Cheap Homes for Rent in Colonie, NY from $1,400 (17 Rentals)

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property at 50 Wertman Ln

50 Wertman Ln

AlbanyNY12211

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 $1,320. 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$1,320
The Hudson Student LivingS2Studio,1BA$1,420
Towers of Colonie1 Bedroom1BR,1BA$1,435
Woodlake1 Bedroom Style A1BR,1BA$1,535

Best Value Apartments for Rent in Colonie, NY and Nearby

As of July 21, 2025 the best value apartment in the Colonie area is the $1.80 price per square foot Model B1 Model at 1700 Designer Residences South in the in the Dunes neighborhood starting from $2,200. 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 B12BR,2BA$1.80
1700 Designer Residences NorthTwo Bedroom Two Bath2BR,2BA$1.75
Williamsburg Village2 Bedroom2BR,1BA$1.76
Landmark AlbanyThe Nano1BR,1BA$2.35
The Apex at CrossgatesBlue Heron1BR,1BA$2.52
3 Glynn St, Unit 1B3 Glynn St2BR,1BA$2.00
26 Patricia Ln, Unit B26 Patricia Ln1BR,1BA$2.24
Towers of Colonie1 Bedroom1BR,1BA$2.08
Woodlake1 Bedroom Style A1BR,1BA$2.23
2 Gilmore Ter, Unit 1 bedroom 1 bathroom2 Gilmore Ter1BR,1BA$2.21

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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 $895 to $4,342. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonie ranging from $1,400 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 $1,400 to $4,700 with an average monthly rent of $2,553.

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 $1,400 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $2,500.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.