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from $900Studio to 3 Bedroom Apartments Available Now
361 State St
361 State StAlbany, NY 12210
Cheap Apartments for Rent in Albany, NY from $500(107 Rentals)
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$9501 Bedroom Apartment Available Now
537 Warren St, Unit 2nd Floor Rear
537 Warren StAlbany, NY 12208
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from $967Studio to 1 Bedroom Apartments Available Now
Campus View Apartments
10 Brevator StAlbany, NY 12203
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from $1,011Studio to 2 Bedroom Apartments Available Now
Capitol Green
400 Central AveAlbany, NY 12206
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from $1,015Studio to 3 Bedroom Apartments Available Now
Willett Apartments
88 Willett StAlbany, NY 12210
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from $1,0951 Bedroom Apartments Contact Us For Availability
199 South Allen Apartments
199 S Allen StAlbany, NY 12208
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from $1,095Studio Apartments Available Now
Luna Studios
1383 Washington AveAlbany, NY 12206
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from $1,1002 to 6 Bedroom Apartments Available Now
Downtown Student Housing
491 Hamilton StAlbany, NY 12203
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$1,1352 Bedroom Apartment Available Jun 1, 2025
651 Myrtle Ave, Unit 2
651 Myrtle AveAlbany, NY 12208
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from $1,1501 to 3 Bedroom Apartments Available Now
Capitol Crossings
1 Bleecker TerAlbany, NY 12206
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from $1,1901 to 3 Bedroom Apartments Available Now
Tivoli Park Apartments
469 Livingston AveAlbany, NY 12206
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from $1,2001 to 3 Bedroom Apartments Available Now
Danker Village
129 Lincoln AveAlbany, NY 12206
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from $1,205Studio to 1 Bedroom Apartments Available Now
The Kennedy
43 Columbia StAlbany, NY 12207
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from $1,250Studio to 2 Bedroom Apartments Available Now
ArtHouse Apartments
324 State StAlbany, NY 12210
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from $1,2541 to 2 Bedroom Apartments Available Now
Loudon Arms
16 Old Hickory DrAlbany, NY 12204
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$1,3001 Bedroom Apartment Available Now
64 Sand Creek Rd, Unit main building
64 Sand Creek RdAlbany, NY 12205
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from $1,3001 to 4 Bedroom Apartments Available Now
1700 Designer Residences North
1700 Western AveAlbany, NY 12203
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from $1,3001 Bedroom Apartments Available Now
66 State Street Partners, L.P.
66 State StAlbany, NY 12207
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from $620Studio to 2 Bedroom Apartments
Livingston School Apartments
315 Northern BlvdAlbany, NY 12210
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Albany, NY Local Guide
How much does it cost to rent an apartment in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Albany Studio Apartments | $1,316 | $775 | $2,060 |
| Cheap Albany 1 Bedroom Apartments | $1,614 | $687 | $10,000+ |
| Cheap Albany 2 Bedroom Apartments | $1,972 | $995 | $4,385 |
| Cheap Albany 3 Bedroom Apartments | $2,090 | $650 | $5,516 |
| Cheap Albany 4 Bedroom Apartments | $1,397 | $875 | $2,500 |
Browse Top Apartments in Albany
See all Apartments in AlbanyExplore Albany
Albany, NY Local Guide
Written By:
Justin HabersaatEditing Staff
- Albany Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Albany, NY
Pricing Updated: 12/22/2024Current apartment rentals in the Albany, NY area range in price from $550 to $16,665 with an overall median price of $2,180. The three Albany neighborhoods with the lowest median rent pricing are Hamilton Hill at $740, South End at $550, and Mt Pleasant at $703. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Albany Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hamilton Hill | $1,172 | $740 | 3 |
| South End | $1,500 | $550 | 3 |
| Mt Pleasant | $1,505 | $703 | 54 |
| Beverwyck | $1,525 | $687 | 63 |
| Outer Schenectady | $1,600 | $735 | 39 |
| Center Square | $1,610 | $740 | 74 |
| Central Avenue | $1,620 | $688 | 90 |
| Washington Park | $1,645 | $688 | 72 |
| Park South | $1,672 | $688 | 73 |
| Central State | $1,763 | $735 | 19 |
Cheapest Available Albany Apartments for Rent
The cheapest available apartment rental in Albany, NY is a 1 Bed unit found at PM 63 2nd Ave. in the Whitehall neighborhood priced from $550. 142 Morton Ave in the Whitehall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| PM 63 2nd Ave. | 1BR/1.0BA | 1BR,1BA | $550 |
| 142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $850 |
| 361 State St | Studio | Studio,1BA | $900 |
| 338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
| The Valley Green | Shared 2 Bed 1 Bath B | 1BR,1BA | $950 |
| 221 Stow Ave., Hudson Terrace | 2B/1B | 2BR,1BA | $951 |
| Campus View Apartments | Studio | 1BR,1BA | $967 |
| 11 S Lake | Studio Apartment | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Albany, NY
As of December 23, 2024 the best value apartment in the Albany area is the $1.09 price per square foot Quartz Standard Model at Presidential Townhome Rentals in the in the Dunes neighborhood starting from $2,040. The second greatest value Albany apartment is the 459 Jay St Model at 459 Jay St, Unit 1 starting at $1,350 with a $0.96 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Albany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Presidential Townhome Rentals | Quartz Standard | 3BR,1.5BA | $1.09 |
| 459 Jay St, Unit 1 | 459 Jay St | 2BR,1BA | $0.96 |
| 436 Delaware Ave, Unit 2 | 436 Delaware Ave | 3BR,1BA | $1.14 |
| 126 4th St, Unit 1 | 126 4th St | 1BR,1BA | $0.58 |
| 118 4th St, Unit Downtown troy | 118 4th St | 1BR,1BA | $0.96 |
| 110 Ferry St, Unit 3 fl | 110 Ferry St | 2BR,1BA | $1.08 |
| 110 Williams Street Aly, Unit Rear loft | 110 Williams Street Aly | 2BR,1BA | $1.00 |
| 182 River St, Unit 166 River St apt C | 182 River St | 2BR,1BA | $1.00 |
| 221 Stow Ave., Hudson Terrace | 2B/1B | 2BR,1BA | $0.86 |
| 537 Warren St, Unit 2nd Floor Rear | 537 Warren St | 1BR,1BA | $0.97 |
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Albany Overview
"Albany is the state capital of New York, and is a city brimming with historical significance. It is the oldest continuous chartered city in the United States and works to preserve its history. Although well-known for revering its history and Dutch culture, Albany also embraces modern advancement. The ""Tech Valley"" industry is on the rise and has helped economy in New York State's Capital District. The Capital District is the metro area surrounding Albany. The cities included are Albany, Schenectady and Troy. The Capital District is the third most populated region in New York. Its metropolitan population is over 1.1 million. The city of Albany's population reaches almost 100,000. Apartments in Albany could be a fit for seekers looking for a blend of historical and modern elements."
Why live in Albany, NY?
Albany is a great city that pays homage to its rich history while embracing a modern way of life. Albany is also an excellent center for higher education. It's one of the best places to get an education, according to a Forbes survey in 2005. Albany has several parks, Washington Park the most well-known, for the outdoorsy type. The Pine Bush and Lincoln Park are a couple other parks found in Albany. Albany is also serious about improving its community. The National Civic League has awarded Albany the All-America award twice for community improvement.
Albany, NYPopulation: 97,279
Ranked #323
in US Census Population by City
Pet Friendly Lifestyle
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Pet Friendliness Lifestyle Score
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Albany, NY Apartments MapAlbany, NY Rental Homes MapGetting Around Albany, NY
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Albany Apartments
What is the Cheapest Studio apartment in Albany?
Currently the most affordable Cheap Studio Apartment in Albany is at 142 Morton Ave listed at $850.
How much is rent for a Cheap One Bedroom Albany Apartment?
The lowest price for a Cheap One Bedroom Albany Apartment is $550 at PM 63 2nd Ave..
What is the lowest price for a Cheap Two Bedroom Albany Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Albany is starting from $951 at 221 Stow Ave., Hudson Terrace.
What is the most affordable Albany Three Bedroom Apartment?
The best deal on a cheap Albany Three Bedroom Apartment rental is at 361 State St and starts from $1,450.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.