Cheap Apartments for Rent in the Central Business District Rochester, NY from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Rochester.

43 Wilson St

The Algonquin

Franklin Street Apartments

The Columbus Building

533 S Goodman St

85 Park Ave

The Grand Alexander

681 N Plymouth Ave

The Ambassador

Hive@155 and Hive Andrews

The Smith Gormly

Normandie Apartments

145 S. Fitzhugh

346 S Goodman St, Unit 2

346 S Goodman St

16 Lafayette Park

The Edmond

The Lofts at Michaels-Stern

Riverview Industrie Lofts

VIDA Apartments and Townhomes

2-4 Whalin St

Chapel Hill Apartments

Water Street Commons
Central Business District, Rochester, NY Local Guide

How much does it cost to rent an apartment in Central Business District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Business District Studio Apartments | $1,270 | $725 | $1,871 |
Central Business District 1 Bedroom Apartments | $1,680 | $625 | $3,200 |
Central Business District 2 Bedroom Apartments | $2,245 | $965 | $5,000 |
Central Business District 3 Bedroom Apartments | $2,443 | $1,250 | $3,950 |
Central Business District 4 Bedroom Apartments | $2,048 | $1,300 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Rochester, NY.
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Central Business District, Rochester, NY Local Guide
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Rochester, NY is a Studio unit found at The Algonquin priced from $725. The Columbus Building has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Central Business District apartments for rent in Rochester, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Algonquin | Studio | Studio,1BA | $725 |
The Columbus Building | Efficiency Studios (7th floor) | Studio,1BA | $850 |
Shelbourne Apartments | Studio, 1 bath | Studio,1BA | $925 |
The Grand Alexander | Studio | Studio,1BA | $950 |
The Ambassador | STUDIO | Studio,1BA | $975 |
Hive@155 and Hive Andrews | Hive 155 Studio | Studio,1BA | $1,000 |
145 S. Fitzhugh | Studio | Studio, | $1,045 |
111 On East | 0BR/1.0BA | Studio,1BA | $1,075 |
Riverview Industrie Lofts | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Central Business District, NY
As of March 29, 2025 the best value apartment in the Central Business District area is the $1.15 price per square foot Two Bedroom Model at Kirstein Lofts in the in the Sector 10 neighborhood starting from $1,505. The second greatest value Central Business District apartment is the 2 Bedroom Model at The Button Lofts starting at $1,775 with a $1.37 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Kirstein Lofts | Two Bedroom | 2BR,2BA | $1.15 |
The Button Lofts | 2 Bedroom | 2BR,1BA | $1.37 |
Liberty Lofts | 110% AMI 1 Bed / 1 Bath | 1BR,1BA | $1.50 |
Buckingham Commons | 1BR | 1BR,1BA | $1.23 |
Water Street Commons | One Bedroom | 1BR,1BA | $1.19 |
249 Central Park, Unit 1. Up Font | 249 Central Park | 2BR,1BA | $1.40 |
Warner Lofts | 1 Bed 1 Bath | Classic JR | 1BR,1BA | $1.44 |
36 Woodward St, Unit 2-Dn | 36 Woodward St | 3BR,1BA | $1.47 |
347 Broadway, Unit 1 | 347 Broadway | 2BR,1.5BA | $1.50 |
49 Troup Street | Studio, 1 bath | Studio ,1BA | $1.14 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCentral Business District, Rochester, NY
Ranked #7
Among neighborhoods in Rochester, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Central Business District, Rochester, NY
School 9 Dr Martin Luther King Jr
School 58 World Of Inquiry School
School data provided by Great Schools
Best Local Schools in Central Business District, Rochester, NY
School 9 Dr Martin Luther King Jr
School 58 World Of Inquiry School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across New York, including Rochester. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Central Business District Apartments
What is a cheap apartment in Central Business District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,100.
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is The Grand Alexander which is listed at $1,150, while the average apartment in Central Business District costs $2,447.
What types of apartments are the cheapest in Central Business District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Central Business District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central Business District?
Cheap apartments in Central Business District have an average cost of $246 which is $2,201 cheaper than the average rent for all rentals in Central Business District.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.