Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Albany area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Albany, NY

1 - 2 of 2 Results
0
$500
Pm 63 2nd Ave.
63 2nd Ave Albany, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
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
7
$1,565 - 3,001
Crestwood Townhomes
3.4
Picotte Dr & Hackett Blvd Albany, NY
2 BR | Jun. 5, 2024
Contact
Heat Included
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
41
$1,901 - 5,959
Alexander at Patroon Creek
Deal
255 Patroon Creek Blvd. Albany, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
In Unit Laundry
5
$1,650 - 1,800
Lofts @ Spruce
242 Spruce St Albany, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
17
$1,800
57 S Main
57 S Main Ave Albany, NY
5 BR | Jun. 11, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
6
$1,800
520 Yates St
Albany, NY
3 - 4 BR | Available Now
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
9
$1,050 - 1,300
69 Trinity Pl
Albany, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
14
$1,550
155 Winthrop Ave
Albany, NY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
8
$1,650
800 Madison Ave
Albany, NY
2 BR | Jun. 15, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
7
$1,131
537 Clinton Ave
Albany, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
7
$2,000
517 Washington Ave
Albany, NY
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
11
$1,800
665 State
665 State St Albany, NY
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
26
$2,600
52 Elberon Pl
Albany, NY
4 BR | Available Now
Contact
Disability Access
4
$2,320 - 2,520
The Flats At Crossgates
2 Crossgates Mall Rd Albany, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$1,600
223 Western Ave
Albany, NY
2 BR | Jun. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
13
$550
Pm 161 South Lake Ave.
161 S Lake Ave Albany, NY
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
11
$800
98 Columbia St
Albany, NY
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
9
$1,500
361 Elk St
Albany, NY
3 BR | Available Now
Contact
House
4
$1,425 - 1,525
The Residence At Capital Hills
1 Colatosti Pl Albany, NY
2 BR | May. 10, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
5
$1,600
205 Ontario St
Albany, NY
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
11
$1,115
199 South Allen Apartments
4.0
199 S Allen St Albany, NY
1 BR | May. 24, 2024
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
Disability Access
7
$1,695 - 2,250
The Reserve On Hackett Apartments
36 Hackett Blvd Albany, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
17
$1,295
103 Ten Broeck St Unit 1
Albany, NY
1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
8
$1,900
Beautifully Remodeled 3 Bedroom Apartment On A Quiet Street
891 Mercer St Albany, NY
3 BR | Jul. 2, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
5
$1,100
7 Elberon
7 Elberon Pl Albany, NY
1 BR | Jun. 11, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
6
$1,131
539 Clinton Ave
Albany, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
13
$3,000
14 West Erie
Albany, NY
6 BR | Jun. 4, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
5
$1,800
45 S Pine
45 S Pine Ave Albany, NY
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
10
$1,650
441 Yates St
Albany, NY
2 BR | Jun. 19, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
9
$1,500
448 Yates St
Albany, NY
3 BR | Jul. 2, 2024
Contact
Storage
Disability Access
19
$1,500
540 Madison Ave
Albany, NY
1 BR | Aug. 15, 2024
Contact
Dog Friendly
Cat Friendly
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 4 studio apartments under $500 available for rent in Albany.

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

Rentable.co has 25 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.

Can I afford a apartment under $500 in Albany, NY?

To comfortably afford a apartment under $500 in Albany based on average rent prices, a household would need an annual income of $20,000.

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

Welcome to the April 2024 Albany Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 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 <$800 $840 $920 $1,000 $1,080 $1,160 $1,240 $1,320 $1,400 $1,480 $1,560 $1,640 $1,720 $1,800 $1,880 $1,960
This month, the typical cost to rent a one-bedroom apartment in Albany stands at $1,200, with the majority falling between $830 and $2,140. Out of the 417 one-bedroom apartments currently on the market in Albany, 8 are priced below $500, accounting for 2% of the total available one-bedroom units in Albany.

Available Apartments Under $500: Albany vs. Surrounding Areas

Albany, NY
Troy, NY
Schenectady, NY
5
4
3
In ``April`` ``2024``, there are a total of ``15`` 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 5 +1.16%
Troy, NY 4 +1.0%
Schenectady, NY 3 +1.14%
Waterford, NY 2 +1.33%
Selkirk, NY 1 +1.33%
Rotterdam, NY 1 +1.0%
Latham, NY 1 +1.0%
Delmar, NY 1 +1.0%
Niskayuna, NY 0 +1.5%

Looking for Apartments Under $500 in Albany?

Available apartments under $500 38
Top amenities On Site Laundry, Refrigerator, Range / Oven, Garage Attached, Small Dogs Ok
Pet friendly 1
Utilities included 1
Studio 1
1 Bedroom 7
3 Bedroom 3
Browse Albany Apartments
Albany Apartments by Neighborhood
Albany Apartments by Bedrooms
Albany Apartments by Affordability
Albany Apartments with Amenities
Albany Apartments by Type
Colleges Near Albany
Albany Apartments by Zip Code