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The average monthly rent in Downtown Albany, Albany is down 3.31% compared to last month and down 13.5% year-over-year.
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17m ago
Downtown Albany condo for rent in Albany
111 Pine St #3E, Albany, NY 12207
Air conditioning | On-site laundry | Elevator
1 bed
1 bath
$1,575
Condo for rent
Available Sep 1
17h ago
1 bed
1 bath
$1,565–$1,740
Apartment for rent
19h ago
Studio–2 beds
1–2 baths
$1,725–$2,640
Apartment for rent
1d ago
2 beds
1 bath
$1,200
Apartment for rent
5d+ ago
2 beds
1 bath
$1,100–$1,200
Price drop
Apartment for rent
5d+ ago
Downtown Albany apartment for rent in Albany
1 bed
1 bath
$1,375
Apartment for rent
High Ceilings
Garage Parking
On-Site Laundry
In-Unit Laundry
5d+ ago
Apartment for rent in Albany
733 Broadway Apt 102 #102, Albany, NY 12207
In-unit laundry | Assigned parking | Fitness center
1 bed
1 bath
$1,600
Apartment for rent
5d+ ago
Apartment for rent in Albany
733 Broadway Apt 209 #209, Albany, NY 12207
In-unit laundry | Assigned parking | Fitness center
2 beds
1 bath
$1,800
Apartment for rent
Be the first to hear about new listings matching your search.
24m ago
Verified
1 bed
1 bath
$1,694
Apartment for rent
Available Aug 15
5d+ ago
Sheridan Hollow condo for rent in Albany
2 beds
1 bath
$1,300
Condo for rent
Available Nov 1
5d+ ago
Center Square house for rent in Albany
1 bed
1 bath
$1,050
House for rent
Available Nov 1
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
South End apartment for rent in Albany
1 bed
1 bath
$1,095
Apartment for rent
Available Oct 11
5d+ ago
Sheridan Hollow apartment for rent in Albany
1 bed
1 bath
$1,050
Apartment for rent
Available Oct 3
5d+ ago
Mansion Area apartment for rent in Albany
2 beds
1 bath
$1,125
Apartment for rent
Available Aug 12
19h ago
Studio–1 bed
1 bath
$950–$1,000
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
3d ago
1–2 beds
1–2 baths
$1,050–$1,300
Apartment for rent
20h ago
Studio
1 bath
$995–$1,100
Price drop
Apartment for rent
2d ago
Studio–1 bed
1 bath
$1,100–$1,350
Apartment for rent
5d+ ago
1 bed
1 bath
$900
Apartment for rent
5d+ ago
1 bed
1 bath
$1,150
Apartment for rent
1d ago
1 bed
1 bath
$938
Apartment for rent
11h ago
Condo for rent in Rensselaer
820 1st St #1, Rensselaer, NY 12144
Hardwood floor | Carpet | Outdoor space
1 bed
1 bath
$1,400
Condo for rent
Available Nov 1
2d ago
South End house for rent in Albany
56 Catherine St #NA, Albany, NY 12202
On-site laundry | Outdoor space
3 beds
1 bath
$1,925
$1,785
Price drop
House for rent
Available Oct 28
5d+ ago
Apartment for rent in Rensselaer
95 3rd Ave #1, Rensselaer, NY 12144
On-site laundry | Central heat | Hardwood floor
3 beds
1 bath
$1,600
Apartment for rent
Available Oct 20
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Downtown Albany, Albany rent data for:
As of today, you'll find 16 apartments for rent in Albany, with a median rent price of $1,590 per month. Albany has seen a 13%—or $242—decrease in median rent price compared to the previous year.Average Rent
$1,590Year Over Year Change
-13%
$242
Rentals available, last 30 days
16
The average rent in Downtown Albany, Albany, NY, for rentals of all sizes and types, is $1,590, which is a 13.5% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Downtown Albany, Albany, NY is about $1,387. The average rent for 2-bedroom apartments in Downtown Albany, Albany, NY is $1,625, and studios are about $1,299 per month.
See more Downtown Albany, Albany, NY rent data on our rent research page.
274 s pearl st
albany, NY, 12202
94 delaware ave
albany, NY, 12202
1 arbor dr
albany, NY, 12207
400 sheridan ave
albany, NY, 12206
43 bertha st
albany, NY, 12209
Showing 1 - 5 of 11 results
Age Range
0-19
14%
20-34
28%
35-44
10%
45-64
30%
65+
16%
Language
English
90%
Spanish
3%
Indo Euro
1%
Asia Pac
4%
Other
0%
Education
No HS
9%
High School
55%
Bachelor's
25%
Master's
7%
Prof Degree
0%
Doctorate
1%
Household Income
0-25k
74%
25-50k
14%
50-75k
6%
75-100k
0%
100-150k
1%
150k+
2%
Downtown Albany, Albany has a walk score of 7/10, so when you need to run errands or leave the neighborhood, consider heading out on foot. With a public transportation score of 10/10, you’ll have many opportunities to commute via metro bus or train.
Scores for Albany are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
Downtown Albany's rental market offers a good selection of listings, with an average of about 47 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a notable number of studios also available. Many of these apartments feature popular amenities such as hardwood floors, in-unit laundry, and access to a fitness center. In fact, over 80% of Downtown Albany apartments have hardwood floors and in-unit laundry, making it an attractive option for renters seeking convenience and comfort. With its desirable amenities and range of apartment types, Downtown Albany is a great neighborhood to consider for those looking to rent in Albany.
Downtown Albany's rental market saw a significant increase of 15.4% last year, with the average monthly rent reaching $1,816. 1-bedrooms averaged $1,648 per month, a 17.5% annual increase, while 2-bedrooms averaged $2,151, a 13.2% increase. Studios rented for approximately $1,658, a 12.8% increase from the previous year. The largest annual increase was seen in 3-bedrooms, which rose by 41.2% to $3,600.
Rents in Downtown Albany tend to peak in the summer, with August being the most expensive month. Compared to March, the month with the lowest rent, prices in August are about 23.4% higher. If you're looking for a new apartment, be prepared for more competition during the summer months. Conversely, searching during the off-season, such as in March, may result in more affordable options. Keep in mind that the rental market can fluctuate, and prices may vary depending on the time of year and available inventory.
Downtown Albany stands out as a hub for individuals prioritizing social life and fitness wellness. The neighborhood's appeal for fitness enthusiasts can be attributed to its numerous amenities, including onsite gym equipment, parks and recreation areas, fitness centers, and sports facilities. Additionally, features like low VOC materials and soundproofing contribute to a healthier living environment, while regular health and wellness events foster a sense of community.
For those valuing an active social life, Downtown Albany offers a vibrant atmosphere, with a variety of restaurants, entertainment venues, and a well-developed street infrastructure that ensures safety and easy transit. This blend of amenities makes Downtown Albany an attractive choice for renters seeking a dynamic and balanced lifestyle.
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.
The average rent for 1 bedroom apartments for rent in Downtown Albany is $1723 per month. There are 3 1 bedroom apartments for rent in Downtown Albany, NY.
The average rent for 2 bedroom apartments for rent in Downtown Albany is $2100 per month. Currently, there are 2 2 bedroom apartments for rent in Downtown Albany, NY.
The average rent price in Downtown Albany, NY for a 2 bedroom apartment is $2100 per month. Downtown Albany average rent price is above the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in Downtown Albany is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
The average size of a 1 bedroom apartment rental in Downtown Albany is 838 square feet. The average size of a 2 bedroom apartment rental in Downtown Albany is 341 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Downtown Albany average rent prices.
2 bedroom apartments are the most common type of rentals in Downtown Albany, Albany, NY right now.
Studio apartments are the least common type of rentals in Downtown Albany, Albany, NY right now.
| 🔑Available apartment rentals | 25 | 
|---|---|
| 💰Best rent deal | 226 Jay St | 
| ✨Popular amenities | , , | 
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |