Cheap Homes for Rent in Troy, NY from $300 (13 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 194 8th St

194 8th St

TroyNY12180

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 48 Ida St

48 Ida St, Unit 1

48 Ida St
TroyNY12180

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Troy, NY Local Guide

Cheapest Neighborhoods for Apartments in Troy, NY

Pricing Updated: 05/11/2025

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$1,850$65083

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. The Valley Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Troy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The DelawareOne Bedroom1BR,1BA$895
The Valley GreenShared 2 Bed 1 Bath B1BR,1BA$950
The FultonStudio, 1 bathStudio,1BA$1,050
The OverlookA1BR,1BA$1,075
The Peabody ApartmentsStudio AStudio,1BA$1,095

Best Value Apartments for Rent in Troy, NY

As of May 12, 2025 the best value apartment in the Troy area is the $0.97 price per square foot 160 River St Model at 160 River St, Unit 160 in the in the Downtown Troy neighborhood starting from $1,450. The second greatest value Troy apartment is the 126 4th St Model at 126 4th St, Unit 1 starting at $750 with a $0.58 price per square foot in the Downtown Troy neighborhood. 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.
160 River St, Unit 160160 River St2BR,1BA$0.97
126 4th St, Unit 1126 4th St1BR,1BA$0.58
182 River St, Unit 166 River St apt C182 River St2BR,1BA$1.08
184 River St, Unit 184 River Street184 River St1BR,1BA$1.18
164 River St, Unit 1164 River St2BR,1BA$1.18
Hudson Pointe2BR/1BA Livingston (Midrise)2BR,1BA$1.25
97 Congress St, Unit 1st floor97 Congress St1BR,1BA$1.11
118 4th St, Unit Brownstone apt top floor118 4th St1BR,1BA$1.28
The Valley GreenShared 2 Bed 1 Bath B1BR,1BA$1.09
The DelawareOne Bedroom1BR,1BA$1.19

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 547 Apartments for Rent in Troy, NY with pricing that ranges from $650 to $3,800. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $350 to $3,025.

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 $350 to $3,025 with an average monthly rent of $1,209.

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 $975 to $3,207, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $650.

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.