How many apartments under $500 are available in Albany, NY on Rentable.co?

There are 4 apartments under $500 in Albany currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Albany?

Rentable.co has 4 <a href='/albany-ny/studio-apartments-for-rent' >studio</a> apartments under $500 available for rent in Albany.

How many one-bedroom apartments under $500 are available in Albany?

Rentable.co has 61 <a href='/albany-ny/1-bedroom-apartments-for-rent' >one-bedroom</a> apartments under $500 available for rent in Albany.

How many two-bedroom apartments under $500 are available in Albany?

Rentable.co has 8 <a href='/albany-ny/2-bedroom-apartments-for-rent' >two-bedroom</a> apartments under $500 available for rent in Albany.

Can I afford a apartment under $500 in Albany, NY?

To comfortably afford a apartment under $500 in Albany based on average rent prices, a household would need an annual income of $20,000.

Apartments Under $500 in Albany, NY

Apartments Under $500 in Albany, NY: December Rental Information

Welcome to the December 2024 Albany Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Albany rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Albany and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Albany. Whether you're a student on a budget or looking for an affordable living option, this report will help you make an informed decision about your rental search.

This month, the typical cost to rent a one-bedroom apartment in Albany stands at $1,250, with the majority falling between $830 and $1,840. Out of the 464 one-bedroom apartments currently on the market in Albany, 4 are priced below $500, accounting for 1% of the total available one-bedroom units in Albany.

Available Apartments Under $500: Albany vs. Surrounding Areas

Albany, NY

Troy, NY

5

4

In ``December`` ``2024``, there are a total of ``37`` apartments available for rent under $500 in the Albany, NY metro area. This includes apartments in Albany as well as nearby cities such as ``Cohoes, Colonie, Coxsackie, Mechanicville, Menands, Troy, Waterford, Round Lake, Watervliet, Esperance, Niskayuna, Glenville, Guilderland, Clifton Park, Delmar, Schenectady, Amsterdam, Latham, Rotterdam, Selkirk, Glenmont, and Rensselaer``. Prospective renters looking for affordable options will have a variety of choices in different locations around Albany.

Apartments Under $500 Now vs. Last Month: Albany and Surrounding Areas

City	Apartments Under $500 in December	M/M % Change
Albany, NY	5	+1.06%
Troy, NY	4	+0.96%
Schenectady, NY	1	+1.2%
Selkirk, NY	1	+1.0%
Rotterdam, NY	1	+1.0%
Clifton Park, NY	1	+0.33%
Waterford, NY	1	+1.4%

Looking for Apartments Under $500 in Albany?

Available apartments under $500	132
Top amenities	On Site Laundry, Refrigerator, Garbage Disposal, Range / Oven, Garage Attached
Pet friendly	3
Utilities included	2
1 Bedroom	6
3 Bedroom	27
4 Bedroom	9