Cheap Apartments for Rent in Petersburgh, NY from $700 (29 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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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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property at 516 4th St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

516 4th St

TroyNY12180

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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400 River St
1 Bedroom Apartments

400 River St

400 River StTroy, NY 12180
  • Utilities Included
Showing Results 1-29, Page 1 of 1

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 Diamond Rock Terrace Senior Apartments priced from $1,175. The Fulton 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
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,175
The FultonStudio, 1 bathStudio,1BA$1,175
Towers on Hudson0x1S1THStudio,1BA$1,200
The Peabody Apartments1 Bedroom H1BR,1BA$1,225
Caldwell ApartmentsStudioStudio,1BA$1,290
River LoftsOne Bedroom1BR,1BA$1,344
The Collar Factory LoftsThe Dodge1BR,1BA$1,350
Flanigan Square Lofts0 bed 1 BathStudio,1BA$1,350
Harbour Point GardensFloor Plan C - 1BR1BR,1BA$1,395
Park Place Apartments1 Bed w/ Solarium1BR,1BA$1,400

Best Value Apartments for Rent in Petersburgh, NY and Nearby

As of June 11, 2026 the best value apartment in the Petersburgh area is the $1.79 price per square foot Chatham Model at Captain's Lookout Luxury Apartments in the starting from $2,685. The second greatest value Petersburgh apartment is the Ridge A Model at The Ridge Apartments starting at $1,925 with a $1.63 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.
Captain's Lookout Luxury ApartmentsChatham2BR,2BA$1.79
The Ridge ApartmentsRidge A2BR,2BA$1.63
Water's ViewNile2BR,2.5BA$1.86
Enclave at Duncan MeadowsTwo Bedroom2BR,2BA$1.57
College Suites at City Station East2 Bedroom 2 Bath2BR,2BA$1.40
Cedar Park ApartmentsLarge 2 Bedroom2BR,1BA$1.78
Harbour Point GardensFloor Plan D - 1BR with Den1BR,1BA$1.73
River LoftsOne Bedroom1BR,1BA$1.78
The Collar Factory LoftsThe Dodge1BR,1BA$1.84
Incite at TroyB32BR,1BA$1.84

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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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:
Location, Location, Location!

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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 The Fulton 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 $1,175 at Diamond Rock Terrace Senior 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 $1,275 at Diamond Rock Terrace Senior 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

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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.

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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.