Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $700 (25 Rentals)

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

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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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The Hudson
1 Bedroom Apartments

The Hudson

201 River StTroy, NY 12180
  • Utilities Included

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2 River
Studio to 3 Bedroom Apartments

2 River

2 River StTroy, NY 12180
  • Utilities Included
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400 River St
1 Bedroom Apartments

400 River St

400 River StTroy, NY 12180
  • Utilities Included

Downtown Troy, Troy, NY Local Guide

Cheapest Available Downtown Troy Apartments for Rent

 

The cheapest available apartment rental in the Downtown Troy area of Troy, NY is a Studio unit found at The Fulton priced from $1,150. Towers on Hudson has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Downtown Troy apartments for rent in Troy, NY:

Apartment ListingModel NameBed/BathPriced From
The FultonStudio, 1 bathStudio,1BA$1,150
Towers on Hudson0x1S1THStudio,1BA$1,200
213-215 4th St213 Apt. 32BR,1BA$1,200
Troy Gardens1 Bedroom1BR,1BA$1,265
Cedar Park ApartmentsLarge 2 Bedroom2BR,1BA$1,518

Best Value Apartments for Rent in Downtown Troy, NY

As of September 14, 2025 the best value apartment in the Downtown Troy area is the $1.24 price per square foot 9 Hawthorne Ave Model at 9 Hawthorne Ave, Unit 2nd floor in the in the Downtown Troy neighborhood starting from $1,800. The second greatest value Downtown Troy apartment is the 102 11th St Model at 102 11th St, Unit 2nd Flr starting at $1,590 with a $1.41 price per square foot in the Downtown Troy neighborhood. Here is today’s list of the best values for Downtown Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9 Hawthorne Ave, Unit 2nd floor9 Hawthorne Ave3BR,1BA$1.24
102 11th St, Unit 2nd Flr102 11th St3BR,1BA$1.41
2636 5th Ave, Unit 22636 5th Ave3BR,1BA$1.60
60 George St, Unit 160 George St2BR,1BA$1.45
1815 Highland Ave, Unit 21815 Highland Ave3BR,1BA$1.75
253 4th St, Unit Unit 1253 4th St1BR,1BA$1.72
35 Brunswick Ave, Unit Walt35 Brunswick Ave2BR,1BA$1.62
Cedar Park ApartmentsLarge 2 Bedroom2BR,1BA$1.79
Troy Gardens2 Bedroom2BR,1BA$1.61
213-215 4th St213 Apt. 32BR,1BA$1.71

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Pet Friendly Lifestyle
Downtown Troy, Troy, NY

Ranked #1

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Troy Neighborhood in Troy, NY

Walk Score®

88 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Downtown Troy Apartments

What is a cheap apartment in Downtown Troy?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Troy is under $1,600.

What is the price of a cheap apartment in Downtown Troy?

The cheapest apartment in Downtown Troy is Troy Gardens which is listed at $1,265, while the average apartment in Downtown Troy costs $1,985.

What types of apartments are the cheapest in Downtown 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 8 regular apartments in Downtown Troy that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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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.