Cheap Homes for Rent in Rensselaer, NY from $1,100 (24 Rentals)

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

property at 516 4th St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

516 4th St

TroyNY12180

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 65 Lark St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

65 Lark St, Unit 1, Unit 1

65 Lark St
AlbanyNY12210

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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property at 118 Philip St

$1,495 - $1,550

1 To 2 Bedroom Townhomes for Rent

Available Now

118 Philip St

AlbanyNY12202

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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Showing Results 1-24, Page 1 of 1

Rensselaer, NY Local Guide

Cheapest Available Rensselaer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rensselaer, NY is a Studio unit found at 142 Morton Ave in the Whitehall neighborhood priced from $800. 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$800
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 and Nearby

As of May 18, 2026 the best value apartment in the Rensselaer area is the $1.52 price per square foot 2BR/2.0BA Model at The Monroe Apartments in the in the Arbor Hill neighborhood starting from $1,999. The second greatest value Rensselaer apartment is the B3 Model at Eagle Rock Apartments & Townhomes at Rensselaer starting at $1,960 with a $1.57 price per square foot . 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.
The Monroe Apartments2BR/2.0BA2BR,2BA$1.52
Eagle Rock Apartments & Townhomes at RensselaerB32BR,2BA$1.57
1481 3rd St, Unit Apt B1481 3rd St3BR,1BA$1.25
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
69 Trinity Place1BR/1.5BA1BR,1.5BA$1.37
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.44
254 Sheridan Ave, Unit 2254 Sheridan Ave3BR,1BA$1.37
Park Hill Lane ApartmentsThe Birch PL 1 - 62BR,1BA$1.63
43 Elm St, Unit 343 Elm St1BR,1BA$1.32
64 Central Ave, Unit First Floor Studio64 Central AveStudio ,1BA$1.62

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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Frequently Asked Questions about Rensselaer

What type of rentals are currently available in Rensselaer?

There are currently 512 Apartments for Rent in Rensselaer, NY with pricing that ranges from $700 to $12,721. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $1,100 to $3,500.

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 $1,100 to $3,500 with an average monthly rent of $2,013.

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 $8,740, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,850.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.