Rental GuideAlbany, NY

Albany rent data for:

Apartments for rent

Average Rent

$1,525

Year Over Year Change

-9%

$150

Rentals available, last 30 days

285

Rent ranges for Albany apartments

$3,001 - $3,001

$2,251 - $3,000

$1,501 - $2,250

$751 - $1,500

$0 - $750

$3,001 - $3,001

$2,251 - $3,000

$1,501 - $2,250

41%

$751 - $1,500

49%

$0 - $750

41%

49%

How has rent in Albany, NY changed in the last two years?

The average rent in Albany, NY, for rentals of all sizes and types, is $1,525, which is a 8.71% decrease year-over-year.

The monthly rent for 1-bedroom apartments in Albany, NY is about $1,200. The average rent for 2-bedroom apartments in Albany, NY is $1,547, and studios are about $1,097 per month.

See more Albany, NY rent data on our rent research page.

What are the K-12 schools in Albany, NY?

schools

8,146

students

About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.

Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.

Showing 1 - 5 of 11 results

Who lives in Albany, NY?

Gender

47% Male

53% Female

Age Range

0-19

22%

20-34

32%

35-44

10%

45-64

20%

65+

13%

Language

English

81%

Spanish

Indo Euro

Asia Pac

Other

Education

No HS

11%

High School

37%

Bachelor's

29%

Master's

14%

Prof Degree

Doctorate

What is the household breakdown in Albany, NY?

Families

27% Families

73% Single

Property

63% Renters

37% Owners

Household Income

0-25k

27%

25-50k

24%

50-75k

16%

75-100k

10%

100-150k

12%

150k+

How do residents get around Albany, NY?

Albany locals spend about 18 minutes commuting, and most drive to get to work. The best way to fly in or out of Albany is through Syracuse Hancock International Airport, 122.13 miles away.

Walking

7/10

Grab your reusable bags–many shops and stores are within walking distance.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Driving

7/10

This area is close to freeways and has adequate parking options.

Transit

8/10

Popular public transit options are just a short walk from this location.

Scores for Albany are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.

Satisfaction survey results for Albany, NY

We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Albany, 64% of residents reported feeling satisfied or very satisfied with the city overall, which is higher than the national average of 60%.

Top Three Reasons to Live in Albany

Public transportation

79%Satisfaction rating

Affordable housing

64%Satisfaction rating

Pet friendly

64%Satisfaction rating

Other Things to Consider

Parks & recreation

Nightlife

Quality schools

Job market

Weather

Cost of living

Dating scene

Parks & recreation

64%

Nightlife

57%

Quality schools

50%

Job market

43%

Weather

36%

Cost of living

36%

Dating scene

21%

64%

57%

50%

43%

36%

21%

Data last updated in 2024. Do you live here? Take our survey and share your experience.

How we got this data

What is the cost of living in Albany, NY?

The overall cost of living in Albany, NY is 5% higher than the national average, according to the Cost of Living Index published by the Council for Community and Economic Research. This is calculated by comparing several expenses, including food and basic necessities like energy and healthcare. When it comes to comparing these expenses to the rest of the country, in Albany you can expect groceries to cost more than the national average, and healthcare to cost less. Eggs run about $3.83 per carton, and milk $4.92. Regarding healthcare costs, a doctor’s visit could amount to $138.11 on average—but this will likely vary depending on several factors, including insurance and medical specialty.