Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $700 (36 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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164 River St, Unit 1
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
2 Bedroom Apartment Available May 1

164 River St, Unit 1

164 River StTroy, NY 12180
Cost Per Sq.Ft.
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159 River St, Unit 166B
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
Studio Apartment Available May 1

159 River St, Unit 166B

159 River StTroy, NY 12180
Cost Per Sq.Ft.
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444 River Lofts
Studio to 3 Bedroom Apartments

444 River Lofts

444 River StTroy, NY 12180
Student Housing
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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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213-215 4th St
2 Bedroom Apartments

213-215 4th St

213-215 4th StTroy, NY 12180
  • Utilities Included
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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
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307 25th St, Unit 307
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
1 Bedroom Apartment Available Apr 1

307 25th St, Unit 307

307 25th StWatervliet, NY 12189
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2127 2nd Ave
$1,150 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,650

Total Monthly Price
$1,150 - $1,650
1 to 3 Bedroom Apartment Available Now

2127 2nd Ave

2127 2nd AveWatervliet, NY 12189
Cost Per Sq.Ft.
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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 1 Bed unit found at Hudson Arthaus priced from $1,012. Parkline Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Downtown Troy apartments for rent in Troy, NY:

Apartment ListingModel NameBed/BathPriced From
Hudson ArthausOne Bedroom1BR,1BA$1,012
Parkline ApartmentsG4Studio,1BA$1,050
The FultonStudio, 1 bathStudio,1BA$1,175
Cedar Park ApartmentsLarge 2 Bedroom2BR,1BA$1,238
Caldwell ApartmentsStudioStudio,1BA$1,290

Best Value Apartments for Rent in Downtown Troy, NY

As of March 11, 2026 the best value apartment in the Downtown Troy area is the $1.60 price per square foot 1216 Jacob St Model at 1216 Jacob St, Unit Unit #1 in the in the Downtown Troy neighborhood starting from $2,400. The second greatest value Downtown Troy apartment is the 2127 2nd Ave Model at 2127 2nd Ave starting at $1,650 with a $1.23 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.
1216 Jacob St, Unit Unit #11216 Jacob St3BR,1BA$1.60
2127 2nd Ave2127 2nd Ave3BR,1BA$1.23
126 4th St, Unit 1126 4th St1BR,1BA$0.58
110 Williams Street Aly, Unit RPI HOUSING 2 bed110 Williams Street Aly2BR,1BA$1.00
Hendrick HudsonB1-2 | 2 Bed/ 1 Bath2BR,1BA$1.84
1639 5th Ave, Unit RPI all inclusive1639 5th Ave1BR,1BA$1.20
118 4th St, Unit Brownstone apt top floor118 4th St1BR,1BA$1.28
Towers on Hudson1x1A1TH1BR,1BA$1.75
Hudson ArthausOne Bedroom1BR,1BA$1.37
Incite at TroyB32BR,1BA$1.84

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.

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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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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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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 $1,290.

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

The cheapest apartment in Downtown Troy is Hudson Arthaus which is listed at $1,012, while the average apartment in Downtown Troy costs $3,225.

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 97 regular apartments in Downtown 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 Downtown Troy?

Cheap apartments in Downtown Troy have an average cost of $566 which is $2,659 cheaper than the average rent for all rentals in Downtown Troy.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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