Cheap Apartments for Rent in the Downtown Troy Neighborhood of Troy, NY from $700 (27 Rentals)

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

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 Included
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O'Neil Apartments
1 Bedroom Apartments

O'Neil Apartments

2121 6th AveTroy, NY 12180
Senior Living
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The Hudson
1 Bedroom Apartments

The Hudson

201 River StTroy, NY 12180
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Downtown Troy, Troy, NY Local Guide

Cheapest Available Downtown Troy Apartments for Rent

 

The cheapest available apartment rental in the Downtown Troy area of Troy, NY is a 1 Bed unit found at Parkside Apartments at North Colonie priced from $990. The Fulton has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Downtown Troy apartments for rent in Troy, NY:

Apartment ListingModel NameBed/BathPriced From
Parkside Apartments at North ColonieUpgraded One Bedroom Apartments1BR,1BA$990
The FultonStudio, 1 bathStudio,1BA$1,050
Village One ApartmentsRenovated StudioStudio,1BA$1,100
Cedar Park Apartments1 Bedroom1BR,1BA$1,332
2 RiverStudio, 1 BathStudio,1BA$1,350

Best Value Apartments for Rent in Downtown Troy, NY

As of April 11, 2025 the best value apartment in the Downtown Troy area is the $0.58 price per square foot 126 4th St Model at 126 4th St, Unit 1 in the in the Downtown Troy neighborhood starting from $750. The second greatest value Downtown Troy apartment is the 110 Williams Street Aly Model at 110 Williams Street Aly, Unit RPI HOUSING 2 bed starting at $1,200 with a $1.00 price per square foot in the Downtown Troy neighborhood. Here is today’s list of the best values for Downtown Troy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
126 4th St, Unit 1126 4th St1BR,1BA$0.58
110 Williams Street Aly, Unit RPI HOUSING 2 bed110 Williams Street Aly2BR,1BA$1.00
182 River St, Unit 166 River St apt C182 River St2BR,1BA$1.08
G Properties at Park Place, LLCFirst Floor 1 bed w/ loft and Solarium2BR,1BA$1.49
184 River St, Unit 184 River Street184 River St1BR,1BA$1.18
Incite at Troy - Pricing Per PersonB6 Deluxe Riverview/Balcony2BR,2BA$1.54
Towers on Hudson2x1A1TH2BR,1BA$1.49
Hudson PreserveMohawk1BR,1BA$1.67
The Ridge ApartmentsRidge D1BR,1BA$1.65
110 Ida St, Unit 1110 Ida St3BR,1BA$1.60

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Troy, Troy, NY

Ranked #1

Among neighborhoods in Troy, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Troy Neighborhood in Troy, NY

Walk Score®

88 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

53 / 100

Good Transit

Many 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 Downtown Troy Apartments

What is a cheap apartment in Downtown Troy?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Troy is under $1,350.

What is the price of a cheap apartment in Downtown Troy?

The cheapest apartment in Downtown Troy is Parkside Apartments at North Colonie which is listed at $990, while the average apartment in Downtown Troy costs $1,955.

What types of apartments are the cheapest in Downtown 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 10 regular apartments in Downtown 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 Downtown Troy?

Cheap apartments in Downtown Troy have an average cost of $364 which is $1,591 cheaper than the average rent for all rentals in Downtown 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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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How Your Move-In Inspection Can Protect Your Security Deposit

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