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The average monthly rent in Downtown Albany, Albany is down 3.35% compared to last month and down 10.13% year-over-year.
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2d ago
1 bed
1 bath
$1,150
Apartment for rent
2d ago
2 beds
1 bath
$1,100–$1,200
Apartment for rent
4d ago
2 beds
1 bath
$1,200
Apartment for rent
1m ago
90 State Street, Albany, NY 12207
In-unit laundry | Garage parking | On-site laundry
Studio–2 beds
1 bath
$1,980–$2,585
Apartment for rent
4d ago
1 bed
1 bath
$1,325–$1,740
Apartment for rent
5d+ ago
Downtown Albany condo for rent in Albany
111 Pine Street #3E, Albany, NY 12207
Air conditioning | On-site laundry | Elevator
1 bed
1 bath
$1,575
Condo for rent
Available Sep 1
High Ceilings
Fitness Center
On-Site Laundry
In-Unit Laundry
5d+ ago
Downtown Albany apartment for rent in Albany
90 State St, Albany, NY 12207
In-unit laundry | On-site laundry | Fitness center
2 beds
1 bath
$1,909
Apartment for rent
5d+ ago
Downtown Albany apartment for rent in Albany
1 bed
1 bath
$1,375
Apartment for rent
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3d ago
Verified
1 bed
1 bath
$1,694
Apartment for rent
Available Aug 15
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
5d+ ago
Apartment for rent in Rensselaer
95 Third Avenue #1, Rensselaer, NY 12144
On-site laundry | Central heat | Hardwood floor
3 beds
1 bath
$1,600
Apartment for rent
Available Oct 20
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
$1,000
Apartment for rent
Available Oct 11
5d+ ago
Mansion Area apartment for rent in Albany
2 beds
1 bath
$1,125
Apartment for rent
Available Aug 12
5d+ ago
1 bed
1 bath
$1,100
Apartment for rent
2d ago
1 bed
1 bath
$900
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
2d ago
1 bed
1 bath
$1,975
Apartment for rent
2d ago
2 beds
1 bath
$1,050
Apartment for rent
2d ago
1 bed
1 bath
$1,150
Apartment for rent
1d ago
Mansion Area apartment for rent in Albany
59 Grand Street #1, Albany, NY 12207
Hardwood floor | Deck
2 beds
1 bath
$1,300
Apartment for rent
Available Dec 15
1d ago
Sheridan Hollow apartment for rent in Albany
87 Columbia Street #2F, Albany, NY 12210
Hardwood floor | Dishwasher
Studio
1 bath
$1,250
Apartment for rent
Available Jan 1
5d+ ago
South End apartment for rent in Albany
3 beds
1 bath
$1,450
Apartment for rent
Available Dec 5
5d+ ago
South End apartment for rent in Albany
4 beds
1 bath
$1,600
Apartment for rent
Available Dec 5
5d+ ago
South End apartment for rent in Albany
4 beds
1 bath
$1,600
Apartment for rent
Available Dec 5
5d+ ago
South End apartment for rent in Albany
3 beds
1 bath
$1,450
Apartment for rent
Available Dec 5
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25 rentals
100 rentals
31 rentals
71 rentals
13 rentals
12 rentals
10 rentals
13 rentals
11 rentals
14 rentals
325 rentals
47 rentals
9 rentals
33 rentals
18 rentals
15 rentals
11 rentals
19 rentals
96 rentals
15 rentals
7 rentals
15 rentals
256 rentals
133 rentals
76 rentals
16 rentals
15 rentals
3 rentals
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 size of a 1 bedroom apartment rental in Downtown Albany is 817 square feet. The average size of a 2 bedroom apartment rental in Downtown Albany is 5181 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.
1 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 |