Cheap Homes for Rent in Manhattan, NY from $400 (523 Rentals)

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Cheap Homes in Manhattan.

property at 8 Cook St

8 Cook St

BrooklynNY11206

Navigating 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.

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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.

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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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Manhattan, NY Local Guide

Cheapest Available Manhattan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Manhattan, NY is a 1 Bed unit found at 6412 - Golden Crest 6412 Park Avenue, LLC in the Union Hill neighborhood priced from $1,600. 531 E 187th St in the Belmont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here is today’s list of the most affordable Manhattan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
6412 - Golden Crest 6412 Park Avenue, LLC1BR/1.0BA1BR,1BA$1,600
531 E 187th StStudio, 1 bathStudio,1BA$1,600
30 Meserole StEconomy Room1BR,1BA$1,695
The ParkStudioStudio,1BA$1,700
Riverdale GardensStudioStudio,1BA$1,700
St Georges CrescentStudioStudio,1BA$1,700
The Post on FortStudioStudio,1BA$1,700
245 LAWTON LLC1 BD1BR,1BA$1,749

Best Value Apartments for Rent in Manhattan, NY and Nearby

As of May 05, 2025 the best value apartment in the Manhattan area is the $1.72 price per square foot 113 Oakwood Ave Model at 113 Oakwood Ave, Unit 3 bd Cliffside Park in the in the Views at Hudson Pointe neighborhood starting from $3,100. The second greatest value Manhattan apartment is the 2465 Lemoine Ave Model at 2465 Lemoine Ave, Unit A starting at $3,400 with a $1.94 price per square foot in the Bergen County Waterfront neighborhood. Here is today’s list of the best values for Manhattan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
113 Oakwood Ave, Unit 3 bd Cliffside Park113 Oakwood Ave3BR,1BA$1.72
2465 Lemoine Ave, Unit A2465 Lemoine Ave3BR,2BA$1.94
372 Henry St, Unit 2372 Henry St3BR,1BA$1.56
Ponciana Apartments: Contemporary Comfort and Affordable Luxury2BR/1.0BA2BR,1BA$1.53
123 75th St, Unit 3123 75th St3BR,1BA$2.15
6249 Broadway, Unit 16249 Broadway2BR,1BA$1.75
The Reserve4 Bed 2 Bath - G4BR,2BA$1.75
6th at West Hoboken - Union City, NJ2BR/1.0BA2BR,1BA$1.89
168 Cedar St, Unit 1st FL168 Cedar St1BR,1BA$1.90
354 Butler St, Unit New354 Butler StStudio ,1BA$2.11

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Frequently Asked Questions about Manhattan

What type of rentals are currently available in Manhattan?

There are currently 40918 Apartments for Rent in Manhattan, NY with pricing that ranges from $800 to $100,000. There are also 2817 Single Family Homes for rent, Condos, and Townhome rentals currently available in Manhattan ranging from $420 to $55,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Manhattan ranges from $420 to $55,000 with an average monthly rent of $7,077.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Manhattan range from $1,050 to $100,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $420 to $39,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,075.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

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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.