
Cheap Low Income Apartments for Rent in Niagara Falls, NY from $500 (1 Rental)
Search the lowest-cost Apartments available for rent right now in Niagara Falls.

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.
Niagara Falls, NY Local Guide

How much does it cost to rent an apartment in Niagara Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Niagara Falls Studio Apartments | $892 | $700 | $1,100 |
| Niagara Falls 1 Bedroom Apartments | $1,052 | $574 | $1,300 |
| Niagara Falls 2 Bedroom Apartments | $1,266 | $650 | $1,900 |
| Niagara Falls 3 Bedroom Apartments | $1,080 | $650 | $2,000 |
Explore Niagara Falls
Niagara Falls, NY Local Guide
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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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleTop Neighborhoods Near Buffalo Colleges and Universities
Learn about the best Buffalo neighborhoods for student renters by our Buffalo, NY Local Expert Patrick Ryan
Read ArticleQuick 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.
Niagara Falls, NYPopulation: 48,144
Ranked #782
in US Census Population by City
Best Local Schools in Niagara Falls, NY
Geraldine J Mann School
Niagara Falls High School
Gaskill Preparatory School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Niagara Falls, NY Rentals by Map
See the most popular apartments and homes in Niagara Falls, NY
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 $899 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

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.

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.

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.

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.