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Cheap Apartments for Rent in Albany, NY - 36 Rentals available

We found 2 rentals in Albany, NY and 34 rentals nearby

Apartments Under $1,200

  • Apartment
    610 Warren Street, Albany, NY 12208
    $1,015
    • 1-2 Beds
    • 1 Bath
    Available Today!
    (518) 489-2046

We found 5 rentals within a 3-mile radius of Albany, NY

  • Apartment
    26 Meadowbrook Dr Apt 50, Slingerlands, NY 12159
    $1,063 - $2,034
    • 1-2 Beds

We found 1 rental within a 5-mile radius of Albany, NY

  • Apartment
    185 Van Rensselaer Boulevard, Menands, NY 12204
    $1,000 - $1,435
    • Studio-2 Beds

We found 28 rentals within a 10-mile radius of Albany, NY

  • Apartment
    100 Foxwood Drive, Clifton Park, NY 12065
    $860 - $1,250
    • Studio-2 Beds
  • Apartment
    173 Doorstone Drive, Latham, NY 12110
    $1,080 - $1,305
    • 1-3 Beds
  • Apartment
    100 Vandenburgh Place, Troy, NY 12180
    $910 - $1,325
    • 1-3 Beds
  • Apartment
    457 State Route 146, Guilderland Center, NY 12085
    $761 - $1,708
    • 1-3 Beds
  • Apartment
    737 Columbia Turnpike, East Greenbush, NY 12061
  • Apartment
    20 Eastview Dr, Watervliet, NY 12189

    Contact for Pricing

    • Studio-2 Beds

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Renting a Cheap Apartment in Albany

New York’s state capital, one of the first New World settlements in 1614, has twice been voted an All-America City and is currently on an upswing of redevelopment. Nanotechnology jobs and the continued presence of state education, government and health care are among the major employment sectors. The Albany Plan revitalized the city’s downtown area. Lakes, streams, rolling hills and the Hudson River are notable features. Dozens of unique neighborhoods ranging from urban revitalization housing downtown to more suburban living on the outskirts of the city give the Albany renter lots of choices.

Albany, NY Demographics

  • Total Population98,498
  • Female 46,249
    Male 52,249
  • Median Age30.9

Average Rent in Albany, NY

  • Albany, NY Average Rental Price, June 2019$1,251/mo

Albany, NY Apartment Rent Ranges

  • $501-$7005%
  • $701-$1,00025%
  • $1,001-$1,50052%
  • $1,501-$2,00012%
  • > $2,0007%

Albany, NY Rent Trends

Average Rent Jan / 2018 May / 2018 Jun / 2019
Albany, NY $1,211 $1,216 $1,251
National $1,366 $1,381 $1,396
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Albany, NY Households

  • Total Number of Households41,245
  • Family 16,406
    Non-family 24,839
  • Children 8,174
    No Children 33,071
  • Average People Per Household2.14
  • Median Household Income$43,790
  • Median Housing Costs Per Month$971

Albany, NY Education Statistics

  • No High School3%
  • Some High School34%
  • Some College20%
  • Associate Degree9%
  • Bachelor Degree20%
  • Graduate Degree15%

Looking for a cheap apartment for rent in Albany, NY? With RENTCafé, finding an affordable apartment in Albany, NY has never been easier. We feature 20 low-priced rentals directly from property managers, with rents lower than the Albany, NY average. What is a cheap rent in Albany, NY? The average apartment rent in Albany is $1,250 per month so any rental south of $1,000 would be considered cheap here. On RENTCafé, Albany, NY rents go as low as $1,015/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!