Cheap Apartments for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $700 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Schenectady area of Schenectady.

property at 922 State St

$1,190 - $1,390

Total Monthly Price

Total Monthly Price

Base Rent
$1,190 - $1,390
Total Monthly Price
$1,190 - $1,390

1 To 2 Bedroom Condos for Rent

Available Now

922 State St

SchenectadyNY12307

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 901 Nott St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

3 Bedroom, 1 Bath Townhome for Rent

Available Now

901 Nott St, Unit 1 Rear

901 Nott St
SchenectadyNY12308

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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Parkside View
2 to 3 Bedroom Apartments

Parkside View

920 Albany StSchenectady, NY 12307
  • Utilities Included
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118 Jay St
1 Bedroom Apartments

118 Jay St

118 Jay StSchenectady, NY 12305
  • Utilities Included

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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Edison Apartments
Studio to 2 Bedroom Apartments

Edison Apartments

110-114 Union StSchenectady, NY 12305
  • Utilities Included
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Hillside Crossing
1 to 3 Bedroom Apartments

Hillside Crossing

736 Albany StSchenectady, NY 12307
  • Utilities Included
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Redburn Stockade
1 Bedroom Apartments

Redburn Stockade

4 Union StSchenectady, NY 12305
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148 Clinton St
Studio to 1 Bedroom Apartments

148 Clinton St

148 Clinton StSchenectady, NY 12305
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Northside Village
1 to 4 Bedroom Apartments

Northside Village

2450 Van Vranken AveSchenectady, NY 12308
  • Utilities Included
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John Glen House
1 to 2 Bedroom Apartments

John Glen House

58 Washington AveSchenectady, NY 12305
  • Utilities Included
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The Foster
Studio to 3 Bedroom Apartments

The Foster

508 State StSchenectady, NY 12305

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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Stateside Lofts
Studio to 1 Bedroom Apartments

Stateside Lofts

519 State StSchenectady, NY 12305
Student Housing
  • Utilities Included

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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Showing Results 1-45, Page 1 of 1

Downtown Schenectady, Schenectady, NY Local Guide

Cheapest Available Downtown Schenectady Apartments for Rent

 

The cheapest available apartment rental in the Downtown Schenectady area of Albany, NY is a 4 Beds unit found at College Suites at Washington Square priced from $867. Netherlands Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,239. Here are the most affordable Downtown Schenectady apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
College Suites at Washington Square4 Bedroom/2 Bath4BR,2BA$867
Netherlands Village1 Bedroom1BR,1BA$1,239
Barney Square & W.L. Stockade Apartments1BD Apartments1BR,1BA$1,295
Niskayuna GardensNiskayuna 1 BR1BR,1BA$1,299
132 Broadway LoftsApartment 2B1BR,1BA$1,325
The Lofts at Frog Alley1BR/1.0BA1BR,1BA$1,617

Best Value Apartments for Rent in Downtown Schenectady, NY

As of May 27, 2026 the best value apartment in the Downtown Schenectady area is the $0.16 price per square foot 1822 Guilderland Ave Model at 1822 Guilderland Ave, Unit 2 floor back apt in the in the Downtown Schenectady neighborhood starting from $1,600. The second greatest value Downtown Schenectady apartment is the 903 N Brandywine Ave Model at 903 N Brandywine Ave, Unit 903 starting at $1,650 with a $0.97 price per square foot in the Downtown Schenectady neighborhood. Here is today’s list of the best values for Downtown Schenectady apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1822 Guilderland Ave, Unit 2 floor back apt1822 Guilderland Ave3BR,1BA$0.16
903 N Brandywine Ave, Unit 903903 N Brandywine Ave3BR,1BA$0.97
15 N Jay St, Unit 115 N Jay St4BR,1BA$0.56
2014 Wabash Ave, Unit 2nd floor2014 Wabash Ave2BR,1BA$0.93
College Suites at Washington Square4 Bedroom 2 Bath (MF)4BR,2BA$1.66
Willowbrook Terrace Apartments2x2a2BR,2BA$1.73
Barney Square & W.L. Stockade Apartments1BD Apartments1BR,1BA$1.44
The Wedgeway Apartments1BR/1.0BA1BR,1BA$2.03
81 Cheltingham Ave, Unit A- Lower Level81 Cheltingham Ave2BR,1BA$1.69
Niskayuna GardensDalewood 1BR Den1BR,1BA$2.00

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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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
Downtown Schenectady, Schenectady, NY

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Schenectady, Schenectady, NY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across New York including Downtown Schenectady, Schenectady, and the greater Albany area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Schenectady Apartments

What is the price of a cheap apartment in Downtown Schenectady?

The cheapest apartment in Downtown Schenectady is Netherlands Village which is listed at $1,239, while the average apartment in Downtown Schenectady costs $2,000.

What types of apartments are the cheapest in Downtown Schenectady?

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 3 regular apartments in Downtown Schenectady 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 Downtown Schenectady?

Cheap apartments in Downtown Schenectady have an average cost of $909 which is $1,091 cheaper than the average rent for all rentals in Downtown Schenectady.

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.