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Apartments Under $500 in Albany, NY

1 - 2 of 2 Results
6
3D Tour
$ Ask - 1,650
Wonderful 3 Bedroom Student Housing
45 Elberon Pl Albany, NY
3 BR | May. 30, 2026
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
In Unit Laundry
11
$500
PER
ROOM
Off-Campus Student Apartment Priced Per Room
27 Elberon Place Albany, NY
3 BR | Available Now
Contact
Student
Virtual Tour
Balcony/Deck/Patio
1 - 2 of 2 Results

All Apartments in Albany, NY

30 Results
20
$1,538 - 3,077
Crestwood Townhomes
Deal
Intersection of Hackett Blvd and Picotte Drive Albany, NY
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
60
$2,425
Free 1 Month's Rent & Security Deposit Waived, Flats At Crossgates!
2 Crossgates Mall Rd Albany, NY
2 BR | Available Now
Contact
Dog Friendly
Dishwasher
60
$2,595
Top Floor 2 Bedroom End Unit For Rent- Guilderland
2 Crossgates Mall Rd Albany, NY
2 BR | May. 1, 2026
Contact
Dog Friendly
Dishwasher
1
$1,410
199 South Allen Apartments
4.0
199 S Allen St Albany, NY
2 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
Disability Access
0
$1,395
Charming 1-bedroom, 1-bath Apartment In Albany’s Vibrant Center Square
100 Willet St Albany, NY
1 BR | Available Now
Contact
1
$1,745
4-8 Norton St Llc
8 Norton St Albany, NY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$2,275
Newly Built Luxury Apartment!
30 Pine Ln Apt 107 Albany, NY
2 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
5
$1,440 - 2,000
Hinckel Brewery Development Llc
201 Park Ave Albany, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
21
$1,650
Comfy 2/3 Bedroom Apartments
47 Elberon Pl Albany, NY
3 BR | Available Now
Contact
Student
Virtual Tour
Balcony/Deck/Patio
Storage
Dishwasher
12
$2,600
470 Hudson Ave
Albany, NY
4 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
In Unit Laundry
8
$1,650
441 Yates Street - 1 And 2 Bedroom Units - Remodeled In 2020
441 Yates St Albany, NY
2 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
26
$1,424 - 3,175
Abraxas at 90 State
Deal
90 State St Suite 700 Albany, NY
Studio - 2 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Fitness Center
5
$1,595
The Residence At Capital Hills
1 Colatosti Pl Albany, NY
2 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
18
$1,650
3 Bedroom, 1 Bathroom
43 Elberon Pl Albany, NY
3 BR | Available Now
Contact
Student
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
11
$1,350
826 Chestnut Street
826 Chestnut St Albany, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
10
$1,195 - 1,600
69 Trinity Pl
Albany, NY
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
32
3D Tour
$2,000
4 Bedroom, 1 Bath
818 Myrtle Ave Albany, NY
4 BR | Jun. 20, 2026
Contact
Virtual Tour
Balcony/Deck/Patio
Disability Access
Dishwasher
29
$1,750
191 North Pearl
191 N Pearl St Albany, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
11
$2,500
Beautifully Modernized 5 Bedroom, 1.5 Bathrooms, 1st Floor
711-713 Myrtle Ave Albany, NY
5 BR | Available Now
Contact
Virtual Tour
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
9
$2,750
Wonder 5 Bedroom Student Housing
219 221 Quail St Albany, NY
4 - 5 BR | Available Now
Contact
Student
Balcony/Deck/Patio
Dishwasher
21
$1,425
103 Ten Broeck St
Albany, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
18
3D Tour
$1,725 - 2,200
4 Bedroom, 1 Bath
58 Elberon Pl Albany, NY
4 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
26
$2,600
Beautiful Remodeled 4 Bedroom, 1.5 Bathroom, 1st Floor
52 Elberon Pl Albany, NY
4 BR | Available Now
Contact
Disability Access
Dishwasher
1
$1,750 - 1,850
The Reserve At Park South
85 Dana Ave Albany, NY
1 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$2,000
497 Yates St
Albany, NY
4 BR | Available Now
Contact
Surface Parking
Disability Access
Dishwasher
0
$1,550
2 Bedroom Apartment
144 Manning Blvd Albany, NY
2 BR | Jun. 5, 2026
Contact
Balcony/Deck/Patio
Storage
Disability Access
42
$2,900
120 Knollwood Ter Unit 120
Albany, NY
4 BR | Jun. 1, 2026
Contact
22
$1,750
429 W Lawrence St
Albany, NY
1 BR | Jun. 8, 2026
Contact
House
Air Conditioning
Balcony/Deck/Patio
Storage
13
$1,275
74 Grand St Unit 3
Albany, NY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Downtown Albany
1
$1,800
223 Western Ave
Albany, NY
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
  1. Home
  2. Albany
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Albany, NY on Rentable.co?

There are 2 apartments under $500 in Albany currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Albany?

Rentable.co has 3 studio apartments under $500 available for rent in Albany.

How many one-bedroom apartments under $500 are available in Albany?

Rentable.co has 22 one-bedroom apartments under $500 available for rent in Albany.

How many two-bedroom apartments under $500 are available in Albany?

Rentable.co has 7 two-bedroom apartments under $500 available for rent in Albany.

Apartments Under $500 in Albany, NY: April Rental Information

Welcome to the April 2026 Albany Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2026 key findings and figures for the Albany rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Albany and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Albany. Whether you're a student on a budget or looking for an affordable living option, this report will help you make an informed decision about your rental search.
0 2 5 7 10 <$900 $940 $1,020 $1,100 $1,180 $1,260 $1,340 $1,420 $1,500 $1,580 $1,660 $1,740 $1,820 $1,900 $1,980

Available Apartments Under $500: Albany vs. Surrounding Areas

Albany, NY
Troy, NY
5
4
In ``April`` ``2026``, there are a total of ``14`` apartments available for rent under $500 in the Albany, NY metro area. This includes apartments in Albany as well as nearby cities such as ``Cohoes, Colonie, Coxsackie, Mechanicville, Menands, Troy, Waterford, Round Lake, Watervliet, Esperance, Niskayuna, Glenville, Guilderland, Clifton Park, Delmar, Schenectady, Amsterdam, Latham, Rotterdam, Selkirk, Glenmont, and Rensselaer``. Prospective renters looking for affordable options will have a variety of choices in different locations around Albany.

Apartments Under $500 Now vs. Last Month: Albany and Surrounding Areas

City Apartments Under $500 in April M/M % Change
Albany, NY 6 +1.0%
Troy, NY 4 +1.0%
Glenmont, NY 1 +1.0%
Selkirk, NY 1 +1.0%
Rotterdam, NY 1 +1.0%
Schenectady, NY 1 +1.0%
Waterford, NY 1 +1.33%
Cohoes, NY 1 +1.5%
Niskayuna, NY 0 +1.0%
Coxsackie, NY 0 +1.0%

Looking for Apartments Under $500 in Albany?

Available apartments under $500 41
Top amenities Balcony/Deck/Patio, Refrigerator, Range / Oven, Garage Attached, Small Dogs Ok
Pet friendly 1
1 Bedroom 6
2 Bedroom 2
3 Bedroom 6
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