Cheap Apartments for Rent in Petersburgh, NY from $700 (30 Rentals)

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

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 516 4th St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

516 4th St

TroyNY12180

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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400 River St
1 Bedroom Apartments

400 River St

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

Cheapest Available Petersburgh Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburgh, NY is a 1 Bed unit found at Cedar Park Apartments in the Downtown Troy neighborhood priced from $1,055. Caldwell Apartments in the Downtown Troy neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Petersburgh apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Park Apartments1 Bedroom1BR,1BA$1,055
Caldwell ApartmentsStudioStudio,1BA$1,175
The FultonStudio, 1 bathStudio,1BA$1,175
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,175
River LoftsOne Bedroom1BR,1BA$1,344
Flanigan Square Lofts0 bed 1 BathStudio,1BA$1,350
Towers on Hudson1x1A1TH1BR,1BA$1,375
Country Gardens Apartments1 Bedroom Remodel - Premium1BR,1BA$1,400
The Overlook1 Bedroom/1 Bath Renovated1BR,1BA$1,400
The Rise Collar CityStudio DStudio,1BA$1,400

Best Value Apartments for Rent in Petersburgh, NY and Nearby

As of April 26, 2026 the best value apartment in the Petersburgh area is the $1.55 price per square foot Historic Apartment 102 with Den Model at The News Apartments in the in the Downtown Troy neighborhood starting from $2,590. The second greatest value Petersburgh apartment is the 2BD2BA (1,210 sq ft) Hoosick 1A, 1B Model at Stoneledge Terrace Apartments starting at $2,000 with a $1.65 price per square foot . Here is today’s list of the best values for Petersburgh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The News ApartmentsHistoric Apartment 102 with Den2BR,1.5BA$1.55
Stoneledge Terrace Apartments2BD2BA (1,210 sq ft) Hoosick 1A, 1B2BR,2BA$1.65
Enclave at Duncan MeadowsTwo Bedroom2BR,2BA$1.57
The Ridge ApartmentsRidge C2BR,2BA$1.62
The Collar Factory LoftsThe Cadillac 22BR,1BA$1.53
College Suites at City Station East2 Bedroom 2 Bath2BR,2BA$1.40
The Cannon Building2BD/1BA2BR,1BA$1.88
Towers on Hudson1x1A1TH1BR,1BA$1.75
River LoftsOne Bedroom1BR,1BA$1.78
zIncite at TroyB32BR,1BA$1.84

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Petersburgh Apartments

What is the Cheapest Studio apartment in Petersburgh?

Currently the most affordable Cheap Studio Apartment in Petersburgh is at Caldwell Apartments listed at $1,175.

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

The lowest price for a Cheap One Bedroom Petersburgh Apartment is $1,055 at Cedar Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Petersburgh is starting from $1,270 at Cedar Park Apartments.

What is the most affordable Petersburgh Three Bedroom Apartment?

The best deal on a cheap Petersburgh Three Bedroom Apartment rental is at River Lofts and starts from $1,866.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.