Cheap Apartments for Rent in Rensselaer, NY from $500 (89 Rentals)

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

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Spaulding Apartments
1 to 2 Bedroom Apartments

Spaulding Apartments

15-25 Forrest DrRensselaer, NY 12144
  • Utilities Included
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22 High St
1 Bedroom Apartments

22 High St

22 High StRensselaer, NY 12144
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48 Broadway
1 Bedroom Apartments

48 Broadway

48 BroadwayRensselaer, NY 12144
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The McManus
1 to 2 Bedroom Apartments

The McManus

20 Herrick StRensselaer, NY 12144
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 130 S Pearl St

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990
Total Monthly Price
$990

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

130 S Pearl St

AlbanyNY12202
property at 127 Dove St

$1,050 - $1,500

1 To 2 Bedroom Rentals

Available Now

127 Dove St

AlbanyNY12202

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.

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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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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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property at 140 Hamilton St

$1,350 - $1,500

1 To 2 Bedroom Rentals

Available Now

140 Hamilton St

AlbanyNY12207

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Rensselaer, NY Local Guide

Cheapest Available Rensselaer Apartments for Rent

 

The cheapest available apartment rental in Rensselaer, NY is a Studio unit found at 449 State St in the Whitehall neighborhood priced from $895. 287 State St in the Arbor Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $940. Here is today’s list of the most affordable Rensselaer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
449 State St0 Beds, 1 BathsStudio,1BA$895
287 State St280/2Studio,1BA$940
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
Schuyler ApartmentsSpacious Studio Minutes from Times Union, Alban...Studio,1BA$1,195
Park Hill Lane ApartmentsThe Hickory PL1BR,1BA$1,220
Dutch Village ApartmentsCStudio,1BA$1,225

Best Value Apartments for Rent in Rensselaer, NY

As of June 11, 2026 the best value apartment in the Rensselaer area is the $1.13 price per square foot 327 Hudson Ave Model at 327 Hudson Ave, Unit Apartment #1 in the in the Whitehall neighborhood starting from $2,150. The second greatest value Rensselaer apartment is the 35 Clinton Ave Model at 35 Clinton Ave, Unit UpperFloors/2Bedroom starting at $2,250 with a $1.55 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.
327 Hudson Ave, Unit Apartment #1327 Hudson Ave2BR,2.5BA$1.13
35 Clinton Ave, Unit UpperFloors/2Bedroom35 Clinton Ave2BR,2.5BA$1.55
385 Orange St385 Orange St4BR,1BA$1.31
The Monroe Apartments2BR/2.0BA2BR,2BA$1.52
840 2nd St, Unit Floor 1840 2nd St2BR,1BA$1.38
1208 Broadway, Unit 21208 Broadway3BR,1BA$1.52
396 Clinton Ave, Unit 2396 Clinton Ave3BR,1BA$1.49
246 Delaware Ave, Unit 1 East246 Delaware Ave2BR,1BA$0.99
Hinckel Brewery Apartments1BR/1.0BA1BR,1BA$1.60
Park Hill Lane ApartmentsThe Birch PL 1 - 62BR,1BA$1.63

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle

Ranked #

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

Explore Rensselaer, NY Rentals by Map

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See the most popular apartments and homes in Rensselaer, NY

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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 449 State St listed at $895.

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

The lowest price for a Cheap One Bedroom Rensselaer Apartment is $950 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 $1,390 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 Tivoli Park Apartments and starts from $1,610.

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

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

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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.