
Cheap Apartments for Rent in the Downtown Manhattan Neighborhood of New York, NY from $1,900 (248 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Manhattan area of New York.


80 Nassau St

46 Warren St

Tribeca Court

The Pearl on the Park

The Juilliard Building

123-129 Baxter St

Park Place Tower

Broadway-Franklin Building

378 Broadway
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.

91 Leonard

132-142 Franklin St

56 Leonard St

District

Fulton-Chambers Building

138 Fulton St

100 Franklin

10 Leonard St

241 Church St

52 Thomas St
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.

97-101 Reade St

Franklin Tower

13-19 White St

53 Leonard St

55 White St

58 White St

17 Murray St

71 Franklin St

11-15 Leonard St

FIFTY Franklin
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.

112 Hudson St

The Borden House Condominium

19 Murray St

28 N Moore St

17 Warren St

11 Warren St

109 Reade St

Lispenard Condo

56 Thomas St

12 Warren St
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.

22 Warren St

50 White St

Warren Lofts

86 Nassau Street

2 Beekman Cooperative

The Edgar House

D-J Real Estate LLc

405 Broadway

140 Nassau St

61 Walker St
Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters
Looking for apartments outside Manhattan? See average rent, commute times, and neighborhood pros for Brooklyn, Queens, Staten Island, Jersey City, and Yonkers.
Downtown Manhattan, New York, NY Local Guide

How much does it cost to rent an apartment in Downtown Manhattan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Manhattan Studio Apartments | $5,859 | $4,427 | $6,860 |
| Downtown Manhattan 1 Bedroom Apartments | $5,024 | $2,800 | $7,560 |
| Downtown Manhattan 2 Bedroom Apartments | $7,023 | $3,250 | $10,000+ |
| Downtown Manhattan 3 Bedroom Apartments | $8,082 | $7,595 | $8,850 |
Browse Apartments in this Neighborhood
There are currently 248 rentals with your search options within a 2 mile radius of the Downtown Manhattan Neighborhood of New York, NY.
See all Apartments in New YorkExplore New York
Downtown Manhattan, New York, NY Local Guide
- Nearby New York neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Manhattan Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 111 Worth | 1E Renovation 2 | 1BR,1BA | $6,339 |
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.
Read ArticleDon'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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Manhattan, New York, NY
Ranked #60
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown Manhattan, New York, NY
Spruce Street School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Manhattan Apartments
How much is rent for a Cheap One Bedroom Downtown Manhattan Apartment?
The lowest price for a Cheap One Bedroom Downtown Manhattan Apartment is $6,339 at 111 Worth.
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

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.

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.

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.

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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.