Cheap Homes for Rent in Downtown Troy Neighborhood of Troy, NY from $500 (6 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 159 Hoosick St

159 Hoosick St

TroyNY12180

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 Studio apartment currently listed from $1,100. 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 StudioStudio,1BA$1,100
Towers on Hudson0x1S1THStudio,1BA$1,120

Best Value Apartments for Rent in Downtown Troy, NY

As of March 24, 2025 the best value apartment in the Downtown Troy area is the $1.17 price per square foot One Bed, 1 Bath Model at 2 River in the in the Downtown Troy neighborhood starting from $1,700. The second greatest value Downtown Troy apartment is the 126 4th St Model at 126 4th St, Unit 1 starting at $750 with a $0.58 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.
2 RiverOne Bed, 1 Bath1BR,1BA$1.17
126 4th St, Unit 1126 4th St1BR,1BA$0.58
5 13th St, Unit 5 13th Street5 13th St4BR,1BA$1.77
182 River St, Unit 166 River St apt C182 River St2BR,1BA$1.08
The Ridge ApartmentsRidge A2BR,2BA$1.63
184 River St, Unit 184 River Street184 River St1BR,1BA$1.18
Incite at TroyB6 Deluxe Riverview/Balcony2BR,2BA$1.54
Hudson PreserveMohawk1BR,1BA$1.67
Caldwell ApartmentsTwo Bedroom2BR,1BA$1.68
Cedar Park ApartmentsLarge 1 Bedroom1BR,1BA$1.81

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Frequently Asked Questions about Downtown Troy

What type of rentals are currently available in Downtown Troy?

There are currently 220 Apartments for Rent in Downtown Troy, NY with pricing that ranges from $750 to $4,051. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Troy ranging from $575 to $2,400.

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 $2,400 with an average monthly rent of $1,417.

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 $949 to $2,997, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $1,800. Four Bedroom Single-Family rentals are also available starting from $2,120 and Four Bedroom Apartments start at $899.

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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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

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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.