Cheap Apartments for Rent in Rensselaer, NY from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Rensselaer.

Willett Apartments
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.

97 Philip St

390 Clinton Ave

361 State St

11 Myrtle Ave
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.

578 Madison Ave
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.
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.
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 | $1,271 | $1,015 | $1,905 |
Cheap Rensselaer 1 Bedroom Apartments | $1,585 | $1,045 | $2,300 |
Cheap Rensselaer 2 Bedroom Apartments | $2,002 | $950 | $3,411 |
Cheap Rensselaer 3 Bedroom Apartments | $2,093 | $650 | $2,793 |
Cheap Rensselaer 4 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
Browse Top Apartments in Rensselaer
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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 $800. 336 Hudson street in the Whitehall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. 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 | $800 |
336 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
The Kenmore | 404 | Studio,1BA | $1,045 |
The Amsdell | Style A | Studio,1BA | $1,130 |
71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,150 |
Menands Gardens | Studio A | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Rensselaer, NY
As of September 15, 2025 the best value apartment in the Rensselaer area is the $1.13 price per square foot 2BD 2BA Model at Albany Lofts at One Broadway in the in the North Albany Shaker Park neighborhood starting from $2,333. The second greatest value Rensselaer apartment is the Unit 3F Model at 287 State St starting at $1,735 with a $1.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Albany Lofts at One Broadway | 2BD 2BA | 2BR,2BA | $1.13 |
287 State St | Unit 3F | 2BR,1BA | $1.16 |
Hinckel Brewery Development LLC | 1BR/1.0BA | 1BR,1BA | $1.43 |
271 Hudson Ave, Unit Garden Floor | 271 Hudson Ave | 1BR,1BA | $1.33 |
1 Ten Broeck St, Unit 3 | 1 Ten Broeck St | 2BR,1BA | $1.17 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
817 3rd St, Unit 1 | 817 3rd St | 2BR,1BA | $0.86 |
179 Elk St, Unit Floor 1 | 179 Elk St | 2BR,1BA | $1.27 |
28 Dove St, Unit 1 | 28 Dove St | 1BR,1BA | $1.50 |
241 Elm St, Unit 241 #1 | 241 Elm St | 1BR,1BA | $1.44 |
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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 $800.
How much is rent for a Cheap One Bedroom Rensselaer Apartment?
The lowest price for a Cheap One Bedroom Rensselaer Apartment is $1,150 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 $1,300 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 $1,585.
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.