Cheap Homes for Rent in Downtown Schenectady Neighborhood of Schenectady, NY from $700 (6 Rentals)

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

property at 6 Harvard St

6 Harvard St

SchenectadyNY12304

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.

property at 4 Columbia St

4 Columbia St, Unit 3

4 Columbia St
SchenectadyNY12308

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.

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. Rilassare at Rivers Ledge has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. 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
Rilassare at Rivers LedgeUnit Type FStudio,1BA$1,200
Netherlands Village1 Bedroom1BR,1BA$1,209

Best Value Apartments for Rent in Downtown Schenectady, NY

As of June 16, 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

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Frequently Asked Questions about Downtown Schenectady

What type of rentals are currently available in Downtown Schenectady?

There are currently 470 Apartments for Rent in Downtown Schenectady, NY with pricing that ranges from $825 to $3,450. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Schenectady ranging from $700 to $2,750.

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 $700 to $2,750 with an average monthly rent of $1,683.

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 $1,300 to $2,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $2,295. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $1,600.

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.

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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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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.