Cheap Studio Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $1,150 (5 Rentals)
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.
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.
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 | $1,552 | $1,150 | $1,700 |
Downtown Troy 1 Bedroom Apartments | $1,719 | $950 | $2,349 |
Downtown Troy 2 Bedroom Apartments | $1,896 | $1,119 | $3,880 |
Downtown Troy 3 Bedroom Apartments | $1,769 | $999 | $3,306 |
Downtown Troy 4 Bedroom Apartments | $1,620 | $965 | $2,275 |
Explore Troy
Downtown Troy, Troy, NY Local Guide
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Quick Rent Budget Calculator
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.
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 $1,500.
What is the price of a cheap apartment in Downtown Troy?
The cheapest apartment in Downtown Troy is The Fulton which is listed at $1,150, while the average apartment in Downtown Troy costs $1,865.
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 $587 which is $1,278 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.

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.

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.