Cheap Homes for Rent in Colonie, NY from $1,100 (22 Rentals)

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property at 91 Waterman Ave

91 Waterman Ave

AlbanyNY12205
Showing Results 1-22, Page 1 of 1

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 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 ListingModel NameBed/BathPriced From
Luna StudiosKing StudioStudio,1BA$1,195
Towne TowersStudio AStudio,1BA$1,325
Towers of Colonie1 Bedroom1BR,1BA$1,455
1395 HudsonStudio AStudio,1BA$1,495
Woodlake1 Bedroom Style A1BR,1BA$1,555

Best Value Apartments for Rent in Colonie, NY and Nearby

As of September 13, 2025 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1700 Designer Residences SouthModel F2BR,2BA$1.57
1700 Designer Residences NorthTwo Bedroom Two Bath2BR,2BA$1.75
Williamsburg Village2 Bedroom2BR,1BA$1.78
The Residences at The CrossingsOne Bedroom1BR,1BA$2.02
Landmark AlbanyThe Nano1BR,1BA$2.35
11 Kimberly St, Unit 11 Kimberly St11 Kimberly St2BR,1BA$2.00
Block 75Hudson D2BR,2BA$1.61
Towers of Colonie1 Bedroom1BR,1BA$2.11
Woodlake1 Bedroom Style A1BR,1BA$2.26
3 Carol St, Unit 2nd FL3 Carol St1BR,1BA$2.13

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

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Frequently Asked Questions about Colonie

What type of rentals are currently available in Colonie?

There are currently 57 Apartments for Rent in Colonie, NY with pricing that ranges from $895 to $4,249. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonie ranging from $1,100 to $4,700.

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 $1,100 to $4,700 with an average monthly rent of $2,016.

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 $2,400 to $3,576, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $985.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.

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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.