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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 | Available Now
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
Call for Pricing
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
11
$1,290 - 1,350
826 Chestnut Street
826 Chestnut St Albany, NY
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
0
$2,300
Newly Built Luxury Apartment
30 Pine Ln Apt 207 Albany, NY
2 BR | Aug. 17, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$2,275
Newly Built Luxury Apartment!
30 Pine Ln Apt 107 Albany, NY
2 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
1
$1,695
4-8 Norton St Llc
8 Norton St Albany, NY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$1,750
Newly Built Luxury Apartment!
30 Pine Ln Apt 212 Albany, NY
1 BR | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
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
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
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
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
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
12
$2,600
470 Hudson Ave
Albany, NY
4 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
In Unit Laundry
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
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
26
$1,825 - 2,515
Abraxas at 90 State
Deal
90 State St Suite 700 Albany, NY
Studio - 2 BR | Jun. 14, 2026
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Fitness Center
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
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
6
$1,250
The Palmer House Apartments
1 Columbia Place Albany, NY
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Downtown Albany
11
$525
PER
ROOM
Off-Campus Student Apartment Priced Per Room
457 Hamilton St Albany, NY
3 BR | Available Now
Contact
Student
24
$600
PER
ROOM
Off-Campus Student Apartment Priced Per Room
223 Quail St Albany, NY
4 - 5 BR | Available Now
Contact
Student
Virtual Tour
Balcony/Deck/Patio
7
$1,540 - 1,823
Crestwood Townhomes
Picotte Dr & Hackett Blvd Albany, NY
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Storage
14
$1,435 - 1,700
Willett Apartments
88 Willett Street Albany, NY
2 - 3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Section 8
Fitness Center
16
$595
PER
ROOM
Off-Campus Student Apartment Priced Per Room
456 Hudson Ave Albany, NY
4 BR | Available Now
Contact
Student
Balcony/Deck/Patio
5
$1,975
49 Sheridan Avenue
Albany, NY
2 BR | Available Now
Contact
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
13
$1,170 - 1,250
Park Row Apartments
610 Warren Street Albany, NY
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
28
$2,150
Parkside Village
572 Russell Road Albany, NY
2 BR | Available Now
Contact
In Unit Laundry
Dishwasher
6
$625
PER ROOM
& UNIT
Off-Campus Student Apartment Priced Per Room
490 Hudson Albany, NY
4 - 5 BR | Available Now
Contact
Student
Virtual Tour
Dishwasher
1
$1,950
5 Elberon Pl
Albany, NY
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,600
Corner Luxury Studio - Next To Albany Medical Center!
105 Morris St Albany, NY
1 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
  1. Home
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  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 17 one-bedroom apartments under $500 available for rent in Albany.

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

Rentable.co has 24 two-bedroom apartments under $500 available for rent in Albany.

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

Welcome to the June 2026 Albany Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 <$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

Available Apartments Under $500: Albany vs. Surrounding Areas

Albany, NY
Troy, NY
6
4
In ``June`` ``2026``, there are a total of ``16`` 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 June M/M % Change
Albany, NY 6 +0.97%
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%
Cohoes, NY 0 0.0%

Looking for Apartments Under $500 in Albany?

Available apartments under $500 47
Top amenities Refrigerator, Range / Oven, Microwave, Freezer, Small Dogs Ok
Deals 2
Pet friendly 2
Utilities included 2
1 Bedroom 6
2 Bedroom 3
3 Bedroom 3
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