Cheap Apartments for Rent in Rensselaer, NY from $500 (28 Rentals)

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Spaulding Apartments
1 to 2 Bedroom Apartments

Spaulding Apartments

15-25 Forrest DrRensselaer, NY 12144
  • Utilities Included
property at 91 Columbia St

$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

91 Columbia St

AlbanyNY12210

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.

property at 578 Madison Ave

$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

578 Madison Ave

AlbanyNY12208

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.

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PM 63 2nd Ave.
1 Bedroom Apartments

PM 63 2nd Ave.

63 2nd AveAlbany, NY 12202
Student Housing
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142 Morton Ave
Studio to 1 Bedroom Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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338 Hudson street
Studio to 2 Bedroom Apartments

338 Hudson street

338 Hudson AveAlbany, NY 12210

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.

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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210
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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
  • Utilities Included

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.

Rensselaer, NY Local Guide

Cheapest Available Rensselaer Apartments for Rent

 

The cheapest available apartment rental in Rensselaer, NY is a Studio unit found at 142 Morton Ave in the Whitehall neighborhood priced from $850. @HudsonPark in the Whitehall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Rensselaer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
@HudsonPark0BR/1.0BAStudio,1BA$1,050
256 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
The KnickStudio FStudio,1BA$1,095
Tivoli Park Apartments1 Bedroom 1 Bathroom1BR,1BA$1,200
Park Hill Lane ApartmentsThe Hickory PL1BR,1BA$1,200

Best Value Apartments for Rent in Rensselaer, NY

As of January 03, 2026 the best value apartment in the Rensselaer area is the $1.32 price per square foot House Model at 25 Besch Ave in the in the Whitehall neighborhood starting from $3,700. The second greatest value Rensselaer apartment is the 2BD 2BA DEN Model at Albany Lofts at One Broadway starting at $2,580 with a $1.23 price per square foot in the North Albany Shaker Park neighborhood. Here is today’s list of the best values for Rensselaer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
25 Besch AveHouse6BR,3.5BA$1.32
Albany Lofts at One Broadway2BD 2BA DEN2BR,2BA$1.23
182 Washington Ave, Unit Third floor mansion apt.182 Washington Ave3BR,1BA$1.21
427 S Pearl St, Unit 3rd Fl427 S Pearl St2BR,1BA$0.93
107 3rd Ave, Unit Neilzen107 3rd Ave3BR,1BA$1.21
412 Broadway33/341BR,1.5BA$1.31
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
15 John St, Unit 115 John St2BR,1BA$1.48
44 W Van Vechten St, Unit 144 W Van Vechten St1BR,1BA$1.11
375 State Street, Unit Garden Apt375 State Street1BR,1BA$1.50

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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

Explore Rensselaer, NY Rentals by Map

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Frequently Asked Questions about Cheap Rensselaer Apartments

What is the Cheapest Studio apartment in Rensselaer?

Currently the most affordable Cheap Studio Apartment in Rensselaer is at 142 Morton Ave listed at $850.

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

The lowest price for a Cheap One Bedroom Rensselaer Apartment is $1,050 at 256 state street.

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

Today's best deal for a Cheap Two Bedroom Apartment in Rensselaer is starting from $1,329 at Tivoli Park Apartments.

What is the most affordable Rensselaer Three Bedroom Apartment?

The best deal on a cheap Rensselaer Three Bedroom Apartment rental is at Brafferton Square Apartments and starts from $1,895.

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

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A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY

Written by: Patrick Ryan

Albany, the capital of New York state, is a renter’s haven.  With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.