
Cheap Apartments for Rent in Peekskill, NY from $1,000 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Peekskill.


HudsonView Living

Patricia Apartments

300 Highland Ave

Fort Hill Peekskill

Total Monthly Price
1014 N Division St, Unit 2
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.

River Pointe at Drum Hill

Crossroads

Parkway Plaza

Peekskill Plaza Apartments

Park Place Tower

Hampton Oaks Apartments
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.

3413 Villa at the Woods

958 Phoenix Ave

304 Chateau Rive, Unit 304

2414 Villa at the Woods

4 Thunder Mountain Rd

Total Monthly Price
60 Waterbury Pky, Unit ADU
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.

Total Monthly Price
2 Hollowbrook Plz, Unit 1

260 Main St

3 Pine Terrace Rd

Jacobs Hill at Cortlandt Manor - Senior 55+

1970 E Main St

39 Cedar Flats Rd
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.

50 Rosetown Rd
Peekskill, NY Local Guide

How much does it cost to rent an apartment in Peekskill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Peekskill Studio Apartments | $2,116 | $1,550 | $2,450 |
| Cheap Peekskill 1 Bedroom Apartments | $3,153 | $1,875 | $3,830 |
| Cheap Peekskill 2 Bedroom Apartments | $4,132 | $2,500 | $5,500 |
| Cheap Peekskill 3 Bedroom Apartments | $4,295 | $3,600 | $4,595 |
| Cheap Peekskill 4 Bedroom Apartments | $5,000 | $5,000 | $5,000 |
Browse Top Apartments in Peekskill
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Peekskill, NY Local Guide
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Cheapest Neighborhoods for Apartments in Peekskill, NY
Pricing Updated: 07/27/2026Current apartment rentals in the Peekskill, 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 Peekskill Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Peekskill | $4,395 | $1,550 | 26 |
| Fort Hill | $4,395 | $1,550 | 27 |
Cheapest Available Peekskill Apartments for Rent
 The cheapest available apartment rental in Peekskill, NY is a 1 Bed unit found at HudsonView Living in the Downtown Peekskill neighborhood priced from $2,075. Hampton Oaks Apartments in the Downtown Peekskill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here is today’s list of the most affordable Peekskill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HudsonView Living | 1 Bed 1 Bath | 1BR,1BA | $2,075 |
| Hampton Oaks Apartments | $1.90/sq.ft. - One Bedroom | 1BR,1BA | $2,100 |
| Patricia Apartments | 1 Bed 1 Bath | 1BR,1BA | $2,122 |
| Fort Hill Peekskill | A2 | Studio,1BA | $2,350 |
| 645 Main St | 2 Bed/1 Bath - 80% | 2BR,1BA | $3,060 |
Best Value Apartments for Rent in Peekskill, NY
As of July 27, 2026 the best value apartment in the Peekskill area is the $2.88 price per square foot Vista Model at Meadowbrook Commons in the in the Hollow Brook Mews neighborhood starting from $3,600. The second greatest value Peekskill apartment is the $1.90/sq.ft. - One Bedroom Model at Hampton Oaks Apartments starting at $2,100 with a $1.90 price per square foot in the Downtown Peekskill neighborhood. Here is today’s list of the best values for Peekskill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadowbrook Commons | Vista | 2BR,2.5BA | $2.88 |
| Hampton Oaks Apartments | $1.90/sq.ft. - One Bedroom | 1BR,1BA | $1.90 |
| 645 Main St | 2 Bed/1 Bath - 80% | 2BR,1BA | $2.79 |
| 2 Hollowbrook Plz, Unit 1 | 2 Hollowbrook Plz | 2BR,1BA | $2.70 |
| East Point on Hudson | A2 | 1BR,1BA | $3.79 |
| Sylvan Woods Westchester | A7 | 1BR,1BA | $4.33 |
| HudsonView Living | 1 Bed 1 Bath | 1BR,1BA | $2.77 |
| Patricia Apartments | 1 Bed 1 Bath Washer Dryer | 1BR,1BA | $3.36 |
| 1014 N Division St, Unit 2 | 1014 N Division St | 2BR,1BA | $3.57 |
| Fort Hill Peekskill | A2 | Studio ,1BA | $4.95 |
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.
Read ArticleReal 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.
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.
Best Local Schools in Peekskill, NY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peekskill, NY Rentals by Map
See the most popular apartments and homes in Peekskill, NY
Frequently Asked Questions about Cheap Peekskill Apartments
What is the price of a cheap apartment in Peekskill?
The cheapest apartment in Peekskill is HudsonView Living which is listed at $2,075, while the average apartment in Peekskill costs $4,395.
What types of apartments are the cheapest in Peekskill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Peekskill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Peekskill?
Cheap apartments in Peekskill have an average cost of $165 which is $4,230 cheaper than the average rent for all rentals in Peekskill.
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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.