Cheap Homes for Rent in Troy, NY from $600 (18 Rentals)

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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.

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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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property at 516 4th St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

516 4th St

TroyNY12180

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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Showing Results 1-18, Page 1 of 1

Troy, NY Local Guide

Cheapest Neighborhoods for Apartments in Troy, NY

Pricing Updated: 06/13/2026

Current apartment rentals in the Troy, NY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Troy Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Troy$2,101$750192

Cheapest Available Troy Apartments for Rent

 

The cheapest available apartment rental in Troy, NY is a 1 Bed unit found at The Delaware priced from $895. Parkline Apartments in the Downtown Troy neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The DelawareOne Bedroom1BR,1BA$895
Parkline ApartmentsG4Studio,1BA$1,050
Village One ApartmentsStudio On The Bus Line!Studio,1BA$1,150
The FultonStudio, 1 bathStudio,1BA$1,175
Diamond Rock Terrace Senior Apartments1 Bedroom1BR,1BA$1,175

Best Value Apartments for Rent in Troy, NY

As of June 14, 2026 the best value apartment in the Troy area is the $0.72 price per square foot 31 Sheridan Ave Model at 31 Sheridan Ave, Unit 31 Sheridan Ave #2 in the starting from $1,590. The second greatest value Troy apartment is the 538 7th Ave Model at 538 7th Ave, Unit 2 starting at $1,500 with a $0.80 price per square foot . Here is today’s list of the best values for Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
31 Sheridan Ave, Unit 31 Sheridan Ave #231 Sheridan Ave3BR,1BA$0.72
538 7th Ave, Unit 2538 7th Ave3BR,1BA$0.80
160 River St, Unit 160160 River St2BR,1BA$1.03
3229 7th Ave, Unit 2 Second Floor Apartment3229 7th Ave4BR,1BA$1.02
3227 7th Ave, Unit Apartment 1 (First Floor)3227 7th Ave3BR,1BA$1.02
131 Orchard Ave, Unit House for RENT131 Orchard Ave1BR,1BA$0.96
126 4th St, Unit 1126 4th St1BR,1BA$0.58
159 River St, Unit 166B159 River StStudio ,1BA$1.06
196 Main St (unit 1)196 Main St (unit 1)2BR,1BA$1.15
182 River St, Unit 166 River St apt C182 River St2BR,1BA$1.13

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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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.

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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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Troy, NY
Population: 49,374

Ranked #780

in US Census Population by City

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Best Local Schools in
Troy, NY

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 563 Apartments for Rent in Troy, NY with pricing that ranges from $750 to $3,880. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $695 to $3,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Troy ranges from $695 to $3,200 with an average monthly rent of $1,426.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Troy range from $999 to $3,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $3,000. Four Bedroom Single-Family rentals are also available starting from $695 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

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A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY

Written by: Patrick Ryan

Albany, the capital of New York state, is a renter’s haven.  With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.