Cheap Apartments for Rent in Colonie, NY from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Colonie.

2 Gilmore Ter, Unit 1 bedroom 1 bathroom

Towne Towers
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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.

1700 Designer Residences North

214 Walnut Ln

7 Corning St
When Life Happens: Your Options for Ending a Rental Lease Early
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864 Madison Ave
Colonie, NY Local Guide

How much does it cost to rent an apartment in Colonie?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Colonie Studio Apartments | $1,334 | $1,095 | $1,520 |
Colonie 1 Bedroom Apartments | $1,904 | $895 | $2,530 |
Colonie 2 Bedroom Apartments | $2,132 | $1,135 | $4,342 |
Colonie 3 Bedroom Apartments | $2,407 | $1,225 | $3,576 |
Colonie 4 Bedroom Apartments | $1,071 | $985 | $2,600 |
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Colonie, NY Local Guide
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Cheapest Available Colonie Apartments for Rent and Nearby
 The cheapest available apartment rental in Colonie, NY is a Studio unit found at Luna Studios in the Campus Area neighborhood priced from $1,195. Towne Towers in the Upper Washington Avenue neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here is today’s list of the most affordable Colonie apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Luna Studios | King Studio | Studio,1BA | $1,195 |
Towne Towers | Studio A | Studio,1BA | $1,325 |
Towers of Colonie | 1 Bedroom | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Colonie, NY and Nearby
As of August 01, 2025 the best value apartment in the Colonie area is the $1.80 price per square foot Model B1 Model at 1700 Designer Residences South in the in the Dunes neighborhood starting from $2,200. The second greatest value Colonie apartment is the Two Bedroom Two Bath Model at 1700 Designer Residences North starting at $1,800 with a $1.75 price per square foot in the Dunes neighborhood. Here is today’s list of the best values for Colonie apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1700 Designer Residences South | Model B1 | 2BR,2BA | $1.80 |
1700 Designer Residences North | Two Bedroom Two Bath | 2BR,2BA | $1.75 |
Williamsburg Village | 2 Bedroom | 2BR,1BA | $1.77 |
Landmark Albany | The Nano | 1BR,1BA | $2.35 |
The Apex at Crossgates | Blue Heron | 1BR,1BA | $2.52 |
11 Kimberly St, Unit 11 Kimberly St | 11 Kimberly St | 2BR,1BA | $2.00 |
3 Glynn St, Unit 1B | 3 Glynn St | 2BR,1BA | $2.00 |
Towers of Colonie | 1 Bedroom | 1BR,1BA | $2.09 |
Woodlake | 1 Bedroom Style A | 1BR,1BA | $2.24 |
2 Gilmore Ter, Unit 1 bedroom 1 bathroom | 2 Gilmore Ter | 1BR,1BA | $2.21 |
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Getting Around Colonie, NY
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Colonie Apartments
What is the Cheapest Studio apartment in Colonie?
Currently the most affordable Cheap Studio Apartment in Colonie is at Luna Studios listed at $1,195.
How much is rent for a Cheap One Bedroom Colonie Apartment?
The lowest price for a Cheap One Bedroom Colonie Apartment is $1,445 at Towers of Colonie.
What is the lowest price for a Cheap Two Bedroom Colonie Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Colonie is starting from $1,615 at Towers of Colonie.
What is the most affordable Colonie Three Bedroom Apartment?
The best deal on a cheap Colonie Three Bedroom Apartment rental is at 1700 Designer Residences North and starts from $2,400.
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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.