Cheap Apartments for Rent in Rensselaer, NY from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Rensselaer.

4xx Morris St

246 Delaware Ave, Unit 1 East

320 1st St

68 Morris St

Willett Apartments
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.
Rensselaer, NY Local Guide

How much does it cost to rent an apartment in Rensselaer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Rensselaer Studio Apartments | $1,365 | $900 | $2,180 |
Cheap Rensselaer 1 Bedroom Apartments | $1,598 | $700 | $2,602 |
Cheap Rensselaer 2 Bedroom Apartments | $2,033 | $950 | $3,405 |
Cheap Rensselaer 3 Bedroom Apartments | $2,176 | $1,215 | $4,439 |
Cheap Rensselaer 4 Bedroom Apartments | $2,133 | $1,600 | $2,600 |
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Rensselaer, NY Local Guide
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Cheapest Available Rensselaer Apartments for Rent
 The cheapest available apartment rental in Rensselaer, NY is a Studio unit found at 142 Morton Ave in the Whitehall neighborhood priced from $800. 361 State St in the Arbor Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Rensselaer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $800 |
361 State St | Studio | Studio,1BA | $900 |
338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
363 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,100 |
Slip 12 | 1 Bedroom B | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Rensselaer, NY
As of April 24, 2025 the best value apartment in the Rensselaer area is the $0.98 price per square foot The James Model at 44 James in the in the Melrose neighborhood starting from $2,195. The second greatest value Rensselaer apartment is the 1BD 1.5BA Model at Albany Lofts at One Broadway starting at $1,965 with a $1.56 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Rensselaer apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
44 James | The James | 2BR,1BA | $0.98 |
Albany Lofts at One Broadway | 1BD 1.5BA | 1BR,1.5BA | $1.56 |
Hinckel Brewery Development LLC | 2BR/1.0BA | 2BR,1BA | $1.43 |
141 Eagle St, Unit 1 | 141 Eagle St | 1BR,1BA | $1.33 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
99 Pine Street | 1BR/1.0BA | 1BR,1BA | $1.42 |
The Apartments at 66 State | 101 | 1BR,1BA | $1.35 |
49 Broadway, Unit floor 2 | 49 Broadway | 1BR,1BA | $1.53 |
246 Delaware Ave, Unit 1 East | 246 Delaware Ave | 2BR,1BA | $1.12 |
150 Lark St, Unit Garden | 150 Lark St | 1BR,1BA | $1.25 |
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Getting Around Rensselaer, NY
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Rensselaer Apartments
What is the Cheapest Studio apartment in Rensselaer?
Currently the most affordable Cheap Studio Apartment in Rensselaer is at 142 Morton Ave listed at $800.
How much is rent for a Cheap One Bedroom Rensselaer Apartment?
The lowest price for a Cheap One Bedroom Rensselaer Apartment is $421 at Abraxas at 90 State.
What is the lowest price for a Cheap Two Bedroom Rensselaer Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rensselaer is starting from $1,200 at 361 State St.
What is the most affordable Rensselaer Three Bedroom Apartment?
The best deal on a cheap Rensselaer Three Bedroom Apartment rental is at 361 State St and starts from $1,450.
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.