
Cheap Apartments for Rent near Putnam Valley, NY from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Putnam Valley.


Springvale Apartments 55 + Apartments

Tompkins Terrace Apartments

Scenic Ridge at Amberlands

Olde Post Mall Apartments

Mountain View Knolls

Old Forge

Forge Hill

Squire Village Apartments

17 Prospect St
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.

Sycamore Gardens

Parkside Apartments at Croton On Hudson

Siela Apartments

Idlewild Creek Apartments

Knox Village

Chelsea Ridge

The Hamlet at Carmel

Mountainview Garden Apartments

Willows at Cornwall

9 Catherine St
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.

Mountainview Village

HudsonView Living

Total Monthly Price
8 Lent St, Unit 1A

Patricia Apartments

Total Monthly Price
60 Waterbury Pky, Unit ADU

2205 Mayor Mitchell Court

Total Monthly Price
Hopewell Gardens Apartments

Hudson Commons

Fort Hill Peekskill

2 Courtney 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.

Vista Point Apartments

Total Monthly Price
Eagle Rock Apartments at Fishkill

Clinton Street Apartments

90 Orchard Rd

Beacon Falls - Lofts at 50 Leonard

Wynwood Oaks

260 Main St

3 Pine Terrace Rd

Beacon Row Apartments

1970 E Main 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.

798 Wolcott Ave

Park Place Tower

149 Flintlock Way

322 E Boyds Rd

86 Lander St

The Lofts at Beacon

Cornwall Park Townhouses

958 Phoenix Ave

11 Curry Rd

4 Forge Gate Dr
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.
Putnam Valley, NY Local Guide

How much does it cost to rent an apartment in Putnam Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Putnam Valley Studio Apartments | $1,636 | $1,025 | $2,500 |
| Putnam Valley 1 Bedroom Apartments | $2,767 | $484 | $4,200 |
| Putnam Valley 2 Bedroom Apartments | $3,633 | $1,701 | $5,500 |
| Putnam Valley 3 Bedroom Apartments | $3,188 | $1,922 | $4,595 |
| Putnam Valley 4 Bedroom Apartments | $3,595 | $2,191 | $5,000 |
Browse Top Apartments in Putnam Valley
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Putnam Valley, NY Local Guide
- Nearby Cities
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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 $1,450. Here is today’s list of the most affordable Putnam Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amber Grove | 1 Bed, 1 bath | 1BR,1BA | $484 |
| Mountain View Knolls | Studio | Studio,1BA | $1,450 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $1,600 |
| Siela Apartments | Studio | Studio,1BA | $1,750 |
| Knox Village | 1 Bedroom | 1BR,1BA | $1,800 |
| Chelsea Ridge | Hopewell | 1BR,1BA | $1,845 |
| The Hamlet at Carmel | Three Bed One Bath | 3BR,1BA | $1,922 |
| Willows at Cornwall | 1 Bedrom 1 Bath | 1BR,1BA | $2,000 |
| 9 Catherine St | 002 | 2BR,1BA | $2,000 |
| Sycamore Gardens | 2 Beds, 1 bath | 2BR,1BA | $2,045 |
Best Value Apartments for Rent in Putnam Valley, NY and Nearby
As of July 31, 2026 the best value apartment in the Putnam Valley area is the $1.94 price per square foot Sx1 J Model at The Lofts at Beacon in the in the Beacon neighborhood starting from $3,350. The second greatest value Putnam Valley apartment is the B3 Model at Mountainview Village starting at $2,250 with a $1.88 price per square foot in the Grove at New Windsor neighborhood. Here is today’s list of the best values for Putnam Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lofts at Beacon | Sx1 J | Studio ,1BA | $1.94 |
| Mountainview Village | B3 | 2BR,1BA | $1.88 |
| 95 Main St | 2BDR 2BA Unit | 2BR,2BA | $2.25 |
| 8 Lent St, Unit 1A | 8 Lent St | 1BR,1BA | $2.10 |
| The Hamlet at Carmel | Two Bed One Bath | 2BR,1BA | $2.37 |
| 9 Catherine St | 002 | 2BR,1BA | $2.22 |
| Willows at Cornwall | 1 Bedrom 1 Bath | 1BR,1BA | $2.35 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $2.08 |
| Knox Village | 1 Bedroom | 1BR,1BA | $2.37 |
| Amber Grove | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
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.
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.
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Best Local Schools in Putnam Valley, NY
Putnam Valley Elementary School
Putnam Valley High School
Putnam Valley Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Putnam Valley, NY Rentals by Map
See the most popular apartments and homes in Putnam Valley, NY
Frequently Asked Questions about Cheap Putnam Valley Apartments
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 $2,000 at 9 Catherine St.
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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.