Cheap Apartments for Rent in Troy, NY from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.

2156 5th Ave

166 2nd Ave

19 120th St

Parkline Apartments
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.

Cedar Park Apartments

280 4th St

Caldwell Apartments

The Fulton

14 103rd St
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.

Flanigan Square Lofts

686 3rd Ave

Towers on Hudson
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.

640 3rd Ave

16 Cataract St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

205 25th St

Highland Club Apartments

Village One Apartments

1826 3rd Ave

24 Cataract St

Menands Gardens

92 Ontario St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Troy, NY Local Guide

How much does it cost to rent an apartment in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Troy Studio Apartments | $1,379 | $915 | $1,705 |
| Cheap Troy 1 Bedroom Apartments | $1,571 | $750 | $2,225 |
| Cheap Troy 2 Bedroom Apartments | $1,852 | $915 | $3,880 |
| Cheap Troy 3 Bedroom Apartments | $2,139 | $775 | $3,840 |
| Cheap Troy 4 Bedroom Apartments | $1,749 | $600 | $3,235 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, NY Local Guide

- Troy Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Neighborhoods for Apartments in Troy, NY
Pricing Updated: 01/01/2026Current apartment rentals in the Troy, NY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Troy Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Troy | $3,300 | $650 | 21 |
Cheapest Available Troy Apartments for Rent
 The cheapest available apartment rental in Troy, NY is a 1 Bed unit found at The Delaware priced from $895. Village One Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Delaware | One Bedroom | 1BR,1BA | $895 |
| Village One Apartments | Studio On The Bus Line! | Studio,1BA | $1,100 |
| Highland Club Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,120 |
| Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
| The Fulton | Studio, 1 bath | Studio,1BA | $1,175 |
| Flanigan Square Lofts | 0 bed 1 Bath | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Troy, NY
As of January 01, 2026 the best value apartment in the Troy area is the $0.82 price per square foot 541 5th Ave Model at 541 5th Ave, Unit 2 in the starting from $1,850. The second greatest value Troy apartment is the 160 River St Model at 160 River St, Unit 160 starting at $1,550 with a $1.03 price per square foot in the Downtown Troy neighborhood. Here is today’s list of the best values for Troy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 541 5th Ave, Unit 2 | 541 5th Ave | 3BR,1BA | $0.82 |
| 160 River St, Unit 160 | 160 River St | 2BR,1BA | $1.03 |
| 3227 7th Ave, Unit Apartment 1 (First Floor) | 3227 7th Ave | 3BR,1BA | $1.02 |
| 126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
| 159 River St, Unit 166B | 159 River St | Studio ,1BA | $1.06 |
| 3044 6th Ave, Unit Apt. 1 | 3044 6th Ave | 2BR,1BA | $1.08 |
| 182 River St, Unit 166 River St apt C | 182 River St | 2BR,1BA | $1.08 |
| 184 River St, Unit 184 River Street | 184 River St | 1BR,1BA | $1.18 |
| 164 River St, Unit 1 | 164 River St | 2BR,1BA | $1.18 |
| The Delaware | One Bedroom | 1BR,1BA | $1.19 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Troy Overview
Located along the scenic Hudson River and just a stone's throw from the New York state capital of Albany, Troy is a historic city just waiting to make an impression. Bustling with working-class pride and home to the acclaimed Rensselaer Polytechnic Institute, this upstate New York hamlet is a fantastic place to discover.
Why live in Troy, NY?
Home to a number of higher educational institutions as well as plenty of public parks and other scenic natural perks, Troy rentals represent some of the best living in the upstate region of the Empire State. Still affectionately referred to as the 'Collar City' thanks to its history of textile production, Troy has much to offer in the way of job opportunities, as well as nearby amenities such as retail shopping.
Best Local Schools in Troy, NY
Lansingburgh Senior High School
Gardner Dickinson School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, NY Rentals by Map
See the most popular apartments and homes in Troy, NY
Frequently Asked Questions about Cheap Troy Apartments
What is the Cheapest Studio apartment in Troy?
Currently the most affordable Cheap Studio Apartment in Troy is at Village One Apartments listed at $1,100.
How much is rent for a Cheap One Bedroom Troy Apartment?
The lowest price for a Cheap One Bedroom Troy Apartment is $895 at The Delaware.
What is the lowest price for a Cheap Two Bedroom Troy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Troy is starting from $1,275 at Diamond Rock Terrace Senior Apartments.
What is the most affordable Troy Three Bedroom Apartment?
The best deal on a cheap Troy Three Bedroom Apartment rental is at Cottage Street Apartments and starts from $1,785.
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.

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.

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.

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.




















