Cheap Homes for Rent in Purchase, NY from $1,500 (6 Rentals)

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

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.

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 325 King St

325 King St

Port ChesterNY10573

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.

Purchase, NY Local Guide

Cheapest Available Purchase Apartments for Rent and Nearby

 

The cheapest available apartment rental in Purchase, NY is a 1 Bed unit found at The Prelude in the Fulton Street neighborhood priced from $1,758. Stepping Stones in the Westminster Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,150. Here is today’s list of the most affordable Purchase apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The PreludeOne Bedroom1BR,1BA$1,758
Stepping StonesOne Bedroom1BR,1BA$2,150
One Lyon PlaceStudiosStudio,1BA$2,295

Best Value Apartments for Rent in Purchase, NY and Nearby

As of May 18, 2025 the best value apartment in the Purchase area is the $2.61 price per square foot 166 Woodside Ave Model at 166 Woodside Ave, Unit 1 in the in the Westminster Ridge neighborhood starting from $4,950. The second greatest value Purchase apartment is the Floor2 Model at 20 Oakwood Ave starting at $3,650 with a $3.32 price per square foot in the Fulton Street neighborhood. Here is today’s list of the best values for Purchase apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
166 Woodside Ave, Unit 1166 Woodside Ave4BR,2BA$2.61
20 Oakwood AveFloor22BR,1BA$3.32
Stepping StonesTwo Bedroom2BR,1BA$2.57
Rye Village Apartments160 B71BR,1BA$3.37
224 Purchase Street3, 1BR1BR,1BA$3.56
40 Barker AvenueBA | MZA011BR,1BA$3.06
15 Purchase St, Unit A115 Purchase St1BR,1.5BA$3.47
15 Bank ApartmentsGreenway 1 Bed 1 Bath1BR,1BA$3.52
1 Franklin Ave, Unit 4DD1 Franklin AveStudio ,1BA$3.25
The PreludeOne Bedroom1BR,1BA$2.97

Quick 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.

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Frequently Asked Questions about Purchase

What type of rentals are currently available in Purchase?

There are currently 357 Apartments for Rent in Purchase, NY with pricing that ranges from $1,750 to $10,890. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Purchase ranging from $1,550 to $34,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Purchase ranges from $1,550 to $34,000 with an average monthly rent of $9,990.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Purchase range from $2,436 to $10,890, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,000 to $12,750. Four Bedroom Single-Family rentals are also available starting from $5,750 and Four Bedroom Apartments start at $4,950.

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.

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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.