Cheap Apartments for Rent near Cranberry Lake, NY from $520 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cranberry Lake.

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.

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.

property at 334 Clay St

$725 - $825

Studio To 1 Bedroom Rentals

Available Now

334 Clay St

WatertownNY13601

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.

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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

522 Washington StWatertown, NY 13601
  • Utilities Included
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49 W Main St
Studio to 2 Bedroom Apartments

49 W Main St

49 W Main StCanton, NY 13617
  • Utilities Included
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THE TRAILS AT MALONE
1 to 3 Bedroom Apartments

THE TRAILS AT MALONE

166 Falling Leaf DrMalone, NY 12953
  • Utilities Included

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.

Cranberry Lake, NY Local Guide

Cheapest Available Cranberry Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cranberry Lake, NY is a Studio unit found at Arsenal Apartments in the Watertown neighborhood priced from $520. The Solar Building in the Watertown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here is today’s list of the most affordable Cranberry Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arsenal ApartmentsSmall StudioStudio,1BA$520
The Solar BuildingStudioStudio,1BA$620
City View Apartments2BR2BR,1BA$650
Pine Grove Apartments - Senior Housing1 Bed, 1 bath1BR,1BA$789
Kelsey Creek Apartments1 Bedroom 1 bath1BR,1BA$795
Washington Manor ApartmentsOne Bedroom1BR,1BA$825
Colonial Manor Apartments1 Bedroom1BR,1BA$890
Palmer Street ApartmentsGarden2BR,1BA$895
College Heights1 Bedroom1BR,1BA$900
Potsdam Main Street ApartmentsStandard StudioStudio,1BA$910

Best Value Apartments for Rent in Cranberry Lake, NY and Nearby

As of August 23, 2026 the best value apartment in the Cranberry Lake area is the $0.78 price per square foot Town Home Model at Hycliff Apartments in the in the Watertown neighborhood starting from $1,320. The second greatest value Cranberry Lake apartment is the 2bed/1.5bath Model at Swan Landing Apartments starting at $1,400 with a $0.92 price per square foot . Here is today’s list of the best values for Cranberry Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hycliff ApartmentsTown Home3BR,1.5BA$0.78
Swan Landing Apartments2bed/1.5bath2BR,1.5BA$0.92
Parkstead Watertown at Thompson Park3 Bed 2 Bath Garden3BR,2BA$1.00
Emerald Acres II3 Bedroom3BR,2.5BA$1.01
Parkstead Copenhagen2 Bed 1 Bath Garden2BR,1BA$1.00
Palmer Street ApartmentsTown Home2BR,1.5BA$0.95
Whispering Woods ApartmentsTwo Bed / One Bath2BR,1BA$1.03
College Heights1 Bedroom1BR,1BA$1.05
City View Apartments2BR2BR,1BA$0.81
Colonial Manor Apartments1 Bedroom1BR,1BA$1.11

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

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Frequently Asked Questions about Cheap Cranberry Lake Apartments

What is the Cheapest Studio apartment in Cranberry Lake?

Currently the most affordable Cheap Studio Apartment in Cranberry Lake is at Arsenal Apartments listed at $520.

How much is rent for a Cheap One Bedroom Cranberry Lake Apartment?

The lowest price for a Cheap One Bedroom Cranberry Lake Apartment is $720 at The Solar Building.

What is the lowest price for a Cheap Two Bedroom Cranberry Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cranberry Lake is starting from $650 at City View Apartments.

What is the most affordable Cranberry Lake Three Bedroom Apartment?

The best deal on a cheap Cranberry Lake Three Bedroom Apartment rental is at Kelsey Creek Apartments and starts from $1,000.

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

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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.

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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.

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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.

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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.