Apartments in 12206

1 - 14 of 14 Results
4
$2,445 - 2,520
2 Crossgates Mall Rd Albany, NY
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
41
$1,800 - 6,402
255 Patroon Creek Blvd. Albany, NY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
In Unit Laundry
5
$1,800
45 S Pine Ave Albany, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
7
$2,000
Albany, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
5
$1,131
525 Clinton Ave Albany, NY
Studio | Jun. 4, 2024
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Dog Friendly
Cat Friendly
Storage
Dishwasher
2
$1,980
688 Central Ave Albany, NY
5 BR | Jun. 14, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,350
88 Ontario St Albany, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
8
$1,550
Albany, NY
3 BR | Jun. 1, 2024
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Balcony/Deck/Patio
2
$950 - 1,600
Albany, NY
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
24
$2,095
Albany, NY
2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
9
$1,500
Albany, NY
3 BR | Available Now
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House
5
$1,600
Albany, NY
4 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
6
$1,131
Albany, NY
1 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
7
$1,131
Albany, NY
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
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1 - 14 of 14 Results
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  2. Albany
  3. 12206

How much does it cost to rent an apartment in 12206?

12206 apartments
Bed Type Average Rent Range
1BR $1,810 $950 - $1,890
2BR $2,280 $1,290 - $2,580
3BR $1,500 $1,400 - $1,600
4+BR $1,810 $1,350 - $2,000
Find an Apartment in 12206
Looking for apartments for rent in 12206 Albany, NY? You're in luck! Currently, there are 47 units available for rent in this area on Rentable. The average rent for apartments in 12206 is $1,940, and you can find 1-bedroom floor plans starting at $1,068.

Located in Albany, NY, the 12206 zip code is home to various points of interest and amenities. Nearby, you'll find parks like Washington Park and Lincoln Park, where you can enjoy outdoor activities or simply relax in a beautiful green setting. In addition, this area offers a vibrant and diverse community with easy access to local shops, restaurants, and entertainment options.

If you're searching for apartments near 12206 Albany, NY, look no further! Browse Rentable's listings in this area to discover the perfect rental that meets your needs and preferences. Whether you're seeking a cozy studio or a spacious two-bedroom apartment, there are options available to suit every lifestyle and budget. Start your search on Rentable today and find your ideal home in the 12206 zip code of Albany, NY.

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.