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Average Rent in Albany 12206 & Rent Trends

Rent prices and market trends across 1 apartment community in Albany 12206, Albany NY. Updated daily.

Market Average

$1,361/mo

Lowest Available

$1,250/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

23

available now

Albany 12206 vs Albany NY Average

Albany 12206 is cheaper the Albany NY average by $196/mo (13%). The citywide average is $1,557/mo across all neighborhoods.

Is Rent Going Up or Down in Albany 12206?

As of May 2026, the average rent in Albany 12206 is $1,361 per month across 1 apartment community and 23 available units.

The most affordable option is Capitol Crossings Apartments starting at $1,250/mo. By unit type, a 1-bedroom averages $1,254/mo, a 2-bedroom averages $1,486/mo, a 3-bedroom averages $1,860/mo.

Prices range from $1,250 to $1,860 per month. The most common price point is the $1,200 range, where 14 units are currently listed.

Albany 12206 Rent Price History

Collecting price history

Daily snapshots are being recorded. Trend charts will appear once we have enough data points.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Albany 12206

1 Bed
$1,254
from $1,250 · 14 units
2 Bed
$1,486
from $1,465 · 8 units
3 Bed
$1,860
from $1,860 · 1 units

Rent Prices by Apartment in Albany 12206

Property Starting at Average Units Rating
Capitol Crossings Apartments $1,250/mo $1,361/mo 23 3.3

Google Search Trends for Albany 12206 Apartments

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

Search Interest Over Time

Frequently Asked Questions About Rent in Albany 12206

What is the average rent in Albany 12206?
The average rent in Albany 12206 is $1,361 per month as of May 2026, based on 23 units across 1 apartment communities.
Is rent going up or down in Albany 12206?
We are collecting daily price snapshots to track rent trends in Albany 12206. The current average rent is $1,361/mo.
What is the cheapest apartment in Albany 12206?
The most affordable apartment in Albany 12206 is Capitol Crossings Apartments with units starting at $1,250/mo.
How much is a 1-bedroom apartment in Albany 12206?
A 1-bedroom apartment in Albany 12206 averages $1,254/mo, with prices starting at $1,250/mo across 14 available units.
How many apartments are available in Albany 12206?
There are 23 units available across 1 apartment communities in Albany 12206.

What salary do I need to live comfortably in Albany 12206?

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

Minimum to afford average rent

$54,000/year

30 percent rule -- using our average rent of $1,361/mo.

Comfortable income

$65,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,250/mo), you need to earn at least $50,000/year.

Cost of living in Albany 12206

We only have live rent data for Albany 12206 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,361
Estimated total $1,361/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 12206 Apartments

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