113 Eldridge St
New YorkNY10002
Cheap Apartments for Rent in the Lower Manhattan Neighborhood of New York, NY from $1,500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Manhattan area of New York.
47 Delancey St
New YorkNY10002
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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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Showing Results 1-19, Page 1 of 1
Lower Manhattan, New York, NY Local Guide
How much does it cost to rent an apartment in Lower Manhattan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Manhattan Studio Apartments | $3,900 | $2,850 | $5,000 |
| Lower Manhattan 1 Bedroom Apartments | $4,853 | $2,000 | $10,000+ |
| Lower Manhattan 2 Bedroom Apartments | $5,437 | $3,500 | $6,980 |
| Lower Manhattan 3 Bedroom Apartments | $16,238 | $6,895 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Lower Manhattan Neighborhood of New York, NY.
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Lower Manhattan, New York, NY Local Guide
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Cheapest Available Lower Manhattan Apartments for Rent
The cheapest available apartment rental in the Lower Manhattan area of New York, NY is a 1 Bed unit found at 11 Stanton Street priced from $3,099. 249 Eldridge St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,950. Here are the most affordable Lower Manhattan apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 Stanton Street | 1 Bedroom / 1 Bathroom | 1BR,1BA | $3,099 |
| 249 Eldridge St | 1 Bed, 1 bath | 1BR,1BA | $3,950 |
| The Chrystie | Market Studio + Alcove | Studio,1BA | $4,615 |
| Avalon Bowery Place | A8-209-609-747sq | 1BR,1BA | $6,514 |
Best Value Apartments for Rent in Lower Manhattan, NY
As of March 30, 2025 the best value apartment in the Lower Manhattan area is the $8.72 price per square foot A8-209-609-747sq Model at Avalon Bowery Place in the in the NoHo neighborhood starting from $6,514. The second greatest value Lower Manhattan apartment is the 2 Beds, 1 bath Model at 249 Eldridge St starting at $5,950 with a $9.15 price per square foot in the Gramercy-Flatiron neighborhood. Here is today’s list of the best values for Lower Manhattan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avalon Bowery Place | A8-209-609-747sq | 1BR,1BA | $8.72 |
| 249 Eldridge St | 2 Beds, 1 bath | 2BR,1BA | $9.15 |
| The Chrystie | Market Studio + Alcove | Studio ,1BA | $8.26 |
| 277 Mott St, Unit 1R | 277 Mott St | 1BR,1BA | $9.04 |
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Pet Friendly LifestyleLower Manhattan, New York, NY
Ranked #100
Among neighborhoods in New York, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 The Chrystie listed at $4,615.
How much is rent for a Cheap One Bedroom Lower Manhattan Apartment?
The lowest price for a Cheap One Bedroom Lower Manhattan Apartment is $3,099 at 11 Stanton Street.
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 $5,950 at 249 Eldridge St.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.