Cheap Homes for Rent in Downtown Schenectady Neighborhood of Schenectady, NY from $1,000 (4 Rentals)

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

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.

property at 901 Nott St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 1 Bath Townhome for Rent

Available Now

901 Nott St, Unit 1 Rear, Unit 1 Rear

901 Nott St
SchenectadyNY12308

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.

Downtown Schenectady, Schenectady, NY Local Guide

Best Value Apartments for Rent in Downtown Schenectady, NY

As of May 07, 2026 the best value apartment in the Downtown Schenectady area is the $0.56 price per square foot 15 N Jay St Model at 15 N Jay St, Unit 1 in the in the Downtown Schenectady neighborhood starting from $750. The second greatest value Downtown Schenectady apartment is the 2014 Wabash Ave Model at 2014 Wabash Ave, Unit 2nd floor starting at $1,250 with a $0.93 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.
15 N Jay St, Unit 115 N Jay St4BR,1BA$0.56
2014 Wabash Ave, Unit 2nd floor2014 Wabash Ave2BR,1BA$0.93
College Suites at Washington Square4 Bedroom 2 Bath (MF)4BR,2BA$1.66
301 Riverside Ave301 Riverside Ave1BR,1BA$1.36
The Wedgeway Apartments2BR/1.0BA2BR,1BA$1.87
Hillcrest Village Apartment HomesTwo Bedroom- 975 sqft2BR,1BA$1.55
Willowbrook Terrace Apartments2x2a2BR,2BA$1.73
The Reserve at Glenville1 Bedroom 1 Bath w/ Attached Garage1BR,1BA$2.03
81 Cheltingham Ave, Unit A- Lower Level81 Cheltingham Ave2BR,1BA$1.69
Niskayuna GardensDalewood 1BR Den1BR,1BA$2.00

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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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 #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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Frequently Asked Questions about Downtown Schenectady

What type of rentals are currently available in Downtown Schenectady?

There are currently 488 Apartments for Rent in Downtown Schenectady, NY with pricing that ranges from $750 to $3,450. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Schenectady ranging from $1,000 to $3,750.

What is the current price range for Rental Homes in Downtown Schenectady?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Schenectady ranges from $1,000 to $3,750 with an average monthly rent of $2,143.

How much are larger Three and Four Bedroom Rentals in Downtown Schenectady?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Schenectady range from $1,425 to $2,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,900. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $750.

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

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.