Cheap Apartments for Rent in Rensselaer, NY from $500 (90 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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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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78 Dove St
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
Studio Apartment Available Now

78 Dove St

78 Dove StAlbany, NY 12210
Affordability
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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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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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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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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.

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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 142 Morton Ave in the Whitehall neighborhood priced from $800. 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
142 Morton AveStudio, 1 BathroomStudio,1BA$800
256 state streetStudio, 1 BathroomStudio,1BA$975
363 state streetStudio, 1 BathroomStudio,1BA$1,000
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
287 State St285/2RStudio,1BA$1,150
69 Trinity PlaceSpacious Studio Minutes from Times Union, Alban...Studio,1BA$1,195

Best Value Apartments for Rent in Rensselaer, NY

As of April 26, 2026 the best value apartment in the Rensselaer area is the $1.36 price per square foot House Model at 25 Besch Ave in the in the Whitehall neighborhood starting from $3,800. 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.
25 Besch AveHouse4BR,4BA$1.36
270 Livingston Ave, Unit #1270 Livingston Ave4BR,1BA$1.06
The Monroe Apartments2BR/2.0BA2BR,2BA$1.52
Hinckel Brewery Development LLC2BR/1.0BA2BR,1BA$1.38
The Palmer House Apartments2BR/2.0BA2BR,2BA$1.57
Eagle Rock Apartments & Townhomes at RensselaerB32BR,2BA$1.56
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
69 Trinity Place1BR/1.5BA1BR,1.5BA$1.37
Park Hill Lane ApartmentsThe Hickory PL1BR,1BA$1.48
78 Dove St78 Dove StStudio ,1BA$1.50

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 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.

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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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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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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 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 $1,050 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 $1,390 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.