
Cheap Apartments for Rent near Putnam Lake, NY from $1,550 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Putnam Lake.


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Innovation Studios

Barnbeck Place

The Hamlet at Carmel

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1 Kennedy Flats Apartments

Towne Brooke Commons

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Barton Commons

THE GRAND AT BETHEL
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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Emporium Plaza Apartments

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Ashwood Valley Apartments

Orchard Place

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Brookview Commons

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Federal Road Apartments

Overlook at Fort Hill Apartments

The Grand at Stony Hill Village

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Overland Crossing
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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Residences at The Summit

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Ridgeway Place

2205 Mayor Mitchell Court

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Marin Village

Taunton Residences at Deep Brook

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Covered Bridge

Abbey Lane

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Arrive Danbury
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.

Ridgefield Commons

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Brookfield Village Apartments

7 Heron View Rd

56 Geneva Dr

5 Old Mine Rd

55 Mill Plain Rd

41 Prange Rd

60 Padanaram Rd
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.

57 Knollcrest Rd
Putnam Lake, NY Local Guide

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Cheapest Available Putnam Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Putnam Lake, NY is a Studio unit found at Simeon Village in the Danbury Newtown Monroe neighborhood priced from $1,550. Innovation Studios in the Danbury Newtown Monroe neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,625. Here is today’s list of the most affordable Putnam Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Simeon Village | Studio Unit | Studio,1BA | $1,550 |
| Innovation Studios | Studio | Studio,1BA | $1,625 |
| Barnbeck Place | EF1 | Studio,1BA | $1,850 |
| The Hamlet at Carmel | Two Bed One Bath | 2BR,1BA | $1,942 |
| Towne Brooke Commons | Hawley | 1BR,1BA | $1,970 |
| Barton Commons | 2 Bedroom | 2BR,1BA | $1,995 |
| Orchard Place | Townhouse | 1BR,1BA | $2,100 |
| Federal Road Apartments | Open One Bed 0.2A | Studio,1BA | $2,185 |
| Overlook at Fort Hill Apartments | 2 Bedroom | 2BR,1BA | $2,200 |
| Overland Crossing | Candlewood - BMR | Studio,1BA | $2,200 |
Best Value Apartments for Rent in Putnam Lake, NY and Nearby
As of August 22, 2026 the best value apartment in the Putnam Lake area is the $1.83 price per square foot Berkely Model at Mayfair Square in the in the Danbury Newtown Monroe neighborhood starting from $3,595. The second greatest value Putnam Lake apartment is the 2Br/2Bth Model at Ridgefield Commons starting at $2,525 with a $1.87 price per square foot in the Danbury Newtown Monroe neighborhood. Here is today’s list of the best values for Putnam Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mayfair Square | Berkely | 2BR,2.5BA | $1.83 |
| Ridgefield Commons | 2Br/2Bth | 2BR,2BA | $1.87 |
| The Grand at Stony Hill Village | C Floorplan | 3BR,2BA | $2.54 |
| Ridgeway Place | Concord | 2BR,2BA | $2.36 |
| Brookview Commons | BCW-B5.A-6th | 2BR,2BA | $2.74 |
| The Hamlet at Carmel | Two Bed One Bath | 2BR,1BA | $2.00 |
| Abbey Lane | A3 | 1BR,1BA | $2.69 |
| 2205 Mayor Mitchell Court | 2 bedroom | 2BR,1BA | $2.45 |
| Barton Commons | 2 Bedroom | 2BR,1BA | $2.30 |
| Orchard Place | Townhouse | 1BR,1.5BA | $2.56 |
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.

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.

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.