Cheap Apartments for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $700 (32 Rentals)

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

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Parkside View
2 to 3 Bedroom Apartments

Parkside View

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

118 Jay St

118 Jay StSchenectady, NY 12305
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Edison Apartments
Studio to 2 Bedroom Apartments

Edison Apartments

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

Hillside Crossing

736 Albany StSchenectady, NY 12307
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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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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
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242 Broadway
1 to 2 Bedroom Apartments

242 Broadway

242 BroadwaySchenectady, NY 12305
  • Utilities Included

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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

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 $1,220. Hillcrest Village Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,255. Here are the most affordable Downtown Schenectady apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
Netherlands Village1 Bedroom1BR,1BA$1,220
Hillcrest Village Apartment HomesOne Bedroom- 760 sqft1BR,1BA$1,255
State and Clinton1 Bedroom A1BR,1BA$1,335
Niskayuna GardensNiskayuna 1 BR1BR,1BA$1,359
The WedgewayOne Bedroom1BR,1BA$1,549
Glen Esk Apartments1011BR,1BA$1,550

Best Value Apartments for Rent in Downtown Schenectady, NY

As of November 27, 2025 the best value apartment in the Downtown Schenectady area is the $1.31 price per square foot 349 Mohawk Ave Model at 349 Mohawk Ave, Unit 1 in the in the Downtown Schenectady neighborhood starting from $2,200. The second greatest value Downtown Schenectady apartment is the 13 N Jay St Model at 13 N Jay St, Unit 2 starting at $725 with a $0.52 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.
349 Mohawk Ave, Unit 1349 Mohawk Ave4BR,2BA$1.31
13 N Jay St, Unit 213 N Jay St1BR,1BA$0.52
Washington Square ApartmentsThe Stockade4BR,2BA$1.58
301 Riverside Ave, Unit FirstFloorFront301 Riverside Ave1BR,1BA$1.43
651 McClellan St, Unit 651 McClellan St651 McClellan St3BR,1BA$1.29
307 Division St, Unit 307 DIVISION ST307 Division St3BR,1BA$1.25
State and Clinton2 Bedroom B2BR,1BA$1.82
Willowbrook Terrace Apartments2x2a2BR,2BA$1.73
633 Hamilton St, Unit 1633 Hamilton St1BR,1BA$1.25
Hillcrest Village Apartment HomesOne Bedroom- 760 sqft1BR,1BA$1.65

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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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
Downtown Schenectady, Schenectady, NY

Ranked #2

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.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!

Getting Around the Downtown Schenectady Neighborhood in Schenectady, NY

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

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 $1,220, while the average apartment in Downtown Schenectady costs $2,200.

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 1 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 $686 which is $1,514 cheaper than the average rent for all rentals in Downtown Schenectady.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.