Cheap Apartments for Rent in Mohegan Lake, NY from $1,025 (47 Rentals)

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

property at 1860 E Main St

$1,500 - $1,950

1 Bedroom Rentals

Available Sep 1

1860 E Main St

Mohegan LakeNY10547

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.

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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.

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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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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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  • Utilities Included
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Wynwood Oaks
1 Bedroom Apartments

Wynwood Oaks

1290 E Main StShrub Oak, NY 10588
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Beacon Row Apartments
Studio to 2 Bedroom Apartments

Beacon Row Apartments

65-71 E Main StBeacon, NY 12508
  • 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.

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798 Wolcott Ave
1 to 2 Bedroom Apartments

798 Wolcott Ave

796-798 Wolcott AveBeacon, 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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Rockland Commons
1 to 2 Bedroom Apartments

Rockland Commons

170-188 Ramapo RdGarnerville, NY 10923

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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Showing Results 1-47, Page 1 of 1

Mohegan Lake, NY Local Guide

Cheapest Available Mohegan Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mohegan Lake, 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 Mohegan Lake 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
9 Catherine St0022BR,1BA$2,000
Cortlandt LivingStudioStudio,1BA$2,000
Willows at Cornwall1 Bedrom 1 Bath1BR,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 Mohegan Lake, NY and Nearby

As of August 28, 2026 the best value apartment in the Mohegan Lake area is the $2.20 price per square foot 2 Bedroom Lg Model at Hudson Commons in the in the Grove at New Windsor neighborhood starting from $2,900. The second greatest value Mohegan Lake 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 Mohegan Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hudson Commons2 Bedroom Lg2BR,2BA$2.20
95 Main St2BDR 2BA Unit2BR,2BA$2.25
Cortlandt Living2 Bed 1.0 Bath2BR,1BA$2.63
The Hamlet at CarmelTwo Bed One Bath2BR,1BA$2.00
2205 Mayor Mitchell Court2 bedroom2BR,1BA$2.45
Woodbury GardensTwo Bedroom2BR,1BA$2.28
9 Catherine St0022BR,1BA$2.22
Willows at Cornwall1 Bedrom 1 Bath1BR,1BA$2.35
Sycamore Gardens2 Beds, 1 bath2BR,1BA$2.41
Walnut Hill Apartments 55+ Senior Apartments50% - 60% Median Income1BR,1BA$2.46

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!

Explore Mohegan Lake, NY Rentals by Map

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Frequently Asked Questions about Cheap Mohegan Lake Apartments

What is the Cheapest Studio apartment in Mohegan Lake?

Currently the most affordable Cheap Studio Apartment in Mohegan Lake is at 17 Prospect St listed at $1,500.

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

The lowest price for a Cheap One Bedroom Mohegan Lake Apartment is $1,523 at Walnut Hill Apartments 55+ Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mohegan Lake is starting from $1,942 at The Hamlet at Carmel.

What is the most affordable Mohegan Lake Three Bedroom Apartment?

The best deal on a cheap Mohegan Lake Three Bedroom Apartment rental is at Fort Hill Peekskill and starts from $4,095.

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.

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.