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Cheap Apartments for Rent in the Downtown Manhattan Neighborhood of New York, NY from $1,900 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Manhattan area of New York.
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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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Downtown Manhattan, New York, NY Local Guide
How much does it cost to rent an apartment in Downtown Manhattan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Manhattan Studio Apartments | $5,500 | $5,500 | $5,500 |
| Downtown Manhattan 1 Bedroom Apartments | $3,986 | $3,000 | $4,475 |
| Downtown Manhattan 2 Bedroom Apartments | $9,751 | $3,250 | $10,000+ |
| Downtown Manhattan 3 Bedroom Apartments | $18,390 | $5,675 | $10,000+ |
| Downtown Manhattan 4 Bedroom Apartments | $9,950 | $9,950 | $9,950 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Manhattan Neighborhood of New York, NY.
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Downtown Manhattan, New York, NY Local Guide
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Cheapest Available Downtown Manhattan Apartments for Rent
The cheapest available apartment rental in the Downtown Manhattan area of New York, NY is a Studio unit found at 8 Spruce priced from $4,180. Tribeca Tower has the second lowest priced unit, which is a Studio apartment currently listed from $4,195. Here are the most affordable Downtown Manhattan apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8 Spruce | Studio / 1 Bathroom | Studio,1BA | $4,180 |
| Tribeca Tower | Studio / 1 Bathroom | Studio,1BA | $4,195 |
| 111 Worth | 1G | 1BR,1BA | $5,108 |
Best Value Apartments for Rent in Downtown Manhattan, NY
As of February 20, 2025 the best value apartment in the Downtown Manhattan area is the $8.92 price per square foot 1W Renovation 2 Model at 111 Worth in the in the Downtown neighborhood starting from $5,912. The second greatest value Downtown Manhattan apartment is the S4A06 Model at 88 Leonard starting at $5,983 with a $9.19 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown Manhattan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 111 Worth | 1W Renovation 2 | 1BR,1BA | $8.92 |
| 88 Leonard | S4A06 | 1BR,1BA | $9.19 |
| 146 Mulberry St, Unit FL3-ID727 | 146 Mulberry St | 1BR,1BA | $8.11 |
| 8 Spruce | Studio / 1 Bathroom | Studio ,1BA | $8.36 |
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Pet Friendly LifestyleDowntown Manhattan, New York, NY
Ranked #26
Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Manhattan Neighborhood in New York, NY
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
94 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
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 Cheap Downtown Manhattan Apartments
How much is rent for a Cheap One Bedroom Downtown Manhattan Apartment?
The lowest price for a Cheap One Bedroom Downtown Manhattan Apartment is $5,206 at 111 Worth.
What is the lowest price for a Cheap Two Bedroom Downtown Manhattan Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Manhattan is starting from $3,250 at .
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.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.