Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, NY from $600 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Downtown Troy area of Troy.

property at 109 Ida St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

109 Ida St, Unit 109 - 2

109 Ida St
TroyNY12180

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 162 River St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

162 River St, Unit SAGE APARTMENTS

162 River St
TroyNY12180
property at 3 Cypress St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

3 Cypress St

TroyNY12180

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

Cheapest Available Downtown Troy Apartments for Rent

 

The cheapest available apartment rental in the Downtown Troy area of Troy, NY is a 1 Bed unit found at Parkline Apartments priced from $1,095. The Fulton has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Downtown Troy apartments for rent in Troy, NY:

Apartment ListingModel NameBed/BathPriced From
Parkline Apartments204 E1BR,1BA$1,095
The FultonStudio, 1 bathStudio,1BA$1,175
Towers on Hudson0x1S1THStudio,1BA$1,200

Best Value Apartments for Rent in Downtown Troy, NY

As of July 07, 2026 the best value apartment in the Downtown Troy area is the $0.74 price per square foot 342 9th St Model at 342 9th St, Unit 2 floor in the in the Troy neighborhood starting from $1,500. The second greatest value Downtown Troy apartment is the 305 Jackson St Model at 305 Jackson St starting at $1,390 with a $0.81 price per square foot in the Troy neighborhood. Here is today’s list of the best values for Downtown Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
342 9th St, Unit 2 floor342 9th St3BR,1BA$0.74
305 Jackson St305 Jackson St3BR,1BA$0.81
160 River St, Unit 160160 River St2BR,1BA$1.03
126 4th St, Unit 1126 4th St1BR,1BA$0.58
159 River St, Unit 166B159 River StStudio ,1BA$1.06
1303 Hutton St, Unit 1303 Hutton street Troy1303 Hutton St3BR,1.5BA$1.25
182 River St, Unit 166 River St apt C182 River St2BR,1BA$1.13
184 River St, Unit 184 River Street184 River St1BR,1BA$1.23
164 River St, Unit 1164 River St2BR,1BA$1.18
Incite at TroyC33BR,1BA$1.19

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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Troy, Troy, NY

Ranked #1

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Troy

What type of rentals are currently available in Downtown Troy?

There are currently 213 Apartments for Rent in Downtown Troy, NY with pricing that ranges from $750 to $3,880. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $695 to $2,800.

What is the current price range for Rental Homes in Downtown Troy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Troy ranges from $695 to $2,800 with an average monthly rent of $1,634.

How much are larger Three and Four Bedroom Rentals in Downtown Troy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Troy range from $750 to $3,067, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $984.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.