Cheap Apartments for Rent in Niagara Falls, NY from $400 (11 Rentals)

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Lafayette Square
Studio to 1 Bedroom Apartments

Lafayette Square

1736 Lafayette AveNiagara Falls, NY 14305
  • 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.

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Niagara I & II
1 to 2 Bedroom Apartments

Niagara I & II

8921-9103 Saint Johns PkyNiagara Falls, NY 14304
  • Utilities Included
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Monteagle Ridge Estates
1 to 4 Bedroom Apartments

Monteagle Ridge Estates

4600 Hyde Park BlvdNiagara Falls, NY 14305
  • 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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Heritage Commons
2 Bedroom Apartments

Heritage Commons

834-904 80th StNiagara Falls, NY 14304
  • Utilities Included
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Islebrook Apartments
1 to 2 Bedroom Apartments

Islebrook Apartments

1301 Ransom RdGrand Island, NY 14072
  • Utilities Included

Niagara Falls, NY Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Niagara Falls, NY

Pricing Updated: 07/29/2025

Current apartment rentals in the Niagara Falls, NY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Niagara Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Greater Niagara Falls$3,300$70071

Cheapest Available Niagara Falls Apartments for Rent

 

The cheapest available apartment rental in Niagara Falls, NY is a 1 Bed unit found at Joseph Presti Sr. Apartments in the Outer Niagara Falls neighborhood priced from $636. Niagara I in the Outer Niagara Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $741. Here is today’s list of the most affordable Niagara Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Joseph Presti Sr. Apartments212A1BR,1BA$636
Niagara I1 br1BR,1BA$741
The JeffersonStudioStudio,1BA$750
Williams Court ApartmentsStudioStudio,1BA$765
Marine Memorial Apartments1 Bedroom1BR,1BA$825

Best Value Apartments for Rent in Niagara Falls, NY

As of July 29, 2025 the best value apartment in the Niagara Falls area is the $0.57 price per square foot 212A Model at Joseph Presti Sr. Apartments in the in the Outer Niagara Falls neighborhood starting from $636. The second greatest value Niagara Falls apartment is the 3 Bedroom Model at Leisure Village Apartments starting at $1,115 with a $1.01 price per square foot in the Outer Niagara Falls neighborhood. Here is today’s list of the best values for Niagara Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Joseph Presti Sr. Apartments212A1BR,1BA$0.57
Leisure Village Apartments3 Bedroom3BR,1.5BA$1.01
2169 Amy Dr, Unit ABCD2169 Amy Dr2BR,1BA$1.27
748 Spruce Ave, Unit UPPER748 Spruce Ave2BR,1BA$0.90
424 24th St, Unit 4424 24th St3BR,1BA$1.38
Ransom Court2 Bedroom2BR,1BA$1.38
Milpine Garden TownhomesMilpine2BR,1BA$1.20
Greenwood Terrace Apartments2 Bedroom2BR,1BA$1.31
Pineview Apartments1 Bedroom1BR,1BA$1.35
Niagara I1 br1BR,1BA$1.24

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Niagara Falls Overview

If you are looking for a cool place to live with gorgeous scenery and bright lights, then you want to check out the city of Niagara Falls, NY. The city is located at the edge of the border between the United States and Canada, at the eastern edge of the state of New York. It sits on the Nagara River, directly across from the city of Niagara Falls, Ontario. Both cities are named after the gorgeous waterfall, which they straddle. The city is close to Buffalo, NY. Due to the unique scenery and the friendly people, there are lots of individuals and families who are looking for apartments in Niagara Falls, NY. If you are looking for Niagara Falls apartments, then take a few minutes and learn a bit about everything this gorgeous city has to offer!

Why live in Niagara Falls, NY?

There are a few major reasons why so many people love to live in Niagara Falls, NY. First, the weather is relatively cool, so those who don’t like the heat are going to be happy in this area. Second, the scenery is gorgeous. There is nothing like living close to Niagara Falls, NY. Third, the people in this area are friendly. The lifestyle is a bit more laid back and people have more time to help their neighbors. Finally, Niagara Falls, NY is still close to major cities such as Buffalo and New York City, NY.

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

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Getting Around Niagara Falls, NY

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Niagara Falls Apartments

How much is rent for a Cheap One Bedroom Niagara Falls Apartment?

The lowest price for a Cheap One Bedroom Niagara Falls Apartment is $636 at Joseph Presti Sr. Apartments.

What is the lowest price for a Cheap Two Bedroom Niagara Falls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Niagara Falls is starting from $859 at Niagara I.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY article

A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY

Written by: Patrick Ryan

There’s nothing better than living in a college town. The setting is vibrant, the people are happy and there’s always a good time to be had.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.