Cheap Apartments for Rent in Redwood, NY from $500 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in Redwood.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Redwood, NY Local Guide

Cheapest Available Redwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Redwood, NY is a Studio unit found at Arsenal Apartments priced from $520. The Solar Building Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here is today’s list of the most affordable Redwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arsenal ApartmentsSmall StudioStudio,1BA$520
The Solar Building ApartmentsStudioStudio,1BA$620
City View Apartments1 Bed1BR,1BA$675
The Apartments at Madison BarracksStudio1BR,1BA$750
Kelsey Creek Apartments1 Bedroom 1 bath1BR,1BA$795

Best Value Apartments for Rent in Redwood, NY and Nearby

As of May 27, 2025 the best value apartment in the Redwood area is the $0.78 price per square foot Town Home Model at Hycliff Apartments in the starting from $1,320. The second greatest value Redwood apartment is the 4 Bedroom 2 Bath Garden Model at Parkstead Clayton starting at $1,590 with a $0.96 price per square foot . Here is today’s list of the best values for Redwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hycliff ApartmentsTown Home3BR,1.5BA$0.78
Parkstead Clayton4 Bedroom 2 Bath Garden4BR,2BA$0.96
Parkstead Philadelphia3 Bed 2.5 Bath Townhouse3BR,2.5BA$0.94
Emerald Acres IIStandard Unit3BR,2.5BA$1.01
Beaver Meadow ApartmentsB ADA2BR,2BA$0.76
Parkstead Watertown at Thompson Park2 Bed 1 Bath Garden2BR,1BA$0.87
Parkstead Gouverneur2 Bed 1 Bath Garden2BR,1BA$0.98
Palmer Street ApartmentsTown Home2BR,1.5BA$0.95
College Heights2 Bedroom2BR,1BA$0.95
9 Market Street49 Market - Two Bedrooms2BR,1BA$0.86

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Redwood, NY Rentals by Map

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Getting Around Redwood, NY

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Redwood Apartments

What is the Cheapest Studio apartment in Redwood?

Currently the most affordable Cheap Studio Apartment in Redwood is at Arsenal Apartments listed at $520.

How much is rent for a Cheap One Bedroom Redwood Apartment?

The lowest price for a Cheap One Bedroom Redwood Apartment is $675 at City View Apartments.

What is the lowest price for a Cheap Two Bedroom Redwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Redwood is starting from $820 at The Solar Building Apartments.

What is the most affordable Redwood Three Bedroom Apartment?

The best deal on a cheap Redwood Three Bedroom Apartment rental is at Kelsey Creek Apartments and starts from $1,000.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.