
Cheap Apartments for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Schenectady area of Schenectady.


1319 Union St

Barney Square & W.L. Stockade Apartments

Draper Lofts Apartments

1319 Union St

1458 State St, Unit First Floor Front

Van Buren Apartments

965 Livingston Ave

109 Park Pl
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.

71 N Brandywine Ave

28 Columbia St

Netherlands Village

Hampshire

1701 Carrie St

1725 Union St

209 N Brandywine Ave, Unit 1

1381 Union St

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.

315 McClellan St, Unit 1F

400 Front St

13 State Street Apartments

Parkside View

118 Jay St

One 11 Liberty Street

Edison Apartments

Hillside Crossing

Redburn Stockade
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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.

Northside Village

1675 Avenue B - Franklin School Apartments

John Glen House

The Foster

Colonial Commons Apartments

242 Broadway

Schaffer Heights Senior Apartments

Hillcrest Village Apartment Homes

Scotia Manor Luxury Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,190 | $825 | $1,725 |
| Downtown Schenectady 1 Bedroom Apartments | $1,572 | $900 | $2,166 |
| Downtown Schenectady 2 Bedroom Apartments | $1,863 | $1,085 | $3,450 |
| Downtown Schenectady 3 Bedroom Apartments | $2,028 | $1,500 | $2,675 |
| Downtown Schenectady 4 Bedroom Apartments | $2,220 | $2,060 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Schenectady Neighborhood of Schenectady, NY.
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Downtown Schenectady, Schenectady, NY Local Guide
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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 Studio unit found at Barney Square & W.L. Stockade Apartments priced from $975. Netherlands Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable Downtown Schenectady apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Barney Square & W.L. Stockade Apartments | Studio | Studio,1BA | $975 |
| Netherlands Village | 1 Bedroom | 1BR,1BA | $1,220 |
| Hillcrest Village Apartment Homes | One Bedroom- 760 sqft | 1BR,1BA | $1,270 |
| 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 | $1,565 |
| The Reserve at Glenville | 1 Bedroom 1 Bath w/ Detached Garage | 1BR,1BA | $1,575 |
Best Value Apartments for Rent in Downtown Schenectady, NY
As of January 11, 2026 the best value apartment in the Downtown Schenectady area is the $0.70 price per square foot 1071 Van Velsen St Model at 1071 Van Velsen St, Unit Unit 3 downstairs in the in the Downtown Schenectady neighborhood starting from $1,600. The second greatest value Downtown Schenectady apartment is the 209 N Brandywine Ave Model at 209 N Brandywine Ave, Unit 1 starting at $1,300 with a $0.90 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. |
|---|---|---|---|
| 1071 Van Velsen St, Unit Unit 3 downstairs | 1071 Van Velsen St | 2BR,1BA | $0.70 |
| 209 N Brandywine Ave, Unit 1 | 209 N Brandywine Ave | 2BR,1BA | $0.90 |
| Washington Square Apartments | The Stockade | 4BR,2BA | $1.58 |
| 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 |
| Willowbrook Terrace Apartments | 2x2a | 2BR,2BA | $1.73 |
| Glen Esk Apartments | 101 | 1BR,1BA | $1.92 |
| Hillcrest Village Apartment Homes | One Bedroom- 760 sqft | 1BR,1BA | $1.67 |
| State and Clinton | 1 Bedroom B | 1BR,1BA | $1.84 |
| Barney Square & W.L. Stockade Apartments | Studio | Studio ,1BA | $1.88 |
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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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
What is the price of a cheap apartment in Downtown Schenectady?
The cheapest apartment in Downtown Schenectady is Barney Square & W.L. Stockade Apartments which is listed at $1,200, while the average apartment in Downtown Schenectady costs $2,100.
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 $1,414 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

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.