Average Rent in Albany, NY and Rent Price Trends

Rent price summary for
Albany, NY

As of September 2025, the median rent for all bedroom counts and property types in Albany, NY is $1,525. This is -23% lower than the national average.

$2.14

average price per square foot

Median rent

$1,525

over the previous yearvs previous year

Total rentals

271

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Albany, NY is $1,525. This is -23% lower than the national average.

$2.14

average price per square foot

Rent ranges

49%

41%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

63%

37%

Renter-occupied

Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Albany, NY
The monthly rent for an apartment in Albany, NY is $1,500. A 1-bedroom apartment in Albany, NY costs about $1,275 on average, while a 2-bedroom apartment is $1,500. Houses for rent in Albany, NY are more expensive, with an average monthly cost of $2,150.


1 bedroom	$1,250	No Change	3%
2 bedroom	$1,500	1%	11%
3 bedroom	$1,685	3%	5%
4 bedroom	$2,200	2%	10%
Studio	$1,131	10%	10%

		Comparables
Capitol Hill	$1,395
Center Square	$1,410
Central Avenue	$1,350
Delaware Avenue	$1,500
Downtown Albany	$1,615
Melrose	$1,437
New Scotland	$1,600
Park South	$1,587
Pine Hills	$1,650
West Hill	$1,300


Apartments	$1,500	1%	No Change
Condos	$1,550	5%	No Change
Houses	$2,150	7%	No Change
Rooms	$812	8%	-

Studio

Average rent

$1,131

Last 30 days

10%

Last year

10%

1 bedroom

Average rent

$1,250

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,500

Last 30 days

Last year

11%

3 bedroom

Average rent

$1,685

Last 30 days

Last year

4 bedroom

Average rent

$2,200

Last 30 days

Last year

10%

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.

Compare rent prices in Albany, NY to other cities

Median rent prices in Albany, NY for all bedroom counts and property types compared to Clifton Park, NY.

Albany

Median rent price$1,525

23%

lower than the national median

Median rent price$1,595

19%

lower than the national median

Takeaway

The median rent for all rentals in Albany, NY is 4% lower than the median rent in Clifton Park, NY.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities
Explore rent trends in other markets

Clifton Park

$1,595

Last year

Cohoes

$1,450

12%

Last year

Delmar

$1,932

Last year

Glenmont

$1,600

26%

Last year

Guilderland

$1,735

Last year

Latham

$2,187

10%

Last year

Niskayuna

$1,650

23%

Last year

Rensselaer

$1,727

Last year

Schenectady

$1,510

Last year

Scotia

$1,600

Flat

Last year

Troy

$1,500

12%

Last year

Watervliet

$1,435

Last year

Cost of living in
Albany, NY

The overall cost of living in Albany, NY is 5% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.