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The average monthly rent in Albany is down 2.03% compared to last month and down 1% year-over-year.
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All rentals
17h ago
1–2 beds
1 bath
$1,700–$2,250
Apartment for rent
19h ago
Normanskill apartment for rent in Albany
1 Colatosti Pl, Albany, NY 12208
Air conditioning | On-site laundry | Ceiling fan
2 beds
1 bath
$1,450
Apartment for rent
5d+ ago
Washington Park apartment for rent in Albany
1 bed
1 bath
$1,450
Apartment for rent
5d+ ago
Washington Park apartment for rent in Albany
2 beds
1 bath
$1,800
Apartment for rent
5d+ ago
Park South apartment for rent in Albany
In-unit laundry | Dishwasher | Microwave
1 bed
1 bath
$1,650
Apartment for rent
5d+ ago
Park South apartment for rent in Albany
In-unit laundry | Dishwasher | Microwave
1 bed
1 bath
$1,700
$1,600
Price drop
Apartment for rent
5d+ ago
Park South apartment for rent in Albany
In-unit laundry | Outdoor space
1 bed
1 bath
$1,600
Apartment for rent
5d+ ago
Park South apartment for rent in Albany
In-unit laundry | Dishwasher | Microwave
Studio
1 bath
$1,525
Apartment for rent
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5d+ ago
Park South apartment for rent in Albany
In-unit laundry | Dishwasher | Microwave
1 bed
1 bath
$1,650
Apartment for rent
5d+ ago
Park South apartment for rent in Albany
In-unit laundry | Outdoor space
1 bed
1 bath
$1,675
Apartment for rent
Outdoor Space
Hardwood Floor
On-Site Laundry
In-Unit Laundry
5d+ ago
Park South apartment for rent in Albany
In-unit laundry | Dishwasher
Studio
1 bath
$1,525
Apartment for rent
5d+ ago
Park South apartment for rent in Albany
Studio
1 bath
$1,525
Apartment for rent
5d+ ago
Park South apartment for rent in Albany
Microwave
1 bed
1 bath
$1,675
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$1,694
Apartment for rent
Available Aug 15
5d+ ago
Verified
Studio–1 bed
1 bath
$968–$1,251
Apartment for rent
Available Aug 14
5d+ ago
Verified
Studio–1 bed
1 bath
$897–$1,230
Apartment for rent
Available Aug 14
5d+ ago
Verified
1 bed
1 bath
$1,297
Apartment for rent
5d+ ago
Verified
Studio–1 bed
1 bath
$968–$1,251
Apartment for rent
Available Aug 14
5d+ ago
Verified
Studio–1 bed
0–1 bath
$968–$1,251
Apartment for rent
Available Aug 14
5d+ ago
Verified
1 bed
1 bath
$968–$1,251
Apartment for rent
Available Aug 14
5d+ ago
Verified
Studio–1 bed
0–1 bath
$968–$1,251
Apartment for rent
Available Aug 14
5d+ ago
Verified
Studio
1 bath
$968–$1,251
Apartment for rent
Available Aug 14
5d+ ago
Verified
1 bed
1 bath
$968–$1,251
Apartment for rent
Available Aug 14
3h ago
Studio–3 beds
1–2 baths
$1,015–$1,800
Apartment for rent
14h ago
1 bed
1 bath
$1,600–$1,650
Apartment for rent
15h ago
1 bed
1 bath
$1,250
Apartment for rent
19h ago
Studio–1 bed
1 bath
$1,500–$1,800
Apartment for rent
1d ago
Capitol Hill apartment for rent in Albany
241 Elm St #1, Albany, NY 12202
Hardwood floor | Walk-in closets | Outdoor space
1 bed
1 bath
$1,150
Apartment for rent
Available Aug 1
3d ago
Studio–2 beds
1–2 baths
$1,299–$2,715
Apartment for rent
5d+ ago
1 bed
1 bath
$900
Apartment for rent
5d+ ago
1 bed
1 bath
$1,200
Apartment for rent
5d+ ago
1–3 beds
1 bath
$1,000–$1,650
Apartment for rent
5d+ ago
1 bed
1 bath
$1,200
Apartment for rent
5d+ ago
1 bed
1 bath
$1,195
Apartment for rent
5d+ ago
Studio–2 beds
1 bath
$1,000–$1,200
Apartment for rent
5d+ ago
Apartment for rent in Albany
733 Broadway #102, Albany, NY 12207
In-unit laundry | Assigned parking | Fitness center
2 beds
1 bath
$1,700
Apartment for rent
5d+ ago
Center Square apartment for rent in Albany
96 Chestnut St #1F, Albany, NY 12210
On-site laundry | Balcony | Hardwood floor
Studio
1 bath
$1,500
Apartment for rent
Available May 1
5d+ ago
Center Square apartment for rent in Albany
96 Chestnut St #2F, Albany, NY 12210
In-unit laundry | Hardwood floor | Dishwasher
1 bed
1 bath
$1,500
Apartment for rent
Available May 1
5d+ ago
Central Avenue apartment for rent in Albany
34 Spring St #1, Albany, NY 12210
Dishwasher | Outdoor space
1 bed
1 bath
$1,200
Apartment for rent
Available Oct 1
5d+ ago
Apartment for rent in Albany
733 Broadway #209, Albany, NY 12207
In-unit laundry | Assigned parking | Fitness center
2 beds
1 bath
$1,850
Apartment for rent
5d+ ago
Center Square house for rent in Albany
1 bed
1 bath
$1,050
House for rent
Available Sep 13
5d+ ago
Apartment for rent in Albany
24 Rawson St #FL1, Albany, NY 12206
1 bed
1 bath
$1,100
Apartment for rent
5d+ ago
Pine Hills condo for rent in Albany
2 beds
1 bath
$1,100
Condo for rent
Available Aug 22
6h ago
2 beds
1 bath
$2,200
House for rent
Available Jul 15
7h ago
2–3 beds
1 bath
$1,500–$1,950
Apartment for rent
8h ago
North Albany - Shaker Park house for rent in Albany
3 beds
1 bath
$1,700
House for rent
Available Sep 26
8h ago
2 beds
1 bath
$1,350
Apartment for rent
9h ago
538 Madison Ave, Albany, NY 12208
In-unit laundry | Dishwasher | Microwave
2 beds
1 bath
$1,750
Apartment for rent
9h ago
171 Quail St, Albany, NY 12203
In-unit laundry | Dishwasher
3 beds
1 bath
$1,350–$2,200
Apartment for rent
10h ago
1 bed
1 bath
$1,550
Apartment for rent
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As the capital city of New York, Albany offers a blend of history, commerce, and culture. Located in the state's Capital District, the city's economy relies heavily on government, health care, and technology. It's part of eastern New York's Tech Valley, which represents the technology industry. Some of the area's largest employers include the Rensselaer Polytechnic Institute and the State University of New York Polytechnic Institute.
The ninety-eight-acre Empire State Plaza in Albany is the hub of the New York government, housing the State Capitol building and the New York State Museum. Since the 1880s, the Capitol has served as the seat of state government. You can visit when the New York State Legislature is in session or take a tour to see the architecture of the 19th-century building. City Hall, another historic building built in the Romanesque style, sits across from the State Capitol.
With four distinct seasons throughout the year, Albany offers many types of outdoor activities, from downhill skiing to zip lining. Golf enthusiasts can enjoy the city's many beautiful courses, ranging from championship-level facilities to mini-golf attractions. Every spring, the city hosts a Tulip Festival at Washington Park, which draws visitors from across New York and beyond. The festival features over one hundred varieties of tulips, as well as gardening exhibits, art galleries, and food vendors.
In addition to its historic and political significance, Albany prides itself on being a unique culinary destination. Try the city's famous fish fry sandwich and the ubiquitous Melba sauce, a sweet raspberry sauce the locals use on their mozzarella sticks. The city also has numerous restaurants to satisfy every palate, from pizza joints to fine dining
Albany rent data for:
As of today, you'll find 271 apartments for rent in Albany, with a median rent price of $1,525 per month. Albany has seen a 1%—or $16—decrease in median rent price compared to the previous year.Average Rent
$1,525Year Over Year Change
-1%
$16
Rentals available, last 30 days
271
The average rent in Albany, NY, for rentals of all sizes and types, is $1,525, which is a 1% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Albany, NY is about $1,250. The average rent for 2-bedroom apartments in Albany, NY is $1,500, and studios are about $1,131 per month.
See more Albany, NY rent data on our rent research page.
About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.
Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.
45 tremont st
albany, NY, 12205
108 whitehall rd
albany, NY, 12209
385 new scotland ave
albany, NY, 12208
1044 western ave
albany, NY, 12203
41 n allen st
albany, NY, 12203
Showing 1 - 5 of 11 results
Age Range
0-19
22%
20-34
32%
35-44
10%
45-64
20%
65+
13%
Language
English
81%
Spanish
5%
Indo Euro
6%
Asia Pac
3%
Other
2%
Education
No HS
11%
High School
37%
Bachelor's
29%
Master's
14%
Prof Degree
4%
Doctorate
2%
Household Income
0-25k
27%
25-50k
24%
50-75k
16%
75-100k
10%
100-150k
12%
150k+
8%
Albany locals spend about 18 minutes commuting, and most drive to get to work. The best way to fly in or out of Albany is through Syracuse Hancock International Airport, 122.13 miles away.
Scores for Albany are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Albany, 64% of residents reported feeling satisfied or very satisfied with the city overall, which is higher than the national average of 60%.
Top Three Reasons to Live in Albany
Public transportation
79%Satisfaction rating
Affordable housing
64%Satisfaction rating
Pet friendly
64%Satisfaction rating
Other Things to Consider
Data last updated in 2024. Do you live here? Take our survey and share your experience.
How we got this dataThe overall cost of living in Albany, NY is 5% higher than the national average, according to the Cost of Living Index published by the Council for Community and Economic Research. This is calculated by comparing several expenses, including food and basic necessities like energy and healthcare. When it comes to comparing these expenses to the rest of the country, in Albany you can expect groceries to cost more than the national average, and healthcare to cost less. Eggs run about $3.83 per carton, and milk $4.92. Regarding healthcare costs, a doctor’s visit could amount to $138.11 on average—but this will likely vary depending on several factors, including insurance and medical specialty.
CATEGORY | AVERAGE COST COMPARED TO NATIONAL AVERAGE |
---|---|
Goods & Services | 10% higher |
Groceries | 3% higher |
Utilities | 1% lower |
Transportation | 4% higher |
Health | 2% lower |
CATEGORY
Goods & Services
AVERAGE COST COMPARED TO NATIONAL AVERAGE
CATEGORY
Groceries
AVERAGE COST COMPARED TO NATIONAL AVERAGE
CATEGORY
Utilities
AVERAGE COST COMPARED TO NATIONAL AVERAGE
CATEGORY
Transportation
AVERAGE COST COMPARED TO NATIONAL AVERAGE
CATEGORY
Health
AVERAGE COST COMPARED TO NATIONAL AVERAGE
Albany residents appreciate the rich history and cultural offerings in the area, along with the accessibility of diverse dining options. Many highlight the proximity to parks and outdoor activities as a significant benefit for those who enjoy spending time outside. However, some express concerns about the city's public transportation system and the occasional issues with safety in certain neighborhoods, which can be a point of frustration for renters navigating the city.
The average rent for a 1-bedroom apartment in Albany, NY is $1,318, while a 2-bedroom apartment averages $1,608.
Rents in Albany, NY are on the rise, with an 8.5% year-over-year increase in average monthly rent. The trend is upward across all apartment types.
The best time to look for an apartment in Albany is during the winter months, as December is the least competitive month with lower demand, potentially offering lower prices.
The most sought-after neighborhoods in Albany include Delaware Avenue, Pine Hills, and West Hill, known for their character and amenities.
For budget-conscious renters, the Mansion Area is ideal, with 1-bedroom rents 13% lower than the city median.
Yes, Albany has a substantial number of pet-friendly apartments, with 51.80% of listings accommodating pets.
In Albany, 21% of apartment listings include utilities in the rent.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
🔑Available apartment rentals | 369 |
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💰Best rent deal | 570 Western Avenue |
✨Popular amenities | , , |
🧦In-unit laundry | |
🍽With dishwasher | |
🏠With photos |