Cheap Apartments for Rent in the Bowery Neighborhood of New York, NY from $1,600 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bowery area of New York.

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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314 E 6th St
Studio Apartments

314 E 6th St

314 E 6th StNew York, NY 10003
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136 Orchard St
1 Bedroom Apartments

136 Orchard St

136 Orchard StNew York, NY 10002
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211 East 5th Street
Studio to 1 Bedroom Apartments

211 East 5th Street

211 E 5th StNew York, NY 10003
  • Utilities Included

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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28 Allen St
Studio to 1 Bedroom Apartments

28 Allen St

28 Allen StNew York, NY 10002
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19 Orchard St
1 to 3 Bedroom Apartments

19 Orchard St

19 Orchard StNew York, NY 10002
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Grand Elizabeth Manor
Studio to 1 Bedroom Apartments

Grand Elizabeth Manor

227 Grand StNew York, NY 10013
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126 E Broadway
Studio to 1 Bedroom Apartments

126 E Broadway

126 E BroadwayNew York, NY 10002
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151 Orchard St
Studio Apartments

151 Orchard St

151 Orchard StNew York, NY 10002
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326 E 6th St
Studio Apartments

326 E 6th St

326 E 6th StNew York, NY 10003
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324 E 6th St
Studio Apartments

324 E 6th St

324 E 6th StNew York, NY 10003
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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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191 Henry
Studio to 2 Bedroom Apartments

191 Henry

191 Henry StNew York, NY 10002
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28 Orchard St
Studio to 2 Bedroom Apartments

28 Orchard St

28 Orchard StNew York, NY 10002
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99 Orchard St
Studio to 2 Bedroom Apartments

99 Orchard St

99 Orchard StNew York, NY 10002
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72 Forsyth St
1 to 2 Bedroom Apartments

72 Forsyth St

72 Forsyth StNew York, NY 10002
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87 1st Ave
1 to 2 Bedroom Apartments

87 1st Ave

87 1st AveNew York, NY 10003
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177 Ludlow St
Studio to 3 Bedroom Apartments

177 Ludlow St

177 Ludlow StNew York, NY 10002
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207 E 5th St
1 to 2 Bedroom Apartments

207 E 5th St

207 E 5th StNew York, NY 10003
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31 east 1st
Studio to 2 Bedroom Apartments

31 east 1st

31 E 1st StNew York, NY 10003
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120 E 4th St
Studio to 3 Bedroom Apartments

120 E 4th St

120-122 E 4th StNew York, NY 10003

The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps

Moving to NYC? Go beyond the landmarks. Our local expert shares an insider's guide to New York City's neighborhoods, finding your rhythm, and making the city feel like home.

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102 Norfolk St
1 to 3 Bedroom Apartments

102 Norfolk St

102 Norfolk StNew York, NY 10002
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41 Henry St
2 Bedroom Apartments

41 Henry St

41 Henry StNew York, NY 10002
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178 Clinton Street
Studio to 2 Bedroom Apartments

178 Clinton Street

357-411 Grand StNew York, NY 10002
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175 Ludlow Street
Studio to 3 Bedroom Apartments

175 Ludlow Street

175 Ludlow StNew York, NY 10002
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122 orchard
Studio to 2 Bedroom Apartments

122 orchard

122-124 Orchard StNew York, NY 10002
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132-134 Ludlow St
1 to 3 Bedroom Apartments

132-134 Ludlow St

132-134 Ludlow StNew York, NY 10002
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66 Second Avenue
Studio to 1 Bedroom Apartments

66 Second Avenue

66 Second AveNew York, NY 10003
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279 MOTT ST
Studio to 1 Bedroom Apartments

279 MOTT ST

279 Mott StNew York, NY 10012
  • Utilities Included

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.

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Bowery, New York, NY Local Guide

Cheapest Available Bowery Apartments for Rent

 

The cheapest available apartment rental in the Bowery area of New York, NY is a Studio unit found at Avalon Bowery Place priced from $5,090. 68 E First St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $5,250. Here are the most affordable Bowery apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Avalon Bowery PlaceS1-706Studio,1BA$5,090
68 E First St2BR/1BA2BR,1BA$5,250
Freeman ResidencesStudioStudio,1BA$5,500

Best Value Apartments for Rent in Bowery, NY

As of April 30, 2026 the best value apartment in the Bowery area is the $5.25 price per square foot 2BR/1BA Model at 68 E First St in the in the Gramercy-Flatiron neighborhood starting from $5,250. The second greatest value Bowery apartment is the One Bedroom Model at Freeman Residences starting at $8,500 with a $10.00 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Bowery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
68 E First St2BR/1BA2BR,1BA$5.25
Freeman ResidencesOne Bedroom1BR,2BA$10.00
7 Bleecker St, Unit 2B7 Bleecker St1BR,1BA$6.69
349 Grand St349 Grand St1BR,1BA$9.17
64 E 3rd St64 E 3rd St3BR,1.5BA$12.36
66 E 1st St66 E 1st StStudio ,1BA$6.40
Avalon Bowery PlaceS1-706Studio ,1BA$12.12

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers

From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the New York City area for affordable living. Find your perfect NYC Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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.

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Pet Friendly Lifestyle
Bowery, New York, NY

Ranked #29

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Bowery, New York, NY

School data provided by Great Schools

Frequently Asked Questions about Cheap Bowery Apartments

What is the Cheapest Studio apartment in Bowery?

Currently the most affordable Cheap Studio Apartment in Bowery is at Avalon Bowery Place listed at $5,090.

How much is rent for a Cheap One Bedroom Bowery Apartment?

The lowest price for a Cheap One Bedroom Bowery Apartment is $8,500 at Freeman Residences.

What is the lowest price for a Cheap Two Bedroom Bowery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bowery is starting from $5,250 at 68 E First St.

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.

Helpful Local Expert Guides

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

Written by: Joshua Carlucci

New York City is more than just a destination—it’s a way of life, especially for students eager to dive into a melting pot of cultures, endless activities, and academic prestige.

decorative image for The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers article

The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers

Written by: Joshua Carlucci

New York has a funny way of making your commute part of your identity.

decorative image for The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps article

The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps

Written by: Joshua Carlucci

Every block of New York City feels like a stage set for daily life.

Articles, How-To's, and Tips

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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.