Cheap Apartments for Rent near Niagara, NY from $498 (28 Rentals)

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

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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property at 709 Townsend Pl

$750 - $850

1 To 2 Bedroom Rentals

Available Now

709 Townsend Pl

Niagara FallsNY14301

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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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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Showing Results 1-28, Page 1 of 1

Niagara, NY Local Guide

Cheapest Available Niagara Apartments for Rent and Nearby

 

The cheapest available apartment rental in Niagara, NY is a Studio unit found at The Jefferson in the Niagara Falls neighborhood priced from $750. 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 apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The JeffersonStudioStudio,1BA$750
Bellreng Apartments1 Bedroom1BR,1BA$915
The Verrazzano on 3rdStudioStudio,1BA$950
Baseline Manor Apartments1 Bedroom 1 Bathroom1BR,1BA$950
6723 Buffalo Ave2 Bedroom, 1 Bathroom2BR,1BA$975
Country Glenn ApartmentsStudioStudio,1BA$995
Ransom Court1 Bedroom1BR,1BA$995
The Eleanor Apartments1 Bedroom Ground Level - ADA1BR,1BA$1,100
Unicorn ApartmentsStudioStudio,1BA$1,102
Woods at BlairvilleLower - Tax Credit Unit2BR,1BA$1,124

Best Value Apartments for Rent in Niagara, NY and Nearby

As of August 22, 2026 the best value apartment in the Niagara area is the $1.90 price per square foot B3 Model at Heron Pointe Apartments in the in the Grand Island neighborhood starting from $2,120. The second greatest value Niagara apartment is the 2 Bedroom Model at Ransom Court starting at $1,245 with a $1.31 price per square foot in the Grand Island neighborhood. Here is today’s list of the best values for Niagara apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heron Pointe ApartmentsB32BR,2BA$1.90
Ransom Court2 Bedroom2BR,1BA$1.31
194 Mead St2 Beds, 1 Baths2BR,1BA$1.43
Woods at BlairvilleLower - Market Rate (non-renovated)2BR,1BA$1.44
Meadowspring Apartments2 Bedroom2BR,1BA$1.44
Cedar Knoll ApartmentsOne Bedroom1BR,1BA$1.76
6723 Buffalo Ave2 Bedroom, 1 Bathroom2BR,1BA$1.48
The Verrazzano on 3rdStudioStudio ,1BA$1.65
Bellreng Apartments1 Bedroom1BR,1BA$1.69
The JeffersonStudioStudio ,1BA$1.81

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!

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Frequently Asked Questions about Cheap Niagara Apartments

What is the Cheapest Studio apartment in Niagara?

Currently the most affordable Cheap Studio Apartment in Niagara is at The Jefferson listed at $750.

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

The lowest price for a Cheap One Bedroom Niagara Apartment is $915 at Bellreng Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Niagara is starting from $975 at 6723 Buffalo Ave.

What is the most affordable Niagara Three Bedroom Apartment?

The best deal on a cheap Niagara Three Bedroom Apartment rental is at Heron Pointe Apartments and starts from $2,450.

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.

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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.