
Cheap Homes for Rent in Rainbow Lake, NY from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Rainbow Lake.


279 St Paul St

65 Sailly Ave

55 S Union St

23 Charles St

41 S Willard St

80 Riggs Dr
Rainbow Lake, NY Local Guide

How much does it cost to rent a home in Rainbow Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rainbow Lake 2 Bedroom Homes for Rent | $1,954 | $1,250 | $3,050 |
Rainbow Lake 3 Bedroom Homes for Rent | $2,793 | $2,375 | $3,500 |
Rainbow Lake 4 Bedroom Homes for Rent | $3,666 | $2,800 | $4,000 |
Rainbow Lake 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent 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 $865. Meadow East Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. 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 | $865 |
Meadow East Apartments | 1 bed 1 bath | 1BR,1BA | $1,050 |
Baldwin Acres | 1BR | 1BR,1BA | $1,078 |
Best Value Apartments for Rent in Rainbow Lake, NY and Nearby
As of July 29, 2025 the best value apartment in the Rainbow Lake area is the $1.66 price per square foot Beautiful Model at 238 College St in the in the Centennial neighborhood starting from $2,500. The second greatest value Rainbow Lake apartment is the Three Bedroom Two Bath Model at THE TRAILS AT MALONE starting at $1,362 with a $1.13 price per square foot . 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. |
---|---|---|---|
238 College St | Beautiful | 3BR,1BA | $1.66 |
THE TRAILS AT MALONE | Three Bedroom Two Bath | 3BR,2BA | $1.13 |
Quarry Hill Club & Condominiums | Building 315 2 x 2 | 2BR,2BA | $2.35 |
5 Corners | 2 bed 1 bath | 2BR,1BA | $2.43 |
Keen's Crossing | Cedar | 2BR,2BA | $2.22 |
30 City Hall Pl | Two Bedroom | 2BR,1BA | $1.85 |
9 River St | 1 Bedroom | 1BR,1BA | $1.44 |
44 Leonard Ave | Jr. 1 Bedroom | 1BR,1BA | $1.86 |
Meadow East Apartments | 1 bed 1 bath | 1BR,1BA | $1.57 |
Baldwin Acres | 1BR | 1BR,1BA | $1.72 |
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Frequently Asked Questions about Rainbow Lake
What type of rentals are currently available in Rainbow Lake?
There are currently 48 Apartments for Rent in Rainbow Lake, NY with pricing that ranges from $895 to $6,200. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow Lake ranging from $1,250 to $5,000.
What is the current price range for Rental Homes in Rainbow Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainbow Lake ranges from $1,250 to $5,000 with an average monthly rent of $2,792.
How much are larger Three and Four Bedroom Rentals in Rainbow Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rainbow Lake range from $1,675 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,375 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,400.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.