56 Alexander St
AlbanyNY12202
Cheap Apartments for Rent in Albany, NY from $500 (138 Rentals)Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Albany.
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7 Brunswick Rd
TroyNY12180
41 Christie St
TroyNY12180
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from $775Studio to 2 Bedroom Apartments Contact Us For Availability
Wade Towers & Garden Apartments
10 Queens DrSchenectady, NY 12304
539 Kenwood Ave
DelmarNY12054
1273 Broadway
WatervlietNY12189
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90 Hill St
TroyNY12180
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from $1,0651 to 2 Bedroom Apartments Available Now
Latham Village Aptartments
39 Latham Village LnLatham, NY 12110
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Rent Specials
from $1,0751 to 3 Bedroom Apartments Available Apr 17
Park Guilderland Apartment Homes
457 State Route 146Guilderland Center, NY 12085
3545 Carman Rd
SchenectadyNY12303
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from $1,1001 to 2 Bedroom Apartments Available Now
61 Vandenburgh Ave
61 Vandenburgh AveTroy, NY 12180
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Rent Specials
from $1,100Studio to 2 Bedroom Apartments Available Now
Village One Apartments
587 BroadwayMenands, NY 12204
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from $1,1141 to 2 Bedroom Apartments Available Now
Brandywine Apartments
800 Brandywine PkyGuilderland, NY 12084
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Rent Specials
from $1,1501 to 3 Bedroom Apartments Available Now
Park Hill Lane Apartments
7 Park Ln EMenands, NY 12204
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from $1,1501 Bedroom Apartment Available May 1
118 4th St, Unit Brownstone apt top floor
118 4th StTroy, NY 12180
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from $1,160Studio to 2 Bedroom Apartments Contact Us For Availability
Menands Gardens
2 McDonald CirMenands, NY 12204
150 4th St
TroyNY12180
4 Residence Inn Dr
LathamNY12110
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from $1,1901 to 3 Bedroom Apartments Available Now
Presidential Townhome Rentals
1600 Pennsylvania AveGuilderland, NY 12084
72 Pinewoods Ave
TroyNY12180
6 Franklin St
TroyNY12180
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 | $1,349 | $775 | $2,180 |
| Cheap Albany 1 Bedroom Apartments | $1,659 | $700 | $4,338 |
| Cheap Albany 2 Bedroom Apartments | $2,026 | $950 | $4,386 |
| Cheap Albany 3 Bedroom Apartments | $2,287 | $949 | $7,116 |
| Cheap Albany 4 Bedroom Apartments | $1,848 | $675 | $2,750 |
| Albany 5 Bedroom Apartments | $2,538 | $700 | $3,330 |
Browse Top Apartments in Albany
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Getting 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.
Albany, NY Area Reviews
Do you know the Albany area?
Let everyone know!
Write a ReviewFrequently Asked Questions about Cheap Albany Apartments
What is a cheap apartment in Albany?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albany is under $1,000.
What is the price of a cheap apartment in Albany?
The cheapest apartment in Albany is The Valley Green which is listed at $950, while the average apartment in Albany costs $2,382.
What types of apartments are the cheapest in Albany?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 104 regular apartments in Albany that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Albany?
Cheap apartments in Albany have an average cost of $485 which is $1,897 cheaper than the average rent for all rentals in Albany.
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.
A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY
Written by: Patrick Ryan
Albany, the capital of New York state, is a renter’s haven. With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.