Cheap Apartments for Rent near Petersburgh, NY from $984 (44 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.

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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940 Water St
$1,500 - $3,400

Total Monthly Price

Base Rent$1,500 - $3,400

Total Monthly Price$1,500 - $3,400
1 to 5 Bedroom Apartments Available Now

940 Water St

940 Water StNorth Bennington, VT 05257
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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.

property at 130 5th Ave
$1,175 - $1,250
2 Bedroom Rentals
Available Now
Affordability

130 5th Ave

TroyNY12180
property at 516 4th St
$1,200
1 Bedroom, 1 Bath Home for Rent
Available Now
Eco-Friendly

516 4th St

TroyNY12180
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property at 56 Thompson St
$1,225 - $1,345
2 To 3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

56 Thompson St

TroyNY12180

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.

property at 1210 5th Ave
$1,245
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

1210 5th Ave

TroyNY12180
property at 114 Ida St
$1,295
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

114 Ida St

TroyNY12180
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400 River St
1 Bedroom Apartments

400 River St

400 River StTroy, NY 12180
  • Utilities Included

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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The Woods
1 to 2 Bedroom Apartments

The Woods

400 Brunswick DrBrunswick, NY 12180
  • Utilities Included

Petersburgh, NY Local Guide

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 ListingModel NameBed/BathPriced From
City Station SouthFurnished 3 Bed / 1 Bath3BR,1BA$1,065
Caldwell ApartmentsStudioStudio,1BA$1,100
Diamond Rock Terrace Senior Apartments2 Bedroom2BR,1BA$1,175
The FultonStudio, 1 bathStudio,1BA$1,175
Sol ApartmentsApartment Type SaStudio,1BA$1,290
The Peabody Apartments1041BR,1BA$1,295
The Collar Factory LoftsThe Frisbie1BR,1BA$1,325
Flanigan Square Lofts0 bed 1 BathStudio,1BA$1,350
The Overlook1 Bedroom/1 Bath Renovated1BR,1BA$1,350
Towers on Hudson1x1A1TH1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
8 Division St3 BR, 1 BA3BR,1BA$1.31
Water's ViewErie B2BR,2BA$1.40
The Ridge ApartmentsRidge A2BR,2BA$1.63
College Suites at City Station East2 Bedroom 2 Bath2BR,2BA$1.46
The Peabody Apartments2102BR,1BA$1.73
Enclave at Duncan MeadowsOne Bedroom1BR,1BA$1.74
Towers on Hudson1x1A1TH1BR,1BA$1.75
The Collar Factory LoftsThe Frisbie1BR,1BA$1.82
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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Navigating 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.

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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 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

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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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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.

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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.

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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.