Cheap Apartments for Rent in Lake Peekskill, NY from $400 (30 Rentals)

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

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.

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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Knox Village
1 to 3 Bedroom Apartments

Knox Village

835 Blooming Grove TpkeNew Windsor, NY 12553

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Beacon Row Apartments
Studio to 2 Bedroom Apartments

Beacon Row Apartments

65-71 E Main StBeacon, NY 12508
  • Utilities Included
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798 Wolcott Ave
1 to 2 Bedroom Apartments

798 Wolcott Ave

796-798 Wolcott AveBeacon, NY 12508
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Park Place Tower
Studio to 3 Bedroom Apartments

Park Place Tower

1 Park PlPeekskill, NY 10566
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Rockland Commons
1 to 2 Bedroom Apartments

Rockland Commons

170-188 Ramapo RdGarnerville, NY 10923

Lake Peekskill, NY Local Guide

Cheapest Available Lake Peekskill Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Peekskill, NY is a 1 Bed unit found at Amber Grove in the Grove at New Windsor neighborhood priced from $484. Scenic Ridge at Amberlands in the Crotonville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Lake Peekskill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Amber Grove1 Bed, 1 bath1BR,1BA$484
Scenic Ridge at AmberlandsSmall StudioStudio,1BA$1,350
Knox Village1 Bedroom1BR,1BA$1,555
Squire Village ApartmentsOne Bedroom ( Coming Soon )1BR,1BA$1,600
Walnut Hill Apartments 55+ Senior Apartments50% - 60% Median Income1BR,1BA$1,681
Tor View Village ApartmentsRoomy Studio J StyleStudio,1BA$1,690
Woodbury GardensOne Bedroom1BR,1BA$1,700
17 Prospect St1 Bedroom1BR,1BA$1,700
Idlewild Creek Apartments1 Bedroom 1 Bathroom1BR,1BA$1,742
645 Main St1 Bed/1 Bath - 60%1BR,1BA$1,912

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

As of April 23, 2026 the best value apartment in the Lake Peekskill area is the $2.66 price per square foot One Bedroom w/Study Model at Parth Knolls Apartments in the in the Sparta neighborhood starting from $2,950. The second greatest value Lake Peekskill apartment is the 2 bed 1.5 Bath W/ WD Model at HudsonView Living starting at $2,630 with a $2.50 price per square foot in the Downtown Peekskill neighborhood. Here is today’s list of the best values for Lake Peekskill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parth Knolls ApartmentsOne Bedroom w/Study1BR,1.5BA$2.66
HudsonView Living2 bed 1.5 Bath W/ WD2BR,1.5BA$2.50
The Hamlet at CarmelTwo Bed One Bath2BR,1BA$2.37
Sycamore Gardens2 Beds, 1 bath2BR,1BA$2.41
Woodbury GardensOne Bedroom1BR,1BA$2.11
Squire Village ApartmentsOne Bedroom ( Coming Soon )1BR,1BA$2.08
Knox Village1 Bedroom1BR,1BA$2.05
Idlewild Creek Apartments1 Bedroom 1 Bathroom1BR,1BA$2.66
Walnut Hill Apartments 55+ Senior Apartments50% - 60% Median Income1BR,1BA$2.71
Amber Grove1 Bed, 1 bath1BR,1BA$0.86

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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

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Frequently Asked Questions about Cheap Lake Peekskill Apartments

What is the Cheapest Studio apartment in Lake Peekskill?

Currently the most affordable Cheap Studio Apartment in Lake Peekskill is at Scenic Ridge at Amberlands listed at $1,350.

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

The lowest price for a Cheap One Bedroom Lake Peekskill Apartment is $484 at Amber Grove.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Peekskill is starting from $1,810 at Knox Village.

What is the most affordable Lake Peekskill Three Bedroom Apartment?

The best deal on a cheap Lake Peekskill Three Bedroom Apartment rental is at The Hamlet at Carmel and starts from $1,922.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.