Cheap Apartments for Rent in Putnam Valley, NY from $400 (55 Rentals)

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

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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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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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.

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Wynwood Oaks
1 Bedroom Apartments

Wynwood Oaks

1290 E Main StShrub Oak, NY 10588
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Knox Village
1 to 3 Bedroom Apartments

Knox Village

835 Blooming Grove TpkeNew Windsor, NY 12553

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.

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Beacon Row Apartments
Studio to 2 Bedroom Apartments

Beacon Row Apartments

65-71 E Main StBeacon, NY 12508
  • Utilities Included
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798 Wolcott Ave
1 to 2 Bedroom Apartments

798 Wolcott Ave

796-798 Wolcott AveBeacon, NY 12508
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Park Place Tower
Studio to 3 Bedroom Apartments

Park Place Tower

1 Park PlPeekskill, NY 10566
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86 Lander St
2 to 3 Bedroom Apartments

86 Lander St

86 Lander StNewburgh, NY 12550
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Putnam Valley, NY Local Guide

Cheapest Available Putnam Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Putnam Valley, NY is a 1 Bed unit found at Amber Grove in the Grove at New Windsor neighborhood priced from $484. Mountain View Knolls in the Old Hopewell Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Putnam Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Amber Grove1 Bed, 1 bath1BR,1BA$484
Mountain View KnollsStudioStudio,1BA$1,300
Scenic Ridge at AmberlandsSmall StudioStudio,1BA$1,350
Mountainview Garden ApartmentsBeautiful Renovated StudioStudio,1BA$1,550
Hopewell Gardens Apartments0BR/1.0BAStudio,1BA$1,550
Knox Village1 Bedroom1BR,1BA$1,555
Squire Village ApartmentsOne Bedroom ( Coming Soon )1BR,1BA$1,600
Mountainview VillageS1Studio,1BA$1,685
17 Prospect St1 Bedroom1BR,1BA$1,700
Idlewild Creek Apartments1 Bedroom 1 Bathroom1BR,1BA$1,742

Best Value Apartments for Rent in Putnam Valley, NY and Nearby

As of April 24, 2026 the best value apartment in the Putnam Valley area is the $2.50 price per square foot 2 bed 1.5 Bath W/ WD Model at HudsonView Living in the in the Downtown Peekskill neighborhood starting from $2,630. The second greatest value Putnam Valley apartment is the Sx1 E Model at The Lofts at Beacon starting at $2,570 with a $2.57 price per square foot in the Regency at Fishkill neighborhood. Here is today’s list of the best values for Putnam Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
HudsonView Living2 bed 1.5 Bath W/ WD2BR,1.5BA$2.50
The Lofts at BeaconSx1 EStudio ,1BA$2.57
The Hamlet at CarmelTwo Bed One Bath2BR,1BA$2.37
2205 Mayor Mitchell Court2 bedroom2BR,1BA$2.45
Sycamore Gardens2 Beds, 1 bath2BR,1BA$2.41
Squire Village ApartmentsOne Bedroom ( Coming Soon )1BR,1BA$2.08
Knox Village1 Bedroom1BR,1BA$2.05
Idlewild Creek Apartments1 Bedroom 1 Bathroom1BR,1BA$2.66
Amber Grove1 Bed, 1 bath1BR,1BA$0.86
Mountain View KnollsStudioStudio ,1BA$2.89

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Putnam Valley, NY

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Frequently Asked Questions about Cheap Putnam Valley Apartments

What is the Cheapest Studio apartment in Putnam Valley?

Currently the most affordable Cheap Studio Apartment in Putnam Valley is at Mountain View Knolls listed at $1,300.

How much is rent for a Cheap One Bedroom Putnam Valley Apartment?

The lowest price for a Cheap One Bedroom Putnam Valley Apartment is $484 at Amber Grove.

What is the lowest price for a Cheap Two Bedroom Putnam Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Putnam Valley is starting from $1,700 at Mountain View Knolls.

What is the most affordable Putnam Valley Three Bedroom Apartment?

The best deal on a cheap Putnam Valley Three Bedroom Apartment rental is at The Hamlet at Carmel and starts from $1,922.

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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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.