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Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Troy area of Troy.
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$8751 Bedroom Apartment Available Now
261-1S 3rd St, Unit 2613rd.St.Apt.#1
261-1S 3rd StTroy, NY 12180
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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
$1,145 - $1,7601 to 2 Bedroom Apartments Available Now
Cedar Park Apartments
2500 Lavin CtTroy, 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 - $1,675Studio to 2 Bedroom Apartments Available Now
The Fulton
455-471 Fulton StTroy, NY 12180
2267 Old 6th Ave
TroyNY12180
280 4th St
TroyNY12180
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$1,200 - $1,800Studio to 2 Bedroom Apartments Available Now
Towers on Hudson
2000 6th AveTroy, NY 12180
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278 4th St
TroyNY12180
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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1826 3rd Ave
WatervlietNY12189
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.
Showing Results 1-18, 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 | $1,530 | $1,050 | $1,700 |
| Downtown Troy 1 Bedroom Apartments | $1,676 | $750 | $2,225 |
| Downtown Troy 2 Bedroom Apartments | $1,870 | $1,119 | $3,880 |
| Downtown Troy 3 Bedroom Apartments | $1,800 | $999 | $3,396 |
| Downtown Troy 4 Bedroom Apartments | $782 | $600 | $965 |
Browse Apartments in this Neighborhood
There are currently 18 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
- Nearby Cities
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- Local Counties
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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. Cedar Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,177. 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 |
| Cedar Park Apartments | Large 1 Bedroom | 1BR,1BA | $1,177 |
| 213-215 4th St | 213 Apt. 3 | 2BR,1BA | $1,200 |
| Towers on Hudson | 2x1A1TH | 2BR,1BA | $1,200 |
| Troy Gardens | 1 Bedroom | 1BR,1BA | $1,270 |
Best Value Apartments for Rent in Downtown Troy, NY
As of November 01, 2025 the best value apartment in the Downtown Troy area is the $0.58 price per square foot 126 4th St Model at 126 4th St, Unit 1 in the in the Downtown Troy neighborhood starting from $750. The second greatest value Downtown Troy apartment is the 1 Bed/ 1 Bath | A1-4 Model at 33 Second Street starting at $1,879 with a $1.76 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. |
|---|---|---|---|
| 126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
| 33 Second Street | 1 Bed/ 1 Bath | A1-4 | 1BR,1BA | $1.76 |
| Caldwell Apartments | Large Two Bedroom | 2BR,1BA | $1.64 |
| 2636 5th Ave, Unit 2 | 2636 5th Ave | 3BR,1BA | $1.50 |
| Towers on Hudson | 2x1A1TH | 2BR,1BA | $1.26 |
| Cedar Park Apartments | Large 2 Bedroom | 2BR,1BA | $1.82 |
| Troy Gardens | 2 Bedroom | 2BR,1BA | $1.62 |
| 213-215 4th St | 213 Apt. 3 | 2BR,1BA | $1.71 |
| Incite at Troy - Pricing Per Person | B3 Private Bedroom | 2BR,1BA | $1.82 |
| 261-1S 3rd St, Unit 2613rd.St.Apt.#1 | 261-1S 3rd St | 1BR,1BA | $1.46 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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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 $1,270.
What is the price of a cheap apartment in Downtown Troy?
The cheapest apartment in Downtown Troy is Cedar Park Apartments which is listed at $1,177, while the average apartment in Downtown Troy costs $1,810.
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 73 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 $575 which is $1,235 cheaper than the average rent for all rentals in Downtown Troy.
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.
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.
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.