
Cheap Homes for Rent in Downtown Schenectady Neighborhood of Schenectady, NY from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Schenectady area of Schenectady.


922 State St
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.

23 Monroe St, Unit 23 1F

5 Union St, Unit 1
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

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 | $1,630 | $1,290 | $2,100 |
| Downtown Schenectady 3 Bedroom Homes for Rent | $1,600 | $1,500 | $1,700 |
| Downtown Schenectady 4 Bedroom Homes for Rent | $2,748 | $1,795 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Downtown Schenectady, NY
As of June 21, 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 Peacock Model at The Residences at Fox Meadow starting at $2,515 with a $1.98 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 |
| The Residences at Fox Meadow | Peacock | 2BR,2BA | $1.98 |
| 1070 Helderberg Ave, Unit 1070 Helderberg Avenue, 1st Floor | 1070 Helderberg Ave | 3BR,3BA | $1.79 |
| Willowbrook Terrace Apartments | 2x2a | 2BR,2BA | $1.50 |
| 461 Hulett St, Unit Kapish Singh | 461 Hulett St | 3BR,1BA | $1.80 |
| The Reserve at Glenville | 1 Bedroom 1 Bath w/ Attached Garage | 1BR,1BA | $2.03 |
| State and Clinton | 1 Bedroom A | 1BR,1BA | $1.64 |
| 126 N College St, Unit 2 | 126 N College St | 1BR,1BA | $1.77 |
| 13 Bancker Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.29 |
| Niskayuna Gardens | Dalewood 1BR Den | 1BR,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.
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 480 Apartments for Rent in Downtown Schenectady, NY with pricing that ranges from $825 to $3,450. There are also 16 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 $1,768.
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 $1,500 to $1,700. 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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.