Cheap Studio Apartments for Rent in the Downtown Neighborhood of New York, NY from $2,575 (36 Rentals)

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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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116-120 Mott St
Studio Apartments

116-120 Mott St

116-120 Mott StNew York, NY 10013
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166 Suffolk St
Studio 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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211 East 5th Street
Studio Apartments

211 East 5th Street

211 E 5th StNew York, NY 10003
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111 Mulberry St
Studio Apartments

111 Mulberry St

111 Mulberry StNew York, NY 10013
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208 Sullivan St
Studio Apartments

208 Sullivan St

208 Sullivan StNew York, NY 10012
  • Utilities Included

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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151 Orchard St
Studio Apartments

151 Orchard St

151 Orchard StNew York, NY 10002
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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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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 Apartments

37 Wall Street

37 Wall StNew York, NY 10005
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192 Sixth Avenue
Studio Apartments

192 Sixth Avenue

188-192 Avenue of the AmericasNew York, NY 10013
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Post Towers
Studio Apartments

Post Towers

71 West StNew York, NY 10006
  • Utilities Included

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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244 E. Houston
Studio Apartments

244 E. Houston

244 E Houston StNew York, NY 10002
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338 E 11th St
Studio Apartments

338 E 11th St

338-340 E 11th StNew York, NY 10003
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190 East 3rd
Studio Apartments

190 East 3rd

190 E 3rd StNew York, NY 10009
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225 E Tenth St
Studio Apartments

225 E Tenth St

225 E Tenth StNew York, NY 10003
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67 Thompson Street
Studio Apartments

67 Thompson Street

67 Thompson StNew York, NY 10012
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320 East 9th Street
Studio Apartments

320 East 9th Street

320 E 9th StNew York, NY 10003
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31 east 1st
Studio Apartments

31 east 1st

31 E 1st 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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120 E 4th St
Studio Apartments

120 E 4th St

120-122 E 4th StNew York, NY 10003
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12 5th Avenue
Studio Apartments

12 5th Avenue

12 Fifth AveNew York, NY 10011
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18 Cornelia Street
Studio Apartments

18 Cornelia Street

18-20 Cornelia StNew York, NY 10014
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103 Avenue A
Studio Apartments

103 Avenue A

103 Avenue ANew York, NY 10009
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207 East 14th Street
Studio Apartments

207 East 14th Street

207-209 E 14th StNew York, NY 10003
Student Housing
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122 orchard
Studio Apartments

122 orchard

122-124 Orchard StNew York, NY 10002
  • Utilities Included

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.

Downtown, New York, NY Local Guide

The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers

From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the New York City area for affordable living. Find your perfect NYC Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown, New York, NY

Ranked #2

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 112 East 7th Street which is listed at $2,750, 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 8 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 $389 which is $12,111 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

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.

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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.

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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

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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.