Cheap Apartments for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $700 (43 Rentals)

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

property at 834 Union St

$1,125 - $1,175

1 To 2 Bedroom Rentals

Available Aug 1

834 Union St

SchenectadyNY12308

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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3 State St
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
1 Bedroom Apartments Available Now

3 State St

3 State StSchenectady, NY 12305
Cost Per Sq.Ft.
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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
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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
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John Glen House
1 to 2 Bedroom Apartments

John Glen House

58 Washington AveSchenectady, NY 12305
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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
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1675 Avenue B
1 to 2 Bedroom Apartments

1675 Avenue B

1675 Avenue BSchenectady, NY 12308
Corporate Housing

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-43, 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
Niskayuna GardensNiskayuna 1 BR1BR,1BA$1,299
3 State StThe Alexandria 21BR,1BA$1,300
1675 Avenue B2 Bedrooms, 1 Bathroom2BR,1BA$1,350
Willowbrook Terrace Apartments1x11BR,1BA$1,495
13 Bancker Ave1 Beds, 1 Baths1BR,1BA$1,600
The Reserve at Glenville1 Bedroom 1 Bath w/ Detached Garage1BR,1BA$1,635

Best Value Apartments for Rent in Downtown Schenectady, NY

As of July 12, 2026 the best value apartment in the Downtown Schenectady area is the $1.38 price per square foot 250 Elm St Model at 250 Elm St, Unit FirstFloor in the in the Downtown Schenectady neighborhood starting from $1,650. The second greatest value Downtown Schenectady apartment is the 16 Hawk St Model at 16 Hawk St, Unit 16 hawk st starting at $1,950 with a $1.63 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.
250 Elm St, Unit FirstFloor250 Elm St3BR,1BA$1.38
16 Hawk St, Unit 16 hawk st16 Hawk St3BR,1BA$1.63
301 Riverside Ave, Unit Secondfloorfront301 Riverside Ave1BR,1BA$1.50
Willowbrook Terrace Apartments2x2a2BR,2BA$1.50
State and Clinton2 Bedroom C2BR,1BA$1.74
17 Western Pky, Unit 1st flr17 Western Pky2BR,1BA$1.40
3 State StThe Alexandria 21BR,1BA$1.30
Hillcrest Village Apartment HomesTwo Bedroom- 975 sqft2BR,1BA$1.70
1675 Avenue B2 Bedrooms, 1 Bathroom2BR,1BA$1.50
College Suites at Washington Square2 Bedroom/1 Bath2BR,1BA$1.30

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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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 $1,795.

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 2 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 $989 which is $806 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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.