
Cheap Apartments for Rent in Putnam Valley, NY from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Putnam Valley.


Springvale Apartments 55 + Apartments

Tompkins Terrace Apartments

Olde Post Mall Apartments

Mountain View Knolls

Hopewell Gardens Apartments

Scenic Ridge at Amberlands
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.

Old Forge

Mountainview Garden Apartments

Squire Village Apartments

Wynwood Oaks

Hudson Pointe Senior Apartments

260 Main St

Knox Village
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.
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 | $1,840 | $1,025 | $3,484 |
| Putnam Valley 1 Bedroom Apartments | $2,537 | $484 | $4,200 |
| Putnam Valley 2 Bedroom Apartments | $3,344 | $1,383 | $5,300 |
| Putnam Valley 3 Bedroom Apartments | $2,820 | $1,599 | $4,300 |
| Putnam Valley 4 Bedroom Apartments | $1,961 | $1,783 | $2,140 |
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Putnam Valley, NY Local Guide
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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 $1,300. 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 | $1,300 |
| Scenic Ridge at Amberlands | Small Studio | Studio,1BA | $1,350 |
| Hopewell Gardens Apartments | Studio in Hopewell Junction, NY | Studio,1BA | $1,350 |
| Old Forge | 1 BEDROOM REGULAR | 1BR,1BA | $1,545 |
Best Value Apartments for Rent in Putnam Valley, NY and Nearby
As of January 23, 2026 the best value apartment in the Putnam Valley area is the $2.55 price per square foot 1304 Model at Hudson Commons in the in the Grove at New Windsor neighborhood starting from $2,700. The second greatest value Putnam Valley apartment is the Winter Welcome Special !! Beautiful Two Bedroom... Model at Mountainview Garden Apartments starting at $2,370 with a $2.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hudson Commons | 1304 | 2BR,1BA | $2.55 |
| Mountainview Garden Apartments | Winter Welcome Special !! Beautiful Two Bedroom... | 2BR,1BA | $2.53 |
| 2205 Mayor Mitchell Court | 2 bedroom | 2BR,1BA | $2.45 |
| Sycamore Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.23 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $2.08 |
| Mountainview Village | One Bedroom | 1BR,1BA | $2.43 |
| Knox Village | 1 Bedroom | 1BR,1BA | $2.05 |
| Old Forge | 1 BEDROOM REGULAR | 1BR,1BA | $2.21 |
| Idlewild Creek Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.60 |
| 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 ArticleThe 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.
Read ArticleCash 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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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
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 Knox Village and starts from $2,200.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.