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Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $600 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Troy area of Troy.
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Rent Specials
$1,050 - $1,295Studio to 2 Bedroom Apartments Available Jan 1, 2026
Parkline Apartments
39-45 Congress StTroy, NY 12180
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Rent Specials
$1,064 - $1,8331 to 2 Bedroom Apartments Available Now
Cedar Park Apartments
2500 Lavin CtTroy, NY 12180
280 4th St
TroyNY12180
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Rent Specials
$1,160 - $1,680Studio to 4 Bedroom Apartments Available Now
Caldwell Apartments
17 State StTroy, NY 12180
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.
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$1,175 - $1,800Studio to 2 Bedroom Apartments Available Now
The Fulton
455-471 Fulton StTroy, NY 12180
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$1,200 - $1,650Studio to 2 Bedroom Apartments Available Now
Towers on Hudson
2000 6th AveTroy, NY 12180
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$1,200 - $2,475Studio to 2 Bedroom Apartments Available Now
Flanigan Square Lofts
547 River StTroy, NY 12180
335 Congress St
TroyNY12180
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192 Hill St
TroyNY12180
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$1,270 - $1,4001 to 2 Bedroom Apartments Contact Us For Availability
Troy Gardens
275 Hoosick StTroy, NY 12180
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.
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$1,3002 Bedroom Apartment Available Now
182 River St, Unit 166 River St apt C
182 River StTroy, NY 12180
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$1,3001 Bedroom Apartment Available Now
184 River St, Unit 184 River Street
184 River StTroy, NY 12180
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.
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205 25th St
WatervlietNY12189
1826-1823 3rd Ave
WatervlietNY12189
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.
1826 3rd Ave
WatervlietNY12189
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Showing Results 1-30, Page 1 of 1
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 | $1,441 | $1,050 | $1,705 |
| Downtown Troy 1 Bedroom Apartments | $1,676 | $750 | $2,225 |
| Downtown Troy 2 Bedroom Apartments | $1,897 | $915 | $3,880 |
| Downtown Troy 3 Bedroom Apartments | $1,747 | $775 | $3,207 |
| Downtown Troy 4 Bedroom Apartments | $1,311 | $600 | $2,325 |
Browse Apartments in this Neighborhood
There are currently 30 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
- Nearby Troy neighborhoods
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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 $1,175. Flanigan Square Lofts 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 | $1,175 |
| Flanigan Square Lofts | 0 bed 1 Bath | Studio,1BA | $1,200 |
| The Rise Collar City | Studio D | Studio,1BA | $1,400 |
| G Properties at Park Place, LLC | 1 Bed, Rear View | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Downtown Troy, NY
As of December 17, 2025 the best value apartment in the Downtown Troy area is the $1.03 price per square foot 160 River St Model at 160 River St, Unit 160 in the in the Downtown Troy neighborhood starting from $1,550. The second greatest value Downtown Troy apartment is the 1609 Highland Ave Model at 1609 Highland Ave, Unit B starting at $2,090 with a $1.39 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. |
|---|---|---|---|
| 160 River St, Unit 160 | 160 River St | 2BR,1BA | $1.03 |
| 1609 Highland Ave, Unit B | 1609 Highland Ave | 4BR,1BA | $1.39 |
| 126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
| 159 River St, Unit 166B | 159 River St | Studio ,1BA | $1.06 |
| 182 River St, Unit 166 River St apt C | 182 River St | 2BR,1BA | $1.08 |
| 204 1st St, Unit #3 | 204 1st St | 3BR,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 |
| 2636 5th Ave, Unit 2 | 2636 5th Ave | 3BR,1BA | $1.50 |
| 46 Ida St, Unit 2 | 46 Ida St | 2BR,1BA | $1.42 |
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 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.
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How much rent can you afford?
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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If you’re an expert on all things Downtown Troy, tell us what you love (and don't) by rating it and writing a review.
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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 $1,425.
What is the price of a cheap apartment in Downtown Troy?
The cheapest apartment in Downtown Troy is Flanigan Square Lofts which is listed at $1,350, while the average apartment in Downtown Troy costs $1,802.
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 68 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 $582 which is $1,220 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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.