Cheap Apartments for Rent near Colonie, NY from $600 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Colonie.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Shaker Run Apartments
1 to 3 Bedroom Apartments

Shaker Run Apartments

900 Shaker RunAlbany, NY 12205
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Colonie, NY Local Guide

Cheapest Available Colonie Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colonie, NY is a Studio unit found at 1395 Hudson in the Campus Area neighborhood priced from $1,495. The Hudson Student Living in the Campus Area neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,630. Here is today’s list of the most affordable Colonie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1395 HudsonStudio GStudio,1BA$1,495
The Hudson Student LivingS2Studio,1BA$1,630
Schuyler Commons2 bedroom 1 bathroom2BR,1BA$2,137
Landmark AlbanyThe Nano1BR,1BA$2,150
The Apex at CrossgatesCopper1BR,1BA$2,261

Best Value Apartments for Rent in Colonie, NY and Nearby

As of July 29, 2026 the best value apartment in the Colonie area is the $1.85 price per square foot 2 bedroom 1 bathroom Model at Schuyler Commons in the starting from $2,137. The second greatest value Colonie apartment is the 1A Saybrook Dr Model at 1A Saybrook Dr, Unit 1A starting at $2,150 with a $2.05 price per square foot . Here is today’s list of the best values for Colonie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Schuyler Commons2 bedroom 1 bathroom2BR,1BA$1.85
1A Saybrook Dr, Unit 1A1A Saybrook Dr3BR,1.5BA$2.05
Landmark AlbanyThe Nano1BR,1BA$2.38
The Apex at CrossgatesCopper1BR,1BA$2.52
4 Katherine Rd, Unit Unit B 4 Katherine Road4 Katherine Rd2BR,1BA$2.24
Block 75Hudson A2BR,2BA$1.44
Astro ApartmentsShared 2 Bedroom1BR,1BA$2.72
The Hudson Student LivingS1Studio ,1BA$4.54
1395 HudsonStudio GStudio ,1BA$4.82

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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 1395 Hudson listed at $1,495.

How much is rent for a Cheap One Bedroom Colonie Apartment?

The lowest price for a Cheap One Bedroom Colonie Apartment is $2,150 at Landmark Albany.

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 $2,164 at Schuyler Commons.

What is the most affordable Colonie Three Bedroom Apartment?

The best deal on a cheap Colonie Three Bedroom Apartment rental is at The Apex at Crossgates and starts from $3,400.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.