
Cheap Homes for Rent in Petersburg, NY from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.


196 10th St

195 9th St

16 2nd St

707 Pawling Ave

32 Wilmer Ave
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.

516 4th St

21 120th St

53 Main St

257 3rd St

171 Lancaster St

140 5th Ave
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.

114 Ida St
Petersburg, NY Local Guide

How much does it cost to rent a home in Petersburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburg 2 Bedroom Homes for Rent | $1,862 | $1,100 | $2,800 |
| Petersburg 3 Bedroom Homes for Rent | $1,706 | $695 | $3,100 |
| Petersburg 4 Bedroom Homes for Rent | $2,024 | $695 | $3,200 |
| Petersburg 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent in Petersburg
Explore Petersburg
Petersburg, NY Local Guide
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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. Cedar Park Apartments in the Downtown Troy neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,135. Here is today’s list of the most affordable Petersburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Peabody Apartments | 233 | Studio,1BA | $985 |
| Cedar Park Apartments | 1 Bedroom | 1BR,1BA | $1,135 |
| Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
| The Fulton | Studio, 1 bath | Studio,1BA | $1,175 |
| Caldwell Apartments | Studio | Studio,1BA | $1,290 |
Best Value Apartments for Rent in Petersburg, NY and Nearby
As of June 01, 2026 the best value apartment in the Petersburg area is the $1.28 price per square foot 2 Bed/ 2 Bath Balcony Remodel Model at Country Gardens Apartments in the starting from $1,550. The second greatest value Petersburg apartment is the Two Bedroom Model at Enclave at Duncan Meadows starting at $1,800 with a $1.57 price per square foot . Here is today’s list of the best values for Petersburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Country Gardens Apartments | 2 Bed/ 2 Bath Balcony Remodel | 2BR,1BA | $1.28 |
| Enclave at Duncan Meadows | Two Bedroom | 2BR,2BA | $1.57 |
| The Ridge Apartments | Ridge C | 2BR,2BA | $1.62 |
| College Suites at City Station East | 2 Bedroom 2 Bath | 2BR,2BA | $1.40 |
| The Peabody Apartments | 1 Bedroom + Den E | 1BR,1BA | $1.74 |
| Harbour Point Gardens | Floor Plan D - 1BR with Den | 1BR,1BA | $1.73 |
| Towers on Hudson | 1x1A1TH | 1BR,1BA | $1.75 |
| River Lofts | One Bedroom | 1BR,1BA | $1.78 |
| Incite at Troy | B3 | 2BR,1BA | $1.84 |
| Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Petersburg
What type of rentals are currently available in Petersburg?
There are currently 46 Apartments for Rent in Petersburg, NY with pricing that ranges from $984 to $3,880. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $695 to $3,300.
What is the current price range for Rental Homes in Petersburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $695 to $3,300 with an average monthly rent of $1,866.
How much are larger Three and Four Bedroom Rentals in Petersburg?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Petersburg range from $989 to $2,959, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $3,100. Four Bedroom Single-Family rentals are also available starting from $695 and Four Bedroom Apartments start at $984.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.