
Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, NY from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Troy area of Troy.


88 14th St

51 14th St
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.

169 Hutton St

1425 5th Ave
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.

260 Madison St
Downtown Troy, Troy, NY Local Guide

How much does it cost to rent a home in Downtown Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Troy 2 Bedroom Homes for Rent | $852 | $550 | $1,490 |
Downtown Troy 3 Bedroom Homes for Rent | $1,674 | $1,275 | $1,995 |
Downtown Troy 4 Bedroom Homes for Rent | $2,200 | $2,000 | $2,400 |
Downtown Troy 5 Bedroom Homes for Rent | $685 | $685 | $685 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Troy Neighborhood of Troy, NY.
Explore 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. Cedar Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. 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 |
Cedar Park Apartments | 1 Bedroom | 1BR,1BA | $1,230 |
Towers on Hudson | 1x1A1TH | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Downtown Troy, NY
As of June 24, 2025 the best value apartment in the Downtown Troy area is the $1.35 price per square foot Three Bedroom Model at Caldwell Apartments in the in the Downtown Troy neighborhood starting from $2,190. The second greatest value Downtown Troy apartment is the 160 River St Model at 160 River St, Unit 160 starting at $1,450 with a $0.97 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. |
---|---|---|---|
Caldwell Apartments | Three Bedroom | 3BR,1.5BA | $1.35 |
160 River St, Unit 160 | 160 River St | 2BR,1BA | $0.97 |
110 Ferry St, Unit #2 | 110 Ferry St | 2BR,1BA | $0.96 |
183 4th St, Unit 3rd Floor | 183 4th St | 1BR,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 |
G Properties at Park Place, LLC | 1 Bed w/ Loft and Solarium | 2BR,1BA | $1.55 |
1639 5th Ave, Unit RPI all inclusive | 1639 5th Ave | 1BR,1BA | $1.20 |
2309 17th St, Unit 1 | 2309 17th St | 1BR,1BA | $1.33 |
118 4th St, Unit Brownstone apt top floor | 118 4th St | 1BR,1BA | $1.28 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Troy
What type of rentals are currently available in Downtown Troy?
There are currently 204 Apartments for Rent in Downtown Troy, NY with pricing that ranges from $700 to $3,800. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $550 to $2,400.
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 $550 to $2,400 with an average monthly rent of $1,332.
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 $975 to $3,207, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $1,995. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $700.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.