Cheap Apartments for Rent in Three Mile Bay, NY from $500 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in Three Mile Bay.

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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.

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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

522 Washington StWatertown, NY 13601
  • Utilities Included

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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.

Three Mile Bay, NY Local Guide

Cheapest Available Three Mile Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Three Mile Bay, NY is a Studio unit found at Arsenal Apartments priced from $520. The Solar Building Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here is today’s list of the most affordable Three Mile Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arsenal ApartmentsSmall StudioStudio,1BA$520
The Solar Building ApartmentsStudioStudio,1BA$620
City View Apartments1 Bed1BR,1BA$675
The Apartments at Madison BarracksStudio1BR,1BA$750
Kelsey Creek Apartments1 Bedroom 1 bath1BR,1BA$795

Best Value Apartments for Rent in Three Mile Bay, NY and Nearby

As of December 24, 2025 the best value apartment in the Three Mile Bay area is the $0.78 price per square foot Town Home Model at Hycliff Apartments in the starting from $1,320. The second greatest value Three Mile Bay apartment is the 3 Bedroom 2.5 Bath Townhouse Model at Parkstead Clayton starting at $1,519 with a $0.97 price per square foot . Here is today’s list of the best values for Three Mile Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hycliff ApartmentsTown Home3BR,1.5BA$0.78
Parkstead Clayton3 Bedroom 2.5 Bath Townhouse3BR,2.5BA$0.97
Emerald Acres IIStandard Unit3BR,2.5BA$1.01
Parkstead City Center2 Bed 1 Bath Garden2BR,1BA$1.18
Parkstead Black River2 Bedroom 1 Bath Garden2BR,1BA$1.13
Parkstead Watertown at Thompson Park2 Bed 1 Bath Garden2BR,1BA$1.13
Palmer Street ApartmentsTown Home2BR,1.5BA$0.95
Rose May Manor2 Bd/ 1 Ba2BR,1BA$1.22
City View Apartments1 Bed1BR,1BA$0.79
Colonial Manor Apartments1 Bedroom1BR,1BA$1.11

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Three Mile Bay Apartments

What is the Cheapest Studio apartment in Three Mile Bay?

Currently the most affordable Cheap Studio Apartment in Three Mile Bay is at Arsenal Apartments listed at $520.

How much is rent for a Cheap One Bedroom Three Mile Bay Apartment?

The lowest price for a Cheap One Bedroom Three Mile Bay Apartment is $675 at City View Apartments.

What is the lowest price for a Cheap Two Bedroom Three Mile Bay Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Three Mile Bay is starting from $820 at The Solar Building Apartments.

What is the most affordable Three Mile Bay Three Bedroom Apartment?

The best deal on a cheap Three Mile Bay Three Bedroom Apartment rental is at Kelsey Creek Apartments and starts from $1,000.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!