How much is rent in Albany, NY?

The average asking rent across the 23 listings we track in Albany, NY is $1,302/mo, with the cheapest starting at $800/mo. Prices change often, so confirm current rates on each listing.

What is the cheapest apartment for rent in Albany?

6 South Lake Apartments is the lowest-priced rental we're tracking in Albany, NY at $800/mo. We rank every listing cheapest-first so the best-value options are always at the top.

What is the average rent by bedroom in Albany?

Based on the listings we track in Albany, NY: studios around $1,252/mo, one-bedrooms around $1,271/mo, two-bedrooms around $1,493/mo, three-bedrooms around $1,500/mo. These are averages and shift with availability.

Is Albany expensive to rent in?

Relatively no. Albany's average rent of $1,302/mo is about 41% below the NY state average of $2,206/mo, making it one of the more affordable markets in the state.

Apartments for Rent in Albany, NY

The cheapest rental in Albany, NY we're tracking starts at $800/mo, with an average asking rent of $1,302/mo across 23 listings. That puts Albany roughly 41% below the NY state average of $2,206/mo, so it's one of the more affordable markets in the state. By size, expect one-bedrooms around $1,271/mo and two-bedrooms around $1,493/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest

$800

lowest listed rent

Average rent

$1,30241% below NY

across all sizes

Average by sizevs NY typical

Studio$1,25249% below NY

1 bed$1,27137% below NY

2 bed$1,49328% below NY

3 bed$1,50039% below NY

Unit C Rental - Albany, NY

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Studio apartment at 121 Dove St in Albany, NY

Apartment · Albany

$1,175/mo

Rating coming soon

Studio|1 ba|600 ft²

121 Dove St

121 Dove St, Albany

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1-bedroom apartment at Swinburne Building in Albany, NY

Apartment · Albany

$1,205/mo

3.1(7)

1 bd|1 ba

Swinburne Building

Swinburne Building, Albany

Verified active·Recently listedView details

Studio apartment at The Kenmore Apartments in Albany, NY

Apartment · Albany

$1,225/mo

Rating coming soon

Studio|1 ba|611 ft²

The Kenmore Apartments

76 North Pearl, Albany, NY

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1-bedroom apartment at Park Row And New Scotland Gardens Apartments in Albany, NY

Apartment · Albany

$1,237/mo

Rating coming soon

1 bd|1 ba|580 ft²

Park Row And New Scotland Gardens Apartments

610 Warren Street, Albany, NY

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1-bedroom apartment at Capitol Crossings Apartments in Albany, NY

Apartment · Albany

$1,250/mo

Rating coming soon

1 bd|1 ba|506 ft²

Capitol Crossings Apartments

1 Bleecker Terrace, Albany, NY

Recently listedView details

1-bedroom apartment at Loudon Arms Apartments in Albany, NY

Apartment · Albany

$1,254/mo

Rating coming soon

1 bd|1 ba|600 ft²

Loudon Arms Apartments

Loudon Arms Apartments, Albany

Verified active·Recently listedView details

1-bedroom apartment at Tivoli Park Apartments in Albany, NY

Apartment · Albany

$1,295/mo

Rating coming soon

1 bd|1 ba|570 ft²

Tivoli Park Apartments

469 Livingston Avenue, Albany, NY

Recently listedView details

Studio apartment at 338 Hudson Street Apartments in Albany, NY

Apartment · Albany

$1,300/mo

Rating coming soon

Studio|1 ba

338 Hudson Street Apartments

338 Hudson Avenue, Albany, NY

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Studio apartment at Academy Place Apartments in Albany, NY

Apartment · Albany

$1,395/mo

Rating coming soon

Studio|1 ba|420 ft²

Academy Place Apartments

Academy Place Apartments, Albany

Verified active·Recently listedView details

1-bedroom apartment at 357 Madison Ave in Albany, NY

Apartment · Albany

$1,475/mo

Rating coming soon

1 bd|1 ba|900 ft²

357 Madison Ave

Unit Basement Rental - Albany, NY

Recently listedView details

3-bedroom apartment at 21 Woodlawn Avenue in Albany, NY

Great deal

Apartment · Albany

$1,500/mo

Rating coming soon

3 bd|1 ba|1,300 ft²

21 Woodlawn Avenue

21 Woodlawn Avenue, Albany

Recently listedView details

Studio apartment at Industrie Apartments in Albany, NY

Apartment · Albany

$1,599/mo

Rating coming soon

Studio|1 ba|552 ft²

Industrie Apartments

745 Broadway, Albany, NY

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2-bedroom apartment at 545 Hamilton Street in Albany, NY

Apartment · Albany

$1,650/mo

Rating coming soon

2 bd|1 ba|900 ft²

545 Hamilton Street

Unit A Rental - Albany, NY

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2-bedroom townhome at Crestwood Townhomes in Albany, NY

Townhome · Albany

$1,705/mo

Rating coming soon

2 bd|1 ba|1,300 ft²

Crestwood Townhomes

Picotte Dr & Hackett Blvd, Albany, NY

Recently listedView details

Studio apartment at Abraxas At 90 State Apartments in Albany, NY

Apartment · Albany

$1,870/mo

Rating coming soon

Studio|1 ba|442 ft²

Abraxas At 90 State Apartments

90 State St, Albany, NY

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1-bedroom apartment at Alexander at Patroon Creek Apartments in Albany, NY

Apartment · Albany

$1,894/mo

Rating coming soon

1 bd|1 ba|635 ft²

Alexander at Patroon Creek Apartments

Alexander at Patroon Creek Apartments, Albany

Verified active·Recently listedView details

Renting in Albany, NY: common questions

How much is rent in Albany, NY?: The average asking rent across the 23 listings we track in Albany, NY is $1,302/mo, with the cheapest starting at $800/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Albany?: 6 South Lake Apartments is the lowest-priced rental we're tracking in Albany, NY at $800/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Albany?: Based on the listings we track in Albany, NY: studios around $1,252/mo, one-bedrooms around $1,271/mo, two-bedrooms around $1,493/mo, three-bedrooms around $1,500/mo. These are averages and shift with availability.
Is Albany expensive to rent in?: Relatively no. Albany's average rent of $1,302/mo is about 41% below the NY state average of $2,206/mo, making it one of the more affordable markets in the state.

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