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Cheap Apartments for Rent in Troy, NY from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.
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14 103rd St
TroyNY12180
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19 120th St
TroyNY12182
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Rent Specials
$1,025 - $1,3651 Bedroom Apartments Available Now
The Peabody Apartments
625 7th AveTroy, NY 12182
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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.
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Rent Specials
$1,050 - $1,295Studio to 2 Bedroom Apartments Available Jan 1, 2026
Parkline Apartments
39-45 Congress StTroy, NY 12180
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$1,095 - $1,1251 to 2 Bedroom Apartments Available Dec 1
The Valley Green
25 Morrison AveTroy, NY 12180
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Rent Specials
$1,099 - $1,7581 to 2 Bedroom Apartments Available Now
Cedar Park Apartments
2500 Lavin CtTroy, NY 12180
157 6th Ave
TroyNY12180
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$1,175 - $1,675Studio to 2 Bedroom Apartments Available Now
The Fulton
455-471 Fulton StTroy, NY 12180
2267 Old 6th Ave
TroyNY12180
5 Andrews Rd
TroyNY12180
686 3rd Ave
TroyNY12182
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.
280 4th St
TroyNY12180
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$1,200 - $1,800Studio to 2 Bedroom Apartments Available Now
Towers on Hudson
2000 6th AveTroy, NY 12180
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278 4th St
TroyNY12180
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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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910 19th St
WatervlietNY12189
16 Cataract St
CohoesNY12047
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724 3rd Ave
WatervlietNY12189
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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$1,106 - $1,794Studio to 2 Bedroom Apartments Available Now
Highland Club Apartments
20 Eastview DrWatervliet, NY 12189
1826 3rd Ave
WatervlietNY12189
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$1,195 - $1,605Studio to 2 Bedroom Apartments Available Now
Menands Gardens
2 McDonald CirMenands, NY 12204
1526 5th Ave
WatervlietNY12189
1007 19th St
WatervlietNY12189
405 3rd Ave
WatervlietNY12189
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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Showing Results 1-44, 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 | $1,444 | $945 | $1,700 |
| Cheap Troy 1 Bedroom Apartments | $1,610 | $750 | $2,250 |
| Cheap Troy 2 Bedroom Apartments | $1,852 | $1,000 | $3,880 |
| Cheap Troy 3 Bedroom Apartments | $2,175 | $999 | $3,840 |
| Cheap Troy 4 Bedroom Apartments | $1,140 | $600 | $1,700 |
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: 11/06/2025Current 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 | $1,821 | $600 | 146 |
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. School One has the second lowest priced unit, which is a Studio apartment currently listed from $995. 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 |
| School One | Studio 1 Bath | Studio,1BA | $995 |
| Diamond Rock Terrace Senior Apartments | 2 Bedroom | 2BR,1BA | $1,100 |
| The Fulton | Studio, 1 bath | Studio,1BA | $1,175 |
| Cedar Park Apartments | Large 1 Bedroom | 1BR,1BA | $1,177 |
| Highland Club Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,184 |
| Menands Gardens | Studio A | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Troy, NY
As of November 06, 2025 the best value apartment in the Troy area is the $1.03 price per square foot 160 River St Model at 160 River St, Unit 160 in the in the Downtown Troy neighborhood starting from $1,550. The second greatest value Troy apartment is the 126 4th St Model at 126 4th St, Unit 1 starting at $750 with a $0.58 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. |
|---|---|---|---|
| 160 River St, Unit 160 | 160 River St | 2BR,1BA | $1.03 |
| 126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
| 159 River St, Unit 166B | 159 River St | Studio ,1BA | $1.06 |
| 182 River St, Unit 166 River St apt C | 182 River St | 2BR,1BA | $1.08 |
| 3044 6th Ave, Unit Apt. 1 | 3044 6th Ave | 2BR,1BA | $1.17 |
| The Ridge Apartments | Ridge F | 2BR,2BA | $1.29 |
| 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 |
| 196 1st St, Unit Apt 1 | 196 1st St | 1BR,1BA | $1.31 |
| The Delaware | One Bedroom | 1BR,1BA | $1.19 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 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.
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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
Gardner Dickinson School
Wynantskill Union Free School District
Public School - Grades PK-8 (333)
7 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 a cheap apartment in Troy?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Troy is under $1,195.
What is the price of a cheap apartment in Troy?
The cheapest apartment in Troy is The Delaware which is listed at $895, while the average apartment in Troy costs $1,821.
What types of apartments are the cheapest in Troy?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 73 regular apartments in Troy that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Troy?
Cheap apartments in Troy have an average cost of $578 which is $1,243 cheaper than the average rent for all rentals in Troy.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.