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Albany, NY rent prices by neighborhood: see where they're highest and lowest

Median overall rent across Albany, NY's 26 mapped neighborhoods is $1,822, ranging from $803 in Vale & Eastern Ave to $2,514 in Delmar.

Median apartment rent by neighborhood in Albany, NY Albany 12203: $1,949/mo · 7 buildings Albany 12203 $1,949 Albany 12205: $1,790/mo · 4 buildings Albany 12205 $1,790 Albany 12206: $1,551/mo · 6 buildings Altamont 12009: $1,468/mo · 3 buildings Altamont 12009 $1,468 Arbor Hill: $1,607/mo · 3 buildings Ballston Spa 12020: $2,259/mo · 7 buildings Ballston Spa 12020 $2,259 Buckingham Lake: $2,018/mo · 5 buildings Clifton Park 12065: $1,817/mo · 11 buildings Clifton Park 12065 $1,817 Cohoes 12047: $2,020/mo · 3 buildings Delmar: $2,514/mo · 2 buildings East Greenbush 12061: $2,107/mo · 1 buildings East Greenbush 12061 $2,107 Guilderland 12084: $2,051/mo · 4 buildings Latham 12110: $2,187/mo · 6 buildings Latham 12110 $2,187 Mechanicville 12118: $1,483/mo · 1 buildings Mechanicville 12118 $1,483 Menands 12204: $2,015/mo · 3 buildings Niskayuna 12309: $1,619/mo · 3 buildings Rensselaer 12144: $2,132/mo · 3 buildings Rensselaer 12144 $2,132 Saratoga Springs 12866: $2,443/mo · 3 buildings Saratoga Springs 12866 $2,443 Schenectady 12302: $1,827/mo · 1 buildings Schenectady 12302 $1,827 Schenectady 12305: $1,452/mo · 3 buildings Schenectady 12306: $1,655/mo · 4 buildings Schenectady 12306 $1,655 Schenectady 12308: $1,604/mo · 3 buildings Ten Broeck Triangle: $1,843/mo · 3 buildings Troy 12180: $1,551/mo · 10 buildings Troy 12180 $1,551 Vale & Eastern Ave: $803/mo · 2 buildings Watervliet 12189: $1,387/mo · 1 buildings
Median rent Under $1,551 $1,551–$1,655 $1,655–$1,949 $1,949–$2,107 Over $2,107 No listings yet Streets © OpenStreetMap , © CARTO

All neighborhoods, ranked by rent

Click a row to see apartments in that area.

# Neighborhood Median rent Buildings Trend 1-yr change
1 Vale & Eastern Ave $803 2
2 Watervliet 12189 $1,387 1
3 Schenectady 12305 $1,452 3
4 Altamont 12009 $1,468 3
5 Mechanicville 12118 $1,483 1
6 Albany 12206 $1,551 6
7 Troy 12180 $1,551 10
8 Schenectady 12308 $1,604 3
9 Arbor Hill $1,607 3
10 Niskayuna 12309 $1,619 3
11 Schenectady 12306 $1,655 4
12 Albany 12205 $1,790 4
13 Clifton Park 12065 $1,817 11
14 Schenectady 12302 $1,827 1
15 Ten Broeck Triangle $1,843 3
16 Albany 12203 $1,949 7
17 Menands 12204 $2,015 3
18 Buckingham Lake $2,018 5
19 Cohoes 12047 $2,020 3
20 Guilderland 12084 $2,051 4
21 East Greenbush 12061 $2,107 1
22 Rensselaer 12144 $2,132 3
23 Latham 12110 $2,187 6
24 Ballston Spa 12020 $2,259 7
25 Saratoga Springs 12866 $2,443 3
26 Delmar $2,514 2
Timeframe

Average rent trend, last 3 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,907
Average rent today
Average rent trend in Albany, NY $1,750$1,983$2,217$2,450 May 21Jun 11Jul 9Jul 30Aug 20
Full Albany, NY price history and price cuts

Compare Albany, NY to nearby New York cities

Median 1-bedroom rent. Click a city to see its market.

How these numbers are calculated

Each neighborhood on this map is a single ZIP code, drawn from U.S. Census Bureau ZCTA boundaries. We label each one with the commonly-used neighborhood name where Google has one (for example "Downtown Austin" instead of "78701"), and the ZIP code itself otherwise. Each building is matched to its ZIP by checking whether its coordinates fall inside the boundary, not by comparing address labels, so a building in Albany, NY only counts toward Albany, NY's median even if its mailing address uses a different name.

Median rents are recomputed every 24 hours. We take each property's current floor-plan prices, group them by bedroom count, and take the median across every unit inside the ZIP. ZIPs with fewer than four current listings are hidden from the map until the data fills in. Better to leave a blank than draw a confident color from one floor plan.

For comparison, the U.S. Census Bureau publishes a New York median gross rent figure based on survey responses (the 2025 ACS), and Zillow's ZORI index publishes a smoothed monthly observed-rent estimate at the metro level. Both are useful long-run benchmarks but lag the live market by 30–90 days. RentCafe's neighborhood-level averages are similar in spirit to what you see here, but use a different smoothing window.

Want to dig further? Browse every apartment in Albany, NY, see the city-wide price history for the last 4 months, or read about how the data is collected.

Frequently asked questions

What is the cheapest neighborhood in Albany, NY?
Vale & Eastern Ave is the cheapest neighborhood for apartments in Albany, NY, with a median rent of $803 per month based on prices refreshed every 24 hours.
What is the most expensive neighborhood in Albany, NY?
Delmar is the most expensive neighborhood for apartments in Albany, NY at a median of $2,514 per month.
How much is an apartment in Albany, NY?
The median apartment in Albany, NY rents for $1,822 per month across 26 mapped neighborhoods. Prices are refreshed every 24 hours.
Where can I find the most affordable apartments in Albany, NY?
The most affordable areas tracked are Vale & Eastern Ave, Watervliet 12189, Schenectady 12305, Altamont 12009, Mechanicville 12118. Each has its own filtered listing on the Albany, NY apartments page.

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