Last updated on July 1, 2026

Average rent in
Downtown Albany, Albany, NY

Median rent

Median rent in Downtown Albany

$1,600/mo

decreased by14%

vs previous year

The average rent in Downtown Albany is $1,600 per month as of June 2026. This is 18% below the national average rent, or $350 less per month.

$2.73

average price per square foot

Total rentals

Available rentals in Downtown Albany

18

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Downtown Albany rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Downtown Albany, Albany, NY

Average rent prices in Downtown Albany have increased by 2% over the last month and have decreased by 14% 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 Downtown Albany, Albany, NY

Rent prices in Downtown Albany vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Albany is $1,860, whereas a house costs $2,100. 1-bedroom apartments in Downtown Albany run $1,890 on average, while 2-bedroom apartments are $1,650.

Listings

Studio

$1,195

No Change

16%

1 bedroom

$1,612

No Change

5%

2 bedroom

$1,600

22%

22%

3 bedroom

$1,850

-

-

4 bedroom

$2,000

-

-

Studio

Average rent

$1,195

Last 30 days

No Change

Last year

16%

1 bedroom

Average rent

$1,612

Last 30 days

No Change

Last year

5%

2 bedroom

Average rent

$1,600

Last 30 days

22%

Last year

22%

3 bedroom

Average rent

$1,850

4 bedroom

Average rent

$2,000

The table above reflects average rent prices in Downtown Albany, 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 Downtown Albany, Albany, NY compare to other neighborhoods?

Compare median rent prices in Downtown Albany and Center Square by all bedroom counts and property types.

Downtown Albany

Median rent price$1,600
decreased by18%

lower than the national median

Median rent price$1,582
decreased by19%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Albany, Albany, NY is 1% higher than the median rent in Center Square, Albany, NY.

Discover rentals in Downtown Albany, Albany, NY

Abraxas at 90 State - Photo 1 of 1
Rent special

1d ago

8.5

Very good

Abraxas at 90 State

90 State St, Albany, NY 12207

Studio–1 bed

1 bath

$1,525–$2,200

Apartment for rent

99 Pine Street - Photo 1 of 1

1d ago

9.4

Excellent

99 Pine Street

99 Pine St, Albany, NY 12207

Studio–1 bed

1 bath

$1,285–$1,850

Apartment for rent

111 Pine St #3E - Photo 1 of 1

5d+ ago

Downtown Albany apartment for rent in Albany

1 bed

1 bath

$1,575

Apartment for rent

Available Sep 1

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 Downtown Albany, Albany, NY

Quick answers to common questions about the Downtown Albany rental market.

How much is rent in Downtown Albany?

The average rent in Downtown Albany is $1,600 per month as of June 27, 2026.

Is rent up or down in Downtown Albany?

Average rent prices in Downtown Albany have increased by 2% over the last month and have decreased by 14% since last year.

How does Downtown Albany rent compare to the national average?

Rent in Downtown Albany is 18% below the national average, which means renters are paying approximately $350 less per month.

What salary do I need to afford rent in Downtown Albany?

To comfortably afford rent in Downtown Albany, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

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).

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