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

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Spaulding Apartments
1 Bedroom Apartments

Spaulding Apartments

15-25 Forrest DrRensselaer, NY 12144
  • Utilities Included

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property at 578 Madison Ave

578 Madison Ave

AlbanyNY12208
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PM 63 2nd Ave.
1 Bedroom Apartments

PM 63 2nd Ave.

63 2nd 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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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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142 Morton Ave
Studio Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202

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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
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69 Trinity Place
1 to 2 Bedroom Apartments

69 Trinity Place

69 Trinity PlzAlbany, NY 12202

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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. 142 Morton Ave in the Whitehall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. 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
142 Morton AveStudio, 1 BathroomStudio,1BA$850
@HudsonPark0BR/1.0BAStudio,1BA$1,100
325 State StreetStudio, 1 BathroomStudio,1BA$1,115
The AmsdellStyle AStudio,1BA$1,130
Menands GardensStudio AStudio,1BA$1,195
Tivoli Park Apartments1 Bedroom 1 Bathroom1BR,1BA$1,200
Primrose Gardens1 Bedroom, 1 Bathroom1BR,1BA$1,300
The Knick1 Bedroom R1BR,1BA$1,340

Best Value Apartments for Rent in Rensselaer, NY

As of July 31, 2025 the best value apartment in the Rensselaer area is the $0.97 price per square foot 2nd Floor Model at 8 Madison Pl in the in the Mount Hope neighborhood starting from $1,935. The second greatest value Rensselaer apartment is the 356 Hamilton St Model at 356 Hamilton St, Unit 1 starting at $2,400 with a $1.60 price per square foot in the Whitehall 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.
8 Madison Pl2nd Floor1BR,1BA$0.97
356 Hamilton St, Unit 1356 Hamilton St3BR,2.5BA$1.60
287 State StUnit 3F2BR,1BA$1.16
Stonegate ApartmentsBIRCH2BR,2BA$1.65
33 Morris St, Unit 233 Morris St3BR,1BA$1.34
Eagle Rock Apartments & Townhomes at RensselaerC13BR,2BA$1.66
Albany Lofts at One Broadway1BD 1.5BA1BR,1.5BA$1.56
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.43
412 Broadway33/341BR,1.5BA$1.31
49 Broadway, Unit floor 249 Broadway1BR,1BA$1.53

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

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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

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 $1,200 at Tivoli Park Apartments.

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 $1,250 at 252 state street.

What is the most affordable Rensselaer Three Bedroom Apartment?

The best deal on a cheap Rensselaer Three Bedroom Apartment rental is at Tivoli Park Apartments and starts from $1,585.

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.