Cheap Homes for Rent in Rensselaer, NY from $300 (16 Rentals)

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property at 5 Stephen St

5 Stephen 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.

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.

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

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 $850. 363 state street in the Whitehall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Rensselaer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
363 state streetStudio, 1 BathroomStudio,1BA$1,000
256 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
252 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
44 James205Studio,1BA$1,095

Best Value Apartments for Rent in Rensselaer, NY

As of November 15, 2025 the best value apartment in the Rensselaer area is the $1.04 price per square foot 24b Thacher St Model at 24b Thacher St, Unit 24B Thacher st in the in the Arbor Hill neighborhood starting from $2,900. The second greatest value Rensselaer apartment is the 2BD 2BA Model at Albany Lofts at One Broadway starting at $2,283 with a $1.10 price per square foot in the North Albany Shaker Park 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.
24b Thacher St, Unit 24B Thacher st24b Thacher St3BR,2BA$1.04
Albany Lofts at One Broadway2BD 2BA2BR,2BA$1.10
1 Ten Broeck St, Unit Lower Level1 Ten Broeck St3BR,2BA$1.05
Stonegate ApartmentsDARBY3BR,2BA$1.37
414 Broadway, Unit 201414 Broadway1BR,1BA$1.24
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.29
412 Broadway33/341BR,1.5BA$1.31
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
Park Hill Lane ApartmentsThe Willow PL2BR,2BA$1.09
1452 Broadway, Unit 2nd floor1452 Broadway2BR,1BA$1.40

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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!

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Frequently Asked Questions about Rensselaer

What type of rentals are currently available in Rensselaer?

There are currently 510 Apartments for Rent in Rensselaer, NY with pricing that ranges from $650 to $3,461. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $350 to $3,950.

What is the current price range for Rental Homes in Rensselaer?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rensselaer ranges from $350 to $3,950 with an average monthly rent of $2,101.

How much are larger Three and Four Bedroom Rentals in Rensselaer?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rensselaer range from $1,100 to $3,461, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,500.

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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.