Cheap Apartments for Rent near Petersburgh, NY from $700 (34 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 516 4th St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

516 4th St

TroyNY12180
property at 130 5th Ave

$1,200 - $1,300

2 Bedroom Rentals

Available Now

130 5th Ave

TroyNY12180

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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400 River St
1 Bedroom Apartments

400 River St

400 River StTroy, NY 12180
  • Utilities Included

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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Showing Results 1-34, 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
Caldwell ApartmentsStudioStudio,1BA$1,290
School One1 Bedroom 1 Bath1BR,1BA$1,350
Flanigan Square Lofts0 bed 1 BathStudio,1BA$1,350
The Peabody Apartments1041BR,1BA$1,350
Towers on Hudson1x1A1TH1BR,1BA$1,375
Harbour Point Gardens1BR/1BA - 840SF1BR,1BA$1,395
Country Gardens Apartments1 Bedroom Remodel - Premium1BR,1BA$1,400
Cedar Park ApartmentsLarge 1 Bedroom1BR,1BA$1,420

Best Value Apartments for Rent in Petersburgh, NY and Nearby

As of July 26, 2026 the best value apartment in the Petersburgh area is the $1.41 price per square foot 3 BR, 1 BA Model at 8 Division St in the starting from $2,250. The second greatest value Petersburgh apartment is the Nile Model at Water's View starting at $2,194 with a $1.86 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.
8 Division St3 BR, 1 BA3BR,1BA$1.41
Water's ViewNile2BR,2.5BA$1.86
Enclave at Duncan MeadowsTwo Bedroom2BR,2BA$1.57
The Ridge ApartmentsRidge C2BR,2BA$1.62
Riverwalk on the HudsonCorning-12BR,2BA$1.87
Harbour Point Gardens1BR/1BA w/Den - 840SF1BR,1BA$1.73
Towers on Hudson1x1A1TH1BR,1BA$1.75
The Peabody Apartments1041BR,1BA$1.73
Incite at TroyB32BR,1BA$1.84
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,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.

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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 940 Water St and starts from $1,900.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.