Cheap Homes for Rent in Downtown Manhattan Neighborhood of New York, NY from $2,900 (5 Rentals)

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

property at 102 Fulton St

102 Fulton St

New YorkNY10038

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.

property at 376 Broadway

376 Broadway

New YorkNY10013

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

Downtown Manhattan, New York, NY Local Guide

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 $4,232. 88 Leonard has the second lowest priced unit, which is a Studio apartment currently listed from $4,492. Here are the most affordable Downtown Manhattan apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
8 SpruceStudio / 1 BathroomStudio,1BA$4,232
88 LeonardS4S02 - 0311-1211Studio,1BA$4,492
Tribeca TowerStudio / 1 BathroomStudio,1BA$4,515

Best Value Apartments for Rent in Downtown Manhattan, NY

As of April 26, 2025 the best value apartment in the Downtown Manhattan area is the $9.98 price per square foot 1H Renovation 2 Model at 111 Worth in the in the Downtown neighborhood starting from $6,060. The second greatest value Downtown Manhattan apartment is the S4S02 - 0311-1211 Model at 88 Leonard starting at $4,492 with a $10.67 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 ListingModel NameBed/BathPrice Per Sq.Ft.
111 Worth1H Renovation 21BR,1BA$9.98
88 LeonardS4S02 - 0311-1211Studio ,1BA$10.67

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Frequently Asked Questions about Downtown Manhattan

What type of rentals are currently available in Downtown Manhattan?

There are currently 413 Apartments for Rent in Downtown Manhattan, NY with pricing that ranges from $2,550 to $13,250. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Manhattan ranging from $2,900 to $24,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Manhattan ranges from $2,900 to $24,500 with an average monthly rent of $8,400.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in New York City article

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.