Albany, NY rent prices by neighborhood: see where they're highest and lowest
Median overall rent across Albany, NY's 27 mapped neighborhoods is $1,687, ranging from $803 in Vale & Eastern Ave to $2,734 in Saratoga Springs 12866.
5 cheapest overall
- 1 Vale & Eastern Ave $803
- 2 Waterford 12188 $1,358
- 3 Watervliet 12189 $1,389
- 4 Mechanicville 12118 $1,461
- 5 Albany 12206 $1,525
5 most expensive overall
- 1 Saratoga Springs 12866 $2,734
- 2 Cohoes 12047 $2,321
- 3 Ballston Spa 12020 $2,232
- 4 Latham 12110 $2,170
- 5 Rensselaer 12144 $2,162
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 | Waterford 12188 | $1,358 | 2 | — | |
| 3 | Watervliet 12189 | $1,389 | 1 | — | |
| 4 | Mechanicville 12118 | $1,461 | 1 | — | |
| 5 | Albany 12206 | $1,525 | 5 | — | |
| 6 | Troy 12180 | $1,547 | 11 | — | |
| 7 | Arbor Hill | $1,578 | 3 | — | |
| 8 | Slingerlands 12159 | $1,590 | 1 | — | |
| 9 | Schenectady 12308 | $1,591 | 3 | — | |
| 10 | Schenectady 12306 | $1,615 | 4 | — | |
| 11 | Altamont 12009 | $1,623 | 3 | — | |
| 12 | Schenectady 12305 | $1,637 | 4 | — | |
| 13 | Schenectady 12302 | $1,683 | 1 | — | |
| 14 | Niskayuna 12309 | $1,687 | 3 | — | |
| 15 | Albany 12205 | $1,719 | 5 | — | |
| 16 | Clifton Park 12065 | $1,784 | 11 | — | |
| 17 | Ten Broeck Triangle | $1,833 | 3 | — | |
| 18 | East Greenbush 12061 | $1,845 | 3 | — | |
| 19 | Menands 12204 | $1,945 | 3 | — | |
| 20 | Albany 12203 | $2,024 | 7 | — | |
| 21 | Buckingham Lake | $2,067 | 6 | — | |
| 22 | Guilderland 12084 | $2,105 | 4 | — | |
| 23 | Rensselaer 12144 | $2,162 | 3 | — | |
| 24 | Latham 12110 | $2,170 | 6 | — | |
| 25 | Ballston Spa 12020 | $2,232 | 7 | — | |
| 26 | Cohoes 12047 | $2,321 | 3 | — | |
| 27 | Saratoga Springs 12866 | $2,734 | 3 | — |
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
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 5 months, or read about how the data is collected.