
Cheap Apartments for Rent in the Lower Manhattan Neighborhood of New York, NY from $1,542 (560 Rentals) Page 2 of 12
Search the lowest-cost Apartments available for rent right now in the Lower Manhattan area of New York.


Jupiter 21

153 Bowery

Bayard House

Golden Place

83 Henry St

113 Greene St

53 Hester St

55 Spring Street

57 Spring Street
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.

523 Broadway

7 Essex St

129 Lafayette St

328 Grand St

145-149 Bowery

102 Bayard St

The Royal Elizabeth

484-486 Broadway

161 Chrystie St

Brewster Carriage House
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.

The Grand Machinery Exchange Lofts

83 Mercer St

30 Orchard St

226-230 Lafayette St

136-138 E Broadway

19 Kenmare St

237 Lafayette St

56 Spring Street

60 Orchard St

50 Orchard St
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.

115-127 Crosby St

158 Mercer

248 Lafayette St

381 Broome St

65-67 Greene St

426-428 W Broadway

Grand St. & Mott St.

212 Lafayette St

104 Bayard St

52 Spring St
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.

267 Bowery

259 Bowery

202 Bowery

47-49 Mercer St

54 Greene St

273 Lafayette St

106 Prince St

20 2nd Ave

152 Elizabeth St

The Police Building
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.
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 | $6,976 | $2,575 | $8,500 |
| Lower Manhattan 1 Bedroom Apartments | $5,947 | $3,600 | $10,000+ |
| Lower Manhattan 2 Bedroom Apartments | $7,535 | $4,000 | $10,000+ |
| Lower Manhattan 3 Bedroom Apartments | $9,905 | $5,712 | $10,000+ |
| Lower Manhattan 4 Bedroom Apartments | $12,663 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 560 rentals with your search options within a 2 mile radius of the Lower Manhattan Neighborhood of New York, NY.
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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 Freeman Residences 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 Freeman Residences.
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 $11,445 at Avalon Bowery Place.
What is the most affordable Lower Manhattan Three Bedroom Apartment?
The best deal on a cheap Lower Manhattan Three Bedroom Apartment rental is at 55-61 Delancey Street and starts from $5,575.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.