
Cheap Homes for Rent in Putnam Valley, NY from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Putnam Valley.


12 Mountain Ave

188 Long Hill Dr
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.

958 Phoenix Ave

1879 Crompond Rd

11 Curry Rd
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 a home in Putnam Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Putnam Valley 2 Bedroom Homes for Rent | $3,317 | $2,000 | $5,500 |
| Putnam Valley 3 Bedroom Homes for Rent | $4,020 | $2,800 | $8,000 |
| Putnam Valley 4 Bedroom Homes for Rent | $6,433 | $4,300 | $8,500 |
| Putnam Valley 6 Bedroom Homes for Rent | $10,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Putnam Valley
Explore Putnam Valley
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 |
Best Value Apartments for Rent in Putnam Valley, NY and Nearby
As of June 06, 2026 the best value apartment in the Putnam Valley area is the $2.25 price per square foot 2BDR 2BA Unit Model at 95 Main St in the starting from $2,700. The second greatest value Putnam Valley apartment is the B2 Model at Vista Point Apartments starting at $2,745 with a $2.32 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. |
|---|---|---|---|
| 95 Main St | 2BDR 2BA Unit | 2BR,2BA | $2.25 |
| Vista Point Apartments | B2 | 2BR,1BA | $2.32 |
| Mountainview Garden Apartments | Beautiful Large Two Bedroom Apartments | 2BR,1BA | $2.42 |
| Mountainview Village | B1 | 2BR,1BA | $2.21 |
| The Hamlet at Carmel | Two Bed One Bath | 2BR,1BA | $2.37 |
| 9 Catherine St | 002 | 2BR,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.
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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 Putnam Valley
What type of rentals are currently available in Putnam Valley?
There are currently 77 Apartments for Rent in Putnam Valley, NY with pricing that ranges from $484 to $5,665. There are also 35 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 $5,393.
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 $5,665, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.