Cheap Apartments for Rent in the Mansion Area Albany, NY from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mansion Area area of Albany.

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

property at 159 1st St

159 1st St

AlbanyNY12210
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PM 63 2nd Ave.
1 Bedroom Apartments

PM 63 2nd Ave.

63 2nd AveAlbany, NY 12202
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325 State Street
Studio to 2 Bedroom Apartments

325 State Street

325 State StAlbany, NY 12210
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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142 Morton Ave
Studio Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210
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357-363 Morris St
1 to 2 Bedroom Apartments

357-363 Morris St

357-363 Morris StAlbany, NY 12208
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256 state street
Studio to 1 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210
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69 Trinity Place
1 to 2 Bedroom Apartments

69 Trinity Place

69 Trinity PlzAlbany, NY 12202
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
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Mansion Area, Albany, NY Local Guide

Cheapest Available Mansion Area Apartments for Rent

 

The cheapest available apartment rental in the Mansion Area area of Albany, NY is a Studio unit found at 142 Morton Ave priced from $800. Capitol Green has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Mansion Area apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$800
Capitol GreenStudioStudio,1BA$875
361 State StStudioStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
11 S LakeStudio ApartmentStudio,1BA$1,000
66 State Street Partners, L.P.1B1RC1BR,1BA$1,095
Downtown Student Housing2 Bedroom2BR,2BA$1,100
The AmsdellStyle AStudio,1BA$1,130

Best Value Apartments for Rent in Mansion Area, NY

As of March 14, 2025 the best value apartment in the Mansion Area area is the $0.96 price per square foot 459 Jay St Model at 459 Jay St, Unit 1 in the in the Whitehall neighborhood starting from $1,350. The second greatest value Mansion Area apartment is the 2BR/1.0BA Model at Hinckel Brewery Development LLC starting at $1,850 with a $1.42 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Mansion Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
459 Jay St, Unit 1459 Jay St2BR,1BA$0.96
Hinckel Brewery Development LLC2BR/1.0BA2BR,1BA$1.42
Downtown Student Housing3 Bedroom3BR,2BA$1.33
372 2nd Ave, Unit 1372 2nd Ave4BR,1BA$1.43
18 Sparkill Ave, Unit 1st Floor Apartment18 Sparkill Ave2BR,2BA$1.26
412 Broadway33/341BR,1.5BA$1.31
653 State St, Unit 653 State Street653 State St3BR,1BA$1.45
431 Clinton Ave, Unit unit3431 Clinton Ave3BR,1BA$1.30
431 Clinton Ave, Unit #3431 Clinton Ave3BR,1BA$1.15
140 Grand St, Unit Basement Apartment140 Grand St1BR,1BA$1.30

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mansion Area, Albany, NY

Ranked #35

Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New York including Mansion Area, Albany, and the greater Albany area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Mansion Area Neighborhood in Albany, NY

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Mansion Area Apartments

What is the Cheapest Studio apartment in Mansion Area?

Currently the most affordable Cheap Studio Apartment in Mansion Area is at Abraxas at 90 State listed at $200.

How much is rent for a Cheap One Bedroom Mansion Area Apartment?

The lowest price for a Cheap One Bedroom Mansion Area Apartment is $975 at Capitol Green.

What is the lowest price for a Cheap Two Bedroom Mansion Area Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mansion Area is starting from $1,100 at Capitol Green.

What is the most affordable Mansion Area Three Bedroom Apartment?

The best deal on a cheap Mansion Area 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.

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY article

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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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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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.

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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.