
Cheap Homes for Rent near Allegany, NY from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Allegany.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

416 Wren Way
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.

134 N 10th St, Unit 134
Allegany, NY Local Guide

How much does it cost to rent a home in Allegany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allegany 2 Bedroom Homes for Rent | $1,125 | $900 | $1,350 |
| Allegany 3 Bedroom Homes for Rent | $1,912 | $1,100 | $3,250 |
| Allegany 4 Bedroom Homes for Rent | $1,700 | $1,200 | $2,500 |
Browse Top Homes for Rent in Allegany
Explore Allegany
Allegany, NY Local Guide
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Best Value Apartments for Rent in Allegany, NY and Nearby
As of July 12, 2026 the best value apartment in the Allegany area is the $1.17 price per square foot 667 Jefferson Ave Model at 667 Jefferson Ave, Unit Jefferson #2 in the in the Hamburg neighborhood starting from $1,270. The second greatest value Allegany apartment is the Two Bedroom Model at University Hill Townhomes starting at $950 with a $0.95 price per square foot . Here is today’s list of the best values for Allegany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 667 Jefferson Ave, Unit Jefferson #2 | 667 Jefferson Ave | 2BR,1BA | $1.17 |
| University Hill Townhomes | Two Bedroom | 2BR,1BA | $0.95 |
| Ellicott Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
| 406 Poplar St, Unit Upper -Unit B | 406 Poplar St | 2BR,1BA | $1.12 |
| Silver Maples Apartments | 1 | 1BR,1BA | $1.38 |
| Wellman Building | Studio, 1 bath | Studio ,1BA | $1.00 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Allegany
What type of rentals are currently available in Allegany?
There are currently 37 Apartments for Rent in Allegany, NY with pricing that ranges from $725 to $2,000. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allegany ranging from $700 to $3,250.
What is the current price range for Rental Homes in Allegany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Allegany ranges from $700 to $3,250 with an average monthly rent of $1,359.
How much are larger Three and Four Bedroom Rentals in Allegany?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Allegany range from $1,100 to $1,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $950.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.