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$1,200Studio Apartments Available Now
Bright & Modern Living Space in a Prime NYC Location, Unit 6E
14 St Marks PlNew York, NY 10003
Cheap Homes for Rent in the Downtown Neighborhood of New York, NY from $1,690 (32 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of New York.
Adorable ROOM at The Monroe House, Unit 5
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 2
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 3
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 1
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 3
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 2
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 5
355 Tompkins Ave
New YorkNY11221
Beyond the Bridges: Brooklyn, Queens, Jersey City, and the Other Smart Moves for NYC Renters
Looking for apartments outside Manhattan? See average rent, commute times, and neighborhood pros for Brooklyn, Queens, Staten Island, Jersey City, and Yonkers.
Modern ROOM at The Monroe House, Unit 1
355 Tompkins Ave
New YorkNY11221
Adorable ROOM at The Monroe House, Unit 4
355 Tompkins Ave
New YorkNY11221
Modern ROOM at The Monroe House, Unit 4
355 Tompkins Ave
New YorkNY11221
Room in Shared 3 bed/1 bath home in Chinatown, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit B
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit A
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit A
7 Eldridge St
New YorkNY10002
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Room in Shared 3 bed/1 bath home in East Village, Unit B
226 E 7th St
New YorkNY10009
Room in Shared 3 bed/1 bath home in Lower East Side, Unit A
243 East Broadway
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit C
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit A
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in East Village, Unit B
20 Avenue A
New YorkNY10009
Room in Shared 3 bed/1 bath home in Chinatown, Unit B
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit A
7 Eldridge St
New YorkNY10002
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.
Room in Shared 3 bed/1 bath home in East Village, Unit A
20 Avenue A Ave
New YorkNY10009
226 E 7th St
New YorkNY10009
Room in Shared 3 bed/1 bath home in East Village, Unit C
20 Avenue A
New YorkNY10009
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$2,395Studio Apartments Available Now
ESSEX STREET, Unit 4
45 Essex StNew York, NY 10002
Room in Shared 2 bed/1 bath home in East Village, Unit A
20 Avenue A Ave
New YorkNY10009
Room in Shared 3 bed/1 bath home in Chinatown, Unit B
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in Chinatown, Unit B
7 Eldridge St
New YorkNY10002
Room in Shared 3 bed/1 bath home in East Village, Unit B
113 1st Ave
New YorkNY10003
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
Showing Results 1-32, Page 1 of 1
Downtown, New York, NY Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $5,850 | $2,410 | $10,000+ |
| Downtown 3 Bedroom Homes for Rent | $5,663 | $1,980 | $10,000+ |
| Downtown 4 Bedroom Homes for Rent | $7,854 | $6,575 | $9,000 |
| Downtown 5 Bedroom Homes for Rent | $1,750 | $1,690 | $1,840 |
Browse Homes for Rent in this Neighborhood
There are currently 32 rentals with your search options within a 1 mile radius of the Downtown Neighborhood of New York, NY.
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Downtown, New York, NY Local Guide
- Nearby New York neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of New York, NY is a 3 Beds unit found at Alabama Flats LLC priced from $2,773. 25 Clinton Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,825. Here are the most affordable Downtown apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alabama Flats LLC | *Furnished Private Room in 3 Bed / 1 Bath Apart... | 3BR,1BA | $2,773 |
| 25 Clinton Street | 25 CLINTON STREET - STUDIO / 1 BATH | Studio,1BA | $2,825 |
| 543 East 5th Street | 543 EAST 5TH STREET - 2 BR / 1 BATH | 2BR,1BA | $3,100 |
| 21 West Street | MZS01 - Res 4H-18H, 19H-23H | Studio,1BA | $3,800 |
| Gateway Battery Park City | Studio | Studio,1BA | $3,903 |
| Freeman Residences | Studio | Studio,1BA | $4,200 |
| 70 Pine Apartments | S01 - 703|803|903|1003 | Studio,1BA | $4,250 |
Best Value Apartments for Rent in Downtown, NY
As of September 09, 2026 the best value apartment in the Downtown area is the $6.91 price per square foot 81 Warren St Model at 81 Warren St, Unit 4 in the in the Downtown neighborhood starting from $8,295. The second greatest value Downtown apartment is the B03 - 2608|2708 Model at 70 Pine Apartments starting at $9,459 with a $8.82 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 81 Warren St, Unit 4 | 81 Warren St | 3BR,2BA | $6.91 |
| 70 Pine Apartments | B03 - 2608|2708 | 2BR,2BA | $8.82 |
| StuyTown | 2BMYS | 3BR,1BA | $7.66 |
| Exhibit | 2 Bedroom / 2 Bathroom | 2BR,2BA | $6.52 |
| FOUND Study East Village | Single in 2 Bedroom | 2BR,1BA | $3.78 |
| Freeman Residences | One Bedroom | 1BR,1BA | $7.29 |
| 202 E 13th St | 2BR 2BA | 2BR,2BA | $8.23 |
| 135 John St | 135 John St | 2BR,2BA | $8.47 |
| Gateway Battery Park City | Studio | Studio ,1BA | $6.55 |
| 21 West Street | MZS01 - Res 4H-18H, 19H-23H | Studio ,1BA | $7.24 |
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.
Read Article
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.
Read ArticleNavigating 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.
Read ArticleA 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
Read ArticleReal 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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If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown, New York, NY
Ranked #2
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown, New York, NY
Pace High School
New York City Geographic District 2 Manhattan
Public School - Grades 9-12 (499)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 5145 Apartments for Rent in Downtown, NY with pricing that ranges from $1,200 to $28,230. There are also 780 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,690 to $27,600.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,690 to $27,600 with an average monthly rent of $5,246.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $3,250 to $28,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,980 to $27,600. Four Bedroom Single-Family rentals are also available starting from $6,575 and Four Bedroom Apartments start at $6,495.
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
Written by: Joshua Carlucci
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
Written by: Joshua Carlucci
New York has a funny way of making your commute part of your identity.
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.
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.
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.
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.
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.