Cheap Homes for Rent in Rensselaer, NY from $1,000 (17 Rentals)

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

property at 130 S Pearl St

$1,090

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

130 S Pearl 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.

property at 33 Elm St

$1,150 - $1,200

1 Bedroom Rentals

Available Now

33 Elm St

AlbanyNY12202

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.

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.

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. @HudsonPark in the Whitehall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. 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
@HudsonPark0BR/1.0BAStudio,1BA$1,050
256 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
The KnickStudio FStudio,1BA$1,095

Best Value Apartments for Rent in Rensselaer, NY

As of January 01, 2026 the best value apartment in the Rensselaer area is the $1.23 price per square foot 2BD 2BA DEN Model at Albany Lofts at One Broadway in the in the North Albany Shaker Park neighborhood starting from $2,580. The second greatest value Rensselaer apartment is the 182 Washington Ave Model at 182 Washington Ave, Unit Third floor mansion apt. starting at $2,000 with a $1.21 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.
Albany Lofts at One Broadway2BD 2BA DEN2BR,2BA$1.23
182 Washington Ave, Unit Third floor mansion apt.182 Washington Ave3BR,1BA$1.21
Hinckel Brewery Development LLC3BR/2.0BA3BR,2BA$1.50
The MonroePlan 5082BR,2BA$1.59
107 3rd Ave, Unit Neilzen107 3rd Ave3BR,1BA$1.21
412 Broadway33/341BR,1.5BA$1.31
12 Delaware Ter, Unit 2nd floor12 Delaware Ter3BR,1BA$1.58
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
44 W Van Vechten St, Unit 144 W Van Vechten St1BR,1BA$1.11
375 State Street, Unit Garden Apt375 State Street1BR,1BA$1.50

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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Frequently Asked Questions about Rensselaer

What type of rentals are currently available in Rensselaer?

There are currently 497 Apartments for Rent in Rensselaer, NY with pricing that ranges from $650 to $3,600. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $1,000 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 $1,000 to $3,950 with an average monthly rent of $1,847.

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 $1,200 to $2,694, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,100.

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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.