
Luxury Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY (27 Rentals)
The most luxurious Apartments in the Downtown Albany area of Albany with high-end amenities, features, and finishes.


Industrie Apartments

Alexander at Patroon Creek

The Rise Midtown Square

Park South Apartments

Abraxas at 90 State

ArtHouse Apartments

The Montage

The Rise | Pine Hills
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

Downtown Student Housing

236 Western Ave, Unit 2

42 Spring St

141 Eagle St

Albany Lofts at One Broadway

Dutch Village Apartments

DeLaet's Landing
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 | $1,355 | $875 | $2,145 |
Downtown Albany 1 Bedroom Apartments | $1,633 | $550 | $2,500 |
Downtown Albany 2 Bedroom Apartments | $1,917 | $950 | $4,250 |
Downtown Albany 3 Bedroom Apartments | $1,716 | $1,145 | $2,600 |
Downtown Albany 4 Bedroom Apartments | $2,133 | $1,600 | $2,750 |
Downtown Albany 5 Bedroom Apartments | $2,295 | $1,350 | $2,975 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Downtown Albany Neighborhood of Albany, NY.
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Downtown Albany, Albany, NY Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Albany, Albany, NY
Ranked #32
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Albany, Albany, NY
William S Hackett Middle School
School data provided by Great Schools
Best Local Schools in Downtown Albany, Albany, NY
William S Hackett Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Central Albany. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Luxury Living Rating
This area of town has come to be one of the finest high-end communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like saunas, pools, sport courts, concierge services, views, access to parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Luxury neighborhoods also often offer tile, hardwood, and fine carpeting, sports like tennis and raquetball, and a full-time security staff or doorman.
Frequently Asked Questions about Downtown Albany
How much are Studio apartments in Downtown Albany?
There are currently 62 Studio Apartments in Downtown Albany with rent ranges from $875 to $2,145 with an average price of $1,355.
What is the current price range for One Bedroom Downtown Albany Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Albany ranges from $550 to $2,500 with an average monthly rent of $1,633.
What does renting a Two Bedroom Apartment in Downtown Albany cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Albany range from $950 to $4,250. Today's average rental price for Two Bedrooms here is $1,917.
How expensive are Downtown Albany Three Bedroom Apartments?
There are currently 86 Three Bedroom Apartments listings available in Downtown Albany on ApartmentHomeLiving.com. The pricing ranges from $1,145 to $2,600 - averaging $1,716 for the location.
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.

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.

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.

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.