How much is the average rent in Albany, NY for 1-bedroom and 2-bedroom apartments?

Albany's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units rent for around $1,600 monthly. These figures represent the current market conditions across the city's diverse neighborhood options.

Are rents going up or down in Albany, NY?

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.

When is the best time to look for an apartment in Albany, NY?

April offers the lowest rent levels in Albany, while December presents the least competitive conditions with reduced demand. January sees the highest rent levels, creating approximately a 4.5% difference between peak and off-peak pricing, making spring and winter months ideal for apartment hunting.

What are the best neighborhoods to rent an apartment in Albany, NY?

West Hill generates the highest consumer interest at 1.4 times the market average, while Central Avenue and Capitol Hill offer excellent restaurant options and strong street infrastructure. Center Square and Sheridan Hollow provide quality entertainment venues with reliable transit access connecting residents throughout the city.

What areas of Albany, NY are best for budget-conscious renters?

West Hill offers apartments at around $1,290 monthly, which is 16% below the city median, making it the most affordable option. Central Avenue follows at around $1,340 per month, sitting 8% below median, while Mansion Area provides another budget-friendly choice at around $1,310 monthly.

Are there pet-friendly apartments in Albany, NY?

Albany welcomes pets with 41% of rental listings offering pet-friendly policies. Buckingham Lake - Crestwood and West Hill feature specialized pet amenities like pet flooring and pet-safe windows, while Mansion Area and Center Square provide dog parks, outdoor pet space, and no breed restrictions.

Are utilities usually included in rent in Albany, NY?

Utilities are rarely included in Albany rental prices, appearing in less than 1% of all listings across the market. One-bedroom apartments show the highest rate at 0.14% of listings, while two-bedroom units have utilities included in only 0.09% of available rentals.

Cheap Apartments for Rent in Albany, NY

131 rentals

366 New Scotland Ave #2ndFL - Photo 1 of 1

5d+ ago

Cheap Helderberg house for rent in Albany

366 New Scotland Ave #2ndFL, Albany, NY 12208

Affordable | In-unit laundry | Garage parking

4 beds

1 bath

$900

House for rent

Available May 1

Top amenities

Furnished

Garage Parking

Hardwood Floor

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap West Hill apartment for rent in Albany

669 Clinton Ave #1stFL, Albany, NY 12206

Affordable | Carpet | Outdoor space

2 beds

1 bath

$999

Apartment for rent

Available Apr 13

4d ago

Cheap Sheridan Hollow apartment for rent in Albany

Welcome to 333 orange st

333 Orange St #BS, Albany, NY 12210

Affordable | Garage parking | Hardwood floor

2 beds

1 bath

$1,000

Apartment for rent

Available May 30

5d+ ago

8.5

Very good

West Street Properties

West St, Albany, NY 12206

Affordable

1–4 beds

1 bath

$1,000–$1,800

Apartment for rent

3d ago

8.3

Very good

192 Lark Street

192 Lark Street, Albany, NY 12210

Affordable

2 beds

1 bath

$1,050

Apartment for rent

3d ago

7.7

Very good

138 Morton Avenue

138 Morton Ave, Albany, NY 12202

Affordable

2 beds

1 bath

$1,150

Apartment for rent

Nearby rental good for eco-living

$1,000–$1,800

West St

Nearby rental good for pet owners

$1,395

100 Ryckman Ave

Luxury Affordable Apartments - Photo 1 of 1

5d+ ago

7.6

Very good

Luxury Affordable Apartments

798 Broadway, Albany, NY 12207

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,150

Apartment for rent

Top amenities

In-Unit Laundry

Oven

5d+ ago

7.8

Very good

137 Madison Ave

137 Madison Ave, Albany, NY 12202

Affordable

2 beds

1 bath

$1,200

Apartment for rent

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5d+ ago

Cheap Center Square apartment for rent in Albany

156 Jay St, Albany, NY 12210

Affordable

2 beds

1 bath

$1,200

Apartment for rent

3d ago

8.4

Very good

423 Central Ave

423 Central Ave, Albany, NY 12206

Affordable

2 beds

1 bath

$1,250

Apartment for rent

Find sweet deals in Albany

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$999

669 Clinton Ave #1stFL

$1,050

192 Lark Street

$1,125

151 Madison Ave #C

$1,150

798 Broadway

5d+ ago

Cheap Mansion Area apartment for rent in Albany

Prime location...1st floor apartment easy access to everything

103 Grand St #1, Albany, NY 12202

Affordable | Hardwood floor

2 beds

1 bath

$1,250

Apartment for rent

Available Jun 1

5d+ ago

8.6

Very good

498 Washington Ave

498 Washington Ave, Albany, NY 12203

Affordable | Dishwasher | Oven

2–4 beds

1 bath

$1,295–$1,500

Apartment for rent

22h ago

Cheap Central Avenue apartment for rent in Albany

13 Western Ave, Albany, NY 12203

Affordable | Storage | Hardwood floor

2 beds

1 bath

$1,400

$1,300

Price drop

Apartment for rent

Available May 31

5d+ ago

Cheap Pine Hills apartment for rent in Albany

Sunny 2Bd Apt facing Madison Park

277 Ontario St #2F, Albany, NY 12203

Affordable | High ceilings

2 beds

1 bath

$1,300

Apartment for rent

Available May 1

5d+ ago

Cheap Sheridan Hollow apartment for rent in Albany

254 Sheridan Ave

254 Sheridan Ave #2, Albany, NY 12210

Affordable | Storage | Hardwood floor

3 beds

1 bath

$1,300

Apartment for rent

Available Jun 1

4d ago

8.8

Very good

190 South Allen Street

190 S Allen St, Albany, NY 12208

Affordable

2 beds

1 bath

$1,350

Apartment for rent

5d+ ago

8.8

Very good

88 Ontario

88 Ontario St, Albany, NY 12206

Affordable | Dishwasher | Microwave

3 beds

1 bath

$1,350

Apartment for rent

5d+ ago

8.6

Very good

2 Bedroom Apartment

19 Elberon Pl, Albany, NY 12203

Affordable | In-unit laundry | Garage parking

2 beds

1 bath

$1,350

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

8.9

Very good

267 Myrtle Avenue

267 Myrtle Ave, Albany, NY 12208

Affordable

3 beds

1 bath

$1,350

Apartment for rent

5d+ ago

Cheap West Hill apartment for rent in Albany

69 Lexington Ave #2, Albany, NY 12206

Affordable | In-unit laundry

3 beds

1 bath

$1,350

Apartment for rent

Available Mar 31

Top amenities

In-Unit Laundry

5d+ ago

Cheap South End apartment for rent in Albany

70 Osborne St, Albany, NY 12202

Affordable | In-unit laundry

3 beds

1 bath

$1,350

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap South End apartment for rent in Albany

11 Osborne Street - 2

11 Osborne St #2, Albany, NY 12202

Affordable

3 beds

1 bath

$1,375

Apartment for rent

Available Jan 14

845 New Scotland Ave Apt 4 #Apt 4 - Photo 1 of 1

4d ago

Cheap Buckingham Lake - Crestwood apartment for rent in Albany

845 New Scotland Ave Apt 4

845 New Scotland Ave Apt 4 #Apt 4, Albany, NY 12208

Affordable | In-unit laundry | Hardwood floor

2 beds

1 bath

$1,395

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

4d ago

8.8

Very good

100 Ryckman Avenue

100 Ryckman Ave, Albany, NY 12208

Affordable | On-site laundry

2 beds

2 baths

$1,395

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Pine Hills apartment for rent in Albany

504 Morris St #2, Albany, NY 12208

Affordable

2 beds

1 bath

$1,395

Apartment for rent

Available May 17

5d+ ago

Cheap Pine Hills apartment for rent in Albany

100 Ryckman Ave #2R, Albany, NY 12208

Affordable | In-unit laundry | Storage

2 beds

2 baths

$1,395

Apartment for rent

Top amenities

Hardwood Floor

In-Unit Laundry

On-Site Laundry

1d ago

8.3

Very good

56 Second Avenue

56 Second Avenue, Albany, NY 12202

Affordable

2 beds

1 bath

$1,400

Apartment for rent

5d+ ago

Cheap condo for rent in Albany

Two Bedroom 1 Bath

47 Ten Broeck St #B, Albany, NY 12210

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,400

Condo for rent

Available May 31

Top amenities

In-Unit Laundry

5d+ ago

8.3

Very good

135 Madison

135 Madison Ave, Albany, NY 12202

Affordable

2 beds

1 bath

$1,400

Apartment for rent

5d+ ago

Cheap Mansion Area apartment for rent in Albany

96 Grand St, Albany, NY 12202

Affordable | Storage | Hardwood floor

2 beds

1 bath

$1,400

Apartment for rent

Available May 13

5d+ ago

Cheap Park South apartment for rent in Albany

The Park…

520 Madison Ave #3, Albany, NY 12208

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,400

Apartment for rent

Available Jun 1

Top amenities

Dishwasher

High Ceilings

In-Unit Laundry

5d+ ago

Cheap Central Avenue apartment for rent in Albany

APARTMENT - Other - Albany, NY

56 S Swan St #B, Albany, NY 12210

Affordable | In-unit laundry | Outdoor space

2 beds

1 bath

$1,400

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Mansion Area apartment for rent in Albany

APARTMENT - Other - Albany, NY

17 Ash Grove Pl #4, Albany, NY 12202

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,400

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap North Albany - Shaker Park apartment for rent in Albany

628 N Pearl St, Albany, NY 12204

Affordable | On-site laundry | Garage parking

3 beds

1 bath

$1,500

Apartment for rent

Top amenities

Air Conditioning

On-Site Laundry

5d+ ago

Cheap South End apartment for rent in Albany

79 Second Avenue - 1

79 2nd Ave #1, Albany, NY 12202

Affordable

4 beds

1 bath

$1,500

Apartment for rent

Available Dec 5

5d+ ago

Cheap Pine Hills apartment for rent in Albany

471 Hamilton St, Albany, NY 12203

Affordable | On-site laundry | Outdoor space

4 beds

1 bath

$1,550

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap New Scotland apartment for rent in Albany

441 Ontario Street - 1

441 Ontario St #1, Albany, NY 12208

Affordable | Storage | Outdoor space

3 beds

1 bath

$1,550

Apartment for rent

Available Sep 8

Affordable 3 bedroom, 1 bathroom, 1st floor - Photo 1 of 1

1d ago

8.5

Very good

Affordable 3 bedroom, 1 bathroom, 1st floor

56 Elberon Pl, Albany, NY 12203

Affordable | Microwave

3 beds

1 bath

$1,575

Apartment for rent

4d ago

Cheap apartment for rent in Albany

11 King Ave - 2

11 King Ave #2, Albany, NY 12206

Affordable | Storage | Carpet

3 beds

1 bath

$1,600

Apartment for rent

Available May 29

Top amenities

Hardwood Floor

Storage

5d+ ago

Cheap apartment for rent in Albany

APARTMENT - Other - Albany, NY

479 West St, Albany, NY 12206

Affordable | In-unit laundry | Hardwood floor

3 beds

1 bath

$1,600

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Pine Hills apartment for rent in Albany

273 Ontario Street - 2

273 Ontario St #2, Albany, NY 12203

Affordable

4 beds

1 bath

$1,600

Apartment for rent

Available Dec 5

3D tour

17h ago

8.6

Very good

3 bedroom, 1 bathroom

43 Elberon Pl, Albany, NY 12203

Affordable | In-unit laundry

3 beds

1 bath

$1,650

Apartment for rent

Top amenities

In-Unit Laundry

1d ago

Cheap Delaware Avenue apartment for rent in Albany

50 Southern Blvd #2, Albany, NY 12209

Affordable | Storage | Hardwood floor

3 beds

1 bath

$1,650

Apartment for rent

3 Bedroom Off Campus Housing - Photo 1 of 1

3D tour

1d ago

8.8

Very good

3 Bedroom Off Campus Housing

51 Elberon Pl, Albany, NY 12203

Affordable | On-site laundry | Garage parking

3 beds

1 bath

$1,650

Apartment for rent

Top amenities

Microwave

On-Site Laundry

Wonderful 3 Bedroom Student Housing - Photo 1 of 1

3d ago

8.8

Very good

Wonderful 3 Bedroom Student Housing

45 Elberon Pl, Albany, NY 12203

Affordable | On-site laundry | Garage parking

3 beds

1 bath

$1,650

Apartment for rent

Top amenities

Garage Parking

On-Site Laundry

5d+ ago

8.3

Very good

203 Partridge Street

203 Partridge St, Albany, NY 12203

Affordable

3 beds

1 bath

$1,650

Apartment for rent

5d+ ago

Cheap Second Avenue apartment for rent in Albany

Residential Rental, Duplex - Albany, NY

108 2nd Ave, Albany, NY 12202

Affordable | Garage parking

3 beds

1 bath

$1,650

Apartment for rent

No deposit

13h ago

Cheap Center Square apartment for rent in Albany

343 Madison Ave #2, Albany, NY 12210

Affordable | In-unit laundry

3 beds

1 bath

$1,700

Apartment for rent

Available Jun 15

Top amenities

In-Unit Laundry

17h ago

Cheap Center Square apartment for rent in Albany

343 Madison Ave #343-2, Albany, NY 12210

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$1,700

Apartment for rent

Available Jun 15

Top amenities

Dishwasher

In-Unit Laundry

5d+ ago

Cheap West Hill apartment for rent in Albany

SINGLE_FAMILY - Other - Albany, NY

316 2nd St, Albany, NY 12206

Affordable | Carpet | Outdoor space

3 beds

1 bath

$1,700

Apartment for rent

Showing 1 - 50 of 112 results

Home > Apartments in Albany > Albany Cheap Apartments For Rent

Updated: June 2, 2026

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💸Lowest price	$900
🔑Available apartment rentals	131
💰Best rent deal	366 New Scotland Ave #2ndFL
✨Popular amenities	, ,
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