
New Apartments for Rent in Manhattan, NY Under $5,000 (337 Rentals)


The Bold

One Grove

Hoboken Point

The Riverdale Tower

The Station Apartments

The Hendrix

The Hazel Jersey City

Quincy

The Greenpoint
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

The Declan

The Grand

The Oyster

Harbor 1500

The Rocklyn

7 Seventy House

Hamilton Cove

The Reserve at Estuary

Atlas

351 Marin
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

The Reserve

235 Grand

Vantage Collection

Sable

Haus25

485 Marin

Waterline Square

7 Dekalb

The Station

Plaza 53

295J

Columbus Collection

VYV

65 Bay Street

Pod Pads

TERRA

RiverParc

Hudson Lights

The Centre

The Duchess

Bela

11 Cooper St

Park + Garden

Bay Grove Arms

38 6th Ave

535 Carlton Ave

The One
Manhattan, NY Local Guide

How much does it cost to rent an apartment in Manhattan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Manhattan Studio Apartments | $4,110 | $1,505 | $10,000+ |
Manhattan 1 Bedroom Apartments | $4,433 | $800 | $10,000+ |
Manhattan 2 Bedroom Apartments | $5,812 | $1,350 | $10,000+ |
Manhattan 3 Bedroom Apartments | $6,129 | $1,050 | $10,000+ |
Manhattan 4 Bedroom Apartments | $5,117 | $1,000 | $10,000+ |
Manhattan 5 Bedroom Apartments | $3,576 | $1,150 | $10,000+ |
Manhattan 6 Bedroom Apartments | $2,254 | $1,225 | $9,450 |
Explore Manhattan
Manhattan, NY Local Guide
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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.
Getting Around Manhattan, NY
Walk Score®
97 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Manhattan Apartments
What is the Cheapest New apartment in Manhattan?
Currently the most affordable New Apartment in Manhattan is at Cliffs On Hudson listed at $1,238.
How much is the average rent for a New Manhattan Apartment?
The average rent for a New Apartment in Manhattan is $5,089.
What is the largest New Manhattan Apartment for rent?
Today's New apartment with the most square footage in Manhattan is a 2,619 square feet unit starting from $5,084 at Waterline Square.
What is the average size for Manhattan New Apartments for rent?
The average size for a New rental in Manhattan is currently at 558 sq ft.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.