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Studio Apartments
14 St Marks Pl
14 St Marks PlNew York, NY 10003
Cheap Apartments for Rent in the Downtown Neighborhood of New York, NY from $1,200 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of New York.
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Studio to 2 Bedroom Apartments
116 John St
1 Platt StNew York, NY 10038
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1 to 2 Bedroom Apartments
111 Mott St
111 Mott StNew York, NY 10013
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Studio to 3 Bedroom Apartments
Lower East side Studio Steal
164 Mott StNew York, NY 10013
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Studio to 2 Bedroom Apartments
116-120 Mott St
116-120 Mott StNew York, NY 10013
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Studio to 1 Bedroom Apartments
166 Suffolk St
166 Suffolk StNew York, NY 10002
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Studio Apartments
314 E 6th St
314 E 6th StNew York, NY 10003
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1 Bedroom Apartments
Fulton Plaza Apartments
106 Fulton StNew York, NY 10038
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Studio to 3 Bedroom Apartments
Post Towers
71 West StNew York, NY 10006
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1 Bedroom Apartments
136 Orchard St
136 Orchard StNew York, NY 10002
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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Studio to 1 Bedroom Apartments
111 Mulberry St
111 Mulberry StNew York, NY 10013
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Studio to 1 Bedroom Apartments
211 East 5th Street
211 E 5th StNew York, NY 10003
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Studio to 1 Bedroom Apartments
28 Allen St
28 Allen StNew York, NY 10002
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Studio to 1 Bedroom Apartments
528 E 13th St
528 E 13th StNew York, NY 10009
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1 Bedroom Apartments
122 MacDougal St
122 MacDougal StNew York, NY 10012
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Studio to 2 Bedroom Apartments
208 Sullivan St
208 Sullivan StNew York, NY 10012
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1 Bedroom Apartments
67 Mott St
67 Mott StNew York, NY 10013
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Studio Apartments
128 Saint Mark's Place
128 St Marks PlNew York, NY 10009
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1 to 3 Bedroom Apartments
19 Orchard St
19 Orchard StNew York, NY 10002
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Studio to 2 Bedroom Apartments
94 East 4th Street- 2 Months Free!
94 E 4th StNew York, NY 10003
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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Studio to 1 Bedroom Apartments
Grand Elizabeth Manor
227 Grand StNew York, NY 10013
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1 to 4 Bedroom Apartments
522-524 E 11th St
522-524 E 11th StNew York, NY 10009
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Studio Apartments
326 E 6th St
326 E 6th StNew York, NY 10003
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1 to 3 Bedroom Apartments
61 East 3rd Street
59-61 E 3rd StNew York, NY 10003
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Studio Apartments
151 Orchard St
151 Orchard StNew York, NY 10002
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Studio to 1 Bedroom Apartments
126 E Broadway
126 E BroadwayNew York, NY 10002
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1 Bedroom Apartments
67 Pitt St
67 Pitt StNew York, NY 10002
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1 Bedroom Apartments
104 Suffolk Street
104 Suffolk StNew York, NY 10002
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Studio Apartments
324 E 6th St
324 E 6th StNew York, NY 10003
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Studio to 3 Bedroom Apartments
192 Sixth Avenue
188-192 Avenue of the AmericasNew York, NY 10013
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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Studio to 3 Bedroom Apartments
88 Fulton St
88 Fulton StNew York, NY 10038
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Studio Apartments
154 Orchard Street
154 Orchard StNew York, NY 10002
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Studio to 2 Bedroom Apartments
192 East 3rd Street
192 E Third StNew York, NY 10009
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Studio to 2 Bedroom Apartments
191 Henry
191 Henry StNew York, NY 10002
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Studio to 3 Bedroom Apartments
244 E. Houston
244 E Houston StNew York, NY 10002
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Studio to 2 Bedroom Apartments
28 Orchard St
28 Orchard StNew York, NY 10002
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Studio to 2 Bedroom Apartments
325 East 10th Street
325 E Tenth StNew York, NY 10009
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1 to 2 Bedroom Apartments
170 Rivington St
170 Rivington StNew York, NY 10002
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1 Bedroom Apartments
445 East 9th Street
445 E 9th StNew York, NY 10009
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Studio to 1 Bedroom Apartments
338 E 11th St
338-340 E 11th StNew York, NY 10003
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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1 Bedroom Apartments
100 Saint Marks Pl
100 Saint Marks PlNew York, NY 10009
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1 to 2 Bedroom Apartments
78-80 Mulberry St
78-80 Mulberry StNew York, NY 10013
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Studio Apartments
190 East 3rd
190 E 3rd StNew York, NY 10009
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Studio to 3 Bedroom Apartments
320 East 9th Street
320 E 9th StNew York, NY 10003
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Studio to 1 Bedroom Apartments
67 Thompson Street
67 Thompson StNew York, NY 10012
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Studio to 1 Bedroom Apartments
331 East 5th Street
331 E 5th StNew York, NY 10003
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Studio to 2 Bedroom Apartments
99 Orchard St
99 Orchard StNew York, NY 10002
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Studio to 6 Bedroom Apartments
522 East 5th Street
522 E Fifth StNew York, NY 10009
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Studio to 1 Bedroom Apartments
225 E Tenth St
225 E Tenth StNew York, NY 10003
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1 to 2 Bedroom Apartments
87 1st Ave
87 1st AveNew York, NY 10003
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.
Downtown, New York, NY Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $4,710 | $2,575 | $9,660 |
| Downtown 1 Bedroom Apartments | $5,649 | $2,393 | $10,000+ |
| Downtown 2 Bedroom Apartments | $6,898 | $2,700 | $10,000+ |
| Downtown 3 Bedroom Apartments | $8,104 | $3,850 | $10,000+ |
| Downtown 4 Bedroom Apartments | $8,978 | $6,495 | $10,000+ |
| Downtown 5 Bedroom Apartments | $12,646 | $8,495 | $10,000+ |
| Downtown 6 Bedroom Apartments | $9,450 | $9,450 | $9,450 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 1 mile radius of the Downtown Neighborhood of New York, NY.
See all Apartments in New YorkExplore New York
Downtown, New York, NY Local Guide
- Nearby New York neighborhoods
- Nearby Cities
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of New York, NY is a Studio unit found at 203 Chrystie Street priced from $2,599. 620 East 11th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,885. Here are the most affordable Downtown apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 203 Chrystie Street | Studio / 1 Bathroom | Studio,1BA | $2,599 |
| 620 East 11th Street | 620 EAST 11TH STREET - 2 BR / 1 BATH | 2BR,1BA | $2,885 |
| 32 East 7th Street | 32 EAST 7TH STREET - 2 BR / 1 BATH / GARDEN | 2BR,1BA | $3,275 |
| 234-236 Thompson Street | 1 Bedroom / 1 Bathroom | 1BR,1BA | $3,350 |
| Gateway Battery Park City | Studio | Studio,1BA | $3,554 |
| 21 West Street | MZS01 - Res 4H-18H, 19H-23H | Studio,1BA | $3,640 |
Best Value Apartments for Rent in Downtown, NY
As of March 07, 2026 the best value apartment in the Downtown area is the $5.34 price per square foot $3.92/sq.ft. - 22M Model at 37 Wall Street in the in the Downtown neighborhood starting from $7,300. The second greatest value Downtown apartment is the 2 Bedroom/2 Bath Model at Gateway Battery Park City starting at $7,176 with a $6.55 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 37 Wall Street | $3.92/sq.ft. - 22M | 2BR,2BA | $5.34 |
| Gateway Battery Park City | 2 Bedroom/2 Bath | 2BR,2BA | $6.55 |
| Exhibit | 2 Bedroom / 2 Bathroom | 2BR,2BA | $6.52 |
| 32 East 7th Street | 32 EAST 7TH STREET - 2 BR / 1 BATH / GARDEN | 2BR,1BA | $3.64 |
| StuyTown | 2BCJS | 2BR,1BA | $7.09 |
| 21 West Street | MZA03 - Res 3B, 5B-23B | 1BR,1BA | $7.03 |
| 219 E 11th St | 219 E 11th St | 2BR,1BA | $7.62 |
| 251 Water St | 251 Water St | 2BR,1BA | $7.67 |
| 66 E 1st St | 66 E 1st St | Studio ,1BA | $6.40 |
| 138 John St | 138 John St | Studio ,1BA | $7.60 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
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 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.
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If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown, New York, NY
Ranked #2
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown, New York, NY
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at 203 Chrystie Street listed at $2,599.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $3,350 at 234-236 Thompson Street.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $2,885 at 620 East 11th Street.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at StuyTown and starts from $6,235.
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
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.