Cheap Apartments for Rent in the Downtown Neighborhood of New York, NY from $1,200 (114 Rentals) Page 2 of 3

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Search the lowest-cost Apartments available for rent right now in the Downtown area of New York.

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Grand Elizabeth Manor
Studio to 1 Bedroom Apartments

Grand Elizabeth Manor

227 Grand StNew York, NY 10013
  • Utilities Included
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522-524 E 11th St
1 to 4 Bedroom Apartments

522-524 E 11th St

522-524 E 11th StNew York, NY 10009
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326 E 6th St
Studio Apartments

326 E 6th St

326 E 6th StNew York, NY 10003
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126 E Broadway
Studio to 1 Bedroom Apartments

126 E Broadway

126 E BroadwayNew York, NY 10002
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67 Pitt St
1 Bedroom Apartments

67 Pitt St

67 Pitt StNew York, NY 10002
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104 Suffolk Street
1 Bedroom Apartments

104 Suffolk Street

104 Suffolk StNew York, NY 10002
Student Housing
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151 Orchard St
Studio Apartments

151 Orchard St

151 Orchard StNew York, NY 10002
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324 E 6th St
Studio Apartments

324 E 6th St

324 E 6th StNew York, NY 10003
  • Utilities Included

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.

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192 Sixth Avenue
Studio to 3 Bedroom Apartments

192 Sixth Avenue

188-192 Avenue of the AmericasNew York, NY 10013
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88 Fulton St
Studio to 3 Bedroom Apartments

88 Fulton St

88 Fulton StNew York, NY 10038
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191 Henry
Studio to 2 Bedroom Apartments

191 Henry

191 Henry StNew York, NY 10002
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244 E. Houston
Studio to 3 Bedroom Apartments

244 E. Houston

244 E Houston StNew York, NY 10002
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28 Orchard St
Studio to 2 Bedroom Apartments

28 Orchard St

28 Orchard StNew York, NY 10002
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100 Saint Marks Pl
1 Bedroom Apartments

100 Saint Marks Pl

100 Saint Marks PlNew York, NY 10009
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338 E 11th St
Studio to 1 Bedroom Apartments

338 E 11th St

338-340 E 11th StNew York, NY 10003
  • Utilities Included

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.

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170 Rivington St
1 to 2 Bedroom Apartments

170 Rivington St

170 Rivington StNew York, NY 10002
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78-80 Mulberry St
1 to 2 Bedroom Apartments

78-80 Mulberry St

78-80 Mulberry StNew York, NY 10013
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190 East 3rd
Studio Apartments

190 East 3rd

190 E 3rd StNew York, NY 10009
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99 Orchard St
Studio to 2 Bedroom Apartments

99 Orchard St

99 Orchard StNew York, NY 10002
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67 Thompson Street
Studio to 1 Bedroom Apartments

67 Thompson Street

67 Thompson StNew York, NY 10012
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225 E Tenth St
Studio to 1 Bedroom Apartments

225 E Tenth St

225 E Tenth StNew York, NY 10003
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72 Forsyth St
1 to 2 Bedroom Apartments

72 Forsyth St

72 Forsyth 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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320 East 9th Street
Studio to 3 Bedroom Apartments

320 East 9th Street

320 E 9th StNew York, NY 10003
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87 1st Ave
1 to 2 Bedroom Apartments

87 1st Ave

87 1st AveNew York, NY 10003
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177 Ludlow St
Studio to 3 Bedroom Apartments

177 Ludlow St

177 Ludlow StNew York, NY 10002
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105 Macdougal St
1 Bedroom Apartments

105 Macdougal St

105 Macdougal StNew York, NY 10012
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207 E 5th St
1 to 2 Bedroom Apartments

207 E 5th St

207 E 5th StNew York, NY 10003
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55  Spring Street
1 to 2 Bedroom Apartments

55 Spring Street

55 Spring StNew York, NY 10012
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31 east 1st
Studio to 2 Bedroom Apartments

31 east 1st

31 E 1st StNew York, NY 10003
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AJ Clarke
Studio to 1 Bedroom Apartments

AJ Clarke

107 Thompson StNew York, NY 10012
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120 E 4th St
Studio to 3 Bedroom Apartments

120 E 4th St

120-122 E 4th StNew York, NY 10003
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224 Sullivan Street
Studio Apartments

224 Sullivan Street

224 Sullivan StNew York, NY 10012
  • Utilities Included

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.

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102 Norfolk St
1 to 3 Bedroom Apartments

102 Norfolk St

102 Norfolk StNew York, NY 10002
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12 5th Avenue
Studio to 2 Bedroom Apartments

12 5th Avenue

12 Fifth AveNew York, NY 10011
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128 McDougal St
Studio to 2 Bedroom Apartments

128 McDougal St

128 MacDougal StNew York, NY 10012
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103 Avenue A
Studio to 3 Bedroom Apartments

103 Avenue A

103 Avenue ANew York, NY 10009
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18 Cornelia Street
Studio to 2 Bedroom Apartments

18 Cornelia Street

18-20 Cornelia StNew York, NY 10014
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41 Henry St
2 Bedroom Apartments

41 Henry St

41 Henry StNew York, NY 10002

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.

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 $2,825.

How much is rent for a Cheap One Bedroom Downtown Apartment?

The lowest price for a Cheap One Bedroom Downtown Apartment is $4,495 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 $3,100 at 543 East 5th Street.

What is the most affordable Downtown Three Bedroom Apartment?

The best deal on a cheap Downtown Three Bedroom Apartment rental is at Alabama Flats LLC and starts from $2,773.

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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Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters

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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.

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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.

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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.

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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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.