Cheap Homes for Rent in Downtown Neighborhood of New York, NY from $1,700 (29 Rentals)

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property at 200 Rector Pl

200 Rector Pl

New YorkNY10280

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Showing Results 1-29, Page 1 of 1

Downtown, New York, NY Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of New York, NY is a Studio unit found at 14 St Marks Pl priced from $1,200. 37 Wall Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,396. Here are the most affordable Downtown apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
14 St Marks PlSTUStudio,$1,200
37 Wall Street$4.25/sq.ft. - 17QStudio,1BA$2,396
25 Clinton Street25 CLINTON STREET - STUDIO / 1 BATHStudio,1BA$2,775
328-330 E 14th St1 Bedroom1BR,1BA$2,800
221 2nd AvenueStudioStudio,1BA$3,000
81 Sullivan StStudio / 1 BathroomStudio,1BA$3,200
11 Stanton Street1 Bedroom / 1 Bathroom1BR,1BA$3,299
230 Sullivan StStudio / 1 BathroomStudio,1BA$3,300
431 East 9th Street431 EAST 9TH STREET - 2 BR / 1 BATH / DUPLEX / ...2BR,1BA$3,475

Best Value Apartments for Rent in Downtown, NY

As of September 19, 2025 the best value apartment in the Downtown area is the $1.00 price per square foot $4.25/sq.ft. - 17Q Model at 37 Wall Street in the in the Downtown neighborhood starting from $2,396. The second greatest value Downtown apartment is the 2 Bedroom / 2 Bathroom Model at Exhibit starting at $5,909 with a $6.52 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
37 Wall Street$4.25/sq.ft. - 17QStudio ,1BA$1.00
Exhibit2 Bedroom / 2 Bathroom2BR,2BA$6.52
215 E 4th St2 Bed 1 Bath2BR,1BA$5.33
328-330 E 14th St2 Bedroom w/ LR2BR,1BA$4.89
160 2nd Ave, Unit 8K160 2nd Ave1BR,2BA$5.89
130 Water St, Unit 9C130 Water St1BR,1BA$4.93
7 Bleecker St, Unit 2B7 Bleecker St1BR,1BA$6.46
92-96 3rd Avenue1BR/1BA1BR,1BA$5.99
251 Water St, Unit 2B251 Water StStudio ,1BA$6.52
14 St Marks PlSTUStudio ,0.5BA$6.00

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Pet Friendly Lifestyle
Downtown, New York, NY

Ranked #9

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown, New York, NY

School data provided by Great Schools

Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 5169 Apartments for Rent in Downtown, NY with pricing that ranges from $1,200 to $39,500. There are also 939 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,750 to $49,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,750 to $49,000 with an average monthly rent of $10,002.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $5,700 to $39,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,775 to $49,000. Four Bedroom Single-Family rentals are also available starting from $8,500 and Four Bedroom Apartments start at $6,600.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.