Cheap Apartments for Rent near Putnam Valley, NY from $484 (53 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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property at 16 Ernest Ln
$1,650 - $3,950
Studio To 3 Bedroom Rentals
Available Now

16 Ernest Ln

MahopacNY10541
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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.

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Wynwood Oaks
1 Bedroom Apartments

Wynwood Oaks

1290 E Main StShrub Oak, NY 10588
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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

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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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 $1,450. 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$1,450
17 Prospect StStudioStudio, 1BA$1,500
Forge HillSMALL ONE BEDROOM1BR, 1BA$1,510
Hopewell Gardens Apartments1BR/1.0BA1BR, 1BA$1,700
Knox Village1 Bedroom1BR, 1BA$1,800
Squire Village ApartmentsOne Bedroom ( Coming Soon )1BR, 1BA$1,800
Chelsea RidgeHopewell1BR, 1BA$1,845
The Hamlet at CarmelTwo Bed One Bath2BR, 1BA$1,942
9 Catherine St0022BR, 1BA$2,000

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

As of September 19, 2026 the best value apartment in the Putnam Valley area is the $2.31 price per square foot 2560 U.S. 9 Model at 2560 U.S. 9, Unit A in the Putnam County neighborhood starting from $2,800. The second greatest value Putnam Valley apartment is the Two Bed One Bath Model at The Hamlet at Carmel in the Putnam County neighborhood starting at $1,942 with a $2.00 price per square foot. 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.
2560 U.S. 9, Unit A2560 U.S. 93BR, 2BA$2.31
The Hamlet at CarmelTwo Bed One Bath2BR, 1BA$2.00
2205 Mayor Mitchell Court2 bedroom2BR, 1BA$2.45
9 Catherine St0022BR, 1BA$2.22
Sycamore Gardens2 Beds, 1 bath2BR, 1BA$2.41
Willows at Cornwall1 Bedrom 1 Bath1BR, 1BA$2.35
Squire Village ApartmentsOne Bedroom ( Coming Soon )1BR, 1BA$2.34
Knox Village1 Bedroom1BR, 1BA$2.37
Mountain View KnollsStudioStudio, 1BA$2.42
Amber Grove1 Bed, 1 bath1BR, 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.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,450.

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 $1,942 at The Hamlet at Carmel.

What is the most affordable Putnam Valley Three Bedroom Apartment?

The best deal on a cheap Putnam Valley Three Bedroom Apartment rental is at Knox Village and starts from $2,500.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.