Cheap Apartments for Rent near Lake Mohegan, NY from $1,025 (25 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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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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95 Main St
$2,700
Total Monthly Price

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700
2 Bedroom Apartments Available Now

95 Main St

95 Main StCold Spring, NY 10516
Senior Living
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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.

Cheapest Available Lake Mohegan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Mohegan, NY is a Studio unit found at 17 Prospect St in the Westchester County North neighborhood priced from $1,500. Walnut Hill Apartments 55+ Senior Apartments in the Tiorati Trails neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,523. Here is today’s list of the most affordable Lake Mohegan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
17 Prospect StStudioStudio,1BA$1,500
Walnut Hill Apartments 55+ Senior Apartments50% - 60% Median Income1BR,1BA$1,523
Tor View Village ApartmentsRoomy Studio J StyleStudio,1BA$1,690
Siela ApartmentsStudioStudio,1BA$1,750
The Hamlet at CarmelTwo Bed One Bath2BR,1BA$1,942

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

As of August 22, 2026 the best value apartment in the Lake Mohegan area is the $2.88 price per square foot Vista Model at Meadowbrook Commons in the in the Hollow Brook Mews neighborhood starting from $3,600. The second greatest value Lake Mohegan apartment is the 2BDR 2BA Unit Model at 95 Main St starting at $2,700 with a $2.25 price per square foot in the Putnam County neighborhood. Here is today’s list of the best values for Lake Mohegan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadowbrook CommonsVista2BR,2.5BA$2.88
95 Main St2BDR 2BA Unit2BR,2BA$2.25
Chappaqua Crossing Apartments2 Bed/2 Bath - WorkForce2BR,2BA$2.76
Parth Knolls ApartmentsOne Bedroom w/Study1BR,1.5BA$2.66
The HenryB022BR,2BA$2.99
The Hamlet at CarmelTwo Bed One Bath2BR,1BA$2.00
9 Catherine St0022BR,1BA$2.22
HudsonView Living2 Bed 1 Bath2BR,1BA$2.99
Cortlandt Living1 Bed / 1 bed1BR,1BA$3.04
Walnut Hill Apartments 55+ Senior Apartments50% - 60% Median Income1BR,1BA$2.46

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.