New Apartments for Rent in Albany, NY Under $1,500 (28 Rentals)

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Albany's Best Affordable Neighborhoods

Learn about Albany, NY and the best places to live with original content written by our New York area Local Expert Patrick Ryan

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760 Broadway
Built in 2021Studio to 2 Bedroom Apartments

760 Broadway

760 BroadwayAlbany, NY 12207
  • Utilities Included
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105 Morris Apartments
Built in 2021Studio to 2 Bedroom Apartments

105 Morris Apartments

105 Morris StAlbany, NY 12208
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The Hudson Student Living
Built in 2024Studio to 4 Bedroom Apartments

The Hudson Student Living

1415 Washington AveAlbany, NY 12206
Student Housing
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Liberty Pointe
Built in 2018Studio to 2 Bedroom Apartments

Liberty Pointe

2 Winter Creek BlvdLatham, NY 12110
  • Utilities Included
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22 High St
Built in 20181 Bedroom Apartments

22 High St

22 High StRensselaer, NY 12144
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444 River Lofts
Built in 2020Studio to 3 Bedroom Apartments

444 River Lofts

444 River StTroy, NY 12180
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Kelsey Commons
Built in 2018Studio to 3 Bedroom Apartments

Kelsey Commons

2301 Cambridge RdSchenectady, NY 12304

Albany, NY Local Guide

Quick Rent Budget Calculator

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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

Frequently Asked Questions about New Albany Apartments

What is the Cheapest New apartment in Albany?

Currently the most affordable New Apartment in Albany is at Incite at Troy listed at $899.

How much is the average rent for a New Albany Apartment?

The average rent for a New Apartment in Albany is $1,881.

What is the largest New Albany Apartment for rent?

Today's New apartment with the most square footage in Albany is a 2,300 square feet unit starting from $1,650 at The Rise | Pine Hills.

What is the average size for Albany New Apartments for rent?

The average size for a New rental in Albany is currently at 633 sq ft.

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.

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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.

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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.