Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, NY from $500 (10 Rentals)

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

property at 194 8th St

194 8th St

TroyNY12180
property at 48 Ida St

48 Ida St, Unit 1

48 Ida St
TroyNY12180
property at 260 Madison St

260 Madison St

TroyNY12180

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.

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 Studio unit found at The Fulton priced from $1,050. Village One Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,290. Here are the most affordable Downtown Troy apartments for rent in Troy, NY:

Apartment ListingModel NameBed/BathPriced From
The FultonStudio, 1 bathStudio,1BA$1,050
Village One ApartmentsRenovated One Bedroom!1BR,1BA$1,290
Cedar Park Apartments1 Bedroom1BR,1BA$1,336

Best Value Apartments for Rent in Downtown Troy, NY

As of April 27, 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
547 River St, Unit 206547 River St2BR,1BA$1.77
184 River St, Unit 184 River Street184 River St1BR,1BA$1.18
Hudson PreserveMohawk1BR,1BA$1.79
The Ridge ApartmentsRidge D1BR,1BA$1.65
Caldwell ApartmentsTwo Bedroom2BR,1BA$1.83
Village One ApartmentsRenovated One Bedroom!1BR,1BA$1.82

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Frequently Asked Questions about Downtown Troy

What type of rentals are currently available in Downtown Troy?

There are currently 216 Apartments for Rent in Downtown Troy, NY with pricing that ranges from $650 to $3,800. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $575 to $3,425.

What is the current price range for Rental Homes in Downtown Troy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Troy ranges from $575 to $3,425 with an average monthly rent of $1,653.

How much are larger Three and Four Bedroom Rentals in Downtown Troy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Troy range from $975 to $3,207, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $1,800. Four Bedroom Single-Family rentals are also available starting from $595 and Four Bedroom Apartments start at $650.

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

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.