
Cheap Homes for Rent in Downtown Manhattan Neighborhood of New York, NY from $2,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Manhattan area of New York.


Private bedroom in 5 bed/2 bath Home

Private bedroom in 5 bed/3 bath Home

115-25-115-84 84th Ave
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.

214-3 Hillside Ave.

15 Park Pl

90 Rector St
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.

376 Broadway
Downtown Manhattan, New York, NY Local Guide

How much does it cost to rent a home in Downtown Manhattan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Manhattan 2 Bedroom Homes for Rent | $8,493 | $2,300 | $10,000+ |
Downtown Manhattan 3 Bedroom Homes for Rent | $9,110 | $5,990 | $10,000+ |
Downtown Manhattan 4 Bedroom Homes for Rent | $24,500 | $10,000 | $10,000+ |
Downtown Manhattan 5 Bedroom Homes for Rent | $11,500 | $10,000 | $10,000+ |
Downtown Manhattan 6 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Manhattan Neighborhood of New York, NY.
Explore 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
 The cheapest available apartment rental in the Downtown Manhattan area of New York, NY is a Studio unit found at 8 Spruce priced from $4,232. 111 Worth has the second lowest priced unit, which is a 1 Bed apartment currently listed from $5,860. Here are the most affordable Downtown Manhattan apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
8 Spruce | Studio / 1 Bathroom | Studio,1BA | $4,232 |
111 Worth | 1H Renovation 2 | 1BR,1BA | $5,860 |
Tribeca Tower | 1 Bedroom / 1 Bathroom | 1BR,1BA | $6,695 |
Best Value Apartments for Rent in Downtown Manhattan, NY
As of May 29, 2025 the best value apartment in the Downtown Manhattan area is the $9.65 price per square foot 1H Renovation 2 Model at 111 Worth in the in the Downtown neighborhood starting from $5,860. The second greatest value Downtown Manhattan apartment is the 122 Nassau St Model at 122 Nassau St, Unit 1B starting at $3,450 with a $8.52 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown Manhattan apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
111 Worth | 1H Renovation 2 | 1BR,1BA | $9.65 |
122 Nassau St, Unit 1B | 122 Nassau St | Studio ,1BA | $8.52 |
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.
Frequently Asked Questions about Downtown Manhattan
What type of rentals are currently available in Downtown Manhattan?
There are currently 420 Apartments for Rent in Downtown Manhattan, NY with pricing that ranges from $1,175 to $29,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Manhattan ranging from $2,200 to $25,000.
What is the current price range for Rental Homes in Downtown Manhattan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Manhattan ranges from $2,200 to $25,000 with an average monthly rent of $9,910.
How much are larger Three and Four Bedroom Rentals in Downtown Manhattan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Manhattan range from $6,295 to $29,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,990 to $15,750. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $10,000.
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 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.

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.