20 Cheapest Places To Live In New York

Troy

Troy, with its median home price of $215,000, is a hidden gem for affordable living in New York. This quaint town, housing around 51,400 people, is perfect for those seeking a budget-friendly lifestyle without compromising on the joys of urban living. The average rent for a one-bedroom apartment is $1,292, offering a balanced lifestyle for both renters and buyers. Its proximity to Albany ensures that residents enjoy a blend of historic charm and modern conveniences. Attractions like the downtown area, Prospect Park, and Troy Savings Bank Music Hall add to its appeal.