Average Rent in Albany, NY and Rent Price Trends

Rent trends in Albany, NY

Average rent prices in Albany have remained the same over the last month and have increased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Albany, NY

Rent prices in Albany vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Albany is $1,600, whereas a house costs $2,150. 1-bedroom apartments in Albany run $1,350 on average, while 2-bedroom apartments are $1,600.


Studio	$1,250	2%	1%
1 bedroom	$1,340	3%	1%
2 bedroom	$1,600	3%	4%
3 bedroom	$1,850	2%	7%
4 bedroom	$2,200	3%	2%

		Listings
Capitol Hill	$1,625
Center Square	$1,587
Central Avenue	$1,450
Delaware Avenue	$1,850
Downtown Albany	$1,595
New Scotland	$1,495
Park South	$1,737
Pine Hills	$1,725
Sheridan Hollow	$1,500
West Hill	$1,237


Apartments	$1,600	1%	No Change
Condos	$1,775	4%	No Change
Houses	$2,150	6%	No Change
Rooms	$1,000	4%	-

Studio

Average rent

$1,250

Last 30 days

Last year

1 bedroom

Average rent

$1,340

Last 30 days

Last year

2 bedroom

Average rent

$1,600

Last 30 days

Last year

3 bedroom

Average rent

$1,850

Last 30 days

Last year

4 bedroom

Average rent

$2,200

Last 30 days

Last year

The table above reflects average rent prices in Albany, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Albany, NY compare to other cities?

Compare median rent prices in Albany and Clifton Park by all bedroom counts and property types.

Albany

Median rent price$1,650

15%

lower than the national median

Median rent price$1,550

20%

lower than the national median

Takeaway

The median rent for all rentals in Albany, NY is 6% higher than the median rent in Clifton Park, NY.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,550

$1,595

$2,275

$2,150

$2,012

$1,615

$1,595

$1,705

$1,600

$1,600

$1,580

$1,500

Cost of living in Albany, NY

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	10% higher
Groceries	1% higher
Health	3% higher
Housing	16% higher
Transportation	6% higher
Utilities	1% lower

Discover rentals in Albany, NY

No deposit

1d ago

Pine Hills house for rent in Albany

Room O Short-term furnished room. $325 weekly.

373 Morris St #H, Albany, NY 12208

1 bed

1 bath

$325

House for rent

Available Jul 31

5d+ ago

Pine Hills apartment for rent in Albany

MULTI_FAMILY - Albany, NY

320 Quail St #1, Albany, NY 12208

5 beds

2 baths

$700

Apartment for rent

4d ago

West Hill apartment for rent in Albany

669 Clinton Ave #1stFL, Albany, NY 12206

2 beds

1 bath

$899

Apartment for rent

Available Apr 13

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

5d+ ago

Helderberg house for rent in Albany

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

4 beds

1 bath

$900

House for rent

Available May 1

1d ago

8.3

Very good

192 Lark Street

192 Lark Street, Albany, NY 12210

2 beds

1 bath

$1,050

Apartment for rent

5d+ ago

Mansion Area apartment for rent in Albany

$1,125 - 2 Bedroom 1 Bathroom Apartment In Albany

151 Madison Ave #C, Albany, NY 12202

2 beds

1 bath

$1,125

Apartment for rent

Available Jun 5

1d ago

7.7

Very good

582 Park Ave LLC

582 Park Ave, Albany, NY 12208

2 beds

1 bath

$1,200

Apartment for rent

3d ago

West Hill apartment for rent in Albany

69 Lexington Ave #2, Albany, NY 12206

3 beds

1 bath

$1,200

Apartment for rent

Available Mar 31

Stay up to date with rental market insights

National Rent Report

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Annual Rent Report

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Frequently asked questions for Albany, NY

Quick answers to common questions about the Albany rental market.

How much is rent in Albany?

The average rent in Albany is $1,650 per month as of August 1, 2026.

Is rent up or down in Albany?

Average rent prices in Albany have remained the same over the last month and have increased by 4% since last year.

How does Albany rent compare to the national average?

Rent in Albany is 15% below the national average, which means renters are paying approximately $290 less per month.

Which neighborhoods are most affordable in Albany?

The most affordable neighborhoods in Albany are West Hill ($1,237/mo), Central Avenue ($1,450/mo), and New Scotland ($1,495/mo).

What salary do I need to afford rent in Albany?

To comfortably afford rent in Albany, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Albany?

Based on Zumper's July 2026 data, one-bedroom apartments in Albany average around $1,300/month and two-bedrooms approximately $1,570/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).