Cheap Homes for Rent in Rensselaer, NY from $1,000 (18 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 96 Grand St

$1,200 - $1,300

1 To 2 Bedroom Rentals

Available Now

96 Grand 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.

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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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Showing Results 1-18, 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 449 State St in the Whitehall neighborhood priced from $895. 256 state street in the Arbor Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Rensselaer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
449 State St0 Beds, 1 BathsStudio,1BA$895
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
287 State St285/2RStudio,1BA$1,110

Best Value Apartments for Rent in Rensselaer, NY

As of July 02, 2026 the best value apartment in the Rensselaer area is the $1.55 price per square foot 35 Clinton Ave Model at 35 Clinton Ave, Unit UpperFloors/2Bedroom in the in the Arbor Hill neighborhood starting from $2,250. The second greatest value Rensselaer apartment is the 385 Orange St Model at 385 Orange St starting at $1,490 with a $1.11 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.
35 Clinton Ave, Unit UpperFloors/2Bedroom35 Clinton Ave2BR,2.5BA$1.55
385 Orange St385 Orange St4BR,1BA$1.11
840 2nd St, Unit Floor 1840 2nd St2BR,1BA$1.38
518 Broadway, Unit 1518 Broadway1BR,1BA$1.70
The Reserve at Park South1BR/1.0BA1BR,1BA$1.71
246 Delaware Ave, Unit 1 East246 Delaware Ave2BR,1BA$0.99
328 Orange St, Unit 328 Orange St328 Orange St2BR,1BA$1.39
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.60
Park Hill Lane ApartmentsThe Birch PL 1 - 62BR,1BA$1.63
40 Central Ave, Unit 2 Fifth Floor40 Central Ave1BR,1BA$1.69

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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See the most popular apartments and homes in Rensselaer, NY

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Frequently Asked Questions about Rensselaer

What type of rentals are currently available in Rensselaer?

There are currently 520 Apartments for Rent in Rensselaer, NY with pricing that ranges from $900 to $4,507. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $1,000 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 $1,000 to $3,500 with an average monthly rent of $1,988.

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 $1,390 to $4,507, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,450 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

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.