Cheap Apartments for Rent in Lake Peekskill, NY from $400 (34 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.

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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Knox Village
1 to 3 Bedroom Apartments

Knox Village

835 Blooming Grove TpkeNew Windsor, NY 12553
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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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Park Place Tower
Studio to 3 Bedroom Apartments

Park Place Tower

1 Park PlPeekskill, NY 10566
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798 Wolcott Ave
1 to 2 Bedroom Apartments

798 Wolcott Ave

796-798 Wolcott AveBeacon, NY 12508
  • Utilities Included

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.

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. Knox Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,555. 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
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
Woodbury GardensOne Bedroom1BR,1BA$1,700
17 Prospect St1 Bedroom1BR,1BA$1,700
The Hamlet at CarmelThree Bed One Bath3BR,1BA$1,922
9 Catherine St0022BR,1BA$2,000
Sycamore Gardens2 Beds, 1 bath2BR,1BA$2,045
HudsonView Living1 Bed 1 Bath1BR,1BA$2,075

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

As of June 07, 2026 the best value apartment in the Lake Peekskill area is the $1.80 price per square foot $1.52/sq.ft. - Two Bedroom Model at Hampton Oaks Apartments in the in the Downtown Peekskill neighborhood starting from $2,525. The second greatest value Lake Peekskill apartment is the 2BDR 2BA Unit Model at 95 Main St starting at $2,700 with a $2.25 price per square foot . 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.
Hampton Oaks Apartments$1.52/sq.ft. - Two Bedroom2BR,1BA$1.80
95 Main St2BDR 2BA Unit2BR,2BA$2.25
HudsonView Living2 bed 1.5 Bath W/ WD Townhome2BR,1.5BA$2.50
The Hamlet at CarmelTwo Bed One Bath2BR,1BA$2.37
Woodbury GardensTwo Bedroom2BR,1BA$2.28
9 Catherine St0022BR,1BA$2.22
Sycamore Gardens2 Beds, 1 bath2BR,1BA$2.41
Squire Village ApartmentsOne Bedroom ( Coming Soon )1BR,1BA$2.08
Knox Village1 Bedroom1BR,1BA$2.05
Amber Grove1 Bed, 1 bath1BR,1BA$0.86

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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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 Admirals Cove listed at $2,195.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.