Cheap Apartments for Rent in Rensselaer, NY from $500 (23 Rentals)

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

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1208 Broadway, Unit 1
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
1 Bedroom Apartment Available Apr 4

1208 Broadway, Unit 1

1208 BroadwayRensselaer, NY 12144
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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
property at 51 Elm St

$1,000

1 Bedroom Rentals

Available Now

51 Elm St

AlbanyNY12202

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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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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210

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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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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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210
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363 state street
Studio to 1 Bedroom Apartments

363 state street

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

409 State St

409 State StAlbany, NY 12210
  • Utilities Included

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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The Amsdell
Studio Apartments

The Amsdell

175 Jay StAlbany, NY 12210
Corporate Housing
  • Utilities Included

Rensselaer, NY Local Guide

Cheapest Available Rensselaer Apartments for Rent

 

The cheapest available apartment rental in Rensselaer, NY is a Studio unit found at 252 state street in the Arbor Hill neighborhood priced from $850. 256 state street in the Arbor Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here is today’s list of the most affordable Rensselaer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
252 state streetStudio, 1 BathroomStudio,1BA$850
256 state streetStudio, 1 BathroomStudio,1BA$975
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
The Knick1 Bedroom G1BR,1BA$1,120
The Apartments at 66 State1B1RC1BR,1BA$1,185

Best Value Apartments for Rent in Rensselaer, NY

As of March 12, 2026 the best value apartment in the Rensselaer area is the $1.50 price per square foot 3BR/2.0BA Model at Hinckel Brewery Development LLC in the in the Whitehall neighborhood starting from $2,400. The second greatest value Rensselaer apartment is the 270 Livingston Ave Model at 270 Livingston Ave, Unit #1 starting at $1,490 with a $1.06 price per square foot in the Arbor Hill 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.
Hinckel Brewery Development LLC3BR/2.0BA3BR,2BA$1.50
270 Livingston Ave, Unit #1270 Livingston Ave4BR,1BA$1.06
Albany Lofts at One Broadway1BD 1.5BA1BR,1.5BA$1.54
412 Broadway33/341BR,1.5BA$1.31
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
69 Trinity Place1BR/1.5BA1BR,1.5BA$1.37
The McManusOne Bedroom1BR,1BA$1.47
253 Park Ave, Unit Beautiful 1 BR Apartment253 Park Ave1BR,1BA$1.20
31 Dana Ave, Unit 131 Dana Ave1BR,1BA$1.47
377 Hudson Ave, Unit 377 Hudson Avenue - 2nd F377 Hudson Ave2BR,1BA$1.41

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 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!

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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 252 state street 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 71 chestnut 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 $1,350 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 Willett Apartments and starts from $1,975.

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.

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.