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Cheap Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY from $500 (36 Rentals)
Explore the Best Cheap Apartments in Downtown Albany area of Albany for Renters Looking for a Great Deal on Lower Cost Rent for the Area.
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Rent Specials
from $900Studio to 3 Bedroom Apartments Available Now
361 State St
361 State StAlbany, NY 12210
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from $9501 Bedroom Apartment Available Jan 1, 2025
535 Warren St, Unit 1
535 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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Rent Specials
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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Rent Specials
from $1,095Studio Apartments Available Now
Luna Studios
1383 Washington AveAlbany, NY 12206
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Rent Specials
from $1,0951 Bedroom Apartments Contact Us For Availability
199 South Allen Apartments
199 S Allen StAlbany, NY 12208
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from $1,1002 to 6 Bedroom Apartments Available Now
Downtown Student Housing
491 Hamilton StAlbany, NY 12203
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from $620Studio to 2 Bedroom Apartments
Livingston School Apartments
315 Northern BlvdAlbany, NY 12210
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Showing Results 1-36, Page 1 of 1
Downtown Albany, Albany, NY Local Guide
How much does it cost to rent an apartment in Downtown Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albany Studio Apartments | $1,242 | $620 | $1,910 |
| Downtown Albany 1 Bedroom Apartments | $1,531 | $550 | $3,110 |
| Downtown Albany 2 Bedroom Apartments | $1,847 | $740 | $4,250 |
| Downtown Albany 3 Bedroom Apartments | $1,773 | $968 | $5,220 |
| Downtown Albany 4 Bedroom Apartments | $1,858 | $1,009 | $2,460 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Albany Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Downtown Albany, Albany, NY Local Guide
- Nearby Albany neighborhoods
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Cheapest Available Downtown Albany Apartments for Rent
The cheapest available apartment rental in the Downtown Albany area of Albany, NY is a 1 Bed unit found at PM 63 2nd Ave. priced from $550. 142 Morton Ave has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Downtown Albany apartments for rent in Albany, NY:
| 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 |
| Campus View Apartments | Studio | 1BR,1BA | $967 |
| 11 S Lake | Studio Apartment | Studio,1BA | $1,000 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| Luna Studios | Queen Studio | Studio,1BA | $1,095 |
| Downtown Student Housing | 2 Bedroom | 2BR,2BA | $1,100 |
| The Amsdell | Style O | Studio,1BA | $1,115 |
Best Value Apartments for Rent in Downtown Albany, NY
As of December 28, 2024 the best value apartment in the Downtown Albany area is the $1.20 price per square foot 238 Quail St Model at 238 Quail St, Unit 1 in the in the Whitehall neighborhood starting from $3,000. The second greatest value Downtown Albany apartment is the 3BR/2.0BA Model at Hinckel Brewery Development LLC starting at $2,100 with a $1.31 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Downtown Albany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 238 Quail St, Unit 1 | 238 Quail St | 5BR,2.5BA | $1.20 |
| Hinckel Brewery Development LLC | 3BR/2.0BA | 3BR,2BA | $1.31 |
| 6 Winnie St, Unit top floor | 6 Winnie St | 3BR,2BA | $1.23 |
| 459 Jay St, Unit 1 | 459 Jay St | 2BR,1BA | $0.96 |
| 20 Park Residences | 2 Bed 6 month lease | 2BR,2BA | $1.26 |
| Crestwood Townhomes | The Monroe | 2BR,1BA | $1.28 |
| Downtown Student Housing | 3 Bedroom | 3BR,2BA | $1.33 |
| 98 Willett St, Unit 3 | 98 Willett St | 2BR,1BA | $1.21 |
| 111 Pine St | 1 Bedroom | 1BR,1BA | $1.45 |
| PM 63 2nd Ave. | 1BR/1.0BA | 1BR,1BA | $1.22 |
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Pet Friendly LifestyleDowntown Albany, Albany, NY
Ranked #1
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
5.0Pet Friendly
Best Local Schools in Downtown Albany, Albany, NY
William S Hackett Middle School
Albany City School District
Public School - Grades 6-8 (672)
3 out of 10
School data provided by Great Schools
Best Local Schools in Downtown Albany, Albany, NY
William S Hackett Middle School
Albany City School District
Public School - Grades 6-8 (672)
3 out of 10
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across New York, including Albany. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Albany Apartments
What is the Cheapest Studio apartment in Downtown Albany?
Currently the most affordable Cheap Studio Apartment in Downtown Albany is at 142 Morton Ave listed at $850.
How much is rent for a Cheap One Bedroom Downtown Albany Apartment?
The lowest price for a Cheap One Bedroom Downtown Albany Apartment is $550 at PM 63 2nd Ave..
What is the lowest price for a Cheap Two Bedroom Downtown Albany Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Albany is starting from $1,100 at Downtown Student Housing.
What is the most affordable Downtown Albany Three Bedroom Apartment?
The best deal on a cheap Downtown 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.