
Cheap Apartments for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Schenectady area of Schenectady.


Total Monthly Price
315 McClellan St, Unit 2R

Draper Lofts Apartments

7 Union St

Van Buren Apartments

Total Monthly Price
1584 Van Vranken Ave, Unit R1

71 N Brandywine Ave
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.

13 State Street Apartments

Parkside View

118 Jay St

One 11 Liberty Street

Edison Apartments

Hillside Crossing

148 Clinton St
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.

Redburn Stockade

Northside Village

1675 Avenue B - Franklin School Apartments

John Glen House

The Foster

Colonial Commons Apartments

Scotia Manor Luxury Apartments
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.
Downtown Schenectady, Schenectady, NY Local Guide

How much does it cost to rent an apartment in Downtown Schenectady?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Schenectady Studio Apartments | $1,214 | $825 | $1,650 |
| Downtown Schenectady 1 Bedroom Apartments | $1,600 | $1,000 | $2,395 |
| Downtown Schenectady 2 Bedroom Apartments | $1,841 | $1,085 | $3,450 |
| Downtown Schenectady 3 Bedroom Apartments | $1,837 | $1,200 | $2,675 |
| Downtown Schenectady 4 Bedroom Apartments | $1,611 | $540 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Schenectady Neighborhood of Schenectady, NY.
See all Apartments in SchenectadyExplore Schenectady
Downtown Schenectady, Schenectady, NY Local Guide
- Nearby Schenectady neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Schenectady Apartments for Rent
 The cheapest available apartment rental in the Downtown Schenectady area of Albany, NY is a 1 Bed unit found at Netherlands Village priced from $1,270. Niskayuna Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Downtown Schenectady apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Netherlands Village | 1 Bedroom Den | 1BR,1BA | $1,270 |
| Niskayuna Gardens | Niskayuna 1 BR | 1BR,1BA | $1,299 |
| Hillcrest Village Apartment Homes | Two Bedroom- 975 sqft | 2BR,1BA | $1,330 |
| State and Clinton | 1 Bedroom A | 1BR,1BA | $1,335 |
| The Wedgeway | One Bedroom | 1BR,1BA | $1,549 |
Best Value Apartments for Rent in Downtown Schenectady, NY
As of February 25, 2026 the best value apartment in the Downtown Schenectady area is the $1.20 price per square foot 1544 Union St Model at 1544 Union St, Unit 2 in the in the Downtown Schenectady neighborhood starting from $1,800. The second greatest value Downtown Schenectady apartment is the Apartment 3B Model at 132 Broadway Lofts starting at $2,045 with a $1.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1544 Union St, Unit 2 | 1544 Union St | 3BR,1BA | $1.20 |
| 132 Broadway Lofts | Apartment 3B | 3BR,1BA | $1.38 |
| The Reserve at Glenville | 2 Bedroom 2 Bath w/ Attached Garage | 2BR,2BA | $1.39 |
| 30 Jay St, Unit 30 Jay | 30 Jay St | 2BR,1BA | $1.54 |
| 301 Riverside Ave, Unit FirstFloorFront | 301 Riverside Ave | 1BR,1BA | $1.35 |
| 1039 Palmer Ave, Unit 1037 Palmer Avenue | 1039 Palmer Ave | 3BR,1BA | $1.45 |
| Glen Esk Apartments | 102 | 2BR,1BA | $1.75 |
| Willowbrook Terrace Apartments | 2x2a | 2BR,2BA | $1.73 |
| 1616 Rugby Rd, Unit Unit 2 | 1616 Rugby Rd | 3BR,1BA | $1.36 |
| 315 McClellan St, Unit 2R | 315 McClellan St | 1BR,1BA | $1.21 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Schenectady, Schenectady, NY
Ranked #1
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Schenectady, Schenectady, NY
Schenectady High School
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
How much is rent for a Cheap One Bedroom Downtown Schenectady Apartment?
The lowest price for a Cheap One Bedroom Downtown Schenectady Apartment is $1,270 at Netherlands Village.
What is the lowest price for a Cheap Two Bedroom Downtown Schenectady Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Schenectady is starting from $1,275 at Netherlands Village.
What is the most affordable Downtown Schenectady Three Bedroom Apartment?
The best deal on a cheap Downtown Schenectady Three Bedroom Apartment rental is at Hillcrest Village Apartment Homes and starts from $1,595.
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

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.

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.

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.

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.