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Cheap Apartments for Rent in Troy, NY from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.
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120 Jefferson St
TroyNY12180
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$990Studio Apartment Available Now
7 118th St, Unit 7 118th St., Troy, NY 121
7 118th StTroy, NY 12182
15 2nd St
TroyNY12180
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.
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Rent Specials
$1,085Studio to 4 Bedroom Apartments Available Now
Caldwell Apartments
17 State StTroy, NY 12180
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$1,150 - $1,675Studio to 2 Bedroom Apartments Available Now
The Fulton
455-471 Fulton StTroy, NY 12180
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$1,195 - $1,5301 to 2 Bedroom Apartments Contact Us For Availability
Park Ridge Apartments
3 25th StTroy, NY 12180
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$1,200 - $1,650Studio to 2 Bedroom Apartments Available Aug 3
Towers on Hudson
2000 6th AveTroy, NY 12180
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Cash 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.
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166 2nd Ave
TroyNY12180
663 2nd Ave
TroyNY12182
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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.
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600 1st St
WatervlietNY12189
1824 3rd Ave
WatervlietNY12189
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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.
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1526 5th Ave
WatervlietNY12189
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$1,195 - $1,595Studio to 2 Bedroom Apartments Available Now
Menands Gardens
2 McDonald CirMenands, NY 12204
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$1,2001 Bedroom Apartment Available Now
203 5th Ave, Unit 203 5th ave front apt
203 5th AveWatervliet, NY 12189
19 Idlewild Park
WatervlietNY12189
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.
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Showing Results 1-45, Page 1 of 1
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 | $1,453 | $990 | $1,880 |
| Cheap Troy 1 Bedroom Apartments | $1,563 | $840 | $2,618 |
| Cheap Troy 2 Bedroom Apartments | $1,862 | $900 | $3,880 |
| Cheap Troy 3 Bedroom Apartments | $2,102 | $975 | $3,980 |
| Cheap Troy 4 Bedroom Apartments | $1,770 | $650 | $2,900 |
Browse Top Apartments in Troy
See all Apartments in TroyExplore Troy
Troy, NY Local Guide
Written By:
Justin HabersaatEditing Staff
- Troy Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Troy, NY
Pricing Updated: 07/30/2025Current 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 | $1,970 | $650 | 96 |
Cheapest Available Troy Apartments for Rent
The cheapest available apartment rental in Troy, NY is a 1 Bed unit found at The Valley Green priced from $895. The Delaware has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Valley Green | Shared 2 Bed 1 Bath B | 1BR,1BA | $895 |
| The Delaware | One Bedroom | 1BR,1BA | $895 |
| Caldwell Apartments | Studio | Studio,1BA | $1,085 |
| Diamond Rock Terrace Senior Apartments | 2 Bedroom | 2BR,1BA | $1,100 |
| The Overlook | 1 Bed/1 Bath Classic | 1BR,1BA | $1,100 |
| The Fulton | Studio, 1 bath | Studio,1BA | $1,150 |
| Menands Gardens | Studio A | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Troy, NY
As of July 31, 2025 the best value apartment in the Troy area is the $0.50 price per square foot 203 5th Ave Model at 203 5th Ave, Unit 203 5th ave front apt in the starting from $1,200. The second greatest value Troy apartment is the 160 River St Model at 160 River St, Unit 160 starting at $1,450 with a $0.97 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. |
|---|---|---|---|
| 203 5th Ave, Unit 203 5th ave front apt | 203 5th Ave | 1BR,1BA | $0.50 |
| 160 River St, Unit 160 | 160 River St | 2BR,1BA | $0.97 |
| 627 4th Ave, Unit 2 | 627 4th Ave | 2BR,1BA | $1.22 |
| 221 Stow Ave., Hudson Terrace | 2B/1B | 2BR,1BA | $1.35 |
| 677 2nd Ave, Unit 2 | 677 2nd Ave | 3BR,1BA | $1.41 |
| 164 River St, Unit 1 | 164 River St | 2BR,1BA | $1.18 |
| 184 River St, Unit 184 River Street | 184 River St | 1BR,1BA | $1.18 |
| Hudson Pointe | 2BR/1BA Livingston (Midrise) | 2BR,1BA | $1.31 |
| 7 118th St, Unit 7 118th St., Troy, NY 121 | 7 118th St | Studio ,1BA | $1.24 |
| The Delaware | One Bedroom | 1BR,1BA | $1.19 |
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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
Lansingburgh Central School District
Public School - Grades 9-12 (638)
4 out of 10
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
Getting Around Troy, NY
Walk Score®
66 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Caldwell Apartments listed at $1,085.
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 Valley Green.
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 $1,100 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 City Lofts of Cohoes and starts from $2,845.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.
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.