
Cheap Homes for Rent in Troy, NY from $600 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Troy.


196 10th St

277 Congress St

7 Brunswick Rd

36 Brunswick Ave

277 Congress St

57 Brunswick Ave

195 9th St
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.

75-79-79 11th St

13 112th St

594 4th St

70 Vliet St

7 Balsam Ave, Unit 3F

106 Lancaster St

19 Idlewild Park

639 Pawling Ave
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.

1324 5th Ave, Unit 3

1886 Ave B

84 Willow St, Unit Fl 2

516 4th St

431 10th St

1834 Highland Ave, Unit 2

162 River St, Unit SAGE APARTMENTS, Unit SAGE APARTMENTS

19 Idlewild Park, Unit 7
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

How much does it cost to rent a home in Troy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Troy 2 Bedroom Homes for Rent | $1,692 | $795 | $2,500 |
| Troy 3 Bedroom Homes for Rent | $1,345 | $695 | $2,300 |
| Troy 4 Bedroom Homes for Rent | $2,143 | $695 | $3,200 |
| Troy 5 Bedroom Homes for Rent | $2,012 | $725 | $3,300 |
Browse Top Homes for Rent in Troy
Explore Troy
Troy, NY Local Guide
- Troy Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Troy, NY
Pricing Updated: 04/29/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Troy | $1,800 | $750 | 166 |
Cheapest Available Troy Apartments for Rent
 The cheapest available apartment rental in Troy, NY is a Studio unit found at Parkline Apartments in the Downtown Troy neighborhood priced from $1,050. Cedar Park Apartments in the Downtown Troy neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. Here is today’s list of the most affordable Troy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkline Apartments | G4 | Studio,1BA | $1,050 |
| Cedar Park Apartments | 1 Bedroom | 1BR,1BA | $1,055 |
| Caldwell Apartments | Studio | Studio,1BA | $1,175 |
| The Fulton | Studio, 1 bath | Studio,1BA | $1,175 |
| Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Troy, NY
As of April 29, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3227 7th Ave, Unit Apartment 1 (First Floor) | 3227 7th Ave | 3BR,1BA | $1.02 |
| 3229 7th Ave, Unit 2 Second Floor Apartment | 3229 7th Ave | 4BR,1BA | $1.02 |
| 131 Orchard Ave, Unit House for RENT | 131 Orchard Ave | 1BR,1BA | $0.96 |
| 126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
| 110 Williams Street Aly, Unit RPI HOUSING 2 bed | 110 Williams Street Aly | 2BR,1BA | $1.08 |
| 196 Main St (unit 1) | 196 Main St (unit 1) | 2BR,1BA | $1.15 |
| 221 Stow Ave., Hudson Terrace | 2B/1B | 2BR,1BA | $1.35 |
| 1639 5th Ave, Unit RPI all inclusive | 1639 5th Ave | 1BR,1BA | $1.20 |
| 118 4th St, Unit Brownstone apt top floor | 118 4th St | 1BR,1BA | $1.28 |
| The Delaware | One Bedroom | 1BR,1BA | $1.19 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Troy, NYPopulation: 49,374
Ranked #780
in US Census Population by City
Best Local Schools in Troy, NY
Lansingburgh Senior High School
Gardner Dickinson School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, NY Rentals by Map
See the most popular apartments and homes in Troy, NY
Frequently Asked Questions about Troy
What type of rentals are currently available in Troy?
There are currently 561 Apartments for Rent in Troy, NY with pricing that ranges from $750 to $3,880. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $695 to $3,300.
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 $3,300 with an average monthly rent of $1,554.
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 $750 to $3,237, 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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.