
Cheap Apartments for Rent in the Downtown Neighborhood of New York, NY from $1,200 (136 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown area of New York.


Room in Shared 5 bed/2 bath home, Unit D

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/2 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 5 bed/2 bath home, Unit A

14 St Marks Pl

116 John St

111 Mott St

Lower East side Studio Steal
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116-120 Mott St

166 Suffolk St

314 E 6th St

Fulton Plaza Apartments

Post Towers

136 Orchard St

111 Mulberry St

211 East 5th Street

528 E 13th St

122 MacDougal St
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208 Sullivan St

128 Saint Mark's Place

19 Orchard St

94 East 4th Street- 2 Months Free!

Grand Elizabeth Manor

522-524 E 11th St

61 East 3rd Street

326 E 6th St

151 Orchard St

126 E Broadway
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67 Pitt St

104 Suffolk Street

324 E 6th St

37 Wall Street

192 East 3rd Street

192 Sixth Avenue

88 Fulton St

154 Orchard Street

191 Henry

244 E. Houston
New York's Best Affordable Neighborhoods
Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci

325 East 10th Street

100 Saint Marks Pl

338 E 11th St

170 Rivington St

445 East 9th Street

28 Orchard St

78-80 Mulberry St

190 East 3rd

331 East 5th Street

99 Orchard St
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 | $4,920 | $2,575 | $8,500 |
| Downtown 1 Bedroom Apartments | $6,012 | $2,613 | $10,000+ |
| Downtown 2 Bedroom Apartments | $7,657 | $3,250 | $10,000+ |
| Downtown 3 Bedroom Apartments | $8,524 | $3,850 | $10,000+ |
| Downtown 4 Bedroom Apartments | $9,701 | $6,495 | $10,000+ |
| Downtown 5 Bedroom Apartments | $14,450 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 136 rentals with your search options within a 1 mile radius of the Downtown Neighborhood of New York, NY.
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Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $4,300.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is 235 Sullivan St which is listed at $4,300, while the average apartment in Downtown costs $12,500.
What types of apartments are the cheapest in Downtown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown?
Cheap apartments in Downtown have an average cost of $387 which is $12,113 cheaper than the average rent for all rentals in Downtown.
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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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
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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.

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