
Cheap Apartments for Rent in Troy, NY from $600 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Troy.


55 Brunswick Ave

41 Christie St

151 1st St

Diamond Rock Terrace Senior Apartments

417 7th Ave

19 Spring Ave

The Peabody Apartments

Park Ridge Apartments

150 4th St

Cedar Park Apartments

378 4th St

6 Franklin St

33 110th St

110 Williams Street Aly, Unit Rear loft

29 Vliet St

Village One Apartments

Menands Gardens
Troy, NY Local Guide

How much does it cost to rent an apartment in Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Troy Studio Apartments | $1,281 | $995 | $1,700 |
Cheap Troy 1 Bedroom Apartments | $1,597 | $750 | $2,986 |
Cheap Troy 2 Bedroom Apartments | $1,973 | $1,100 | $4,051 |
Cheap Troy 3 Bedroom Apartments | $2,128 | $949 | $3,100 |
Cheap Troy 4 Bedroom Apartments | $2,044 | $685 | $3,200 |
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Troy, NY Local Guide

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Cheapest Neighborhoods for Apartments in Troy, NY
Pricing Updated: 03/25/2025Current 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 | $2,300 | $750 | 1770 |
Cheapest Available Troy Apartments for Rent
 The cheapest available apartment rental in Troy, NY is a 1 Bed unit found at The Delaware priced from $895. The Valley Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Troy apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Delaware | One Bedroom | 1BR,1BA | $895 |
The Valley Green | Shared 2 Bed 1 Bath B | 1BR,1BA | $950 |
The Fulton | Studio, 1 bath | Studio,1BA | $1,050 |
The Overlook | A | 1BR,1BA | $1,075 |
Diamond Rock Terrace Senior Apartments | 2 Bedroom | 2BR,1BA | $1,100 |
Village One Apartments | Renovated Studio | Studio,1BA | $1,100 |
Towers on Hudson | 0x1S1TH | Studio,1BA | $1,120 |
The Peabody Apartments | Studio A | Studio,1BA | $1,125 |
Cedar Park Apartments | Large 1 Bedroom | 1BR,1BA | $1,179 |
Best Value Apartments for Rent in Troy, NY
As of March 25, 2025 the best value apartment in the Troy area is the $0.83 price per square foot 44 Broadway Model at 44 Broadway, Unit 4 in the starting from $2,500. The second greatest value Troy apartment is the One Bed, 1 Bath Model at 2 River starting at $1,700 with a $1.17 price per square foot in the Downtown Troy neighborhood. 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. |
---|---|---|---|
44 Broadway, Unit 4 | 44 Broadway | 3BR,2BA | $0.83 |
2 River | One Bed, 1 Bath | 1BR,1BA | $1.17 |
126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
131 Orchard Ave, Unit Mario | 131 Orchard Ave | 1BR,1BA | $1.04 |
182 River St, Unit 166 River St apt C | 182 River St | 2BR,1BA | $1.08 |
184 River St, Unit 184 River Street | 184 River St | 1BR,1BA | $1.18 |
2412 9th Ave, Unit 1 | 2412 9th Ave | 2BR,1BA | $1.32 |
342 2nd Ave, Unit On bus line | 342 2nd Ave | 2BR,1BA | $1.20 |
The Valley Green | Shared 2 Bed 1 Bath B | 1BR,1BA | $1.09 |
The Delaware | One Bedroom | 1BR,1BA | $1.19 |
Quick Rent Budget Calculator
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Troy Overview
Located along the scenic Hudson River and just a stone's throw from the New York state capital of Albany, Troy is a historic city just waiting to make an impression. Bustling with working-class pride and home to the acclaimed Rensselaer Polytechnic Institute, this upstate New York hamlet is a fantastic place to discover.
Why live in Troy, NY?
Home to a number of higher educational institutions as well as plenty of public parks and other scenic natural perks, Troy rentals represent some of the best living in the upstate region of the Empire State. Still affectionately referred to as the 'Collar City' thanks to its history of textile production, Troy has much to offer in the way of job opportunities, as well as nearby amenities such as retail shopping.
Best Local Schools in Troy, NY
Lansingburgh Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Troy, NY Rentals by Map
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Getting Around Troy, NY
Walk Score®
66 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
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 Troy Apartments
What is a cheap apartment in Troy?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Troy is under $1,179.
What is the price of a cheap apartment in Troy?
The cheapest apartment in Troy is The Delaware which is listed at $895, while the average apartment in Troy costs $2,300.
What types of apartments are the cheapest in Troy?
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 280 regular apartments in Troy 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 Troy?
Cheap apartments in Troy have an average cost of $401 which is $1,899 cheaper than the average rent for all rentals in Troy.
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.

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.