
Cheap Apartments for Rent in Putnam Valley, NY from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Putnam Valley.


Springvale Apartments 55 + Apartments

Tompkins Terrace Apartments

Mountain View Knolls

Scenic Ridge at Amberlands

Olde Post Mall Apartments

Old Forge

Forge Hill

Squire Village Apartments

17 Prospect 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.

Sycamore Gardens

Oak Mountain

Siela Apartments

Idlewild Creek Apartments

Chelsea Ridge

1143 E Main St

The Hamlet at Carmel

Mountainview Village

Willows at Cornwall

9 Catherine St
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.

Mountainview Garden Apartments

HudsonView Living

Patricia Apartments

Total Monthly Price
Eagle Rock Apartments at Fishkill

Total Monthly Price
Hopewell Gardens

2205 Mayor Mitchell Court

Hudson Commons

2 Courtney Ave

1225 E Main St

Beacon Falls - Lofts at 50 Leonard
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.

Vista Point Apartments

344 Main

Total Monthly Price
95 Main St

Eagle Rock Apartments at Mohegan Lake

Wynwood Oaks

260 Main St

Knox Village

3 Pine Terrace Rd

Beacon Row Apartments

798 Wolcott Ave
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.

Park Place Tower

12 Mountain Ave

86 Lander St

Fort Hill Peekskill

188 Long Hill Dr

958 Phoenix Ave

1879 Crompond Rd

Cornwall Park Townhouses

11 Curry Rd

16 Cozzens 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.
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 | $1,721 | $1,025 | $3,484 |
| Putnam Valley 1 Bedroom Apartments | $2,741 | $484 | $4,200 |
| Putnam Valley 2 Bedroom Apartments | $3,642 | $1,660 | $5,500 |
| Putnam Valley 3 Bedroom Apartments | $3,221 | $1,919 | $5,665 |
| Putnam Valley 4 Bedroom Apartments | $3,570 | $2,140 | $5,000 |
Browse Top Apartments in Putnam Valley
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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 |
| Knox Village | 1 Bedroom | 1BR,1BA | $1,555 |
| 17 Prospect St | Studio | Studio,1BA | $1,600 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $1,600 |
| Chelsea Ridge | Hopewell | 1BR,1BA | $1,845 |
| The Hamlet at Carmel | Three Bed One Bath | 3BR,1BA | $1,922 |
| Mountainview Village | A2 | 1BR,1BA | $1,995 |
| 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 June 15, 2026 the best value apartment in the Putnam Valley area is the $2.03 price per square foot 3 Bedroom Model at Hudson Commons in the in the Grove at New Windsor neighborhood starting from $3,250. The second greatest value Putnam Valley apartment is the 2BDR 2BA Unit Model at 95 Main St starting at $2,700 with a $2.25 price per square foot . 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 | 3 Bedroom | 3BR,2BA | $2.03 |
| 95 Main St | 2BDR 2BA Unit | 2BR,2BA | $2.25 |
| Mountainview Garden Apartments | Beautiful Large Two Bedroom Apartments | 2BR,1BA | $2.42 |
| The Hamlet at Carmel | Two Bed One Bath | 2BR,1BA | $2.37 |
| 9 Catherine St | 002 | 2BR,1BA | $2.22 |
| Mountainview Village | A2 | 1BR,1BA | $2.22 |
| Sycamore Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.41 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $2.08 |
| Knox Village | 1 Bedroom | 1BR,1BA | $2.05 |
| 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.
Pet Friendly Lifestyle
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Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
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 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.