Artificial leather with optimal elongation and a method for manufacturing the same is disclosed, the artificial leather comprising a non-woven fabric with micro-fibers and a polymeric elastomer impregnated into the non-woven-fiber, wherein the polymeric elastomer is 20 to 30% by weight with respect to a total weight of the artificial leather, and a density of the non-woven fabric is within the range of 0.160 to 0.250 g/cm3, wherein the artificial leather can be easily used for the goods with lots of flexed regions, for example, the headliner of vehicle.