bay Grove Arms

11 Cooper St

38 6th Ave

535 Carlton Ave

The One

The Morgan at Provost Square
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 | $4,134 | $1,200 | $10,000+ |
Manhattan 1 Bedroom Apartments | $4,466 | $800 | $10,000+ |
Manhattan 2 Bedroom Apartments | $5,793 | $1,400 | $10,000+ |
Manhattan 3 Bedroom Apartments | $6,244 | $1,050 | $10,000+ |
Manhattan 4 Bedroom Apartments | $4,750 | $1,025 | $10,000+ |
Manhattan 5 Bedroom Apartments | $3,625 | $1,230 | $10,000+ |
Manhattan 6 Bedroom Apartments | $2,460 | $1,300 | $9,450 |
Explore Manhattan
Manhattan, NY Local Guide
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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®
97 / 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 $4,931.
What is the largest New Manhattan Apartment for rent?
Today's New apartment with the most square footage in Manhattan is a 2,619 square feet unit starting from $4,730 at Waterline Square.
What is the average size for Manhattan New Apartments for rent?
The average size for a New rental in Manhattan is currently at 571 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.