Last updated
Average Rent in Albany NY & Rent Trends
Rent prices and market trends across 2 apartment communities in Albany NY. Updated daily.
Market Average
$2,230/mo
Lowest Available
$1,860/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
2
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 12211 | $2,600 | $2,600 | 1 | 1 |
| Ten Broeck Triangle | $1,919 | $1,675 | 1 | 12 |
| Albany 12206 | $1,361 | $1,250 | 1 | 23 |
| Albany 12189 | $1,267 | $1,100 | 1 | 3 |
Is Rent Going Up or Down in Albany NY?
As of May 2026, the average rent in Albany NY is $2,230 per month across 2 apartment communities and 2 available units.
The most affordable option is Capitol Crossings Apartments starting at $1,860/mo. By unit type, a 3-bedroom averages $2,230/mo.
Prices range from $1,860 to $2,600 per month. The most common price point is the $1,800 range, where 1 units are currently listed.
Albany NY Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Albany NY
Rent Prices by Apartment in Albany NY
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Capitol Crossings Apartments | $1,860/mo | $1,860/mo | 1 | 3.3 |
| Rentahousefast.com | $2,600/mo | $2,600/mo | 1 | 5 |
Google Search Trends for Albany NY Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Albany NY
What is the average rent in Albany NY?
Is rent going up or down in Albany NY?
What is the cheapest apartment in Albany NY?
How many apartments are available 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
$89,000/year
30 percent rule -- using our average rent of $2,230/mo.
Comfortable income
$107,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,860/mo), you need to earn at least $74,000/year.
Cost of living in Albany NY
We only have live rent data for Albany NY so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,230 |
| Estimated total | $2,230/mo |
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 are refreshed annually.
Explore Albany NY Apartments
Browse all 2 communities with daily-updated pricing and availability.