Cheap Apartments for Rent in the Downtown Neighborhood of New York, NY from $1,200 (136 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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14 St Marks Pl
Studio Apartments

14 St Marks Pl

14 St Marks PlNew York, NY 10003
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116 John St
Studio to 2 Bedroom Apartments

116 John St

1 Platt StNew York, NY 10038
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111 Mott St
1 to 2 Bedroom Apartments

111 Mott St

111 Mott StNew 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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116-120 Mott St
Studio to 2 Bedroom Apartments

116-120 Mott St

116-120 Mott StNew York, NY 10013
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166 Suffolk St
Studio to 1 Bedroom Apartments

166 Suffolk St

166 Suffolk StNew York, NY 10002
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314 E 6th St
Studio Apartments

314 E 6th St

314 E 6th StNew York, NY 10003
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Post Towers
Studio to 3 Bedroom Apartments

Post Towers

71 West StNew York, NY 10006
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136 Orchard St
1 Bedroom Apartments

136 Orchard St

136 Orchard StNew York, NY 10002
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111 Mulberry St
Studio to 1 Bedroom Apartments

111 Mulberry St

111 Mulberry StNew York, NY 10013
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211 East 5th Street
Studio to 1 Bedroom Apartments

211 East 5th Street

211 E 5th StNew York, NY 10003
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528 E 13th St
Studio to 1 Bedroom Apartments

528 E 13th St

528 E 13th StNew York, NY 10009
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122 MacDougal St
1 Bedroom Apartments

122 MacDougal St

122 MacDougal StNew York, NY 10012
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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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208 Sullivan St
Studio to 2 Bedroom Apartments

208 Sullivan St

208 Sullivan StNew York, NY 10012
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19 Orchard St
1 to 3 Bedroom Apartments

19 Orchard St

19 Orchard StNew York, NY 10002
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Grand Elizabeth Manor
Studio to 1 Bedroom Apartments

Grand Elizabeth Manor

227 Grand StNew York, NY 10013
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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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151 Orchard St
Studio Apartments

151 Orchard St

151 Orchard StNew York, NY 10002
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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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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.

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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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324 E 6th St
Studio Apartments

324 E 6th St

324 E 6th StNew York, NY 10003
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37 Wall Street
Studio to 2 Bedroom Apartments

37 Wall Street

37 Wall StNew York, NY 10005
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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

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

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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
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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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28 Orchard St
Studio to 2 Bedroom Apartments

28 Orchard St

28 Orchard 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
  • Utilities Included

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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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.

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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.

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Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.