The financial heart of NYC. Wall Street, historic districts, and waterfront views.



A one-bedroom in Downtown Manhattan rents for about $4,000 - $4,500/month — a safe area (safety 4/5), roughly 5 minutes from New York center by metro.
Commute to Center
5 min
metro
Safety Rating
4/5
SafeVibe
Monthly rent in USD ($). First-hand contracts come straight from the landlord or housing company. Second-hand contracts are sublets, and they usually cost more.
| Apartment Size | First-Hand Rent | Second-Hand Rent |
|---|---|---|
| 1 Bedroom | $3,500 - $4,000/mo | $4,000 - $4,500/mo |
| 2 Bedrooms | $4,500 - $5,000/mo | $5,100 - $5,700/mo |
| 3 Bedrooms | $5,500 - $6,500/mo | $6,300 - $7,400/mo |
Within AffordWhere's New York dataset, a one-bedroom here averages about $4,250/month — roughly 18% above the city median, and among the pricier of the 10 areas we track. Two-bedrooms run $5,100 - $5,700/month and three-bedrooms $6,300 - $7,400/month on second-hand contracts. At 5 minutes to the center by metro, it sits closer to the center than most New York areas in the set. On safety it rates 4/5, among the lower-rated in the city. Based on its rent, commute, and the financial, historic, waterfront tags, it may suit renters weighing rent against commute.
Weighing options? For cheaper rent, see Washington Heights.
Rent figures reflect official statistics compiled January 2026. See data sources.
OpenStreetMap maps IKEA Express Shuttle as the nearest rail stop, Vietnam Veterans Plaza as nearby green space and City Acres Market as the nearest supermarket around the Downtown Manhattan reference point. A school and a pharmacy are also mapped within walking distance. It also shows a large number of cafés and restaurants mapped within about 700m of that point.
Amenity data from OpenStreetMap contributors, available under the Open Database License (ODbL). The extracted amenity dataset is published under the same license.
15 min metro to center
1BR from $3,700/mo
20 min metro to center
1BR from $3,400/mo
15 min metro to center
1BR from $3,700/mo
25 min metro to center
1BR from $3,200/mo
10 min metro to center
1BR from $3,400/mo
25 min metro to center
1BR from $2,500/mo
30 min train to center
1BR from $2,300/mo
15 min train to center
1BR from $3,200/mo
35 min metro to center
1BR from $2,100/mo
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