Cheap Apartments for Rent in Rensselaer, NY from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Rensselaer.

361 State St

533 Clinton Ave

Willett Apartments
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.

139 Madison Ave

51 Elm St
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Rensselaer, NY Local Guide

How much does it cost to rent an apartment in Rensselaer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Rensselaer Studio Apartments | $1,319 | $900 | $2,180 |
Cheap Rensselaer 1 Bedroom Apartments | $1,576 | $900 | $2,552 |
Cheap Rensselaer 2 Bedroom Apartments | $1,968 | $1,075 | $3,405 |
Cheap Rensselaer 3 Bedroom Apartments | $2,182 | $1,215 | $3,828 |
Cheap Rensselaer 4 Bedroom Apartments | $1,883 | $1,700 | $2,200 |
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Rensselaer, NY Local Guide
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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. 252 state street in the Arbor Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Rensselaer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $850 |
252 state street | Studio, 1 Bathroom | Studio,1BA | $900 |
338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
The Amsdell | Style A | Studio,1BA | $1,130 |
100 Chestnut St | Studio, 1 bath | Studio,1BA | $1,200 |
ArtHouse Apartments | Studio | Studio,1BA | $1,250 |
71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,255 |
930 On Broadway | 1 Bedroom E | 1BR,1BA | $1,285 |
Primrose Gardens | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,300 |
@HudsonPark | 1BR/1.0BA | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Rensselaer, NY
As of June 26, 2025 the best value apartment in the Rensselaer area is the $0.84 price per square foot The James Model at 44 James in the in the Melrose neighborhood starting from $1,895. The second greatest value Rensselaer apartment is the 368 Broadway Model at 368 Broadway, Unit 2 starting at $2,050 with a $1.21 price per square foot in the Melrose neighborhood. Here is today’s list of the best values for Rensselaer apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
44 James | The James | 2BR,1BA | $0.84 |
368 Broadway, Unit 2 | 368 Broadway | 2BR,2.5BA | $1.21 |
Hinckel Brewery Development LLC | 1BR/1.0BA | 1BR,1BA | $1.43 |
20 S Dove St, Unit 1 | 20 S Dove St | 3BR,1BA | $1.58 |
Park Hill Lane Apartments | The Elm PL - with Heat | 2BR,2BA | $1.38 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
Riverhill Apartments | Large 2 Bedroom 1 Bath | 2BR,1BA | $1.59 |
99 Pine Street | 1BR/1.0BA | 1BR,1BA | $1.42 |
49 Broadway, Unit floor 2 | 49 Broadway | 1BR,1BA | $1.53 |
8 Myrtle Ave, Unit 2 | 8 Myrtle Ave | 1BR,1BA | $1.62 |
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Getting Around Rensselaer, NY
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $991 at 142 Morton Ave.
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 $1,399 at Loudon Arms.
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
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.

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.

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.