Cheap Apartments for Rent in Petersburg, NY from $900 (43 Rentals)

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

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 194 8th St

194 8th St

TroyNY12180

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 260 Madison St

260 Madison St

TroyNY12180

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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400 River St
1 Bedroom Apartments

400 River St

400 River StTroy, NY 12180
  • Utilities Included
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Petersburg, NY Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, NY is a Studio unit found at The Peabody Apartments priced from $985. Diamond Rock Terrace Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Peabody Apartments233Studio,1BA$985
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,100
The Overlook1 Bed Classic1BR,1BA$1,100
The FultonStudio, 1 bathStudio,1BA$1,150
Harbour Point Gardens1 Bedroom Small1BR,1BA$1,195
Cedar Park Apartments1 Bedroom1BR,1BA$1,286
Towers on Hudson1x1A1TH1BR,1BA$1,295
Country Gardens Apartments1 bed 1 bath1BR,1BA$1,300
Enclave at Duncan MeadowsOne Bedroom1BR,1BA$1,400
Caldwell ApartmentsTwo Bedroom2BR,1BA$1,450

Best Value Apartments for Rent in Petersburg, NY and Nearby

As of May 23, 2025 the best value apartment in the Petersburg area is the $1.63 price per square foot Erie B Model at Water's View in the starting from $2,528. The second greatest value Petersburg apartment is the Ridge A Model at The Ridge Apartments starting at $1,925 with a $1.63 price per square foot in the Downtown Troy neighborhood. Here is today’s list of the best values for Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Water's ViewErie B2BR,2BA$1.63
The Ridge ApartmentsRidge A2BR,2BA$1.63
Stoneledge LLVP LLCThe Oakwood Unit 2D (Apt. 9 & 12)2BR,2BA$1.80
Rivers EdgeEmpire2BR,2BA$1.93
Hudson SquareWinged Foot2BR,2BA$1.82
Caldwell ApartmentsTwo Bedroom2BR,1BA$1.73
Enclave at Duncan MeadowsOne Bedroom1BR,1BA$1.68
Towers on Hudson1x1A1TH1BR,1BA$1.65
Country Gardens Apartments1 Bed 1 Bath, Premium Remodel1BR,1BA$1.96
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1.77

Quick 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.

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Pet Friendly Lifestyle
Petersburg, NY

Ranked #160

Among cities in New York for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Petersburg, NY Rentals by Map

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See the most popular apartments and homes in Petersburg, NY

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Frequently Asked Questions about Cheap Petersburg Apartments

What is the Cheapest Studio apartment in Petersburg?

Currently the most affordable Cheap Studio Apartment in Petersburg is at The Peabody Apartments listed at $985.

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

The lowest price for a Cheap One Bedroom Petersburg Apartment is $1,100 at Diamond Rock Terrace Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Petersburg is starting from $1,300 at Diamond Rock Terrace Senior Apartments.

What is the most affordable Petersburg Three Bedroom Apartment?

The best deal on a cheap Petersburg Three Bedroom Apartment rental is at Caldwell Apartments and starts from $2,190.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.