
Cheap Apartments for Rent near Petersburgh, NY from $984 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Petersburgh.


City Station South

Caldwell Apartments

Cedar Park Apartments

The Fulton

Towers on Hudson

Park Ridge

Sol Apartments
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.

Harbour Point Gardens

The Peabody Apartments

Troy Gardens

The Collar Factory Lofts

Flanigan Square Lofts

The Overlook

The Rise Collar City

Country Gardens Apartments
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.

Brunswick Apartments

The Ridge Apartments

G Properties at Park Place, LLC

Enclave at Duncan Meadows

Sugar Hill

The Cannon Building

Total Monthly Price
940 Water St

135 5th Ave
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.

16 2nd St

337 3rd Ave

Diamond Rock Terrace Senior Apartments

130 5th Ave

1167 5th Ave

3 Ashland Pl

516 4th St

56 Thompson St
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.

649 4th St

428 7th Ave

1210 5th Ave

114 Ida St

5 Marshall St

166 6th Ave

15 Fairview Ave

400 River St
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.

20 W Sunnyside Way

381 5th Ave

The Woods

99 Ford Ave
Petersburgh, NY Local Guide

How much does it cost to rent an apartment in Petersburgh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburgh Studio Apartments | $1,494 | $990 | $1,990 |
| Petersburgh 1 Bedroom Apartments | $1,785 | $990 | $2,575 |
| Petersburgh 2 Bedroom Apartments | $2,098 | $1,134 | $3,880 |
| Petersburgh 3 Bedroom Apartments | $1,980 | $999 | $4,650 |
| Petersburgh 4 Bedroom Apartments | $1,869 | $984 | $3,635 |
Browse Top Apartments in Petersburgh
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Petersburgh, NY Local Guide
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Cheapest Available Petersburgh Apartments for Rent and Nearby
 The cheapest available apartment rental in Petersburgh, NY is a 3 Beds unit found at City Station South in the Downtown Troy neighborhood priced from $1,065. Caldwell Apartments in the Downtown Troy neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Petersburgh apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City Station South | Furnished 3 Bed / 1 Bath | 3BR,1BA | $1,065 |
| Caldwell Apartments | Studio | Studio,1BA | $1,100 |
| Diamond Rock Terrace Senior Apartments | 2 Bedroom | 2BR,1BA | $1,175 |
| The Fulton | Studio, 1 bath | Studio,1BA | $1,175 |
| Sol Apartments | Apartment Type Sa | Studio,1BA | $1,290 |
| The Peabody Apartments | 104 | 1BR,1BA | $1,295 |
| The Collar Factory Lofts | The Frisbie | 1BR,1BA | $1,325 |
| Flanigan Square Lofts | 0 bed 1 Bath | Studio,1BA | $1,350 |
| The Overlook | 1 Bedroom/1 Bath Renovated | 1BR,1BA | $1,350 |
| Towers on Hudson | 1x1A1TH | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Petersburgh, NY and Nearby
As of September 09, 2026 the best value apartment in the Petersburgh area is the $1.31 price per square foot 3 BR, 1 BA Model at 8 Division St in the starting from $2,100. The second greatest value Petersburgh apartment is the Erie B Model at Water's View starting at $2,167 with a $1.40 price per square foot . Here is today’s list of the best values for Petersburgh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8 Division St | 3 BR, 1 BA | 3BR,1BA | $1.31 |
| Water's View | Erie B | 2BR,2BA | $1.40 |
| The Ridge Apartments | Ridge A | 2BR,2BA | $1.63 |
| College Suites at City Station East | 2 Bedroom 2 Bath | 2BR,2BA | $1.46 |
| The Peabody Apartments | 210 | 2BR,1BA | $1.73 |
| Enclave at Duncan Meadows | One Bedroom | 1BR,1BA | $1.74 |
| Towers on Hudson | 1x1A1TH | 1BR,1BA | $1.75 |
| The Collar Factory Lofts | The Frisbie | 1BR,1BA | $1.82 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
Explore Petersburgh, NY Rentals by Map
See the most popular apartments and homes in Petersburgh, NY
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 $1,100.
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 $1,175 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 City Station South and starts from $1,065.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.