Cheap Apartments for Rent in the Downtown Peekskill Neighborhood of Peekskill, NY from $1,000 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Peekskill area of Peekskill.

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Peekskill Towers
1 to 2 Bedroom Apartments

Peekskill Towers

1 Lakeview DrPeekskill, NY 10566
  • Utilities Included
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301 Bay St
1 to 2 Bedroom Apartments

301 Bay St

301 Bay StPeekskill, NY 10566
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338 Simpson Pl
2 Bedroom Apartments

338 Simpson Pl

338 Simpson PlPeekskill, NY 10566

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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110 Nelson Ave
1 to 3 Bedroom Apartments

110 Nelson Ave

110 Nelson AvePeekskill, NY 10566
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Fort Hill Peekskill
Studio to 3 Bedroom Apartments

Fort Hill Peekskill

1 St Marys ConventPeekskill, NY 10566
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216 S Division St
1 to 2 Bedroom Apartments

216 S Division St

216 S Division StPeekskill, NY 10566
  • Utilities Included

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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Crossroads
1 Bedroom Apartments

Crossroads

1101 Brown StPeekskill, NY 10566
  • Utilities Included
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807 Main St
Studio Apartments

807 Main St

807 Main StPeekskill, NY 10566
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Park Place Tower
Studio to 3 Bedroom Apartments

Park Place Tower

1 Park PlPeekskill, NY 10566
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Wesley Hall Apartments
Studio to 2 Bedroom Apartments

Wesley Hall Apartments

801 South StPeekskill, NY 10566
Senior Living
  • 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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Stuhr Gardens
1 to 3 Bedroom Apartments

Stuhr Gardens

121 Vail AvePeekskill, NY 10566
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141 Fremont St
Studio Apartments

141 Fremont St

141 Fremont StPeekskill, NY 10566

Downtown Peekskill, Peekskill, NY Local Guide

Cheapest Available Downtown Peekskill Apartments for Rent

 

The cheapest available apartment rental in the Downtown Peekskill area of Peekskill, NY is a 1 Bed unit found at HudsonView Living priced from $2,075. Fort Hill Peekskill has the second lowest priced unit, which is a Studio apartment currently listed from $2,395. Here are the most affordable Downtown Peekskill apartments for rent in Peekskill, NY:

Apartment ListingModel NameBed/BathPriced From
HudsonView Living1 Bed 1 Bath1BR,1BA$2,075
Fort Hill PeekskillA2Studio,1BA$2,395
Hampton Oaks Apartments$1.66/sq.ft. - Two Bedroom2BR,1BA$2,525
645 Main St2 Bed/1 Bath - 80%2BR,1BA$3,060
East Point on HudsonA21BR,1BA$3,350

Best Value Apartments for Rent in Downtown Peekskill, NY

As of June 25, 2026 the best value apartment in the Downtown Peekskill area is the $1.80 price per square foot $1.66/sq.ft. - Two Bedroom Model at Hampton Oaks Apartments in the in the Downtown Peekskill neighborhood starting from $2,525. The second greatest value Downtown Peekskill apartment is the 950 Paulding St Model at 950 Paulding St, Unit Carriage House unit 1 starting at $2,800 with a $2.33 price per square foot in the Downtown Peekskill neighborhood. Here is today’s list of the best values for Downtown Peekskill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hampton Oaks Apartments$1.66/sq.ft. - Two Bedroom2BR,1BA$1.80
950 Paulding St, Unit Carriage House unit 1950 Paulding St3BR,1.5BA$2.33
645 Main St2 Bed/1 Bath - 80%2BR,1BA$2.79
HudsonView Living2 bed 1.5 Bath W/ WD Townhome2BR,1.5BA$2.50
East Point on HudsonA21BR,1BA$3.79
Fort Hill PeekskillA2Studio ,1BA$5.04

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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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.

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Frequently Asked Questions about Cheap Downtown Peekskill Apartments

What is the price of a cheap apartment in Downtown Peekskill?

The cheapest apartment in Downtown Peekskill is HudsonView Living which is listed at $2,075, while the average apartment in Downtown Peekskill costs $3,600.

What types of apartments are the cheapest in Downtown 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 1 regular apartments in Downtown Peekskill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.