Cheap Apartments for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $700 (33 Rentals)

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

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.

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.

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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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Hillside Crossing
1 to 2 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 3 Bedroom Apartments

Northside Village

2450 Van Vranken AveSchenectady, NY 12308
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
1 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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 Barney Square & W.L. Stockade Apartments priced from $1,125. Netherlands Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,209. Here are the most affordable Downtown Schenectady apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
Barney Square & W.L. Stockade Apartments1BD Apartments1BR,1BA$1,125
Netherlands Village1 Bedroom1BR,1BA$1,209
132 Broadway LoftsApartment 2E1BR,1BA$1,225
Hillcrest Village Apartment HomesOne Bedroom- 760 sqft1BR,1BA$1,230
State and Clinton1 Bedroom A1BR,1BA$1,285
Van Antwerp Village Apartments1 Bedroom/1 Bath1BR,1BA$1,319
Niskayuna GardensNiskayuna 1 BR1BR,1BA$1,359
Willowbrook Terrace Apartments2x2a2BR,2BA$1,525
The Lofts at Frog AlleyShortellStudio,1BA$1,633
The Reserve at Glenville1 Bedroom 1 Bath w/ Attached Garage1BR,1BA$1,730

Best Value Apartments for Rent in Downtown Schenectady, NY

As of June 15, 2025 the best value apartment in the Downtown Schenectady area is the $1.37 price per square foot Executive Loft 2BR Model at Electric City in the in the Downtown Schenectady neighborhood starting from $2,975. The second greatest value Downtown Schenectady apartment is the SHARED 4BR unit Model at Washington Square Apartments starting at $842 with a $0.64 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.
Electric CityExecutive Loft 2BR2BR,2.5BA$1.37
Washington Square ApartmentsSHARED 4BR unit4BR,2BA$0.64
Glen Esk Apartments1043BR,2BA$1.66
824 Hampton Ave, Unit 2 - 2nd Fl824 Hampton Ave3BR,1BA$1.44
Willowbrook Terrace Apartments2x2a2BR,2BA$1.60
Barney Square & W.L. Stockade Apartments1BD Apartments1BR,1BA$1.25
The Reserve at Glenville1 Bedroom 1 Bath w/ Attached Garage1BR,1BA$1.96
State and Clinton1 Bedroom A1BR,1BA$1.52
Van Antwerp Village Apartments1 Bedroom/1 Bath1BR,1BA$1.65
Hillcrest Village Apartment HomesOne Bedroom- 760 sqft1BR,1BA$1.62

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 #3

Among neighborhoods in Schenectady, NY 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

How much is rent for a Cheap One Bedroom Downtown Schenectady Apartment?

The lowest price for a Cheap One Bedroom Downtown Schenectady Apartment is $1,125 at Barney Square & W.L. Stockade Apartments.

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 $1,359 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 Glen Esk Apartments and starts from $2,140.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.