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Apartments in Downtown Albany

61 - 81 of 81 Results
6
$625
PER ROOM
& UNIT
Off-Campus Student Apartment Priced Per Room
490 Hudson Albany, NY
4 - 5 BR | Available Now
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Student
Virtual Tour
Dishwasher
2
$950 - 1,600
West St
Albany, NY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
23
$1,200
1620 5Th St Apt 1
Rensselaer, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Balcony/Deck/Patio
25
$1,200
1620 5Th St Apt 2
Rensselaer, NY
3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Balcony/Deck/Patio
5
$1,600
205 Ontario St
Albany, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,350
88 Ontario
88 Ontario St Albany, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
13
$1,170 - 1,250
Park Row Apartments
610 Warren Street Albany, NY
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
0
$1,050
201 Partridge St
Albany, NY
1 BR | Jun. 15, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
6
$1,800
520 Yates St
Albany, NY
3 - 4 BR | Available Now
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
8
$1,550
143 Benson St Unit 2
Albany, NY
3 BR | Jun. 1, 2024
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Balcony/Deck/Patio
2
$1,500 - 1,950
423 429 Western Ave
Albany, NY
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
13
$3,000
14 West Erie
Albany, NY
6 BR | Jun. 4, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
16
$1,295
826 Chestnut Street
826 Chestnut St Albany, NY
1 BR | Jun. 21, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
17
$1,800
57 S Main
57 S Main Ave Albany, NY
5 BR | Jun. 11, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
11
$1,350
17 Limerick Dr Unit B
Albany, NY
2 BR | Available Now
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Air Conditioning
Storage
Dishwasher
7
$1,540 - 1,823
Crestwood Townhomes
Picotte Dr & Hackett Blvd Albany, NY
2 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Storage
8
$1,900
Beautifully Remodeled 3 Bedroom Apartment On A Quiet Street
891 Mercer St Albany, NY
3 BR | Jul. 2, 2024
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Dog Friendly
Cat Friendly
Storage
Dishwasher
2
$1,980
Fully Renovated Student Rental
688 Central Ave Albany, NY
5 BR | Jun. 14, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
5
$1,800
45 S Pine
45 S Pine Ave Albany, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
13
$2,365
1 Manning Blvd
Albany, NY
4 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
14
$1,550
155 Winthrop Ave
Albany, NY
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
61 - 81 of 81 Results
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Frequently Asked Questions

How many apartments are available in Downtown Albany on Rentable.co?

Rentable.co has over 83 apartments available near Downtown Albany.

What is the average rent for a studio apartment in Downtown Albany?

The average rent for a studio apartment near Downtown Albany is around $1,450 per month.

What is the average rent for a one-bedroom apartment in Downtown Albany?

The average rent for a one-bedroom apartment near Downtown Albany is around $1,137 per month.

What is the average rent for a two-bedroom apartment in Downtown Albany?

The average rent for a two-bedroom apartment near Downtown Albany is around $1,560 per month.

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

Rentable.co has over 2,806 apartments available in Albany.

What is the average rent for a studio apartment in Albany, NY?

The average rent for a studio apartment in Albany is around $1,630 per month.

What is the average rent for a one-bedroom apartment in Albany, NY?

The average rent for a one-bedroom apartment in Albany is around $1,200 per month.

What is the average rent for a two-bedroom apartment in Albany, NY?

The average rent for a two-bedroom apartment in Albany is around $1,600 per month.

How expensive is it to rent an apartment in Albany, NY?

For a two-bedroom apartment in Albany, the average rent price is $1,600 per month, which is similar to the national average of $1,620 per month.

Can I afford an apartment for rent in Albany, NY?

Based on average rent prices in Albany, to afford a studio apartment you would need an annual household income of $65,000 to live comfortably.

Downtown Albany Neighborhood Summary

Albany is a city filled with rich history that shows through its many landmarks, various neighborhoods, and numerous unique places to hang out. Of course, the city’s pulse is defined by downtown. There are many bars and restaurants to choose from for some mouth-watering bites and fantastic drinks. Explore themany museums the area has to offer. If you’re looking for history in action, you can celebrate the city’s Dutch beginnings at the annual Tulip festival. Even the residential areas are vibrant and exciting!

Albany:
May Rent Report

Welcome to the May 2024 Albany Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Albany rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Albany and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Albany average rent prices in the chart below.

Monthly Rent Report

$2,000
$1,500
$1,000
$500
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Albany Rent Prices Decrease From April to May

Albany rent prices decreased over the last month. From April to May, the city experienced a -2.51% decrease for the price of a one-bedroom apartment. The rent price for a Albany one-bedroom apartments currently stands at $1,361.0.

When we take a look at the two-bedroom comparison from April to May, Albany experienced a -2.41% decrease for the price of a two-bedroom apartment. The rent price for a Albany two-bedroom apartments currently stands at $1,579.0.

May Prices: Albany vs. Surrounding Areas

Cohoes, NY
Clifton Park, NY
Troy, NY
Albany, NY
Watervliet, NY
Schenectady, NY
Guilderland, NY
Niskayuna, NY
$1,757
$1,605
$1,588
$1,396
$1,394
$1,378
$1,328
$1,272
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Albany and Surrounding Areas

Rent prices have decreased in Albany over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Albany suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Troy, NY, Cohoes, NY, Watervliet, NY, Guilderland, NY .

  • Rent decreased in Clifton Park, NY, Niskayuna, NY, Schenectady, NY.

  • 5 suburbs are currently priced higher than the city of Albany.

  • 2 suburbs are currently priced lower than the city of Albany.

May 2024 Pricing Trends: Albany vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Albany, NY
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,396
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Albany Rent Prices More Affordable Than Major Cities

Rent growth in Albany over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Albany average rent prices appear to be relatively affordable for local residents.

The price for a Albany one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Albany and surrounding area rent prices, take a look at the complete data set below.

Data set for Albany and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Albany, NY $1,396.0 1.23% $1,618.0 -1.64%
Troy, NY $1,588.0 4.13% $1,428.0 1.06%
Clifton Park, NY $1,605.0 -0.68% $1,852.0 0.38%
Cohoes, NY $1,757.0 4.65% $2,013.0 0.55%
Niskayuna, NY $1,272.0 0.00% $1,570.0 0.32%
Schenectady, NY $1,378.0 -0.51% $1,564.0 0.19%
Watervliet, NY $1,394.0 0.94% $1,501.0 -4.09%
Guilderland, NY $1,328.0 0.38% $1,774.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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