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.

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.

Luxury Apartments for Rent in Albany, NY

138 rentals available

One and Two Bedroom Units with Tons of Natural Light! - Photo 1 of 1

No deposit

1d ago

9.1

Excellent

One and Two Bedroom Units with Tons of Natural Light!

800 Madison Ave, Albany, NY 12208

Luxury | Central heat | Dishwasher

1 bed

1 bath

$1,550

Apartment for rent

1d ago

Very good

The Elouise

11 S Lake Ave, Albany, NY 12203

Luxury

1 bed

1 bath

$1,450

Apartment for rent

1d ago

8.3

Very good

366 Hamilton Street

366 Hamilton St, Albany, NY 12210

Luxury

1 bed

1 bath

$1,695

Price drop

Apartment for rent

Rent special

1d ago

8.5

Very good

Abraxas at 90 State

90 State St, Albany, NY 12207

Luxury | Fitness center | In-unit laundry

Studio–1 bed

1 bath

$1,675–$2,130

Apartment for rent

Top amenities

Controlled Access

Elevator

Fitness Center

Garage Parking

In-Unit Laundry

On-Site Laundry

2d ago

8.9

Very good

221 Lancaster Street

221 Lancaster St, Albany, NY 12210

Luxury

1 bed

1 bath

$1,200

Apartment for rent

2d ago

8.3

Very good

200 N. Pearl St. Unit 2

200 N Pearl St Apt 2, Albany, NY 12207

Luxury

2 beds

1 bath

$2,000

Apartment for rent

Nearby rental good for eco-living

$1,575

47 S Lake Ave

Nearby rental good for pet owners

$1,340–$1,754

115 Krumkill Rd

2d ago

8.6

Very good

538 Myrtle Avenue

538 Myrtle Ave, Albany, NY 12208

Luxury

1 bed

1 bath

$1,250–$1,350

Apartment for rent

2d ago

Excellent

260 Washington Avenue

260 Washington Ave, Albany, NY 12210

Luxury | Storage | Residents lounge

2 beds

2 baths

$1,975

Apartment for rent

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2d ago

7.9

Very good

276 State Street

276 State St, Albany, NY 12210

Luxury

1 bed

1 bath

$1,050

Apartment for rent

2d ago

8.3

Very good

612 Madison Avenue

612 Madison Ave, Albany, NY 12208

Luxury

1 bed

1 bath

$950

Apartment for rent

Find sweet deals in Albany

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

$1,340–$1,754

115 Krumkill Rd

$1,131

570 Western Avenue

$1,175

121 Dove St #3

$1,250

1676 Western Ave Apt 3e

2d ago

Very good

140 Hamilton St

140 Hamilton St, Albany, NY 12207

Luxury | Dishwasher | Oven

1–2 beds

1 bath

$1,350–$1,500

Apartment for rent

3d ago

Luxury Sheridan Hollow apartment for rent in Albany

97 Columbia St #8, Albany, NY 12210

Luxury | Central heat

Studio

1 bath

$1,000

Apartment for rent

3d ago

Very good

541 Clinton Ave

541 Clinton Ave, Albany, NY 12206

Luxury

1 bed

1 bath

$1,200

Apartment for rent

3d ago

8.5

Very good

449 State Street

449 State St, Albany, NY 12203

Luxury

Studio

1 bath

$895

Apartment for rent

The Reserve at Park South II - Photo 1 of 1

No deposit

3d ago

8.7

Very good

The Reserve at Park South II

86 Dana Ave, Albany, NY 12208

Luxury | In-unit laundry | Furnished

Studio–1 bed

1 bath

$1,700–$1,900

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

Microwave

Hinckel Brewery Development LLC - Photo 1 of 1

3d ago

8.6

Very good

Hinckel Brewery Development LLC

201 Park Ave, Albany, NY 12202

Luxury | In-unit laundry

1–2 beds

1 bath

$1,440–$2,000

Apartment for rent

Top amenities

In-Unit Laundry

3d ago

8.8

Very good

542 Washington

542 Washington Ave, Albany, NY 12203

Luxury

1 bed

1 bath

$1,200

Apartment for rent

Danker Village Apartments - Photo 1 of 1

4d ago

Very good

Danker Village Apartments

129 Lincoln Ave, Albany, NY 12206

Luxury

1–2 beds

1 bath

$1,265–$1,541

Apartment for rent

New construction

4d ago

Luxury Pine Hills apartment for rent in Albany

APARTMENT - Other - Albany, NY

521 Warren St #3, Albany, NY 12208

Luxury | In-unit laundry | Air conditioning

2 beds

1 bath

$2,300

$2,050

Price drop

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

On-Site Laundry

4d ago

Luxury apartment for rent in Albany

$1600 - 1 Bedroom 1 Bathroom Fully Furnished Apartment In Albany

37 Ten Broeck St, Albany, NY 12210

Luxury | Furnished | On-site laundry

1 bed

1 bath

$1,600

Apartment for rent

Available May 1

Top amenities

Furnished

On-Site Laundry

4d ago

9.1

Excellent

255 State Street

255 State St, Albany, NY 12210

Luxury

1 bed

1 bath

$1,250

Apartment for rent

4d ago

8.1

Very good

33 Center Street

33 Center St, Albany, NY 12204

Luxury

2 beds

1 bath

$1,825

Apartment for rent

5d+ ago

8.8

Very good

318 State St

318 State St, Albany, NY 12210

Luxury | In-unit laundry | Microwave

1 bed

1 bath

$1,350–$1,495

Apartment for rent

Top amenities

In-Unit Laundry

The Reserve on Hackett Apartments - Photo 1 of 1

No deposit

5d+ ago

8.6

Very good

The Reserve on Hackett Apartments

36 Hackett Blvd, Albany, NY 12209

Luxury | In-unit laundry | Air conditioning

1 bed

1 bath

$1,750–$1,900

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

Microwave

5d+ ago

8.9

Very good

BRAND NEW RENOVATED APARTMENTS

525 Clinton Ave, Albany, NY 12206

Luxury

1 bed

1 bath

$1,131

Apartment for rent

5d+ ago

7.1

Very good

1-2 Leonard Place

1 Leonard Pl Apt 2, Albany, NY 12202

Luxury

1 bed

1 bath

$1,200

Apartment for rent

5d+ ago

Very good

541 Myrtle Avenue

541 Myrtle Ave, Albany, NY 12208

Luxury

2 beds

1 bath

$1,850

Apartment for rent

5d+ ago

Luxury Mansion Area apartment for rent in Albany

33 Elm Street - 0

33 Elm St #0, Albany, NY 12202

Luxury

1 bed

1 bath

$1,150

Apartment for rent

Available Dec 17

5d+ ago

8.8

Very good

251 State LLC

251 State St, Albany, NY 12210

Luxury | In-unit laundry

Studio

1 bath

$1,100

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Luxury condo for rent in Albany

Stunning townhome offers 2 large bedrooms each with their own high-end

27 Woodside Dr, Albany, NY 12208

Luxury | In-unit laundry | Air conditioning

2 beds

2.5 baths

$1,920

Condo for rent

Top amenities

Dishwasher

Garage Parking

In-Unit Laundry

5d+ ago

9.2

Excellent

263 Central Ave

263 Central Ave, Albany, NY 12206

Luxury | Microwave | Oven

1 bed

1 bath

$1,100–$1,131

Apartment for rent

5d+ ago

8.6

Very good

138 Washington Avenue

138 Washington Ave, Albany, NY 12210

Luxury

1 bed

1 bath

$1,800

Apartment for rent

5d+ ago

Excellent

284 South Allen St

284 S Allen St, Albany, NY 12208

Luxury

1 bed

1 bath

$1,400

Apartment for rent

5d+ ago

8.6

Very good

81 Ten Broeck St

81 Ten Broeck St, Albany, NY 12210

Luxury | Dishwasher | Oven

1 bed

1 bath

$1,200

Apartment for rent

New construction

5d+ ago

Luxury Pine Hills apartment for rent in Albany

APARTMENT - Other - Albany, NY

521 Warren St #4, Albany, NY 12208

Luxury | In-unit laundry | Air conditioning

2 beds

1 bath

$2,600

$1,950

Price drop

Apartment for rent

Top amenities

Air Conditioning

High Ceilings

In-Unit Laundry

On-Site Laundry

5d+ ago

Luxury Park South apartment for rent in Albany

Modern 1 Bed, 1 Bath Unit on Madison Ave, Albany - Avail 6/15 - $1600

548 Madison Ave #3, Albany, NY 12208

Luxury | Balcony | In-unit laundry

1 bed

1 bath

$1,600

Apartment for rent

Available Jun 15

Top amenities

Dishwasher

In-Unit Laundry

170 Washington Ave Apt 3a - Photo 1 of 1

5d+ ago

Luxury Central Avenue apartment for rent in Albany

170 Washington Ave Apt 3a, Albany, NY 12210

Luxury | Fitness center | In-unit laundry

1 bed

1 bath

$1,650

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

Fitness Center

In-Unit Laundry

170 Washington Ave Ste 1a - Photo 1 of 1

5d+ ago

Luxury Central Avenue apartment for rent in Albany

170 Washington Ave Ste 1a, Albany, NY 12210

Luxury | Fitness center | In-unit laundry

1 bed

1 bath

$1,450

Apartment for rent

Top amenities

Central Heat

Dishwasher

Fitness Center

In-Unit Laundry

170 Washington Ave Apt 3b - Photo 1 of 1

5d+ ago

Luxury Central Avenue apartment for rent in Albany

170 Washington Ave Apt 3b, Albany, NY 12210

Luxury | Fitness center | In-unit laundry

Studio

1 bath

$1,450

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Fitness Center

In-Unit Laundry

170 Washington Ave Ste 1b - Photo 1 of 1

5d+ ago

Luxury Central Avenue apartment for rent in Albany

170 Washington Ave Ste 1b, Albany, NY 12210

Luxury | Fitness center | In-unit laundry

1 bed

1 bath

$1,450

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Central Heat

Fitness Center

In-Unit Laundry

5d+ ago

Luxury Washington Park apartment for rent in Albany

39 S Lake Ave #4, Albany, NY 12203

Luxury | Walk-in closets

1 bed

1 bath

$1,350

Apartment for rent

5d+ ago

Luxury Mansion Area apartment for rent in Albany

96 Grand St, Albany, NY 12202

Luxury | On-site laundry | Hardwood floor

1 bed

1 bath

$1,300

$1,200

Price drop

Apartment for rent

Available May 13

Top amenities

On-Site Laundry

5d+ ago

Luxury Pine Hills apartment for rent in Albany

9 Woodlawn Ave, Albany, NY 12208

Luxury | Outdoor space

1 bed

1 bath

$1,325

Apartment for rent

Available May 15

5d+ ago

Luxury Center Square apartment for rent in Albany

$2,200 - 2 Bed / 1.5 Bath Apt In Center Square, Albany, with Backyard.

154 Lancaster St #1, Albany, NY 12210

Luxury | In-unit laundry | Dishwasher

2 beds

1.5 baths

$2,200

Apartment for rent

Available Jun 23

Top amenities

In-Unit Laundry

5d+ ago

Luxury Center Square apartment for rent in Albany

$1,475 - 1 Bedroom 1 Bathroom Apartment In Albany With Great Amenities

357 Madison Ave #BS, Albany, NY 12210

Luxury | On-site laundry | Assigned parking

1 bed

1 bath

$1,475

Apartment for rent

Available Jun 1

Top amenities

Assigned Parking

Central Heat

On-Site Laundry

On-Site Management

5d+ ago

Luxury house for rent in Albany

$2,900 - 3 Bedroom 3 Bathroom House In Albany With Great Amenities

10 Alfred Dr E #NA, Albany, NY 12205

Luxury | Garage parking | On-site laundry

3 beds

3 baths

$2,900

House for rent

Available Jul 1

Top amenities

Assigned Parking

On-Site Laundry

5d+ ago

Luxury apartment for rent in Albany

166 Morton Ave, Albany, NY 12202

Luxury | In-unit laundry | Microwave

1 bed

1 bath

$2,200

$1,350

Price drop

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Luxury Mansion Area apartment for rent in Albany

APARTMENT - Other - Albany, NY

94 Philip St #1, Albany, NY 12202

Luxury | Outdoor space

1 bed

1 bath

$1,300

$1,200

Price drop

Apartment for rent

5d+ ago

Luxury apartment for rent in Albany

APARTMENT - Other - Albany, NY

50 Van Wie Ter #A, Albany, NY 12203

Luxury | Storage | Carpet

1 bed

1 bath

$1,200

Apartment for rent

5d+ ago

Luxury apartment for rent in Albany

50+ Independent Living One Bedroom Avail. NOW - 1365/Monthly

1949 Western Ave #303, Albany, NY 12203

Luxury | In-unit laundry | Air conditioning

1 bed

1 bath

$1,365

Apartment for rent

Available Jun 3

Top amenities

Carpet

Dishwasher

In-Unit Laundry

On-Site Laundry

Storage

Showing 1 - 50 of 96 results

Home > Apartments in Albany > Albany Luxury Apartments For Rent

Updated: June 22, 2026

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