
Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Troy area of Troy.


Cedar Park Apartments

The Fulton

Towers on Hudson
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.

402 Williams Street Aly, Unit 1 floor

182 River St, Unit 166 River St apt C
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.

184 River St, Unit 184 River Street

401 10th St

151 4th St

192 Hill St
The 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.
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.

93 Hudson Ave
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 | $1,572 | $1,150 | $1,759 |
Downtown Troy 1 Bedroom Apartments | $1,767 | $1,000 | $2,372 |
Downtown Troy 2 Bedroom Apartments | $1,938 | $1,119 | $3,880 |
Downtown Troy 3 Bedroom Apartments | $1,804 | $999 | $3,207 |
Downtown Troy 4 Bedroom Apartments | $1,482 | $965 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 25 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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Fulton | Studio, 1 bath | Studio,1BA | $1,150 |
Towers on Hudson | 0x1S1TH | Studio,1BA | $1,200 |
213-215 4th St | 213 Apt. 3 | 2BR,1BA | $1,200 |
Troy Gardens | 1 Bedroom | 1BR,1BA | $1,265 |
Cedar Park Apartments | Large 2 Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
9 Hawthorne Ave, Unit 2nd floor | 9 Hawthorne Ave | 3BR,1BA | $1.24 |
102 11th St, Unit 2nd Flr | 102 11th St | 3BR,1BA | $1.41 |
2636 5th Ave, Unit 2 | 2636 5th Ave | 3BR,1BA | $1.60 |
60 George St, Unit 1 | 60 George St | 2BR,1BA | $1.45 |
1815 Highland Ave, Unit 2 | 1815 Highland Ave | 3BR,1BA | $1.75 |
253 4th St, Unit Unit 1 | 253 4th St | 1BR,1BA | $1.72 |
35 Brunswick Ave, Unit Walt | 35 Brunswick Ave | 2BR,1BA | $1.62 |
Cedar Park Apartments | Large 2 Bedroom | 2BR,1BA | $1.79 |
Troy Gardens | 2 Bedroom | 2BR,1BA | $1.61 |
213-215 4th St | 213 Apt. 3 | 2BR,1BA | $1.71 |
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Pet Friendly LifestyleDowntown Troy, Troy, NY
Ranked #1
Among cities in New York 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
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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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.