Cheap Homes for Rent in Rensselaer, NY from $500 (16 Rentals)

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

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.

Read Article

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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property at 147 Eagle St

147 Eagle St

AlbanyNY12202

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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property at 442 2nd St

442 2nd St

AlbanyNY12206
Showing Results 1-16, Page 1 of 1

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. 252 state street in the Arbor Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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
252 state streetStudio, 1 BathroomStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
The AmsdellStyle AStudio,1BA$1,130
100 Chestnut StStudio, 1 bathStudio,1BA$1,200

Best Value Apartments for Rent in Rensselaer, NY

As of June 20, 2025 the best value apartment in the Rensselaer area is the $0.84 price per square foot The James Model at 44 James in the in the Mount Hope neighborhood starting from $1,895. The second greatest value Rensselaer apartment is the 327 Hudson Ave Model at 327 Hudson Ave, Unit Apartment #1 starting at $2,150 with a $1.13 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.
44 JamesThe James2BR,1BA$0.84
327 Hudson Ave, Unit Apartment #1327 Hudson Ave2BR,2.5BA$1.13
368 Broadway, Unit 2368 Broadway2BR,2.5BA$1.21
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.43
20 S Dove St, Unit 120 S Dove St3BR,1BA$1.58
Park Hill Lane ApartmentsThe Elm PL - with Heat2BR,2BA$1.38
412 Broadway33/341BR,1.5BA$1.31
99 Pine Street1BR/1.0BA1BR,1BA$1.42
49 Broadway, Unit floor 249 Broadway1BR,1BA$1.53
371 Washington Ave, Unit 2371 Washington Ave1BR,1.5BA$1.59

Quick Rent Budget Calculator

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Frequently Asked Questions about Rensselaer

What type of rentals are currently available in Rensselaer?

There are currently 485 Apartments for Rent in Rensselaer, NY with pricing that ranges from $900 to $3,828. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $550 to $4,200.

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 $550 to $4,200 with an average monthly rent of $1,943.

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 $1,215 to $3,828, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,700.

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.