Last updated July 17, 2026

Average Rent in Albany, NY & Rent Trends

Rent prices and market trends across 106 apartment communities in Albany, NY. Updated daily.

Area All Areas Arbor Hill Buckingham Lake Delmar Ten Broeck Triangle Vale & Eastern Ave

Schenectady 12302 12303 12304 12305 12306 12308

Albany 12203 12205 12206 12211

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

Market Average

$1,909/mo

▼ 1.9% from last month

Lowest Available

$650/mo

cheapest unit on market

Communities

106

tracked daily

Units Listed

700

available now

Price Cuts This Week in Albany, NY

126 listed units across 18 buildings in Albany, NY dropped their asking rent in the past 7 days, an average cut of $87/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Oxford Heights	Unit 19	$1,686	$1,149	$537
Oxford Heights	Unit 20	$1,648	$1,245	$403
Heritage Village	Unit 20	$1,648	$1,245	$403
Oxford Heights	Unit 11	$1,997	$1,605	$392
Heritage Village	Unit 11	$1,997	$1,605	$392
Oxford Heights	Unit 18	$1,637	$1,256	$381
Heritage Village	Unit 18	$1,629	$1,256	$373
Oxford Heights	Unit 21	$2,064	$1,697	$367

See today's prices on all 700 listed units

Rent by Neighborhood in Albany, NY

Compare average rent across Albany, NY neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Albany 12211	$2,700	▲ $60	$2,700	1	1
Saratoga Springs 12866	$2,569	▲ $25	$2,086	3	30
Ballston Lake 12019	$2,475	▲ $173	$2,475	1	2
Delmar	$2,385	▲ $36	$2,015	2	20
Ballston Spa 12020	$2,270	▼ $138	$1,543	6	100
Guilderland 12084	$2,114	▲ $173	$1,500	4	32
East Greenbush 12061	$2,077	$0	$1,715	1	5
Schenectady 12303	$2,073	▼ $189	$1,215	2	5
Albany 12203	$2,054	▲ $68	$1,452	7	48
Menands 12204	$2,036	▼ $74	$1,284	3	21
Buckingham Lake	$2,033	▲ $55	$974	5	16
Cohoes 12047	$2,030	▼ $216	$1,198	3	14
Latham 12110	$2,003	▲ $56	$1,306	5	30
Rensselaer 12144	$1,973	▼ $96	$1,675	3	5
Ten Broeck Triangle	$1,880	▼ $62	$1,525	3	27
Schenectady 12306	$1,820	▼ $386	$1,420	4	10
Niskayuna 12309	$1,793	▲ $105	$1,260	3	20
Albany 12205	$1,772	▲ $35	$1,410	4	15
Clifton Park 12065	$1,741	▼ $52	$800	11	79
Altamont 12009	$1,737	▼ $88	$1,255	3	13
Schenectady 12304	$1,644	▼ $112	$1,546	2	3
Albany 12206	$1,637	▼ $101	$650	6	60
Schenectady 12302	$1,595	▼ $399	$1,595	1	1
Troy 12180	$1,586	▲ $4	$975	9	57
Schenectady 12308	$1,585	▲ $46	$1,230	2	41
Slingerlands 12159	$1,539	▼ $168	$1,320	1	7
Mechanicville 12118	$1,538	▲ $14	$1,320	1	10
Arbor Hill	$1,536	▼ $372	$725	3	10
Waterford 12188	$1,435	▼ $256	$1,435	1	1
Schenectady 12305	$1,417	▲ $381	$867	3	7
Watervliet 12189	$1,414	▲ $1	$1,194	1	4
Guilderland Center 12085	$1,220	▼ $117	$1,200	1	2
Vale & Eastern Ave	$864	-	$802	1	4

Is Rent Going Up or Down in Albany, NY?

As of July 2026, the average rent in Albany, NY is $1,909 per month across 106 apartment communities and 700 available units. Rents have decreased $36 (1.9%) over the past month.

The most affordable option is Livingston School Apartments starting at $650/mo. By unit type, a studio averages $1,884/mo, a 1-bedroom averages $1,753/mo, a 2-bedroom averages $2,027/mo, a 3-bedroom averages $2,310/mo, a 4-bedroom averages $1,425/mo.

Prices range from $650 to $4,175 per month. The most common price point is the $1,400 range, where 121 units are currently listed.

Albany, NY Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
May 2026	$2,016	-	6
June 2026	$1,913	-$103	86
July 2026	$1,821	-$92	93

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Albany, NY

Studio

$1,884

from $650 · 85 units

1 Bed

$1,753

from $720 · 293 units

2 Bed

$2,027

from $802 · 272 units

3 Bed

$2,310

from $999 · 45 units

4 Bed

$1,425

from $867 · 5 units

Rent Prices by Apartment in Albany, NY

Property	Starting at	Average	Units	Rating
Livingston School Apartments	$650/mo	$685/mo	2	4.3
Arrowhead Estates	$725/mo	$1,050/mo	2	1
Veno Properties	$800/mo	$1,207/mo	6	4.3
Hillside Crossing Apartments	$802/mo	$864/mo	4	4.1
College Suites at Washington Square	$867/mo	$1,339/mo	3	3.6
Edison Apartments	$926/mo	$1,088/mo	2	1.9
Knox Street Apartments	$974/mo	$1,047/mo	3	4.1
Park Place at Brook Edge Apartments	$975/mo	$1,635/mo	2	4.9
Block 75	$985/mo	$1,246/mo	9	3.6
Incite at Troy	$999/mo	$1,174/mo	7	4.8
College Suites at Hudson Valley	$999/mo	$1,149/mo	3	4.3
Foxrun Apartments	$1,117/mo	$1,457/mo	5	2.5
The Hudson	$1,145/mo	$1,407/mo	5	3.4
Willett Apartments	$1,155/mo	$1,155/mo	1	2.9
Hudson Pointe Apartments	$1,184/mo	$1,289/mo	8	2.5
Highland Club Apartments	$1,194/mo	$1,414/mo	4	2.5
Cohoes Falls	$1,198/mo	$1,382/mo	2	3.8
Park Guilderland Apartment Homes	$1,200/mo	$1,220/mo	2	2.6
Mohawk Village Garden Apartments	$1,215/mo	$1,215/mo	1	3.7
Northside Village	$1,230/mo	$1,595/mo	39	4.1
Mill Hollow Apartments	$1,255/mo	$1,303/mo	2	4.2
Hampshire Apartments	$1,260/mo	$1,412/mo	3	4.8
Park Ridge Apartments	$1,265/mo	$1,411/mo	9	4.1
Riverhill Apartments	$1,284/mo	$1,537/mo	6	4.2
Harbour Point Gardens	$1,295/mo	$1,469/mo	10	3.7
Skyview Terraces	$1,306/mo	$1,892/mo	3	4.1
Bethlehem Terrace Apartments	$1,320/mo	$1,539/mo	7	2.9
Sheridan Apartments	$1,320/mo	$1,385/mo	2	4.4
Malta Pointe Apartments	$1,320/mo	$1,538/mo	10	2.5
London Square & Blue Spruce Apartments	$1,323/mo	$1,629/mo	12	3.4
Capitol Crossings Apartments	$1,325/mo	$1,422/mo	20	3.3
Towne Towers	$1,410/mo	$1,590/mo	4	4.5
Draper Lofts Apartments	$1,420/mo	$1,420/mo	1	3.9
Tall Oaks Apartments	$1,425/mo	$1,597/mo	9	3.7
Burdeck Street Apartments	$1,425/mo	$1,425/mo	1	4.5
Carpenter Village Apartments	$1,435/mo	$1,547/mo	7	3.5
Strawberry Ridge Apartments	$1,435/mo	$1,435/mo	1	3.4
Liberty Pointe	$1,450/mo	$1,905/mo	12	4.2
Oxford Heights	$1,452/mo	$1,839/mo	17	4.3
Iron Point Apartments	$1,475/mo	$1,658/mo	3	3.4
Squire Park Apartments	$1,480/mo	$1,691/mo	7	3.3
netZero Village	$1,485/mo	$1,495/mo	2	4.1
Stonehenge Gardens	$1,490/mo	$1,656/mo	4	4.6
Twin Lakes Clifton Park Apartments	$1,500/mo	$1,814/mo	22	3.2
Fairwood Apartments	$1,500/mo	$1,654/mo	7	3.7
Towers of Colonie	$1,520/mo	$1,634/mo	8	4
Industrie Apartments	$1,525/mo	$1,974/mo	3	4.2
Columbia Woods Apartments	$1,525/mo	$1,814/mo	6	3.7
Adams Park Apartments	$1,535/mo	$1,560/mo	2	3.5
The Ellsworth	$1,543/mo	$1,954/mo	23	3.7
Graystone Apartments	$1,546/mo	$1,666/mo	2	3.8
Rolling Ridge Apartments	$1,550/mo	$1,625/mo	2	4.2
Longport Manor Apartments	$1,550/mo	$2,011/mo	9	5
Abraxas at 90 State Apartments	$1,570/mo	$1,874/mo	23	4.4
Harmony Hill	$1,575/mo	$1,640/mo	3	4.6
Parkwood Village Apartments	$1,575/mo	$1,575/mo	1	3
Glen Esk Apartments	$1,595/mo	$1,595/mo	1	4
Court Royale Apartments	$1,600/mo	$1,600/mo	1	4.2
Woodlake Apartments	$1,610/mo	$1,715/mo	8	4.3
75 Willett Apartments	$1,640/mo	$1,729/mo	7	4
Colonie East Apartments	$1,647/mo	$2,025/mo	4	3.9
The News Apartments	$1,650/mo	$2,148/mo	14	4
Rosegate Apartments	$1,650/mo	$1,970/mo	6	5
Regency Park Apartments	$1,665/mo	$1,778/mo	10	4.2
Capitol View Apartments	$1,675/mo	$1,690/mo	2	4.8
Danker Village Apartments	$1,692/mo	$1,692/mo	1	2.3
Forrest Pointe Apartments and Townhomes	$1,715/mo	$2,077/mo	5	4.1
Rivers Ledge Apartments	$1,725/mo	$2,156/mo	8	4.6
Steuben Place Apartments	$1,750/mo	$1,750/mo	1	2.6
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	$1,784/mo	$2,106/mo	23	4.5
Dutch Village Apartments	$1,785/mo	$2,100/mo	7	3.6
Lofts at Frog Alley	$1,790/mo	$1,863/mo	2	4.3
Winner's Circle at Saratoga	$1,801/mo	$2,333/mo	46	4.5
The Landings Apartments	$1,806/mo	$1,857/mo	6	3.7
Bridgewater Apartments	$1,810/mo	$1,810/mo	1	4.2
Van Allen Apartments	$1,845/mo	$1,995/mo	2	4.3
The Kensington at Halfmoon	$1,850/mo	$1,875/mo	2	4.2
Solara Luxury Apartments	$1,895/mo	$2,061/mo	6	3.9
Schuyler Commons	$1,897/mo	$2,244/mo	9	4.1
Albany Lofts at One Broadway Apartments	$1,899/mo	$2,355/mo	8	4.2
GrandeVille at Malta	$1,930/mo	$2,418/mo	24	4.3
Heritage Village	$1,938/mo	$2,156/mo	7	3.4
Park South Apartments	$1,940/mo	$2,509/mo	8	4.7
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
Silo Pointe Apartments	$1,995/mo	$2,223/mo	2	4
Adams Station Apartments	$2,015/mo	$2,385/mo	10	4.2
The Spinney at Van Dyke	$2,015/mo	$2,385/mo	10	4.8
Shelter Cove Apartments	$2,035/mo	$2,462/mo	6	3.9
Perennial Apartments	$2,086/mo	$2,247/mo	2	4.5
The Montclair a 55+ Community	$2,100/mo	$2,100/mo	2	4.5
Guilderland Court Apartments	$2,100/mo	$2,288/mo	4	4.7
The Preserve At West Creek	$2,100/mo	$2,288/mo	4	3.6
The Rise \| Midtown Square	$2,100/mo	$2,125/mo	2	5
Elements at Saratoga Lake	$2,100/mo	$2,421/mo	20	4.4
The Apex at Crossgates	$2,170/mo	$2,900/mo	11	4.2
The Lofts at Saratoga Blvd	$2,200/mo	$2,606/mo	4	4.7
Hamilton Parc	$2,350/mo	$2,900/mo	8	4.6
Lofts at Kelley Farms	$2,475/mo	$2,475/mo	2	4.3
DeLaet's Landing	$2,495/mo	$2,495/mo	1	3.2
The Hamlet at Saratoga Springs	$2,521/mo	$3,017/mo	8	4.5
Rentahousefast.com	$2,700/mo	$2,700/mo	1	5
Excelsior North Greenbush	$2,700/mo	$2,700/mo	1	4.9
The Residences at the Crossings	$2,950/mo	$2,950/mo	1	4.8

Frequently Asked Questions About Rent in Albany, NY

What is the average rent in Albany, NY?

The average rent in Albany, NY is $1,909 per month as of July 2026, based on 700 units across 106 apartment communities.

Is rent going up or down in Albany, NY?

Rent in Albany, NY has decreased $36 (1.9%) over the past month. The current average is $1,909/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 $1,753/mo, with prices starting at $720/mo across 293 available units.

How many apartments are available in Albany, NY?

There are 700 units available across 106 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 $1,909/mo.

Comfortable income

$92,000/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 35% 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)	$1,909	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	$4,992/mo	$59,902/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

Albany, NY Neighborhood Rent Map

See rent history by neighborhood on a map

Explore Albany, NY on Map

See neighborhoods and rent data interactively

US-wide rent comparison

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