
Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Troy area of Troy.


120 Jefferson St

150 4th St
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.

118 4th St, Unit Brownstone apt top floor

Cedar Park Apartments

1639 5th Ave, Unit RPI all inclusive
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.

Troy Gardens Apartments

184 River St, Unit 184 River Street

151 4th St

53 3rd St
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.

177 2nd St

401 10th St

15 2nd St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Downtown Troy, Troy, NY Local Guide

How much does it cost to rent an apartment in Downtown Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Troy Studio Apartments | $1,421 | $1,000 | $1,700 |
Downtown Troy 1 Bedroom Apartments | $1,630 | $975 | $2,234 |
Downtown Troy 2 Bedroom Apartments | $1,995 | $900 | $3,800 |
Downtown Troy 3 Bedroom Apartments | $1,887 | $975 | $3,207 |
Downtown Troy 4 Bedroom Apartments | $832 | $700 | $965 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Downtown Troy Neighborhood of Troy, NY.
See all Apartments in TroyExplore Troy
Downtown Troy, Troy, NY Local Guide
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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. Cedar Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable Downtown Troy apartments for rent in Troy, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Fulton | Studio, 1 bath | Studio,1BA | $1,150 |
Cedar Park Apartments | 1 Bedroom | 1BR,1BA | $1,230 |
Towers on Hudson | 1x1A1TH | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Downtown Troy, NY
As of June 24, 2025 the best value apartment in the Downtown Troy area is the $1.35 price per square foot Three Bedroom Model at Caldwell Apartments in the in the Downtown Troy neighborhood starting from $2,190. The second greatest value Downtown 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 Downtown Troy apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Caldwell Apartments | Three Bedroom | 3BR,1.5BA | $1.35 |
160 River St, Unit 160 | 160 River St | 2BR,1BA | $0.97 |
110 Ferry St, Unit #2 | 110 Ferry St | 2BR,1BA | $0.96 |
183 4th St, Unit 3rd Floor | 183 4th St | 1BR,1BA | $1.42 |
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 |
G Properties at Park Place, LLC | 1 Bed w/ Loft and Solarium | 2BR,1BA | $1.55 |
1639 5th Ave, Unit RPI all inclusive | 1639 5th Ave | 1BR,1BA | $1.20 |
2309 17th St, Unit 1 | 2309 17th St | 1BR,1BA | $1.33 |
118 4th St, Unit Brownstone apt top floor | 118 4th St | 1BR,1BA | $1.28 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Troy, Troy, NY
Ranked #1
Among neighborhoods in Troy, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
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 Downtown Troy Apartments
How much is rent for a Cheap One Bedroom Downtown Troy Apartment?
The lowest price for a Cheap One Bedroom Downtown Troy Apartment is $1,230 at Cedar Park Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Troy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Troy is starting from $1,650 at G Properties at Park Place, LLC.
What is the most affordable Downtown Troy Three Bedroom Apartment?
The best deal on a cheap Downtown Troy Three Bedroom Apartment rental is at Caldwell Apartments and starts from $2,190.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.