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Studio to 2 Bedroom Apartments
29 Howard Street
29 Howard StNew York, NY 10013
Cheap Apartments for Rent in the Lower Manhattan Neighborhood of New York, NY from $1,542 (564 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Manhattan area of New York.
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1 to 3 Bedroom Apartments
250 Bowery
250 BoweryNew York, NY 10012
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Studio Apartments
42 Allen St
42 Allen StNew York, NY 10002
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Studio to 1 Bedroom Apartments
Ice House Condominiums
354 Broome StNew York, NY 10013
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2 Bedroom Apartments
182 Mulberry St
182 Mulberry StNew York, NY 10012
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Studio Apartments
463-465 Broadway
463-465 BroadwayNew York, NY 10013
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2 to 3 Bedroom Apartments
199 Mott St
199 Mott StNew York, NY 10012
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Studio Apartments
514-516 Broadway
514-516 BroadwayNew York, NY 10012
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1 to 3 Bedroom Apartments
133 Mulberry St
133 Mulberry StNew York, NY 10013
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Studio Apartments
109-111 Prince St
109-111 Prince StNew York, NY 10012
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.
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2 Bedroom Apartments
123-129 Baxter St
123-129 Baxter StNew York, NY 10013
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Studio Apartments
36-44 Delancey St
36-44 Delancey StNew York, NY 10002
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Studio Apartments
108-114 Wooster St
108-114 Wooster StNew York, NY 10012
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Studio Apartments
42 Crosby St
42 Crosby StNew York, NY 10012
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1 Bedroom Apartments
215 Chrystie St
215 Chrystie StNew York, NY 10002
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Studio Apartments
One Kenmare Square
210 Lafayette StNew York, NY 10012
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2 Bedroom Apartments
200 Bowery Street
198-200 BoweryNew York, NY 10012
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1 to 2 Bedroom Apartments
446 Broome St
451 Broome StNew York, NY 10013
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Studio Apartments
139 Spring St
139 Spring StNew York, NY 10012
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Studio Apartments
Mercer Greene Condominium
109 Mercer StNew York, NY 10012
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.
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Studio Apartments
114-116 Greene St
114-116 Greene StNew York, NY 10012
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Studio Apartments
102-104 Wooster St
102-104 Wooster StNew York, NY 10012
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Studio to 1 Bedroom Apartments
Soho Centre Condominium
221-225 Centre StNew York, NY 10013
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1 Bedroom Apartments
57-63 Greene St
57-63 Greene StNew York, NY 10012
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Studio Apartments
118 Greene St
118 Greene StNew York, NY 10012
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1 Bedroom Apartments
443 Broadway
443 BroadwayNew York, NY 10013
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Studio Apartments
259 Elizabeth St
259 Elizabeth StNew York, NY 10012
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2 to 3 Bedroom Apartments
Cooperative
106-112 Spring StNew York, NY 10012
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Studio Apartments
255 Bowery
255 BoweryNew York, NY 10002
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1 Bedroom Apartments
211 Elizabeth St
211 Elizabeth StNew York, NY 10012
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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2 to 6 Bedroom Apartments
476 Broome St
476 Broome StNew York, NY 10013
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Studio Apartments
101-105 Greene St
101-105 Greene StNew York, NY 10012
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Studio Apartments
60 Spring St
60 Spring StNew York, NY 10012
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1 Bedroom Apartments
35 E 1st St
35 E 1st StNew York, NY 10003
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Studio Apartments
224 Mulberry St
224 Mulberry StNew York, NY 10012
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Studio Apartments
181 Hester St
181 Hester StNew York, NY 10013
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1 to 2 Bedroom Apartments
Nolita Place
199 BoweryNew York, NY 10002
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Studio Apartments
519 Broadway
519 BroadwayNew York, NY 10012
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Studio Apartments
75 Kenmare St
75 Kenmare StNew York, NY 10012
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Studio Apartments
204 Forsyth St
204 Forsyth 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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Studio to 1 Bedroom Apartments
37 Crosby St
37 Crosby StNew York, NY 10013
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Studio Apartments
207 Bowery
207 BoweryNew York, NY 10002
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1 to 3 Bedroom Apartments
235 Elizabeth Street
235 Elizabeth StNew York, NY 10012
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2 Bedroom Apartments
Forward Building
175 E BroadwayNew York, NY 10002
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Studio Apartments
234 Mulberry St
234 Mulberry StNew York, NY 10012
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1 Bedroom Apartments
215 Bowery
215 BoweryNew York, NY 10002
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Studio Apartments
Green House Condominiums
93-99 Greene StNew York, NY 10012
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Studio Apartments
116-118 Wooster St
116-118 Wooster StNew York, NY 10012
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1 Bedroom Apartments
8-14 Prince St
8-14 Prince StNew York, NY 10012
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3 to 5 Bedroom Apartments
34 Prince St
34 Prince StNew York, NY 10012
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Lower Manhattan, New York, NY Local Guide
How much does it cost to rent an apartment in Lower Manhattan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Manhattan Studio Apartments | $7,790 | $2,395 | $10,000+ |
| Lower Manhattan 1 Bedroom Apartments | $6,323 | $3,600 | $10,000+ |
| Lower Manhattan 2 Bedroom Apartments | $7,894 | $4,000 | $10,000+ |
| Lower Manhattan 3 Bedroom Apartments | $10,151 | $5,712 | $10,000+ |
| Lower Manhattan 4 Bedroom Apartments | $12,495 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 564 rentals with your search options within a 2 mile radius of the Lower Manhattan Neighborhood of New York, NY.
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Lower Manhattan, New York, NY Local Guide
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Cheapest Available Lower Manhattan Apartments for Rent
The cheapest available apartment rental in the Lower Manhattan area of New York, NY is a Studio unit found at 4 Freeman Alley priced from $4,200. 55-61 Delancey Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $4,360. Here are the most affordable Lower Manhattan apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4 Freeman Alley | Studio | Studio, 1BA | $4,200 |
| 55-61 Delancey Street | 55-C Line 2 Bed 1 Bath | 2BR, 1BA | $4,360 |
| Avalon Bowery Place | S1-206-806-420sq | Studio, 1BA | $5,035 |
Best Value Apartments for Rent in Lower Manhattan, NY
As of September 24, 2026 the best value apartment in the Lower Manhattan area is the $7.29 price per square foot One Bedroom Model at 4 Freeman Alley in the Downtown neighborhood starting from $6,200. The second greatest value Lower Manhattan apartment is the S1-206-806-420sq Model at Avalon Bowery Place in the NoHo neighborhood starting at $5,035 with a $11.99 price per square foot. Here is today’s list of the best values for Lower Manhattan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4 Freeman Alley | One Bedroom | 1BR, 1BA | $7.29 |
| Avalon Bowery Place | S1-206-806-420sq | Studio, 1BA | $11.99 |
| 55-61 Delancey Street | 55-C Line 2 Bed 1 Bath | 2BR, 1BA | $11.85 |
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.
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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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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Best Local Schools in Lower Manhattan, 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 Cheap Lower Manhattan Apartments
What is the Cheapest Studio apartment in Lower Manhattan?
Currently the most affordable Cheap Studio Apartment in Lower Manhattan is at 4 Freeman Alley listed at $4,200.
How much is rent for a Cheap One Bedroom Lower Manhattan Apartment?
The lowest price for a Cheap One Bedroom Lower Manhattan Apartment is $6,200 at 4 Freeman Alley.
What is the lowest price for a Cheap Two Bedroom Lower Manhattan Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lower Manhattan is starting from $4,360 at 55-61 Delancey Street.
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
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.