
Cheap Homes for Rent in Putnam Valley, NY from $1,500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Putnam Valley.


3 Pine Terrace Rd

1970 E Main St

958 Phoenix Ave

105 Village Rd

16 Cozzens Ave
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.

11 Curry Rd

4 Chestnut St

43 Rome Ave

26 Forest Ln

450 Oscawana Lake Rd

18 McLaughlin Dr
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.
Putnam Valley, NY Local Guide

How much does it cost to rent a home in Putnam Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Putnam Valley 2 Bedroom Homes for Rent | $3,852 | $2,500 | $5,500 |
| Putnam Valley 3 Bedroom Homes for Rent | $4,237 | $2,600 | $8,000 |
| Putnam Valley 4 Bedroom Homes for Rent | $5,262 | $4,300 | $6,500 |
| Putnam Valley 5 Bedroom Homes for Rent | $5,995 | $5,995 | $5,995 |
| Putnam Valley 6 Bedroom Homes for Rent | $10,500 | $10,000 | $10,000+ |
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Putnam Valley, NY Local Guide
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Cheapest Available Putnam Valley Apartments for Rent
 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 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $1,600 |
| Chelsea Ridge | Hopewell | 1BR,1BA | $1,845 |
Best Value Apartments for Rent in Putnam Valley, NY
As of July 22, 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 2 Bedroom Lg Model at Hudson Commons starting at $2,900 with a $2.20 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 |
| Hudson Commons | 2 Bedroom Lg | 2BR,2BA | $2.20 |
| Mountainview Garden Apartments | Large First Floor Two Bedroom | 2BR,1BA | $2.04 |
| Mountainview Village | B3 | 2BR,1BA | $1.88 |
| 95 Main St | 2BDR 2BA Unit | 2BR,2BA | $2.25 |
| 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 | $2.05 |
| 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.
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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!
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See the most popular apartments and homes in Putnam Valley, NY
Frequently Asked Questions about Putnam Valley
What type of rentals are currently available in Putnam Valley?
There are currently 80 Apartments for Rent in Putnam Valley, NY with pricing that ranges from $484 to $5,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Putnam Valley ranging from $1,500 to $10,500.
What is the current price range for Rental Homes in Putnam Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Putnam Valley ranges from $1,500 to $10,500 with an average monthly rent of $5,418.
How much are larger Three and Four Bedroom Rentals in Putnam Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Putnam Valley range from $1,919 to $4,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $8,000. Four Bedroom Single-Family rentals are also available starting from $4,300 and Four Bedroom Apartments start at $2,140.
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.

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.

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.