Cheap Homes for Rent in Lower Manhattan Neighborhood of New York, NY from $1,800 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lower Manhattan area of New York.

Lower Manhattan, New York, NY Local Guide

Cheapest Available Lower Manhattan Apartments for Rent

 

The cheapest available apartment rental in the Lower Manhattan area of New York, NY is a 1 Bed unit found at 11 Stanton Street priced from $3,299. 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 ListingModel NameBed/BathPriced From
11 Stanton Street1 Bedroom / 1 Bathroom1BR,1BA$3,299
55-61 Delancey Street55-C Line 2 Bed 1 Bath2BR,1BA$4,360
Avalon Bowery PlaceB5-12BR,2BA$9,360

Best Value Apartments for Rent in Lower Manhattan, NY

As of September 15, 2025 the best value apartment in the Lower Manhattan area is the $4.09 price per square foot 2BR/1B Model at 77 Chrystie St in the in the Downtown neighborhood starting from $4,500. The second greatest value Lower Manhattan apartment is the 77 Chrystie St Model at 77 Chrystie St, Unit 4 starting at $4,500 with a $4.09 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Lower Manhattan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
77 Chrystie St2BR/1B2BR,1BA$4.09
77 Chrystie St, Unit 477 Chrystie St2BR,1BA$4.09
55-61 Delancey Street55-C Line 2 Bed 1 Bath2BR,1BA$11.85

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Pet Friendly Lifestyle
Lower Manhattan, New York, NY

Ranked #42

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 Lower Manhattan

What type of rentals are currently available in Lower Manhattan?

There are currently 1081 Apartments for Rent in Lower Manhattan, NY with pricing that ranges from $2,700 to $27,983. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Manhattan ranging from $1,830 to $50,000.

What is the current price range for Rental Homes in Lower Manhattan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lower Manhattan ranges from $1,830 to $50,000 with an average monthly rent of $11,681.

How much are larger Three and Four Bedroom Rentals in Lower Manhattan?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lower Manhattan range from $6,230 to $27,983, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,830 to $39,500. Four Bedroom Single-Family rentals are also available starting from $8,500 and Four Bedroom Apartments start at $10,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.