Last updated August 4, 2026

Average Rent in Albany 12205 & Rent Trends

Rent prices and market trends across 6 apartment communities in Albany 12205, Albany, NY. Updated daily.

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

Schenectady 12302 12303 12304 12305 12306

Albany 12203 12205 12206

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

Market Average

$1,443/mo

▼ 13.2% from last month

Lowest Available

$985/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Albany 12205 vs Albany, NY Average

Albany 12205 is cheaper than the Albany, NY average by $459/mo (24%). The citywide average is $1,902/mo across all neighborhoods.

Is Rent Going Up or Down in Albany 12205?

As of August 2026, the average rent in Albany 12205 is $1,443 per month across 6 apartment communities and 28 available units. Rents have decreased $230 (13.2%) over the past month.

The most affordable option is Block 75 starting at $985/mo. By unit type, a studio averages $1,195/mo, a 1-bedroom averages $1,775/mo, a 2-bedroom averages $1,530/mo, a 3-bedroom averages $1,079/mo, a 4-bedroom averages $1,049/mo.

Prices range from $985 to $2,250 per month. The most common price point is the $1,000 range, where 10 units are currently listed.

Albany 12205 Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,755	-	6
August 2026	$1,568	-$187	6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Albany 12205

Studio

$1,195

from $985 · 4 units

1 Bed

$1,775

from $1,530 · 9 units

2 Bed

$1,530

from $1,179 · 8 units

3 Bed

$1,079

from $1,079 · 2 units

4 Bed

$1,049

from $1,049 · 5 units

Rent Prices by Apartment in Albany 12205

Property	Starting at	Average	Units	Rating
Block 75	$985/mo	$985/mo	2	3.6
Auden Albany	$1,049/mo	$1,145/mo	11	3.9
Towne Towers	$1,390/mo	$1,558/mo	5	4.5
Towers of Colonie	$1,530/mo	$1,656/mo	7	4
The Montclair a 55+ Community	$2,100/mo	$2,100/mo	2	4.5
The Residences at the Crossings	$2,250/mo	$2,250/mo	1	4.8

Frequently Asked Questions About Rent in Albany 12205

What is the average rent in Albany 12205?

The average rent in Albany 12205 is $1,443 per month as of August 2026, based on 28 units across 6 apartment communities.

Is rent going up or down in Albany 12205?

Rent in Albany 12205 has decreased $230 (13.2%) over the past month. The current average is $1,443/mo.

What is the cheapest apartment in Albany 12205?

The most affordable apartment in Albany 12205 is Block 75 with units starting at $985/mo.

How much is a 1-bedroom apartment in Albany 12205?

A 1-bedroom apartment in Albany 12205 averages $1,775/mo, with prices starting at $1,530/mo across 9 available units.

How many apartments are available in Albany 12205?

There are 28 units available across 6 apartment communities in Albany 12205.

What salary do I need to live comfortably in Albany 12205?

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

Minimum to afford average rent

$58,000/year

Based on the 30 percent rule, using our tracked average rent of $1,443/mo.

Comfortable income

$69,000/year

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

To afford the cheapest tracked apartment ($985/mo), you need to earn at least $39,000/year.

Median household income in Albany 12205 is $59,485 , about 14% below the comfortable-living threshold.

Cost of living in Albany 12205

Overall prices in Albany 12205 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 12205's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,443	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	$4,526/mo	$54,310/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

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Explore Albany, NY on Map

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US-wide rent comparison

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