Cheap Apartments for Rent in Troy, NY from $600 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Troy.

property at 663 2nd Ave

663 2nd Ave

TroyNY12182
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444 River Lofts
Studio to 3 Bedroom Apartments

444 River Lofts

444 River StTroy, NY 12180
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Hudson Arthaus
1 to 3 Bedroom Apartments

Hudson Arthaus

621-623 River StTroy, NY 12180
  • Utilities Included
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O'Neil Apartments
1 Bedroom Apartments

O'Neil Apartments

2121 6th AveTroy, NY 12180
Senior Living
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Hudson Pointe
2 Bedroom Apartments

Hudson Pointe

2 Stanton StTroy, NY 12180
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Mosaic Village
1 Bedroom Apartments

Mosaic Village

55 Sargent StCohoes, NY 12047
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The Delaware
1 Bedroom Apartments

The Delaware

70 Deleware AveCohoes, NY 12047
Showing Results 1-45, Page 1 of 1

Troy, NY Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Troy, NY

Pricing Updated: 07/02/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Troy$2,000$70053

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 ListingModel NameBed/BathPriced From
The Valley GreenShared 2 Bed 1 Bath B1BR,1BA$895
The DelawareOne Bedroom1BR,1BA$895
The Overlook1 Bed/1 Bath Classic1BR,1BA$1,100
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,100
Hudson Pointe2BR/1BA Livingston (Midrise)2BR,1BA$1,138
The FultonStudio, 1 bathStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
105 Hudson Ave, Unit APT 2105 Hudson Ave2BR,1BA$0.76
160 River St, Unit 160160 River St2BR,1BA$0.97
110 Ferry St, Unit #2110 Ferry St2BR,1BA$0.96
164 River St, Unit 1164 River St2BR,1BA$1.18
184 River St, Unit 184 River Street184 River St1BR,1BA$1.18
157 3rd St, Unit 1157 3rd St2BR,1BA$1.30
1639 5th Ave, Unit RPI all inclusive1639 5th Ave1BR,1BA$1.20
Hudson Pointe2BR/1BA Livingston (Midrise)2BR,1BA$1.20
118 4th St, Unit Brownstone apt top floor118 4th St1BR,1BA$1.28
The DelawareOne Bedroom1BR,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

School data provided by Great Schools

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

Explore Troy, NY Rentals by Map

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See the most popular apartments and homes in Troy, NY

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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.

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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.

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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.

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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.

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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.