5 Residence Inn Dr
ColonieNY12047
Cheap Apartments for Rent in Colonie, NY from $990 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Colonie.
4 Peyster St
AlbanyNY12208
705 Hudson Ave
AlbanyNY12203
80 Lowell St, Unit 2
80 Lowell St
AlbanyNY12205
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$1,125 - $1,195Studio Apartments Available Soon
Luna Studios
1383 Washington AveAlbany, NY 12206
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$1,200
Total Monthly Price
Base Rent$1,200
Total Monthly Price$1,200
19 Homestead St, Unit 3
19 Homestead StAlbany, NY 12203
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.
52 Laing St
AlbanyNY12205
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$1,299 - $1,8221 to 2 Bedroom Apartments Available Soon
Grecian Terrace Apartments
1948 Central AveAlbany, NY 12205
591 Albany Shaker Rd
AlbanyNY12211
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$1,300
Total Monthly Price
Base Rent$1,300
Total Monthly Price$1,300
591 Albany Shaker Rd, Unit 2
591 Albany Shaker RdLoudonville, NY 12211
1949 Western Ave
AlbanyNY12203
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$1,375 - $2,5001 to 4 Bedroom Apartments Available Soon
1700 Designer Residences North
1700 Western AveAlbany, NY 12203
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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$1,380 - $1,855Studio to 2 Bedroom Apartments Available Soon
Towne Towers
12 California AveAlbany, NY 12205
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$1,450
Total Monthly Price
Base Rent$1,450
Total Monthly Price$1,450
7 Gilmore Ter, Unit 2 Bedrooms, 1 Bath
7 Gilmore TerSchenectady, NY 12303
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$1,495Studio Apartments Available Now
1395 Hudson
1395 Washington AveAlbany, NY 12206
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$1,540 - $1,7851 to 2 Bedroom Apartments Available Soon
Towers of Colonie
420 Sand Creek RdAlbany, NY 12205
59 Crescent Dr
AlbanyNY12208
132 Spring St
AlbanyNY12203
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.
504 Morris St
AlbanyNY12208
830 Jay St
AlbanyNY12203
864 Madison Ave
AlbanyNY12208
189 S Allen St
AlbanyNY12208
6383 Zorn Rd
AlbanyNY12203
79 B Wertman Ln
AlbanyNY12211
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.
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1 to 3 Bedroom Apartments
Shaker Run Apartments
900 Shaker RunAlbany, NY 12205
800 Chestnut St
AlbanyNY12203
11 King Ave
AlbanyNY12206
Showing Results 1-27, Page 1 of 1
Colonie, NY Local Guide
How much does it cost to rent an apartment in Colonie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Colonie Studio Apartments | $1,389 | $1,125 | $1,495 |
| Cheap Colonie 1 Bedroom Apartments | $1,958 | $995 | $2,500 |
| Cheap Colonie 2 Bedroom Apartments | $2,585 | $1,135 | $4,175 |
| Cheap Colonie 3 Bedroom Apartments | $2,463 | $1,080 | $3,400 |
| Cheap Colonie 4 Bedroom Apartments | $1,496 | $990 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Colonie
See all Apartments in ColonieExplore Colonie
Colonie, NY Local Guide
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Cheapest Available Colonie Apartments for Rent
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 $1,650. Here is today’s list of the most affordable Colonie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1395 Hudson | Studio A1 | Studio,1BA | $1,495 |
| The Hudson Student Living | S2 | Studio,1BA | $1,650 |
| The Apex at Crossgates | Blue Heron | 1BR,1BA | $2,170 |
| Landmark Albany | The Hudson | 1BR,1BA | $2,220 |
Best Value Apartments for Rent in Colonie, NY
As of September 13, 2026 the best value apartment in the Colonie area is the $1.33 price per square foot 34 N Elmhurst Ave Model at 34 N Elmhurst Ave, Unit House in the in the Campus Area neighborhood starting from $2,000. The second greatest value Colonie apartment is the 7 Gilmore Ter Model at 7 Gilmore Ter, Unit 2 Bedrooms, 1 Bath starting at $1,450 with a $1.21 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. |
|---|---|---|---|
| 34 N Elmhurst Ave, Unit House | 34 N Elmhurst Ave | 2BR,1.5BA | $1.33 |
| 7 Gilmore Ter, Unit 2 Bedrooms, 1 Bath | 7 Gilmore Ter | 2BR,1BA | $1.21 |
| Schuyler Commons | 2 bedroom 1 bathroom | 2BR,1BA | $1.99 |
| 1A Saybrook Dr, Unit 1A | 1A Saybrook Dr | 3BR,1.5BA | $1.95 |
| Landmark Albany | The Hudson | 1BR,1BA | $2.13 |
| 1A Van Buren Ave, Unit First Floor | 1A Van Buren Ave | 2BR,1BA | $2.44 |
| 4 Katherine Rd, Unit Unit B 4 Katherine Road | 4 Katherine Rd | 2BR,1BA | $2.07 |
| The Apex at Crossgates | Blue Heron | 1BR,1BA | $2.53 |
| 19 Homestead St, Unit 3 | 19 Homestead St | 2BR,1BA | $1.41 |
| Block 75 | Hudson A | 2BR,2BA | $1.44 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Colonie, NY Rentals by Map
See the most popular apartments and homes in Colonie, NY
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 $2,170 at The Apex at Crossgates.
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 $2,294 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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.