Last updated July 10, 2026

Average Rent in Albany, NY & Rent Trends

Rent prices and market trends across 103 apartment communities in Albany, NY. Updated daily.

Area All Areas Buckingham Lake Delmar Downtown Second Avenue Ten Broeck Triangle

Schenectady 12305 12309

Cohoes 12047

Latham 12110

Menands 12204

Rensselaer 12144

Troy 12180

Watervliet 12189

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

Market Average

$1,877/mo

▼ 11.7% from last month

Lowest Available

$650/mo

cheapest unit on market

Communities

103

tracked daily

Units Listed

675

available now

Price Cuts This Week in Albany, NY

156 listed units across 30 buildings in Albany, NY dropped their asking rent in the past 7 days, an average cut of $62/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Heritage Village	Unit 4	$2,535	$2,084	$451
Abraxas at 90 State Apartments	Unit 1, FLOOR PLANS	$1,900	$1,600	$300
Abraxas at 90 State Apartments	Unit 2	$1,900	$1,600	$300
Abraxas at 90 State Apartments	Unit 4, Layout 29	$1,900	$1,600	$300
DeLaet's Landing	Unit 312	$2,225	$1,950	$275
Lofts at Kelley Farms	Unit 312	$2,225	$1,950	$275
Glen Esk Apartments	Unit 312	$2,225	$1,950	$275
Twin Lakes Clifton Park Apartments	Unit 16C, Oneida	$2,274	$2,004	$270

See today's prices on all 675 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 12866	$2,660	▲ $67	$1,500	3	18
Albany 12211	$2,625	▲ $31	$2,550	1	2
Delmar	$2,438	▲ $20	$2,015	2	8
Albany 12020	$2,289	▲ $259	$1,557	6	110
Albany 12019	$2,213	▲ $128	$1,950	1	2
Buckingham Lake	$2,136	▼ $127	$974	4	19
Albany 12204	$2,128	▲ $96	$1,260	3	24
Albany 12203	$2,060	▼ $319	$1,153	7	35
Albany 12047	$2,055	-	$1,198	3	16
Albany 12061	$2,008	-	$1,665	2	6
Albany 12188	$1,984	▲ $98	$1,250	2	16
Albany 12144	$1,969	▲ $21	$1,675	3	6
Albany 12303	$1,968	▼ $202	$1,215	2	6
Albany 12084	$1,947	-	$1,156	4	27
Ten Broeck Triangle	$1,831	▼ $66	$1,497	3	15
Albany 12110	$1,789	-	$1,156	4	21
Albany 12302	$1,773	▼ $163	$1,595	1	2
Albany 12205	$1,752	▼ $200	$1,410	4	16
Albany 12065	$1,734	▼ $229	$800	10	92
Albany 12304	$1,731	▼ $99	$1,600	2	2
Albany 12009	$1,685	▼ $80	$1,255	3	4
Albany 12306	$1,673	▼ $176	$1,075	4	18
Albany 12305	$1,613	▲ $340	$926	3	5
Albany 12206	$1,592	▼ $216	$650	5	55
Albany 12308	$1,585	-	$1,230	2	41
Albany 12180	$1,567	▲ $451	$975	9	55
Albany 12309	$1,552	▲ $3	$1,375	2	12
Albany 12159	$1,539	▼ $53	$1,320	1	7
Arbor Hill	$1,537	-	$725	3	10
Albany 12118	$1,511	-	$1,320	1	11
Albany 12085	$1,358	▼ $5	$1,185	1	5
Albany 12189	$1,342	-	$1,127	1	4
Vale & Eastern Ave	$970	-	$802	1	5

Is Rent Going Up or Down in Albany, NY?

As of July 2026, the average rent in Albany, NY is $1,877 per month across 103 apartment communities and 675 available units. Rents have decreased $237 (11.7%) over the past month.

The most affordable option is Livingston School Apartments starting at $650/mo. By unit type, a studio averages $1,780/mo, a 1-bedroom averages $1,710/mo, a 2-bedroom averages $2,007/mo, a 3-bedroom averages $2,311/mo, a 4-bedroom averages $1,564/mo.

Prices range from $650 to $4,175 per month. The most common price point is the $1,600 range, where 122 units are currently listed.

Albany, NY Rent Price History

Window

View as table

Month	Avg Rent	Change	Properties
May 2026	$2,016	-	6
June 2026	$1,913	-$103	86
July 2026	$1,820	-$93	89

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Albany, NY

Studio

$1,780

from $650 · 75 units

1 Bed

$1,710

from $720 · 279 units

2 Bed

$2,007

from $802 · 271 units

3 Bed

$2,311

from $999 · 46 units

4 Bed

$1,564

from $999 · 4 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	$1,407/mo	10	4.3
Hillside Crossing Apartments	$802/mo	$970/mo	5	4.1
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
Draper Lofts Apartments	$1,075/mo	$1,218/mo	4	3.9
Foxrun Apartments	$1,117/mo	$1,457/mo	5	2.5
Highland Club Apartments	$1,127/mo	$1,342/mo	4	2.5
The Hudson	$1,145/mo	$1,367/mo	3	3.4
Oxford Heights	$1,153/mo	$1,269/mo	3	4.3
Hudson Pointe Apartments	$1,155/mo	$1,276/mo	9	2.5
Schuyler Commons	$1,156/mo	$1,369/mo	4	4.1
Heritage Village	$1,156/mo	$1,270/mo	3	3.4
Willett Apartments	$1,165/mo	$1,165/mo	1	2.9
Park Guilderland Apartment Homes	$1,185/mo	$1,358/mo	5	2.6
Cohoes Falls	$1,198/mo	$1,382/mo	2	3.8
Mohawk Village Garden Apartments	$1,215/mo	$1,328/mo	2	3.7
Northside Village	$1,230/mo	$1,595/mo	39	4.1
Pine Park Terrace Apartments	$1,250/mo	$1,250/mo	1	3.7
Mill Hollow Apartments	$1,255/mo	$1,303/mo	2	4.2
Dutch Village Apartments	$1,260/mo	$2,082/mo	10	3.6
Park Ridge Apartments	$1,265/mo	$1,411/mo	9	4.1
Riverhill Apartments	$1,284/mo	$1,538/mo	6	4.2
Harbour Point Gardens	$1,295/mo	$1,477/mo	9	3.7
London Square & Blue Spruce Apartments	$1,309/mo	$1,650/mo	14	3.4
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	$1,511/mo	11	2.5
Capitol Crossings Apartments	$1,325/mo	$1,400/mo	21	3.3
Strawberry Ridge Apartments	$1,330/mo	$2,033/mo	15	3.4
Tall Oaks Apartments	$1,375/mo	$1,565/mo	10	3.7
Towne Towers	$1,410/mo	$1,600/mo	3	4.5
Burdeck Street Apartments	$1,425/mo	$1,938/mo	2	4.5
Solara Luxury Apartments	$1,435/mo	$1,843/mo	10	3.9
netZero Village	$1,435/mo	$1,470/mo	2	4.1
Liberty Pointe	$1,450/mo	$1,905/mo	12	4.2
Twin Lakes Clifton Park Apartments	$1,466/mo	$1,773/mo	25	3.2
Parkwood Village Apartments	$1,470/mo	$1,578/mo	2	3
Hampshire Apartments	$1,480/mo	$1,488/mo	2	4.8
Squire Park Apartments	$1,484/mo	$1,669/mo	8	3.3
Stonehenge Gardens	$1,490/mo	$1,656/mo	4	4.6
Industrie Apartments	$1,497/mo	$1,965/mo	3	4.2
Fairwood Apartments	$1,500/mo	$1,666/mo	8	3.7
Elements at Saratoga Lake	$1,500/mo	$2,325/mo	7	4.4
Towers of Colonie	$1,520/mo	$1,648/mo	9	4
Columbia Woods Apartments	$1,525/mo	$1,813/mo	6	3.7
Longport Manor Apartments	$1,550/mo	$2,011/mo	9	5
The Ellsworth	$1,557/mo	$1,910/mo	25	3.7
Abraxas at 90 State Apartments	$1,570/mo	$1,801/mo	11	4.4
Harmony Hill	$1,575/mo	$1,640/mo	3	4.6
Glen Esk Apartments	$1,595/mo	$1,773/mo	2	4
Court Royale Apartments	$1,600/mo	$1,600/mo	1	4.2
Woodlake Apartments	$1,610/mo	$1,708/mo	10	4.3
Bridgewater Apartments	$1,615/mo	$1,720/mo	2	4.2
75 Willett Apartments	$1,640/mo	$1,729/mo	7	4
Colonie East Apartments	$1,645/mo	$1,887/mo	4	3.9
The News Apartments	$1,650/mo	$2,120/mo	13	4
Rosegate Apartments	$1,650/mo	$1,970/mo	6	5
The Kensey on Elliot	$1,665/mo	$1,665/mo	1	4.6
Regency Park Apartments	$1,665/mo	$1,778/mo	10	4.2
Capitol View Apartments	$1,675/mo	$1,690/mo	2	4.8
Carpenter Village Apartments	$1,685/mo	$1,685/mo	1	3.5
Rolling Ridge Apartments	$1,700/mo	$1,700/mo	1	4.2
Forrest Pointe Apartments and Townhomes	$1,715/mo	$2,077/mo	5	4.1
Iron Point Apartments	$1,750/mo	$1,750/mo	2	3.4
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 Landings Apartments	$1,780/mo	$1,902/mo	10	3.7
The Alexander Apartments	$1,784/mo	$2,073/mo	20	4.5
Lofts at Frog Alley	$1,790/mo	$1,863/mo	2	4.3
Shelter Cove Apartments	$1,818/mo	$2,404/mo	8	3.9
Winner's Circle at Saratoga	$1,832/mo	$2,350/mo	50	4.5
Van Allen Apartments	$1,845/mo	$1,995/mo	2	4.3
Graystone Apartments	$1,862/mo	$1,862/mo	1	3.8
Albany Lofts at One Broadway Apartments	$1,899/mo	$2,629/mo	8	4.2
GrandeVille at Malta	$1,930/mo	$2,490/mo	26	4.3
Park South Apartments	$1,940/mo	$2,459/mo	11	4.7
The Rise \| Pine Hills	$1,950/mo	$1,950/mo	1	4.3
DeLaet's Landing	$1,950/mo	$2,223/mo	2	3.2
Parkside Village Apartments	$1,950/mo	$2,098/mo	4	3.8
Lofts at Kelley Farms	$1,950/mo	$2,213/mo	2	4.3
Silo Pointe Apartments	$1,995/mo	$2,223/mo	2	4
Adams Station Apartments	$2,015/mo	$2,414/mo	7	4.2
Perennial Apartments	$2,086/mo	$2,236/mo	2	4.5
The Residences at the Crossings	$2,100/mo	$2,100/mo	2	4.8
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 Rise \| Midtown Square	$2,100/mo	$2,113/mo	4	5
College Suites at Washington Square	$2,163/mo	$2,163/mo	1	3.6
The Apex at Crossgates	$2,170/mo	$2,954/mo	10	4.2
Hamilton Parc	$2,350/mo	$2,942/mo	6	4.6
The Preserve At West Creek	$2,450/mo	$2,450/mo	1	3.6
The Hamlet at Saratoga Springs	$2,489/mo	$3,014/mo	9	4.5
Rentahousefast.com	$2,550/mo	$2,625/mo	2	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
The Lofts at Saratoga Blvd	$2,700/mo	$2,770/mo	5	4.7

Frequently Asked Questions About Rent in Albany, NY

What is the average rent in Albany, NY?

The average rent in Albany, NY is $1,877 per month as of July 2026, based on 675 units across 103 apartment communities.

Is rent going up or down in Albany, NY?

Rent in Albany, NY has decreased $237 (11.7%) over the past month. The current average is $1,877/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 $1,710/mo, with prices starting at $720/mo across 279 available units.

How many apartments are available in Albany, NY?

There are 675 units available across 103 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

$75,000/year

Based on the 30 percent rule, using our tracked average rent of $1,877/mo.

Comfortable income

$90,000/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)	$1,877	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	$4,960/mo	$59,518/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