
Cheap Apartments for Rent in Purchase, NY from $1,600 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Purchase.


Stepping Stones

218 Lincoln Ave

150 Lincoln Ave

169 Old Mamaroneck Rd

43 Elmwood Ave

Total Monthly Price
96 Park Ave, Unit 1

Eight Chester
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.

229 Willett Ave

66 Oak St

One Lyon Place

Rye Village Apartments

40 Barker Avenue

One Webb Avenue

The Highlands at Rye

Lake 37
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.

Total Monthly Price
Continuum

One City Place

351 Pemberwick Rd, Unit 916

The Chatham

The Prelude

Gedney House

10 Franklin Ave

Solitaire 7
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.

370 Westchester Ave

Lexington Apartments

The Mill

11 Greenridge Ave

1 Broad Pkwy

The Magellan

One Dekalb

234-254 Martine Avenue
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.

127 Maple Ave

Rye Village Apartments

325 King St

30 Lake St

Apuovia

312 Main St

199 E Post

1-3-5 Old Mamaroneck Rd
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.

14 Nosband Ave
Purchase, NY Local Guide

How much does it cost to rent an apartment in Purchase?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Purchase Studio Apartments | $2,932 | $1,600 | $5,922 |
| Purchase 1 Bedroom Apartments | $3,685 | $1,850 | $7,500 |
| Purchase 2 Bedroom Apartments | $5,185 | $2,395 | $10,000+ |
| Purchase 3 Bedroom Apartments | $6,287 | $3,300 | $10,000+ |
Browse Top Apartments in Purchase
See all Apartments in PurchaseExplore Purchase
Purchase, NY Local Guide
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Cheapest Available Purchase Apartments for Rent and Nearby
 The cheapest available apartment rental in Purchase, NY is a Studio unit found at 229 Willett Ave in the City Hall Business District neighborhood priced from $2,350. One Lyon Place in the Haviland Manor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,435. Here is today’s list of the most affordable Purchase apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 229 Willett Ave | Studio | Studio,1BA | $2,350 |
| One Lyon Place | Studios | Studio,1BA | $2,435 |
| 40 Barker Avenue | TS | SXS01 | Studio,1BA | $2,495 |
| Rye Village Apartments | 150 B14 | 1BR,1BA | $2,495 |
| The Highlands at Rye | 1 Bedroom | 1BR,1BA | $2,575 |
| Lake 37 | 1 BD 1 BA | 1BR,1BA | $2,580 |
| The Castle | The Langly | Studio,1BA | $2,654 |
| The Mitchell | S1 | Studio,1BA | $2,658 |
Best Value Apartments for Rent in Purchase, NY and Nearby
As of May 27, 2026 the best value apartment in the Purchase area is the $3.65 price per square foot 2BR/2.0BA Model at The Duet - Downtown in the in the Haviland Manor neighborhood starting from $4,614. The second greatest value Purchase apartment is the 1462 Old Orchard St Model at 1462 Old Orchard St, Unit 1 starting at $2,625 with a $2.10 price per square foot in the Quarry Heights neighborhood. Here is today’s list of the best values for Purchase apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Duet - Downtown | 2BR/2.0BA | 2BR,2BA | $3.65 |
| 1462 Old Orchard St, Unit 1 | 1462 Old Orchard St | 1BR,1BA | $2.10 |
| 224 Purchase Street | 2 Bedroom | 2BR,1BA | $3.18 |
| The Gramercy | 2 Bed/2 Bath-Dorchester | 2BR,2BA | $3.94 |
| The Halden | A04 | 1BR,1BA | $4.07 |
| 15 Bank Apartments | Greenway 1 Bed 1 Bath | 1BR,1BA | $3.76 |
| The Highlands at Rye | 1 Bedroom | 1BR,1BA | $3.68 |
| The Metro | B5 | 1BR,1BA | $4.17 |
| Rye Village Apartments | 150 B14 | 1BR,1BA | $3.90 |
| 162 S Broadway, Unit Basement | 162 S Broadway | Studio ,1BA | $4.00 |
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 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Purchase, NY
Frequently Asked Questions about Cheap Purchase Apartments
What is the Cheapest Studio apartment in Purchase?
Currently the most affordable Cheap Studio Apartment in Purchase is at 229 Willett Ave listed at $2,350.
How much is rent for a Cheap One Bedroom Purchase Apartment?
The lowest price for a Cheap One Bedroom Purchase Apartment is $2,495 at Rye Village Apartments.
What is the lowest price for a Cheap Two Bedroom Purchase Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Purchase is starting from $3,140 at Lake 37.
What is the most affordable Purchase Three Bedroom Apartment?
The best deal on a cheap Purchase Three Bedroom Apartment rental is at 229 Willett Ave and starts from $5,100.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.