Cheap Apartments for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $700 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Schenectady area of Schenectady.

Wade Estates

Barney Square & W.L. Stockade Apartments

Draper Lofts Apartments

Van Buren Apartments

965 Livingston Ave

834 Union St
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.

109 Park Pl

71 N Brandywine Ave

Netherlands Village

Hampshire

110 Union St

209 N Brandywine Ave, Unit 1

Sheridan
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.
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.

1675 Avenue B - Franklin School Apartments

Hillcrest Village Apartment Homes
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 | $1,197 | $825 | $1,775 |
| Downtown Schenectady 1 Bedroom Apartments | $1,582 | $1,000 | $2,166 |
| Downtown Schenectady 2 Bedroom Apartments | $1,908 | $1,085 | $3,450 |
| Downtown Schenectady 3 Bedroom Apartments | $1,881 | $1,500 | $2,675 |
| Downtown Schenectady 4 Bedroom Apartments | $2,253 | $2,060 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 32 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
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Netherlands Village | 1 Bedroom | 1BR,1BA | $1,220 |
| Hillcrest Village Apartment Homes | One Bedroom- 760 sqft | 1BR,1BA | $1,255 |
| State and Clinton | 1 Bedroom A | 1BR,1BA | $1,335 |
| Niskayuna Gardens | Niskayuna 1 BR | 1BR,1BA | $1,359 |
| The Wedgeway | One Bedroom | 1BR,1BA | $1,549 |
| Glen Esk Apartments | 101 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 349 Mohawk Ave, Unit 1 | 349 Mohawk Ave | 4BR,2BA | $1.31 |
| 13 N Jay St, Unit 2 | 13 N Jay St | 1BR,1BA | $0.52 |
| Washington Square Apartments | The Stockade | 4BR,2BA | $1.58 |
| 301 Riverside Ave, Unit FirstFloorFront | 301 Riverside Ave | 1BR,1BA | $1.43 |
| 651 McClellan St, Unit 651 McClellan St | 651 McClellan St | 3BR,1BA | $1.29 |
| 307 Division St, Unit 307 DIVISION ST | 307 Division St | 3BR,1BA | $1.25 |
| State and Clinton | 2 Bedroom B | 2BR,1BA | $1.82 |
| Willowbrook Terrace Apartments | 2x2a | 2BR,2BA | $1.73 |
| 633 Hamilton St, Unit 1 | 633 Hamilton St | 1BR,1BA | $1.25 |
| Hillcrest Village Apartment Homes | One Bedroom- 760 sqft | 1BR,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.
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 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 #2
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!
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
















