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Apartments in Albany

61 - 90 of 102 Results
2
$1,150 - 1,425
271 S Allen St
Albany, NY
1 - 2 BR | May. 10, 2024
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19
$1,425
21-23 The Concourse
Albany, NY
2 BR | Available Now
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2
$1,100 - 1,600
West St
Albany, NY
2 - 3 BR | Available Now
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2
$1,800
The Reserve At Park South II
86 Dana Ave Albany, NY
Studio | May. 15, 2024
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2
$1,650 - 1,800
191 North Pearl
191 N Pearl St Albany, NY
1 - 2 BR | Available Now
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3
$1,295 - 1,495
101 Winnie St
Albany, NY
2 BR | Available Now
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2
$1,500 - 1,950
423 429 Western Ave
Albany, NY
2 - 3 BR | Available Now
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2
$1,325
508 On The Park
508 Madison Ave Albany, NY
1 BR | Available Now
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$950 - 1,050
201 Partridge St
Albany, NY
Studio - 1 BR | Jun. 15, 2024
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2
$1,850 - 2,200
Reserve At Park South
85 Dana Ave Albany, NY
1 BR | Available Now
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2
$1,980
Fully Renovated Student Rental
688 Central Ave Albany, NY
5 BR | Jun. 14, 2024
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$2,750
216 Quail St
Albany, NY
4 BR | Available Now
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Disability Access
1
$500
Pm 63 2nd Ave.
63 2nd Ave Albany, NY
1 BR | Available Now
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2
$1,450 - 1,500
40 Sheridan
40 Sheridan Ave Albany, NY
2 BR | Available Now
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Downtown Albany
3
$1,400 - 1,950
811 Madison Ave
Albany, NY
2 - 3 BR | Jun. 1, 2024
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1
$1,095 - 1,175
251 State Llc
251 State St Albany, NY
Studio - 1 BR | Available Now
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Downtown Albany
6
$1,600
The Argus Apartments
412 Broadway Albany, NY
Studio | Available Now
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11
$1,115
199 South Allen Apartments
4.0
199 S Allen St Albany, NY
1 BR | May. 24, 2024
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Air Conditioning
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13
$550
Pm 161 South Lake Ave.
161 S Lake Ave Albany, NY
5 BR | Available Now
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10
$1,125
Madison / South Swan
Albany, NY
1 BR | Available Now
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Downtown Albany
11
$500
PER
ROOM
Off-Campus Student Apartment Priced Per Room
27 Elberon Place Albany, NY
3 BR | Available Now
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24
$600
PER
ROOM
Off-Campus Student Apartment Priced Per Room
223 Quail St Albany, NY
4 - 5 BR | Available Now
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11
$525
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ROOM
Off-Campus Student Apartment Priced Per Room
457 Hamilton St Albany, NY
3 BR | Available Now
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17
$1,800
57 S Main
57 S Main Ave Albany, NY
5 BR | Jun. 11, 2024
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20
$2,450
560 Madison Ave
Albany, NY
2 BR | Available Now
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6
$895
285 Washington Ave
Albany, NY
Studio | Available Now
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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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16
$595
PER
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Off-Campus Student Apartment Priced Per Room
456 Hudson Ave Albany, NY
4 BR | Available Now
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5
$1,600
205 Ontario St
Albany, NY
4 BR | Available Now
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9
$1,500
361 Elk St
Albany, NY
3 BR | Available Now
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61 - 90 of 102 Results
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How much does it cost to rent an apartment in Albany?

Albany Apartments
Bed Type Average Rent Range
Studio $1,380 $810 - $3,500
1BR $1,270 $830 - $1,920
2BR $1,560 $1,080 - $5,300
3BR $1,950 $1,470 - $13,840
4+BR $1,890 $550 - $3,000
Frequently Asked Questions

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

Rentable.co has over 2,770 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 $1,380 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 $1,270 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 $1,560 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 $1,560 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 $55,000 to live comfortably.

Find a Albany Apartment

Many people think of the city that shares the name with the state as the most important city in New York State, and in many ways, it is. However, as the capital city, Albany is vital to the day-to-day governance of the state, and is in many ways the most important city outside of NYC.

Today, Albany is home to just under 100,000 people. In addition to being a government city, it is well known for being a city focused on education. The University at Albany, also called SUNY Albany, enrolls close to 18,000 students. There are also a number of private and professional schools in Albany, including the Albany Law School and the Albany Medical College.

When to Search

Albany is a government town, and a college town. This means that the summer is definitely the time to be out looking for an apartment. June and July are probably the easiest months to find an apartment in this city. Try to avoid looking in August and October, as you will likely find supply much more limited at this time of year.

Staying in the Know

Many landlords in Albany are quite particular about who they rent to, so be sure to put your best foot forward. It is easy to overlook little details, like showing up on time and dressing neatly for your appointments. You don't need to show up in a suit and tie to view an apartment, but you shouldn't look like you just rolled out of bed either.

Life in Albany

Transportation

Albany is actually an excellent town to drive in, as parking is available and the traffic is light compared to larger cities. However, if you don't have a car you still have transportation options. The Capital District Transportation Authority offers service over a very large area, and should be able to get you close to any destination in the Albany region.

Where to play

You can easily spend days looking at the architecture in Albany, as it contains many historic buildings. If you only see one building, make it the New York State Capitol. The New York State Museum is free, and has the largest collection of any state museum. Also free are the summer concerts held at Empire State Plaza. Lark Street is the most popular street for nightlife in the area.

Neighborhoods

Downtown Albany

Search Cities Near Albany, NY

Rensselaer, NY
Glenmont, NY
Delmar, NY
Troy, NY
Watervliet, NY
Latham, NY
Selkirk, NY
Cohoes, NY
Waterford, NY
Niskayuna, NY
Clifton Park, NY
Rotterdam, NY
Schenectady, NY
Mechanicville, NY
Ballston Spa, NY

Campuses Nearby

Excelsior College

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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