Cheap Homes for Rent in Troy, NY from $500 (15 Rentals)

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

property at 194 8th St

194 8th St

TroyNY12180
property at 260 Madison St

260 Madison St

TroyNY12180

Troy, NY Local Guide

Cheapest Neighborhoods for Apartments in Troy, NY

Pricing Updated: 04/16/2025

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$1,975$67588

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
Hudson PointeThe Tivoli1BR,1BA$1,020
The FultonStudio, 1 bathStudio,1BA$1,050
The OverlookA1BR,1BA$1,075

Best Value Apartments for Rent in Troy, NY

As of April 16, 2025 the best value apartment in the 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 Troy apartment is the 182 River St Model at 182 River St, Unit 166 River St apt C starting at $1,300 with a $1.08 price per square foot in the Downtown Troy neighborhood. 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.
126 4th St, Unit 1126 4th St1BR,1BA$0.58
182 River St, Unit 166 River St apt C182 River St2BR,1BA$1.08
110 Williams Street Aly, Unit RPI HOUSING 2 bed110 Williams Street Aly2BR,1BA$1.00
902 3rd Ave, Unit 2902 3rd Ave2BR,1BA$1.15
184 River St, Unit 184 River Street184 River St1BR,1BA$1.18
2412 9th Ave, Unit 12412 9th Ave2BR,1BA$1.32
221 Stow Ave., Hudson Terrace2B/1B2BR,1BA$1.35
157 3rd St, Unit 1157 3rd St2BR,1BA$1.20
The Valley GreenShared 2 Bed 1 Bath B1BR,1BA$1.09
The DelawareOne Bedroom1BR,1BA$1.19

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Frequently Asked Questions about Troy

What type of rentals are currently available in Troy?

There are currently 543 Apartments for Rent in Troy, NY with pricing that ranges from $675 to $4,006. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Troy ranging from $575 to $3,425.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Troy ranges from $575 to $3,425 with an average monthly rent of $1,747.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Troy range from $949 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,200. Four Bedroom Single-Family rentals are also available starting from $595 and Four Bedroom Apartments start at $675.

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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Know Your Rights - How Discrimination Laws Impact Landlords & 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.