32 Russell Rd
AlbanyNY12203
Cheap Homes for Rent in Colonie, NY from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Colonie.
17 Hillside Ave, Unit Rear
17 Hillside Ave
ColonieNY12205
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$1,3451 Bedroom Apartments Available Aug 1
1949 Western Ave, Unit 506
1949 Western AveAlbany, NY 12203
1949 Western Ave
WestmereNY12203
845 New Scotland Ave
AlbanyNY12208
1777 Western Ave
AlbanyNY12203
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.
10 Richmond St
AlbanyNY12205
11 King Ave
AlbanyNY12206
35 Fountain Ave
AlbanyNY12203
25A Pine Ln
AlbanyNY12203
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$1,7502 Bedroom Apartments Available Sep 1
1949 Western Ave, Unit 404-WESTMERE
1949 Western AveAlbany, NY 12203
489 Hamilton St
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.
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Colonie, NY Local Guide
How much does it cost to rent a home in Colonie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonie 2 Bedroom Homes for Rent | $2,297 | $1,395 | $3,500 |
| Colonie 3 Bedroom Homes for Rent | $2,337 | $1,550 | $3,750 |
| Colonie 4 Bedroom Homes for Rent | $2,477 | $2,000 | $3,195 |
| Colonie 6 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 The Hudson Student Living in the Campus Area neighborhood priced from $1,630. Grecian Terrace Apartments in the Dunes neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,671. Here is today’s list of the most affordable Colonie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hudson Student Living | S2 | Studio,1BA | $1,630 |
| Grecian Terrace Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1,671 |
| Landmark Albany | The Nano | 1BR,1BA | $2,150 |
| Schuyler Commons | 2 bedroom 1 bathroom | 2BR,1BA | $2,325 |
| The Apex at Crossgates | Gold Drop | 2BR,2BA | $2,750 |
Best Value Apartments for Rent in Colonie, NY
As of July 10, 2026 the best value apartment in the Colonie area is the $2.32 price per square foot Gold Drop Model at The Apex at Crossgates in the in the Dunes neighborhood starting from $2,750. The second greatest value Colonie apartment is the 2 bedroom 1 bathroom Model at Schuyler Commons starting at $2,325 with a $2.01 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. |
|---|---|---|---|
| The Apex at Crossgates | Gold Drop | 2BR,2BA | $2.32 |
| Schuyler Commons | 2 bedroom 1 bathroom | 2BR,1BA | $2.01 |
| 39 Maryland Ave, Unit Downstairs Apartment | 39 Maryland Ave | 2BR,1BA | $1.59 |
| Grecian Terrace Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.83 |
| Landmark Albany | The Nano | 1BR,1BA | $2.38 |
| 19 Homestead St, Unit 3 | 19 Homestead St | 2BR,1BA | $1.28 |
| 4 Katherine Rd, Unit Unit B 4 Katherine Road | 4 Katherine Rd | 2BR,1BA | $2.24 |
| Block 75 | Hudson A | 2BR,2BA | $1.44 |
| Astro Apartments | Shared 2 Bedroom | 1BR,1BA | $2.72 |
| The Hudson Student Living | S1 | Studio ,1BA | $4.54 |
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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How much rent can you afford?
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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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 55 Apartments for Rent in Colonie, NY with pricing that ranges from $650 to $4,175. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonie ranging from $1,350 to $3,750.
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 $1,350 to $3,750 with an average monthly rent of $2,255.
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 $3,440, 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 $2,000 and Four Bedroom Apartments start at $985.
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
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.
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.
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.