
Cheap Apartments for Rent in Troy, NY from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


261-1S 3rd St, Unit 261 3rd.St.Apt.#2

120 Jefferson St

15 2nd St

166 2nd Ave

Cedar Park Apartments

118 4th St, Unit Brownstone apt top floor

Park Ridge Apartments

1639 5th Ave, Unit RPI all inclusive

663 2nd Ave

43 First Street

600 1st St

Menands Gardens

1526 5th Ave
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 | $1,363 | $1,100 | $1,700 |
Cheap Troy 1 Bedroom Apartments | $1,521 | $840 | $2,810 |
Cheap Troy 2 Bedroom Apartments | $1,891 | $900 | $3,800 |
Cheap Troy 3 Bedroom Apartments | $2,183 | $975 | $3,980 |
Cheap Troy 4 Bedroom Apartments | $1,651 | $700 | $2,350 |
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Troy, NY Local Guide

- Troy Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Troy, NY
Pricing Updated: 07/02/2025Current 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 | $2,000 | $700 | 53 |
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 |
The Overlook | 1 Bed/1 Bath Classic | 1BR,1BA | $1,100 |
Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
Hudson Pointe | 2BR/1BA Livingston (Midrise) | 2BR,1BA | $1,138 |
The Fulton | Studio, 1 bath | Studio,1BA | $1,150 |
Best Value Apartments for Rent in Troy, NY
As of July 02, 2025 the best value apartment in the Troy area is the $0.76 price per square foot 105 Hudson Ave Model at 105 Hudson Ave, Unit APT 2 in the starting from $1,500. 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. |
---|---|---|---|
105 Hudson Ave, Unit APT 2 | 105 Hudson Ave | 2BR,1BA | $0.76 |
160 River St, Unit 160 | 160 River St | 2BR,1BA | $0.97 |
110 Ferry St, Unit #2 | 110 Ferry St | 2BR,1BA | $0.96 |
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 |
157 3rd St, Unit 1 | 157 3rd St | 2BR,1BA | $1.30 |
1639 5th Ave, Unit RPI all inclusive | 1639 5th Ave | 1BR,1BA | $1.20 |
Hudson Pointe | 2BR/1BA Livingston (Midrise) | 2BR,1BA | $1.20 |
118 4th St, Unit Brownstone apt top floor | 118 4th St | 1BR,1BA | $1.28 |
The Delaware | One Bedroom | 1BR,1BA | $1.19 |
Quick Rent Budget Calculator
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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
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 The Fulton listed at $1,150.
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 $1,138 at Hudson Pointe.
What is the most affordable Troy Three Bedroom Apartment?
The best deal on a cheap Troy Three Bedroom Apartment rental is at Kinwood Apartments and starts from $2,026.
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.

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.

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.