Apartments for Rent in Albany, NY - Rated by Verified Residents

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Apartments in Buckingham Pond - Crestwood $1,605
Apartments in Downtown Albany $1,852
Apartments in Eagle Hill $2,267
Apartments in Hudson Park $1,506
Apartments in Pine Hills $1,577
Apartments in Sheridan Hollow $1,808

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Average rent in Albany, NY

$1,681/mo Albany, NY average rental price, February 2025

The average monthly rent of apartments in Albany, NY is $1,681.

Albany, NY apartment rent ranges

About 33% of apartment rents in Albany, NY range between $1,501-$2,000. Meanwhile, apartments priced over $2,001-$2,500 represent 11% of apartments. Around 48% of Albany’s apartments are in the $1,001-$1,500 price range. 1% of apartments are priced ≤ $1000.

Albany, NY rent trends

Check out the average rent prices in Albany by neighborhood.

Compared to the national average rent of $1,751, the average rent in Albany, NY is $1,681.

Getting around in Albany, NY

56 /100

Somewhat Walkable

49 /100

Some Transit

67 /100

Bikeable

Walk Score®: 56, Transit Score®: 49, Bike Score®: 67

Frequently asked questions

When were prices and availability in Albany, NY last updated?

Prices and availability in Albany, NY were last updated on 25 Mar 2025.

What are the best apartments in Albany, NY?

The best apartments in Albany, NY are: 363 state street, Capitol Crossings, Slip 12, 44 James and The Palmer House Apartments.

What is the average rent in Albany, NY?

The average rent in Albany, NY is $1,691.

What is the price range for a studio apartment in Albany, NY?

The price range for a studio apartment in Albany, NY is between $800 and $2,400.

What is the price range for a 1-bedroom apartment in Albany, NY?

The price range for a 1-bedroom apartment in Albany, NY is between $800 and $2,600.

What is the price range for a 2-bedroom apartment in Albany, NY?

The price range for a 2-bedroom apartment in Albany, NY is between $850 and $2,954.

What is the price range for a 3-bedroom apartment in Albany, NY?

The price range for a 3-bedroom apartment in Albany, NY is between $1,075 and $1,913.

What type of rental buildings are in Albany, NY?

In Albany, 62% of the residents are renting compared to 38% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of Albany’s rentals, 81% are small-scale complexes with under 50 units, and 5% are single-family rentals.

What do typical apartment communities look like in Albany, NY?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Albany are about 46 years old, on average. Of these, 23% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 6 stories. About 69% of the rental communities here are low-rise, garden-style communities, 20% are mid-rises, and 19% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Albany, NY?

Studio apartments in Albany are around 11% of rentals, while 1-bedroom floor plans represent 44% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 37% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Living in Albany, NY

Albany is a small city located in upstate New York. It currently serves as the capital of New York and is located along the Hudson River. Originally, Albany’s location along the river made it an important trade center throughout the 18th and 19th centuries. In recent years, the city has been revitalized as many technology companies have moved here. In turn, these tech companies have attracted renters to the area from many of the country’s larger cities. There are also many students who rent in Albany as the city is home to the University at Albany, which is part of the SUNY system, as well as storied medical and legal schools. Many renters also enjoy living in Albany due to its central location. For instance, major cities like New York and Boston are both within easy driving distance. Meanwhile, lovers of the outdoors can easily drive to the Finger Lakes during the summer or ski resorts in Vermont during the winter. There are also plenty of things for renters to do in the city itself, including a beautiful waterfront park, museums and restaurants downtown.

Renting in Albany, NY

Most neighborhoods in Albany are very dense and walkable, making it a great choice for renters who are looking for somewhere with an urban feel. Here, many rental properties are located in historic row houses or apartment buildings that are full of charm and character. You’ll also find newer high-rise and mid-rise apartments throughout the downtown area. What’s more, the city has also made an effort to revive the downtown area in recent years with apartments that cater to young professionals. The cost of renting in Albany is relatively affordable when compared to larger nearby cities, like New York. However, apartments here still tend to be more expensive than the national average. Additionally, renters will typically need to pay a security deposit equivalent to at least one month’s rent when moving into a new apartment. However, Albany also has relatively strong renter protection laws, which ensure your right to a safe and habitable property.

Shopping in Albany, NY

There are many different types of shops conveniently located throughout Albany. In fact, many renters are able to walk to local grocery stores and drugstores. Grocery stores in Albany include ShopRite, Hannaford, Price Chopper, and Whole Foods, as well as local co-ops and international markets. In particular, the downtown area has an excellent selection of locally owned boutiques and thrift stores in the Center Square neighborhood. Likewise, the Crossgates Mall — which is located on the west side of town — is another popular place to go shopping. This mall contains department stores, as well as popular national chains. Other large retailers, like Walmart and Target, have locations near the mall.

Transportation in Albany, NY

There are many different ways to get around Albany. Many renters choose to have cars, which makes it easier to run errands or visit other nearby towns, but parking can be tricky in the dense downtown areas. There are also public buses available throughout Albany and to nearby cities, like Troy and Schenectady. Renters can also access many different regional Amtrak trains at the Albany-Rensselaer station across the Hudson River.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Albany, NY. Easily search through a wide selection of apartments for rent in Albany, NY, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Albany, NY apartments with rents starting from $800 and submit your rental application today!

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1 BED	Ask for Pricing
2 BEDS	Ask for Pricing

STUDIO	$1,295
1 BED	$995
2 BEDS	Ask for Pricing

STUDIO	$1,015
1 BED	$1,125
2+ BEDS	$1,280

STUDIO	$1,175
1 BED	$1,300

1 BED	$1,150+
2 BEDS	$1,355
3 BEDS	$1,750

STUDIO	$1,575
1 BED	$1,800+
2 BEDS	$2,500+

1 BED	$1,248+
2 BEDS	$1,270
3 BEDS	$1,395

STUDIO	$1,000
1 BED	$1,100

1 BED	$1,095
2 BEDS	$1,595

Apartments for Rent in Albany, NY 144 Rentals Available

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