Last updated July 17, 2026

Average Rent in Mechanicville 12118 & Rent Trends

Rent prices and market trends across 1 apartment community in Mechanicville 12118, 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

Mechanicville 12118

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

Market Average

$1,538/mo

Lowest Available

$1,320/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Mechanicville 12118 vs Albany, NY Average

Mechanicville 12118 is cheaper the Albany, NY average by $373/mo (20%). The citywide average is $1,911/mo across all neighborhoods.

Is Rent Going Up or Down in Mechanicville 12118?

As of July 2026, the average rent in Mechanicville 12118 is $1,538 per month across 1 apartment community and 10 available units.

The most affordable option is Malta Pointe Apartments starting at $1,320/mo. By unit type, a studio averages $1,320/mo, a 1-bedroom averages $1,455/mo, a 2-bedroom averages $1,576/mo, a 3-bedroom averages $1,816/mo.

Prices range from $1,320 to $1,816 per month. The most common price point is the $1,400 range, where 6 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Mechanicville 12118

Studio

$1,320

from $1,320 · 1 units

1 Bed

$1,455

from $1,430 · 3 units

2 Bed

$1,576

from $1,468 · 5 units

3 Bed

$1,816

from $1,816 · 1 units

Rent Prices by Apartment in Mechanicville 12118

Property	Starting at	Average	Units	Rating
Malta Pointe Apartments	$1,320/mo	$1,538/mo	10	2.5

Frequently Asked Questions About Rent in Mechanicville 12118

What is the average rent in Mechanicville 12118?

The average rent in Mechanicville 12118 is $1,538 per month as of July 2026, based on 10 units across 1 apartment communities.

Is rent going up or down in Mechanicville 12118?

The current average rent in Mechanicville 12118 is $1,538/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Mechanicville 12118?

The most affordable apartment in Mechanicville 12118 is Malta Pointe Apartments with units starting at $1,320/mo.

How much is a 1-bedroom apartment in Mechanicville 12118?

A 1-bedroom apartment in Mechanicville 12118 averages $1,455/mo, with prices starting at $1,430/mo across 3 available units.

How many apartments are available in Mechanicville 12118?

There are 10 units available across 1 apartment communities in Mechanicville 12118.

What salary do I need to live comfortably in Mechanicville 12118?

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

Minimum to afford average rent

$62,000/year

Based on the 30 percent rule, using our tracked average rent of $1,538/mo.

Comfortable income

$74,000/year

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

To afford the cheapest tracked apartment ($1,320/mo), you need to earn at least $53,000/year.

Median household income in Mechanicville 12118 is $59,485 , about 19% below the comfortable-living threshold.

Cost of living in Mechanicville 12118

Overall prices in Mechanicville 12118 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 Mechanicville 12118's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,538	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	$4,621/mo	$55,450/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

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Albany, NY Neighborhood Rent Map

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US-wide rent comparison

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