Cheap Homes for Rent in Troy, NY from $600 (9 Rentals)

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

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.

property at 106 Lancaster St

$1,080

Total Monthly Price

Total Monthly Price

Base Rent
$1,080

Total Monthly Price
$1,080

3 Bedroom, 1 Bath Townhome for Rent

Available Now

106 Lancaster St

CohoesNY12047

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.

Troy, NY Local Guide

Cheapest Neighborhoods for Apartments in Troy, NY

Pricing Updated: 03/15/2026

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$3,225$750167

Cheapest Available Troy Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
The Valley GreenShared 2 Bed 1 Bath A1BR,1BA$895
The DelawareOne Bedroom1BR,1BA$895
Hudson ArthausOne Bedroom1BR,1BA$1,012

Best Value Apartments for Rent in Troy, NY

As of March 15, 2026 the best value apartment in the Troy area is the $1.02 price per square foot 3227 7th Ave Model at 3227 7th Ave, Unit Apartment 1 (First Floor) in the starting from $1,425. The second greatest value Troy apartment is the 3229 7th Ave Model at 3229 7th Ave, Unit 2 Second Floor Apartment starting at $1,425 with a $1.02 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.
3227 7th Ave, Unit Apartment 1 (First Floor)3227 7th Ave3BR,1BA$1.02
3229 7th Ave, Unit 2 Second Floor Apartment3229 7th Ave4BR,1BA$1.02
2127 2nd Ave2127 2nd Ave3BR,1BA$1.23
131 Orchard Ave, Unit House for RENT131 Orchard Ave1BR,1BA$0.96
126 4th St, Unit 1126 4th St1BR,1BA$0.58
110 Williams Street Aly, Unit RPI HOUSING 2 bed110 Williams Street Aly2BR,1BA$1.00
1639 5th Ave, Unit RPI all inclusive1639 5th Ave1BR,1BA$1.20
118 4th St, Unit Brownstone apt top floor118 4th St1BR,1BA$1.28
30 Walnut St, Unit 130 Walnut St2BR,1BA$1.22
The DelawareOne Bedroom1BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Troy, NY
Population: 49,374

Ranked #780

in US Census Population by City

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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 579 Apartments for Rent in Troy, NY with pricing that ranges from $700 to $3,880. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $695 to $2,800.

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 $2,800 with an average monthly rent of $1,435.

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 $989 to $3,840, 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 $695 and Four Bedroom Apartments start at $974.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.