Cheap Apartments for Rent in Petersburg, NY from $700 (32 Rentals)

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66 13th St

TroyNY12180
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400 River St
1 Bedroom Apartments

400 River St

400 River StTroy, NY 12180
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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 Caldwell Apartments in the Downtown Troy neighborhood priced from $1,080. Diamond Rock Terrace Senior Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Caldwell ApartmentsStudioStudio,1BA$1,080
Diamond Rock Terrace Senior Apartments2 Bedroom2BR,1BA$1,100
Towers on Hudson2x1A1TH2BR,1BA$1,200
The Peabody Apartments2041BR,1BA$1,245
Harbour Point Gardens1 Bedroom Small1BR,1BA$1,295
Country Gardens Apartments1 Bedroom Basic1BR,1BA$1,300
School One2 Bedroom 1 Bath2BR,1BA$1,395
The Rise Collar CityStudio DStudio,1BA$1,400
G Properties at Park Place, LLC1 Bed, Rear View1BR,1BA$1,425
Cedar Park ApartmentsLarge 2 Bedroom2BR,1BA$1,482

Best Value Apartments for Rent in Petersburg, NY and Nearby

As of November 16, 2025 the best value apartment in the Petersburg area is the $1.42 price per square foot Townhouse 2 Model at Park Place at Brook Edge in the starting from $2,175. The second greatest value Petersburg apartment is the Ridge F Model at The Ridge Apartments starting at $1,525 with a $1.29 price per square foot . 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.
Park Place at Brook EdgeTownhouse 23BR,2BA$1.42
The Ridge ApartmentsRidge F2BR,2BA$1.29
Water's ViewNile2BR,2.5BA$1.65
The Collar Factory LoftsThe Reo2BR,2BA$1.50
Stoneledge LLVP, LLCThe Hoosick 1D (Apt. 4) Bldg 111BR,1BA$1.69
School One2 Bedroom 1 Bath2BR,1BA$1.41
Cedar Park ApartmentsLarge 2 Bedroom2BR,1BA$1.74
Country Gardens Apartments1 Bedroom Remodel - Premium1BR,1BA$1.96
Incite at Troy - Pricing Per PersonB3 Private Bedroom2BR,1BA$1.82
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1.77

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Pet Friendly Lifestyle
Petersburg, NY

Ranked #212

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 Caldwell Apartments listed at $1,080.

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 $1,100 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 Water's View and starts from $2,157.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.