Apartments in 12203

1 - 23 of 23 Results
11
$1,600
Albany, NY
2 BR | Jun. 1, 2024
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28
$2,150
572 Russell Road Albany, NY
2 BR | Available Now
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13
$2,350
Albany, NY
4 BR | Jul. 1, 2024
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19
$1,425
Albany, NY
2 BR | Available Now
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8
$2,700
Albany, NY
6 BR | Jun. 1, 2024
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2
$1,500 - 1,950
Albany, NY
2 - 3 BR | Available Now
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4
$1,145
Albany, NY
2 BR | Jun. 1, 2024
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8
$1,380
Albany, NY
2 BR | Available Now
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5
$1,100
7 Elberon Pl Albany, NY
1 BR | Jun. 11, 2024
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16
$1,115
826 Chestnut St Albany, NY
1 BR | Jun. 10, 2024
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14
$1,550
Albany, NY
2 BR | Available Now
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6
$625
PER ROOM
& UNIT
490 Hudson Albany, NY
4 - 5 BR | Available Now
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16
$595
PER
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456 Hudson Ave Albany, NY
4 BR | Available Now
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26
$2,600
Albany, NY
4 BR | Available Now
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11
$1,800
665 State St Albany, NY
4 BR | Available Now
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11
$500
PER
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27 Elberon Place Albany, NY
3 BR | Available Now
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Balcony/Deck/Patio
24
$600
PER
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223 Quail St Albany, NY
4 - 5 BR | Available Now
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11
$525
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457 Hamilton St Albany, NY
3 BR | Available Now
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0
$950
Albany, NY
Studio | Jul. 15, 2024
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0
$2,750
Albany, NY
4 BR | Available Now
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2
$2,400
Albany, NY
2 BR | Available Now
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$1,100
Albany, NY
2 BR | May. 5, 2024
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$625
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464 Hudson Albany, NY
4 - 6 BR | Available Now
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1 - 23 of 23 Results
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How much does it cost to rent an apartment in 12203?

12203 apartments
Bed Type Average Rent Range
Studio $950 $950 - $950
1BR $1,110 $1,100 - $1,120
2BR $1,530 $1,100 - $2,400
4+BR $2,350 $630 - $2,750
Find an Apartment in 12203
Looking for apartments for rent in 12203 Albany, NY? You're in luck! Rentable currently has 31 units available for rent in this zip code. The average rent in 12203 is $1,550, with 4-bedroom units starting at $625.

Located in Albany, NY, the 12203 zip code offers a variety of amenities and nearby points of interest. If you're a nature lover, you'll enjoy the proximity to several parks, such as Washington Park and Buckingham Pond Park. These parks provide beautiful green spaces for you to relax and enjoy the outdoors.

In addition to the parks, the 12203 zip code is also home to various community amenities. Whether you're looking for fitness centers, shopping centers, or restaurants, you'll find plenty of options nearby to meet your needs.

With the wide range of rental options available in 12203 Albany, NY, you're sure to find the perfect apartment that suits your lifestyle and budget. Start your search on Rentable today and discover the ideal home for you!

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.