Last updated June 20, 2026

Average Rent in Albany, NY & Rent Trends

Rent prices and market trends across 86 apartment communities in Albany, NY. Updated daily.

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,890/mo

▼ 7.2% from last month

Lowest Available

$650/mo

cheapest unit on market

Communities

tracked daily

Units Listed

700

available now

Rent by Neighborhood in Albany, NY

Compare average rent across Albany, NY neighborhoods. Click any area to see detailed trends.

Neighborhood	Avg Rent	From	Properties	Units
Albany 12084	$2,800	$2,350	1	5
Albany 12211	$2,625	$2,550	1	4
Albany 12303	$2,450	$2,450	1	1
Albany 12020	$2,223	$1,995	1	2
Albany 12204	$2,210	$1,284	2	14
Albany 12203	$2,147	$1,481	6	62
Cohoes 12047	$2,129	$1,525	2	20
Downtown	$2,086	$1,255	25	239
Menands 12204	$2,068	$1,225	1	11
Rensselaer 12144	$2,053	$1,665	2	4
Albany 12306	$2,017	$1,750	1	3
Buckingham Lake	$1,979	$1,480	3	10
Latham 12110	$1,943	$1,685	2	5
Schenectady 12305	$1,935	$1,935	1	1
Albany 12302	$1,917	$1,595	1	3
Albany 12110	$1,905	$1,450	1	12
Ten Broeck Triangle	$1,874	$1,489	2	13
Albany 12065	$1,812	$1,117	4	28
Albany 12304	$1,728	$1,600	2	2
Troy 12180	$1,703	$975	6	33
Albany 12205	$1,670	$1,400	4	13
Albany 12159	$1,640	$1,575	1	3
Schenectady 12309	$1,618	$1,230	3	135
Second Avenue	$1,574	$928	2	9
Niskayuna 12309	$1,557	$1,375	1	11
Albany 12118	$1,491	$1,274	1	11
Albany 12180	$1,390	$999	3	12
Watervliet 12189	$1,381	$1,273	1	4
Arbor Hill	$1,365	$1,365	1	1
Albany 12206	$1,332	$650	2	25
Hartmans Corners	$1,328	$1,215	1	2
Schenectady 12302	$1,088	$926	1	2

Is Rent Going Up or Down in Albany, NY?

As of June 2026, the average rent in Albany, NY is $1,890 per month across 86 apartment communities and 700 available units. Rents have decreased $144 (7.2%) over the past month.

The most affordable option is Livingston School Apartments starting at $650/mo. By unit type, a studio averages $1,993/mo, a 1-bedroom averages $1,690/mo, a 2-bedroom averages $1,993/mo, a 3-bedroom averages $2,316/mo, a 4-bedroom averages $999/mo.

Prices range from $650 to $4,197 per month. The most common price point is the $1,600 range, where 151 units are currently listed.

Albany, NY Rent Price History

Window

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Albany, NY

Studio

$1,993

from $650 · 57 units

1 Bed

$1,690

from $720 · 289 units

2 Bed

$1,993

from $1,137 · 303 units

3 Bed

$2,316

from $1,019 · 50 units

4 Bed

$999

from $999 · 1 units

Rent Prices by Apartment in Albany, NY

Property	Starting at	Average	Units	Rating
Livingston School Apartments	$650/mo	$685/mo	2	4.3
Edison Apartments	$926/mo	$1,088/mo	2	1.9
Knox Street Apartments	$928/mo	$1,033/mo	2	4.1
Park Place at Brook Edge Apartments	$975/mo	$1,635/mo	2	4.9
College Suites at Hudson Valley	$999/mo	$1,149/mo	3	4.3
Incite at Troy	$1,019/mo	$1,019/mo	1	4.8
Foxrun Apartments	$1,117/mo	$1,457/mo	5	2.5
Hudson Pointe Apartments	$1,197/mo	$1,317/mo	8	2.5
Mohawk Village Garden Apartments	$1,215/mo	$1,328/mo	2	3.7
Dutch Village Apartments	$1,225/mo	$2,068/mo	11	3.6
Northside Village	$1,230/mo	$1,630/mo	129	4.1
Hampshire Apartments	$1,245/mo	$1,370/mo	4	4.8
Mill Hollow Apartments	$1,255/mo	$1,303/mo	2	4.2
Capitol Crossings Apartments	$1,265/mo	$1,388/mo	23	3.3
Park Ridge Apartments	$1,265/mo	$1,368/mo	10	4.1
Highland Club Apartments	$1,273/mo	$1,381/mo	4	2.5
Malta Pointe Apartments	$1,274/mo	$1,491/mo	11	2.5
Riverhill Apartments	$1,284/mo	$1,540/mo	6	4.2
Harbour Point Gardens	$1,295/mo	$1,462/mo	7	3.7
London Square & Blue Spruce Apartments	$1,303/mo	$1,563/mo	14	3.4
Sheridan Apartments	$1,320/mo	$1,385/mo	2	4.4
Willett Apartments	$1,365/mo	$1,365/mo	1	2.9
Tall Oaks Apartments	$1,375/mo	$1,557/mo	11	3.7
Strawberry Ridge Apartments	$1,375/mo	$1,915/mo	19	3.4
Park Guilderland Apartment Homes	$1,380/mo	$1,575/mo	5	2.6
Parkwood Village Apartments	$1,385/mo	$1,640/mo	3	3
Twin Lakes Clifton Park Apartments	$1,394/mo	$1,683/mo	18	3.2
Towne Towers	$1,400/mo	$1,508/mo	3	4.5
Solara Luxury Apartments	$1,435/mo	$1,995/mo	11	3.9
Liberty Pointe	$1,450/mo	$1,905/mo	12	4.2
Bethlehem Terrace Apartments	$1,450/mo	$1,690/mo	7	2.9
Stonehenge Gardens	$1,480/mo	$1,646/mo	4	4.6
Oxford Heights	$1,481/mo	$1,856/mo	15	4.3
Squire Park Apartments	$1,486/mo	$1,692/mo	8	3.3
Industrie Apartments	$1,489/mo	$1,848/mo	4	4.2
Fairwood Apartments	$1,490/mo	$1,656/mo	7	3.7
Towers of Colonie	$1,510/mo	$1,624/mo	8	4
Carpenter Village Apartments	$1,520/mo	$1,783/mo	4	3.5
Columbia Woods Apartments	$1,525/mo	$1,840/mo	6	3.7
Longport Manor Apartments	$1,550/mo	$2,011/mo	9	5
Harmony Hill	$1,575/mo	$1,640/mo	3	4.6
The Ellsworth	$1,593/mo	$1,875/mo	23	3.7
Glen Esk Apartments	$1,595/mo	$1,917/mo	3	4
Woodlake Apartments	$1,600/mo	$1,701/mo	9	4.3
Court Royale Apartments	$1,600/mo	$1,600/mo	1	4.2
75 Willett Apartments	$1,640/mo	$1,729/mo	7	4
The News Apartments	$1,650/mo	$2,186/mo	12	4
Rosegate Apartments	$1,650/mo	$1,970/mo	6	5
Capitol View Apartments	$1,665/mo	$1,710/mo	2	4.8
Regency Park Apartments	$1,665/mo	$1,798/mo	12	4.2
Abraxas at 90 State Apartments	$1,675/mo	$1,886/mo	9	4.4
Colonie East Apartments	$1,685/mo	$2,007/mo	4	3.9
Rolling Ridge Apartments	$1,690/mo	$1,690/mo	1	4.2
Shelter Cove Apartments	$1,710/mo	$2,252/mo	14	3.9
Forrest Pointe Apartments and Townhomes	$1,715/mo	$2,077/mo	5	4.1
Iron Point Apartments	$1,750/mo	$1,750/mo	1	3.4
Burdeck Street Apartments	$1,750/mo	$2,017/mo	3	4.5
Crescent Village Apartments	$1,755/mo	$1,773/mo	3	4.1
Williamsburg Village Apartments	$1,760/mo	$1,760/mo	1	5
The Alexander Apartments	$1,809/mo	$2,172/mo	22	4.5
The Landings Apartments	$1,812/mo	$1,922/mo	10	3.7
Graystone Apartments	$1,856/mo	$1,856/mo	1	3.8
Winner's Circle at Saratoga	$1,879/mo	$2,507/mo	43	4.5
Elements at Saratoga Lake	$1,890/mo	$2,381/mo	7	4.4
Lofts at Frog Alley	$1,935/mo	$1,935/mo	1	4.3
The Rise \| Pine Hills	$1,950/mo	$1,950/mo	1	4.3
Parkside Village Apartments	$1,950/mo	$2,098/mo	4	3.8
GrandeVille at Malta	$1,957/mo	$2,551/mo	21	4.3
Silo Pointe Apartments	$1,995/mo	$2,223/mo	2	4
Adams Station Apartments	$2,015/mo	$2,309/mo	7	4.2
Perennial Apartments	$2,078/mo	$2,232/mo	2	4.5
The Residences at the Crossings	$2,100/mo	$2,100/mo	1	4.8
The Montclair a 55+ Community	$2,100/mo	$2,100/mo	1	4.5
The Rise \| Midtown Square	$2,100/mo	$2,250/mo	5	5
Albany Lofts at One Broadway Apartments	$2,101/mo	$2,713/mo	8	4.2
The Apex at Crossgates	$2,170/mo	$2,912/mo	11	4.2
The Lofts at Saratoga Blvd	$2,200/mo	$2,475/mo	6	4.7
DeLaet's Landing	$2,295/mo	$2,395/mo	2	3.2
Lofts at Kelley Farms	$2,295/mo	$2,385/mo	2	4.3
Hamilton Parc	$2,350/mo	$2,800/mo	5	4.6
The Hamlet at Saratoga Springs	$2,423/mo	$3,177/mo	6	4.5
Guilderland Court Apartments	$2,450/mo	$2,450/mo	1	4.7
The Preserve At West Creek	$2,450/mo	$2,450/mo	1	3.6
Rentahousefast.com	$2,550/mo	$2,625/mo	4	5
The Spinney at Van Dyke	$2,600/mo	$2,600/mo	1	4.8
Excelsior North Greenbush	$2,700/mo	$2,700/mo	1	4.9

Google Search Trends for Albany, NY Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

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Frequently Asked Questions About Rent in Albany, NY

What is the average rent in Albany, NY?

The average rent in Albany, NY is $1,890 per month as of June 2026, based on 700 units across 86 apartment communities.

Is rent going up or down in Albany, NY?

Rent in Albany, NY has decreased $144 (7.2%) over the past month. The current average is $1,890/mo.

What is the cheapest apartment in Albany, NY?

The most affordable apartment in Albany, NY is Livingston School Apartments with units starting at $650/mo.

How much is a 1-bedroom apartment in Albany, NY?

A 1-bedroom apartment in Albany, NY averages $1,690/mo, with prices starting at $720/mo across 289 available units.

How many apartments are available in Albany, NY?

There are 700 units available across 86 apartment communities in Albany, NY.

What salary do I need to live comfortably in Albany, NY?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$76,000/year

Based on the 30 percent rule, using our tracked average rent of $1,890/mo.

Comfortable income

$91,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($650/mo), you need to earn at least $26,000/year.

Median household income in Albany, NY is $59,485 , about 34% below the comfortable-living threshold.

Cost of living in Albany, NY

Overall prices in Albany, NY runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Albany, NY's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,890	daily refresh
Utilities	$399	BLS × BEA RPP
Groceries	$526	BLS × BEA RPP
Transportation	$951	BLS × BEA RPP
Healthcare	$464	BLS × BEA RPP
Other goods and services	$743	BLS × BEA RPP
Estimated total	$4,973/mo	$59,674/year

Population

100,081

Median household income

$59,485

Census median rent

$1,178/mo

Rent as % of income

30.0%

Median age

31.9

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

New York Rent Trends

Compare rent across all New York cities

Explore Albany, NY on Map

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US-wide rent comparison

See how Albany, NY rents stack up against the national median