Cheap Apartments for Rent in the Central Business District Rochester, NY from $400 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Business District area of Rochester.

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111 On East
Rent Specials
$925 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,650

Total Monthly Price
$925 - $1,650
Studio to 1 Bedroom Apartments Available Now

111 On East

111 East AveRochester, NY 14604
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Midtown Manor Apartments
Studio to 1 Bedroom Apartments

Midtown Manor Apartments

475 E Broad StRochester, NY 14607
Senior Living
  • Utilities Included
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SoHo Center
Studio to 2 Bedroom Apartments

SoHo Center

90 Canal StRochester, NY 14608
  • Utilities Included
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Andrews Terrace
Studio to 2 Bedroom Apartments

Andrews Terrace

125 Saint Paul StRochester, NY 14604
Senior Living

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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St. Simon's Terrace
1 to 4 Bedroom Apartments

St. Simon's Terrace

360 St Paul StRochester, NY 14605
  • Utilities Included
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Gibbs Place
Studio to 1 Bedroom Apartments

Gibbs Place

35 Chestnut StRochester, NY 14604
  • Utilities Included
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East End Apartments
Studio to 2 Bedroom Apartments

East End Apartments

325 Alexander StRochester, NY 14607
  • Utilities Included
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119 Ashland St
Studio Apartments

119 Ashland St

119 Ashland StRochester, NY 14620
  • Utilities Included
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Stanton
Studio to 2 Bedroom Apartments

Stanton

240 S Goodman StRochester, NY 14607
  • Utilities Included
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Haddon Hall Apartments
Studio to 2 Bedroom Apartments

Haddon Hall Apartments

505 University AveRochester, NY 14607
  • Utilities Included
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262 S Goodman St
Studio Apartments

262 S Goodman St

262 S Goodman StRochester, NY 14607

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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221 Alexander St
Studio to 2 Bedroom Apartments

221 Alexander St

221 Alexander StRochester, NY 14607
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Park Square Apartments
Studio to 3 Bedroom Apartments

Park Square Apartments

10 Manhattan Square DrRochester, NY 14607
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The Whittier
Studio to 2 Bedroom Apartments

The Whittier

270 S Goodman StRochester, NY 14607
  • Utilities Included
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Center City Place
1 to 2 Bedroom Apartments

Center City Place

131-163 State StRochester, NY 14614
  • Utilities Included
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145 S. Fitzhugh
Studio to 1 Bedroom Apartments

145 S. Fitzhugh

145 S Fitzhugh StRochester, NY 14608
Student Housing
  • Utilities Included
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23 Brighton St
1 Bedroom Apartments

23 Brighton St

23 Brighton StRochester, NY 14607
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33-35 S Goodman St.
1 Bedroom Apartments

33-35 S Goodman St.

33 S Goodman StRochester, NY 14607
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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46-48 Harlem
Studio to 1 Bedroom Apartments

46-48 Harlem

46 Harlem StRochester, NY 14607
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Shelbourne Apartments
Studio to 2 Bedroom Apartments

Shelbourne Apartments

517 University AveRochester, NY 14607
  • Utilities Included
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Chapel Hill Apartments
Studio to 2 Bedroom Apartments

Chapel Hill Apartments

8 Prince StRochester, NY 14607
Transit Friendly
  • 3D Tour

Central Business District, Rochester, NY Local Guide

Cheapest Available Central Business District Apartments for Rent

 

The cheapest available apartment rental in the Central Business District area of Rochester, NY is a 1 Bed unit found at Franklin Street Apartments priced from $900. The Lofts at Michaels-Stern has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Central Business District apartments for rent in Rochester, NY:

Apartment ListingModel NameBed/BathPriced From
Franklin Street ApartmentsOne Bedroom1BR,1BA$900
The Lofts at Michaels-SternStudioStudio,1BA$915
111 On East0BR/1.0BAStudio,1BA$925
The Columbus BuildingS 7Studio,1BA$949
The TriangleF1BR,1BA$965
The Lofts at SearleStudioStudio,1BA$995
145 S. FitzhughStudioStudio,$1,045
Normandie Apartments0BR/1.0BAStudio,1BA$1,099
The Ambassador1BD - 1021BR,1BA$1,100

Best Value Apartments for Rent in Central Business District, NY

As of March 02, 2026 the best value apartment in the Central Business District area is the $1.25 price per square foot Single Family House Model at Cascade District Lofts in the in the Sector 10 neighborhood starting from $5,000. The second greatest value Central Business District apartment is the 2A Model at North Plymouth Terrace starting at $1,350 with a $0.93 price per square foot in the Sector 10 neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cascade District LoftsSingle Family House3BR,4BA$1.25
North Plymouth Terrace2A1BR,1BA$0.93
Kirstein LoftsTwo Bedroom2BR,2BA$1.15
Water Street CommonsTwo Bedroom2BR,1BA$1.15
9 Sumner Park, Unit 3 Upstairs9 Sumner Park2BR,1BA$1.52
Warner Lofts1 Bed 1 Bath | Classic JR1BR,1.5BA$1.30
Buckingham Commons1BR1BR,1BA$1.24
249 Central Park, Unit 1. Up Font249 Central Park2BR,1BA$1.43
44 Exchange BlvdUnit 22BR,1BA$1.48
The Lofts at Michaels-SternStudioStudio ,1BA$0.98

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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Pet Friendly Lifestyle
Central Business District, Rochester, NY

Ranked #14

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across New York, including Rochester. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Central Business District Apartments

What is a cheap apartment in Central Business District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,100.

What is the price of a cheap apartment in Central Business District?

The cheapest apartment in Central Business District is Franklin Street Apartments which is listed at $900, while the average apartment in Central Business District costs $2,939.

What types of apartments are the cheapest in Central Business District?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Central Business District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Central Business District?

Cheap apartments in Central Business District have an average cost of $301 which is $2,638 cheaper than the average rent for all rentals in Central Business District.

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 Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent article

Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent

Written by: Patrick Ryan

There has never been a better time to live in Rochester.  Also known as the Young Lion of the West and Flower City, Rochester is an underrated living space within the gorgeous Finger Lakes region.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.