Last updated on September 17, 2026

Average rent in
Albany, NY

Key takeaways for renters

  • Where Albany rent stands today

    Albany, NY rent rose 4.9% year over year, with a current median of $1,600/month. Renters pay $69 more per month than last year despite a slight month-over-month decline of 1.5%.

  • Albany is 15.8% more affordable than the $1,900/month national median. The city offers a moderately priced rental market with 332 total rentals available.

  • Price ranges

    Studios rent for $1,250/month, 1-bedrooms for $1,300/month, and 2-bedrooms for $1,598/month. Houses rent higher at $1,988/month, while apartments make up 83.8% of total rentals, showing clear price tiers.

  • Neighborhood spotlight

    Rents in Dunes rose 31.7% year over year to $2,100/month, and Upper Washington Avenue increased 27.0% to $1,905/month. In contrast, Whitehall rents fell 32.6% to $1,650/month, showing notable variation within Albany compared to the citywide 4.9% rise.

Median rent

Median rent in Albany

$1,600/mo

increased by5%

vs previous year

The average rent in Albany is $1,600 per month as of September 2026. This is 16% below the national average rent, or $300 less per month.

$2.35

average price per square foot

Total rentals

Available rentals in Albany

332

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Albany rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Albany, NY

Average rent prices in Albany have decreased by 2% over the last month and have increased by 5% 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 $1,595, whereas a house costs $1,987. 1-bedroom apartments in Albany run $1,300 on average, while 2-bedroom apartments are $1,595.

Listings

Studio

$1,250

4%

3%

1 bedroom

$1,300

No Change

2%

2 bedroom

$1,597

2%

5%

3 bedroom

$1,795

2%

3%

4 bedroom

$2,100

1%

3%

Studio

Average rent

$1,250

Last 30 days

4%

Last year

3%

1 bedroom

Average rent

$1,300

Last 30 days

No Change

Last year

2%

2 bedroom

Average rent

$1,597

Last 30 days

2%

Last year

5%

3 bedroom

Average rent

$1,795

Last 30 days

2%

Last year

3%

4 bedroom

Average rent

$2,100

Last 30 days

1%

Last year

3%

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$1,600
decreased by16%

lower than the national median

Median rent price$1,645
decreased by13%

lower than the national median

Takeaway

The median rent for all rentals in Albany, NY is 3% lower than the median rent in Clifton Park, NY.

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 & Services10% higher
Groceries1% higher
Health3% higher
Housing16% higher
Transportation6% higher
Utilities1% lower

Discover rentals in Albany, NY

320 Quail St #1 - Photo 1 of 1

5d+ ago

Pine Hills apartment for rent in Albany

Residential Income, Albany, NY

320 Quail St #1, Albany, NY 12208

5 beds

2 baths

$700

192 Lark Street - Photo 1 of 1

4d ago

8.3

Very good

192 Lark Street

192 Lark Street, Albany, NY 12210

2 beds

1 bath

$1,050

69 Lexington Ave #2 - Photo 1 of 1

5d+ ago

West Hill apartment for rent in Albany

423 Central Ave - Photo 1 of 1

4d ago

8.4

Very good

423 Central Ave

423 Central Ave, Albany, NY 12206

2 beds

1 bath

$1,250

Stay up to date with rental market insights

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

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 $1,600 per month as of September 12, 2026.

Is rent up or down in Albany?

Average rent prices in Albany have decreased by 2% over the last month and have increased by 5% since last year.

How does Albany rent compare to the national average?

Rent in Albany is 16% below the national average, which means renters are paying approximately $300 less per month.

Which neighborhoods are most affordable in Albany?

The most affordable neighborhoods in Albany are West Hill ($1,425/mo), Sheridan Hollow ($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 $64,000/year, based on spending no more than 30% of your income on rent.

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

April offers the lowest rents in Albany, with approximately 4.5% savings compared to January's peak prices. December also represents a less competitive period with lower demand relative to supply.

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).

Apartments for rent in Albany