
Cheap Homes for Rent in the Downtown Manhattan Neighborhood of New York, NY from $1,400 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Manhattan area of New York.


Modern ROOM at The Monroe House, Unit 2

Adorable ROOM at The Monroe House, Unit 5

Adorable ROOM at The Monroe House, Unit 1

Adorable ROOM at The Monroe House, Unit 3
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.

Adorable ROOM at The Monroe House, Unit 2

Modern ROOM at The Monroe House, Unit 5

Modern ROOM at The Monroe House, Unit 1

Modern ROOM at The Monroe House, Unit 4

Adorable ROOM at The Monroe House, Unit 4
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.

29 James St, Unit 3R

102 Fulton St, Unit 7-D

102 Fulton St, Unit 11D

90 Rector St, Unit 3Q

90 Gold St, Unit 706
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.

376 Broadway, Unit 17M

102 Fulton St, Unit 6G
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 | $6,479 | $3,400 | $10,000+ |
| Downtown Manhattan 3 Bedroom Homes for Rent | $8,290 | $4,200 | $10,000+ |
| Downtown Manhattan 4 Bedroom Homes for Rent | $6,112 | $5,650 | $6,575 |
| Downtown Manhattan 5 Bedroom Homes for Rent | $1,510 | $1,450 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 111 Worth | 1G Renovation 2 | 1BR,1BA | $5,916 |
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 Downtown Manhattan
What type of rentals are currently available in Downtown Manhattan?
There are currently 408 Apartments for Rent in Downtown Manhattan, NY with pricing that ranges from $3,175 to $14,016. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Manhattan ranging from $1,450 to $21,200.
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 $1,450 to $21,200 with an average monthly rent of $5,291.
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 $7,595 to $8,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,200 to $17,500. Four Bedroom Single-Family rentals are also available starting from $5,650 and Four Bedroom Apartments start at $8,295.
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 Expert's 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 Insider's 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.