
Cheap Homes for Rent in the Downtown Schenectady Neighborhood of Schenectady, NY from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Schenectady area of Schenectady.


635 Crane St, Unit 3

23 Monroe St, Unit 23 1F

23 Monroe St, Unit 25 1F
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

13 Grove Pl, Unit Apt 3 Rear

913 Nott St, Unit 2nd Floor Front

232 Park Pl

1320 8th Ave
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.
Downtown Schenectady, Schenectady, NY Local Guide

How much does it cost to rent a home in Downtown Schenectady?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Schenectady 2 Bedroom Homes for Rent | $1,468 | $1,200 | $1,950 |
| Downtown Schenectady 3 Bedroom Homes for Rent | $1,852 | $1,600 | $2,550 |
| Downtown Schenectady 4 Bedroom Homes for Rent | $2,772 | $1,795 | $3,750 |
| Downtown Schenectady 6 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| College Suites at Washington Square | 4 Bedroom/2 Bath | 4BR,2BA | $867 |
| Netherlands Village | 1 Bedroom | 1BR,1BA | $1,239 |
| 3 State St | The Alexandria 2 | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Downtown Schenectady, NY
As of August 08, 2026 the best value apartment in the Downtown Schenectady area is the $1.66 price per square foot 4 Bedroom 2 Bath (MF) Model at College Suites at Washington Square in the in the Downtown Schenectady neighborhood starting from $2,163. The second greatest value Downtown Schenectady apartment is the 301 Riverside Ave Model at 301 Riverside Ave, Unit Secondfloorfront starting at $1,550 with a $1.41 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. |
|---|---|---|---|
| College Suites at Washington Square | 4 Bedroom 2 Bath (MF) | 4BR,2BA | $1.66 |
| 301 Riverside Ave, Unit Secondfloorfront | 301 Riverside Ave | 1BR,1BA | $1.41 |
| 3 State St | The Alexandria 2 | 1BR,1BA | $1.30 |
| The Reserve at Glenville | 1 Bedroom 1 Bath w/ Attached Garage | 1BR,1BA | $2.07 |
| State and Clinton | 1 Bedroom A | 1BR,1BA | $1.63 |
| 1751 Eastern Pky, Unit Apt 3 | 1751 Eastern Pky | 1BR,1BA | $1.47 |
| Hillcrest Village Apartment Homes | One Bedroom- 760 sqft | 1BR,1BA | $1.88 |
| The Lofts at Frog Alley | 1BR/1.0BA | 1BR,1BA | $2.49 |
| 13 Bancker Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.29 |
| Niskayuna Gardens | Dalewood 1BR Den | 1BR,1BA | $2.08 |
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 ArticleReal 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.
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
Frequently Asked Questions about Downtown Schenectady
What type of rentals are currently available in Downtown Schenectady?
There are currently 477 Apartments for Rent in Downtown Schenectady, NY with pricing that ranges from $825 to $3,450. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Schenectady ranging from $850 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 $850 to $3,750 with an average monthly rent of $1,782.
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 $1,500 to $2,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $867.
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

The Best Neighborhoods for Renters While Attending College in Albany
Written by: Patrick Ryan
Albany, the Capital city of New York state, is revered for its unique architecture and storied history.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.