Cheap Apartments for Rent in Niagara Falls, NY from $500 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Niagara Falls.

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427 5th St
$700 - $1,050
Total Monthly Price

Total Monthly Price

Base Rent
$700 - $1,050
Total Monthly Price
$700 - $1,050
Studio to 2 Bedroom Apartment Available Now

427 5th St

427 5th StNiagara Falls, NY 14301
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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.

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property at 530 Main St

$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

530 Main St

Niagara FallsNY14301

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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property at 714 Buffalo Ave

$1,000 - $1,200

1 Bedroom Rentals

Available Now

714 Buffalo Ave

Niagara FallsNY14303
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Lafayette Square
Studio to 1 Bedroom Apartments

Lafayette Square

1736 Lafayette AveNiagara Falls, NY 14305
  • Utilities Included
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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

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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Niagara I
1 to 2 Bedroom Apartments

Niagara I

1723 Caravelle DrNiagara Falls, NY 14304
  • Utilities Included
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Marine Memorial Apartments
Studio to 1 Bedroom Apartments

Marine Memorial Apartments

9502 Marine Memorial DrNiagara Falls, NY 14304
  • Utilities Included
property at 709 Townsend Pl

$825 - $995

1 To 2 Bedroom Rentals

Available Now

709 Townsend Pl

Niagara FallsNY14301
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Pineview Apartments
1 to 2 Bedroom Apartments

Pineview Apartments

9815 Niagara Falls BlvdNiagara Falls, NY 14304
  • Utilities Included
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Niagara III
2 Bedroom Apartments

Niagara III

2716-2964 22nd StNiagara Falls, NY 14305
  • Utilities Included
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Heritage Commons
2 Bedroom Apartments

Heritage Commons

834-904 80th StNiagara Falls, NY 14304
  • Utilities Included
property at 6908 Buffalo Ave

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

Studio, 1 Bath Condo for Rent

Available Now

6908 Buffalo Ave, Unit 4, Unit 4

6908 Buffalo Ave
Niagara FallsNY14304

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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Eagle Heights
1 to 2 Bedroom Apartments

Eagle Heights

4822 Hyde Park BlvdNiagara Falls, NY 14305
  • Utilities Included
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616 Niagara St
1 to 2 Bedroom Apartments

616 Niagara St

616 Niagara StNiagara Falls, NY 14303
  • Smoke Free
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Monteagle Ridge Estates
1 to 4 Bedroom Apartments

Monteagle Ridge Estates

4600 Hyde Park BlvdNiagara Falls, NY 14305
  • Utilities Included
property at 616 7th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

616 7th St

Niagara FallsNY14301

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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Showing Results 1-50, Page 1 of 2

Niagara Falls, NY Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Niagara Falls, NY

Pricing Updated: 05/27/2026

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$3,000$825164

Cheapest Available Niagara Falls Apartments for Rent

 

The cheapest available apartment rental in Niagara Falls, NY is a Studio unit found at The Jefferson in the Outer Niagara Falls neighborhood priced from $800. Bellreng Apartments in the Outer Niagara Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here is today’s list of the most affordable Niagara Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The JeffersonStudioStudio,1BA$800
Bellreng Apartments1 Bedroom1BR,1BA$915
Country Glenn ApartmentsStudioStudio,1BA$925
The Verrazzano on 3rdStudioStudio,1BA$950
6723 Buffalo Ave2 Bedroom, 1 Bathroom2BR,1BA$975
Ransom Court1 Bedroom1BR,1BA$995
The Eleanor Apartments1 Bedroom Ground Level - ADA1BR,1BA$1,100

Best Value Apartments for Rent in Niagara Falls, NY

As of May 27, 2026 the best value apartment in the Niagara Falls area is the $1.24 price per square foot 1 Bedroom Model at Ransom Court in the in the Greater Niagara Falls neighborhood starting from $995. The second greatest value Niagara Falls apartment is the 2423 Falls St Model at 2423 Falls St, Unit Upper Rear starting at $1,100 with a $1.38 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.
Ransom Court1 Bedroom1BR,1BA$1.24
2423 Falls St, Unit Upper Rear2423 Falls St2BR,1BA$1.38
6723 Buffalo Ave2 Bedroom, 1 Bathroom2BR,1BA$1.48
The Verrazzano on 3rdStudioStudio ,1BA$1.65
Bellreng Apartments1 Bedroom1BR,1BA$1.69
The Eleanor Apartments1 Bedroom Level 11BR,1BA$2.40
Country Glenn ApartmentsStudioStudio ,1BA$2.18
The JeffersonStudioStudio ,1BA$1.93
427 5th St427 5th StStudio ,1BA$2.00

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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Top Neighborhoods Near Buffalo Colleges and Universities

Learn about the best Buffalo neighborhoods for student renters by our Buffalo, NY Local Expert Patrick Ryan

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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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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.

Niagara Falls, NY
Population: 48,144

Ranked #782

in US Census Population by City

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Best Local Schools in
Niagara Falls, NY

School data provided by Great Schools

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

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Frequently Asked Questions about Cheap Niagara Falls Apartments

What is the Cheapest Studio apartment in Niagara Falls?

Currently the most affordable Cheap Studio Apartment in Niagara Falls is at The Jefferson listed at $800.

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

The lowest price for a Cheap One Bedroom Niagara Falls Apartment is $915 at Bellreng 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 $975 at 6723 Buffalo Ave.

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 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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.