
Cheap Apartments for Rent in Rainbow Lake, NY from $800 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Rainbow Lake.


49 W Main St

Norwood Village Apartments

Baldwin Acres

9 River St

30 City Hall Pl

Quarry Hill Club & Condominiums

Maiden Lane
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.

Olde Orchard Park Apartments

11 Park Street Apartments

Winooski Block

5 Corners

Catamount Ridge

Keen's Crossing

Millhouse West

Toad Lane
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.

247Pearl

144 Larkin Way

Pines Senior Living

THE WOOLEN MILL ASSOCIATES

Bartlett Brook

Brook Hill

1185 Shelburne

77 Residences
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.

Sunset House

43 Broadway

119 Main St

THE TRAILS AT MALONE

Meadow East Apartments

23 Elm St

377 Charlotte Rd

10 Railroad St
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.

6 Ianelli Ave

19 Grant St

279 St Paul St

25 Intervale Ave

205 N Willard St

80 Riggs Dr

Eagle Crest Senior Housing

West Edge Garden Apartments
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.

465-467-467 Colchester Ave

City West

8 S Union St

56 Wright Ave
Rainbow Lake, NY Local Guide

How much does it cost to rent an apartment in Rainbow Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainbow Lake Studio Apartments | $1,546 | $910 | $2,100 |
| Rainbow Lake 1 Bedroom Apartments | $2,008 | $1,150 | $4,600 |
| Rainbow Lake 2 Bedroom Apartments | $2,166 | $895 | $3,300 |
| Rainbow Lake 3 Bedroom Apartments | $2,075 | $1,160 | $2,640 |
| Rainbow Lake 4 Bedroom Apartments | $2,050 | $975 | $4,900 |
Browse Top Apartments in Rainbow Lake
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Rainbow Lake, NY Local Guide
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Cheapest Available Rainbow Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Rainbow Lake, NY is a Studio unit found at Potsdam Main Street Apartments priced from $875. 49 W Main St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Rainbow Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Potsdam Main Street Apartments | Standard Studio | Studio,1BA | $875 |
| 49 W Main St | WC1 | 2BR,1BA | $895 |
| Baldwin Acres | 1BR | 1BR,1BA | $1,078 |
| 9 River St | Apt 2 | 1BR,1BA | $1,150 |
| 44 Leonard Ave | Studio | Studio,1BA | $1,195 |
| THE TRAILS AT MALONE | Three Bedroom Two Bath | 3BR,2BA | $1,428 |
| 30 City Hall Pl | One Bedroom | 1BR,1BA | $1,475 |
| Quarry Hill Club & Condominiums | Building 430 Studios | Studio,1BA | $1,495 |
| Winooski Block | Winooski Block | 1 Bed with den (33 East Alle | 1BR,1BA | $1,600 |
| 11 Park Street Apartments | Studio | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Rainbow Lake, NY and Nearby
As of June 21, 2026 the best value apartment in the Rainbow Lake area is the $1.88 price per square foot SFH Model at 10 Walnut St in the in the Old North End neighborhood starting from $3,750. The second greatest value Rainbow Lake apartment is the 5 Bedroom 2 Bath Model at 56 Drew St starting at $3,200 with a $1.94 price per square foot in the Old North End neighborhood. Here is today’s list of the best values for Rainbow Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 Walnut St | SFH | 5BR,4BA | $1.88 |
| 56 Drew St | 5 Bedroom 2 Bath | 5BR,2BA | $1.94 |
| THE TRAILS AT MALONE | Three Bedroom Two Bath | 3BR,2BA | $1.19 |
| Winooski Block | Winooski Block | 1 Bed (3-15 East Allen) | 1BR,1BA | $1.61 |
| 5 Corners | 2 Bed 2 Bath | 2BR,2BA | $2.13 |
| Riverhouse | Riverhouse | 1 Bed 1 Bath with Den | 1BR,1BA | $2.37 |
| Millhouse West | West 2 Bedroom | 2BR,1BA | $2.32 |
| 30 City Hall Pl | One Bedroom | 1BR,1BA | $2.11 |
| 49 W Main St | WC1 | 2BR,1BA | $1.38 |
| Baldwin Acres | 1BR | 1BR,1BA | $1.72 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rainbow Lake, NY Rentals by Map
See the most popular apartments and homes in Rainbow Lake, NY
Frequently Asked Questions about Cheap Rainbow Lake Apartments
What is the Cheapest Studio apartment in Rainbow Lake?
Currently the most affordable Cheap Studio Apartment in Rainbow Lake is at Potsdam Main Street Apartments listed at $875.
How much is rent for a Cheap One Bedroom Rainbow Lake Apartment?
The lowest price for a Cheap One Bedroom Rainbow Lake Apartment is $1,078 at Baldwin Acres.
What is the lowest price for a Cheap Two Bedroom Rainbow Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rainbow Lake is starting from $895 at 49 W Main St.
What is the most affordable Rainbow Lake Three Bedroom Apartment?
The best deal on a cheap Rainbow Lake Three Bedroom Apartment rental is at THE TRAILS AT MALONE and starts from $1,428.
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

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.

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.