Cheap Apartments for Rent in the Lower Manhattan Neighborhood of New York, NY from $1,400 (35 Rentals)

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

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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111 Mott St
1 Bedroom Apartments

111 Mott St

111 Mott StNew York, NY 10013

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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116-120 Mott St
Studio to 1 Bedroom Apartments

116-120 Mott St

116-120 Mott StNew York, NY 10013
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111 Mulberry St
Studio to 1 Bedroom Apartments

111 Mulberry St

111 Mulberry StNew York, NY 10013
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67 Mott St
1 Bedroom Apartments

67 Mott St

67 Mott StNew York, NY 10013
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28 Allen St
Studio to 1 Bedroom Apartments

28 Allen St

28 Allen StNew York, NY 10002
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19 Orchard St
1 to 3 Bedroom Apartments

19 Orchard St

19 Orchard StNew York, NY 10002
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126 E Broadway
1 Bedroom Apartments

126 E Broadway

126 E BroadwayNew York, NY 10002
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28 Orchard St
Studio to 2 Bedroom Apartments

28 Orchard St

28 Orchard StNew York, NY 10002
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78-80 Mulberry St
1 Bedroom Apartments

78-80 Mulberry St

78-80 Mulberry StNew York, NY 10013
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99 Orchard St
Studio to 2 Bedroom Apartments

99 Orchard St

99 Orchard StNew York, NY 10002
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72 Forsyth St
1 to 2 Bedroom Apartments

72 Forsyth St

72 Forsyth StNew York, NY 10002
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31 east 1st
Studio Apartments

31 east 1st

31 E 1st StNew York, NY 10003
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167 Mott Street
Studio Apartments

167 Mott Street

167 Mott StNew York, NY 10013
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Showing Results 1-35, Page 1 of 1

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 Studio unit found at 315 E 58th St priced from $2,850. 197 E 4th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,300. Here are the most affordable Lower Manhattan apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
315 E 58th StStudioStudio,1BA$2,850
197 E 4th St1 bed/ 1bath1BR,1BA$3,300
35 E 7th StStudioStudio,1BA$3,400
The ChrystieAlcove Studio / 1 BathroomStudio,1BA$4,308
Stella LES3A - 1BR/1BA1BR,1BA$4,450
230 Sullivan StStudio / 1 BathroomStudio,1BA$4,500
Avalon Bowery PlaceS1-211-811-and-212-812-513sqStudio,1BA$4,820

Best Value Apartments for Rent in Lower Manhattan, NY

As of April 27, 2025 the best value apartment in the Lower Manhattan area is the $6.56 price per square foot 3 Bed/1.5 Bath Model at 197 E 4th St in the in the Gramercy-Flatiron neighborhood starting from $5,900. The second greatest value Lower Manhattan apartment is the 1 Bedroom Model at 315 E 58th St starting at $3,750 with a $4.69 price per square foot in the Upper East Side 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.
197 E 4th St3 Bed/1.5 Bath3BR,1.5BA$6.56
315 E 58th St1 Bedroom1BR,1BA$4.69
Avalon Bowery PlaceA1-201-801-PH1-633sq1BR,1BA$9.86
277 Mott St, Unit 1R277 Mott St1BR,1BA$9.04
230 Sullivan St2 Bedroom / 1 Bathroom2BR,1BA$20.31
35 E 7th StStudioStudio ,1BA$17.00

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Pet Friendly Lifestyle
Lower Manhattan, New York, NY

Ranked #97

Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 315 E 58th St listed at $2,850.

How much is rent for a Cheap One Bedroom Lower Manhattan Apartment?

The lowest price for a Cheap One Bedroom Lower Manhattan Apartment is $3,300 at 197 E 4th St.

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 $3,800 at 315 E 58th St.

What is the most affordable Lower Manhattan Three Bedroom Apartment?

The best deal on a cheap Lower Manhattan Three Bedroom Apartment rental is at 315 E 58th St and starts from $5,000.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.