Cheap Apartments for Rent in Troy, NY from $600 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Troy.

property at 1261 NY-7

1261 NY-7

TroyNY12180
property at 150 4th St

150 4th St

TroyNY12180
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444 River Lofts
Studio to 3 Bedroom Apartments

444 River Lofts

444 River StTroy, NY 12180
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Hudson Arthaus
1 to 3 Bedroom Apartments

Hudson Arthaus

621-623 River StTroy, NY 12180
  • Utilities Inc.
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Hudson Pointe
1 to 2 Bedroom Apartments

Hudson Pointe

2 Stanton StTroy, NY 12180
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O'Neil Apartments
1 Bedroom Apartments

O'Neil Apartments

2121 6th AveTroy, NY 12180
Senior Living
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Mosaic Village
1 Bedroom Apartments

Mosaic Village

55 Sargent StCohoes, NY 12047
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The Delaware
1 to 2 Bedroom Apartments

The Delaware

70 Deleware AveCohoes, NY 12047
Showing Results 1-40, Page 1 of 1

Troy, NY Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Troy, NY

Pricing Updated: 03/14/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Troy$2,000$7501925

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 ListingModel NameBed/BathPriced From
The DelawareOne Bedroom1BR,1BA$895
The Valley GreenShared 2 Bed 1 Bath B1BR,1BA$950
221 Stow Ave., Hudson Terrace2B/1B2BR,1BA$951
Hudson PointeThe Tivoli1BR,1BA$1,027
The FultonStudio, 1 bathStudio,1BA$1,050
Caldwell ApartmentsStudioStudio,1BA$1,060
The OverlookA1BR,1BA$1,075

Best Value Apartments for Rent in Troy, NY

As of March 14, 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 131 Orchard Ave Model at 131 Orchard Ave, Unit Mario starting at $1,250 with a $0.83 price per square foot . Here is today’s list of the best values for Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
44 Broadway, Unit 444 Broadway3BR,2BA$0.83
131 Orchard Ave, Unit Mario131 Orchard Ave1BR,1BA$0.83
318 27th St, Unit Flr 2/apartment 2318 27th St2BR,1BA$1.00
3227 7th Ave, Unit 33227 7th Ave3BR,1BA$1.01
126 4th St, Unit 1126 4th St1BR,1BA$0.58
118 4th St, Unit Downtown troy118 4th St1BR,1BA$0.96
182 River St, Unit 166 River St apt C182 River St2BR,1BA$1.08
221 Stow Ave., Hudson Terrace2B/1B2BR,1BA$0.86
85 Younglove Ave, Unit 85 Younglove Avenue FL 185 Younglove Ave2BR,1BA$1.09
The Valley GreenShared 2 Bed 1 Bath B1BR,1BA$1.09

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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

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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See the most popular apartments and homes in Troy, NY

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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 the Cheapest Studio apartment in Troy?

Currently the most affordable Cheap Studio Apartment in Troy is at The Fulton listed at $1,050.

How much is rent for a Cheap One Bedroom Troy Apartment?

The lowest price for a Cheap One Bedroom Troy Apartment is $895 at The Delaware.

What is the lowest price for a Cheap Two Bedroom Troy Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Troy is starting from $951 at 221 Stow Ave., Hudson Terrace.

What is the most affordable Troy Three Bedroom Apartment?

The best deal on a cheap Troy Three Bedroom Apartment rental is at Cottage Street Apartments and starts from $1,745.

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.

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY article

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.