
Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, NY from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Troy area of Troy.


88 14th St

1820 Highland Ave

169 Hutton St

194 8th St

75-79 2nd St

1987 15th St

48 Ida St, Unit 1

246 9th St

260 Madison St
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

How much does it cost to rent a home in Downtown Troy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Troy 2 Bedroom Homes for Rent | $1,090 | $595 | $1,425 |
Downtown Troy 3 Bedroom Homes for Rent | $1,675 | $1,550 | $1,800 |
Downtown Troy 4 Bedroom Homes for Rent | $1,271 | $595 | $2,400 |
Downtown Troy 5 Bedroom Homes for Rent | $3,425 | $3,425 | $3,425 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Troy Neighborhood of Troy, NY.
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Downtown Troy, Troy, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Fulton | Studio, 1 bath | Studio,1BA | $1,050 |
Village One Apartments | Renovated One Bedroom! | 1BR,1BA | $1,290 |
Cedar Park Apartments | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
110 Williams Street Aly, Unit RPI HOUSING 2 bed | 110 Williams Street Aly | 2BR,1BA | $1.00 |
182 River St, Unit 166 River St apt C | 182 River St | 2BR,1BA | $1.08 |
G Properties at Park Place, LLC | First Floor 1 bed w/ loft and Solarium | 2BR,1BA | $1.49 |
547 River St, Unit 206 | 547 River St | 2BR,1BA | $1.77 |
184 River St, Unit 184 River Street | 184 River St | 1BR,1BA | $1.18 |
Hudson Preserve | Mohawk | 1BR,1BA | $1.79 |
The Ridge Apartments | Ridge D | 1BR,1BA | $1.65 |
Caldwell Apartments | Two Bedroom | 2BR,1BA | $1.83 |
Village One Apartments | Renovated 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.

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.

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.

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.

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.