
Cheap Apartments for Rent in the Downtown Neighborhood of New York, NY from $1,100 (150 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown area of New York.


211 East 5th Street

528 E 13th St

122 MacDougal St

208 Sullivan St

67 Mott St

128 Saint Mark's Place

19 Orchard St

94 East 4th Street- 2 Months Free!

Grand Elizabeth Manor
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

522-524 E 11th St

326 E 6th St

61 East 3rd Street

126 E Broadway

151 Orchard St

104 Suffolk Street

67 Pitt St

324 E 6th St

192 Sixth Avenue

88 Fulton St
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.

154 Orchard Street

192 East 3rd Street

37 Wall Street

191 Henry

244 E. Houston

325 East 10th Street

100 Saint Marks Pl

28 Orchard St

445 East 9th Street

170 Rivington St
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.

338 E 11th St

78-80 Mulberry St

190 East 3rd

331 East 5th Street

99 Orchard St

67 Thompson Street

225 E Tenth St

522 East 5th Street

320 East 9th Street

72 Forsyth St
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.

87 1st Ave

177 Ludlow St

207 E 5th St

105 Macdougal St

55 Spring Street

31 east 1st

AJ Clarke

120 E 4th St

102 Norfolk St

12 5th Avenue
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.
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 | $4,888 | $1,195 | $8,500 |
| Downtown 1 Bedroom Apartments | $5,990 | $2,475 | $10,000+ |
| Downtown 2 Bedroom Apartments | $7,646 | $3,250 | $10,000+ |
| Downtown 3 Bedroom Apartments | $8,333 | $3,000 | $10,000+ |
| Downtown 4 Bedroom Apartments | $10,622 | $6,495 | $10,000+ |
| Downtown 5 Bedroom Apartments | $15,283 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 150 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 Gateway Battery Park City listed at $4,044.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $4,295 at 202 E 13th St.
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 $3,480 at 55-61 Delancey Street.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at 188 Second Ave and starts from $7,400.
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

Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.com Local Expert for New York City, and I live in the Lower East Side of Manhattan. I love it here.

The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
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Every block of New York City feels like a stage set for daily life.

The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers
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New York has a funny way of making your commute part of your identity.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.