
Cheap Apartments for Rent in the Downtown Neighborhood of New York, NY from $1,200 (152 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown area of New York.


Room in Shared 2 bed/1 bath home, Unit B

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

163 Mulberry St, Unit 9

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

14 St Marks Pl

116 John St

111 Mott St

Lower East side Studio Steal

116-120 Mott 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.

166 Suffolk St

314 E 6th St

Fulton Plaza Apartments

Post Towers

136 Orchard St

111 Mulberry St

211 East 5th Street

28 Allen St

208 Sullivan St

528 E 13th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

122 MacDougal St

67 Mott 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

151 Orchard St

126 E Broadway
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

67 Pitt St

326 E 6th St

104 Suffolk Street

324 E 6th St

154 Orchard Street

192 Sixth Avenue

88 Fulton St

192 East 3rd Street

191 Henry

244 E. Houston

325 East 10th Street

338 E 11th St

28 Orchard St

100 Saint Marks Pl

445 East 9th Street

170 Rivington 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 | $4,784 | $2,575 | $10,000+ |
| Downtown 1 Bedroom Apartments | $5,971 | $2,750 | $10,000+ |
| Downtown 2 Bedroom Apartments | $7,181 | $3,250 | $10,000+ |
| Downtown 3 Bedroom Apartments | $8,181 | $3,850 | $10,000+ |
| Downtown 4 Bedroom Apartments | $9,501 | $3,995 | $10,000+ |
| Downtown 5 Bedroom Apartments | $13,595 | $10,000 | $10,000+ |
| Downtown 6 Bedroom Apartments | $14,725 | $9,450 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 152 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 the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at 25 Clinton Street listed at $2,795.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $4,532 at 21 West 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 $3,250 at 32 East 7th 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 $7,147.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.