40 Frost Pl
AlbanyNY12205
Cheap Homes for Rent in Colonie, NY from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Colonie.
526 Hamilton St
AlbanyNY12203
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263 Western Ave
AlbanyNY12203
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.
1016 Washington Ave
AlbanyNY12203
321 Hackett Blvd
AlbanyNY12208
640 Myrtle Ave
AlbanyNY12208
273 Ontario St
AlbanyNY12203
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.
7 Elgin St
AlbanyNY12205
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Colonie, NY Local Guide
Whiteface Mountain by Geoffrey Williams is licensed under CC BY 2.0
How much does it cost to rent a home in Colonie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonie 2 Bedroom Homes for Rent | $1,972 | $1,250 | $2,700 |
| Colonie 3 Bedroom Homes for Rent | $1,943 | $1,500 | $2,700 |
| Colonie 4 Bedroom Homes for Rent | $2,690 | $1,600 | $3,500 |
| Colonie 7 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
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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. 1700 Designer Residences North in the Campus Area neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. 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 |
| 1700 Designer Residences North | OneBedroom | 1BR,1BA | $1,375 |
| 1395 Hudson | Studio F | Studio,1BA | $1,495 |
Best Value Apartments for Rent in Colonie, NY and Nearby
As of January 05, 2026 the best value apartment in the Colonie area is the $1.57 price per square foot Model F Model at 1700 Designer Residences South in the in the Dunes neighborhood starting from $2,500. The second greatest value Colonie apartment is the 2 bedroom 1 bathroom Model at Schuyler Commons starting at $2,195 with a $1.90 price per square foot . 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 F | 2BR,2BA | $1.57 |
| Schuyler Commons | 2 bedroom 1 bathroom | 2BR,1BA | $1.90 |
| The Flats at Crossgates | 1BR/1.0BA | 1BR,1BA | $2.06 |
| Grecian Terrace Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.89 |
| Landmark Albany | The Nano | 1BR,1BA | $2.35 |
| The Apex at Crossgates | Blue Heron | 1BR,1BA | $2.52 |
| Block 75 | Hudson D | 2BR,2BA | $1.60 |
| 1700 Designer Residences North | OneBedroom | 1BR,1BA | $2.19 |
| 1692 Central Ave, Unit 103 | 1692 Central Ave | Studio ,1BA | $4.29 |
| Luna Studios | King Studio | Studio ,1BA | $3.97 |
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 Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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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.
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Explore Colonie, NY Rentals by Map
See the most popular apartments and homes in Colonie, NY
Frequently Asked Questions about Colonie
What type of rentals are currently available in Colonie?
There are currently 53 Apartments for Rent in Colonie, NY with pricing that ranges from $875 to $4,175. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonie ranging from $1,025 to $4,000.
What is the current price range for Rental Homes in Colonie?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonie ranges from $1,025 to $4,000 with an average monthly rent of $2,326.
How much are larger Three and Four Bedroom Rentals in Colonie?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Colonie range from $1,080 to $3,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $970.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!