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Apartments in Downtown Albany

31 - 60 of 109 Results
2
$1,750 - 2,450
The Reserve At Park South II
86 Dana Ave Albany, NY
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
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Disability Access
22
$1,510 - 2,225
Delaet's Landing
99 New Broadway Rensselaer, NY
Studio - 2 BR | Dec. 10, 2024
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
1
$1,700 - 1,750
South Lake Apartments, Llc
49 S Lake Ave Albany, NY
2 BR | Available Now
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Dog Friendly
Cat Friendly
14
$1,145
317 Washington Ave Unit 1
Albany, NY
Studio | Available Now
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Heat Included
Dog Friendly
Cat Friendly
House
Dishwasher
0
$1,300
56 Catherine St
Albany, NY
2 BR | Available Now
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Dog Friendly
Cat Friendly
0
$1,600
534 Madison Ave
Albany, NY
2 BR | Dec. 15, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,600 - 2,200
Reserve At Park South
85 Dana Ave Albany, NY
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
10
$1,695
883 Broadway, Unit 104
Albany, NY
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
15
$1,650 - 1,850
Corner Luxury Studio - Next To Albany Medical Center!
105 Morris St Albany, NY
1 BR | Available Now
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Dog Friendly
Cat Friendly
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Dishwasher
3
$1,000
193 Sherman St Floor 1
Albany, NY
1 BR | Available Now
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Dog Friendly
Cat Friendly
8
$1,200
Luxury Affordable Apartments
798 Broadway Albany, NY
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
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1
$1,500
Poplar Ridge
1040 Broadway Rensselaer, NY
1 BR | Available Now
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5
$1,000
Brand New Renovated Apartments
525 Clinton Ave Albany, NY
1 BR | Jan. 10, 2025
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5
$1,131
263 Central Ave
Albany, NY
1 BR | Available Now
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Dog Friendly
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0
$2,625
Wonder 5 Bedroom Student Housing
149 Western Ave Albany, NY
5 BR | Jun. 5, 2025
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14
$1,705
1506 Broadway, Unit 2
Rensselaer, NY
3 BR | Available Now
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Dog Friendly
Storage
0
$1,125
152 Western Llc
152 Western Ave Albany, NY
1 BR | Available Now
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Dog Friendly
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0
$1,860 - 2,090
Delaet's Landing
100 New Broadway Rensselaer, NY
2 BR | Jan. 3, 2025
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
17
$1,600
3 Elberon Pl
Albany, NY
3 BR | Dec. 1, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
34
$1,400
57 Partition St Rensselaer Ny 12144
Deal
Troy, NY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
9
$1,800
9 Elberon
Albany, NY
4 BR | Available Now
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Dog Friendly
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Surface Parking
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10
$1,800 - 1,950
11 Elberon Pl
Albany, NY
4 BR | Available Now
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Dog Friendly
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Surface Parking
Storage
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0
$1,200
19 Elberon Pl
Albany, NY
2 BR | Available Now
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Student
Virtual Tour
Balcony/Deck/Patio
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11
$500
PER
ROOM
Off-Campus Student Apartment Priced Per Room
27 Elberon Place Albany, NY
3 BR | Available Now
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Student
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Balcony/Deck/Patio
$1,100
498 Washington Ave
Albany, NY
2 BR | Available Now
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Surface Parking
Disability Access
Dishwasher
2
$1,500
495 Washington Ave
Albany, NY
3 BR | Jan. 25, 2025
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Student
Dishwasher
1
$1,149
664 State
664 State St Albany, NY
3 BR | Feb. 1, 2025
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
21
$1,650
49 Elberon Pl
Albany, NY
3 BR | Jul. 20, 2025
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Student
Balcony/Deck/Patio
Storage
Dishwasher
0
$1,350
3 Bedroom Off Campus Housing
51 Elberon Pl Albany, NY
3 BR | Jan. 15, 2025
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Balcony/Deck/Patio
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11
$1,800
665 State
665 State St Albany, NY
4 BR | Available Now
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31 - 60 of 109 Results
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Frequently Asked Questions

How many apartments are available in Downtown Albany on Rentable.co?

Rentable.co has over 110 apartments available near Downtown Albany.

What is the average rent for a studio apartment in Downtown Albany?

The average rent for a studio apartment near Downtown Albany is around $1,455 per month.

What is the average rent for a one-bedroom apartment in Downtown Albany?

The average rent for a one-bedroom apartment near Downtown Albany is around $1,272 per month.

What is the average rent for a two-bedroom apartment in Downtown Albany?

The average rent for a two-bedroom apartment near Downtown Albany is around $1,600 per month.

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

Rentable.co has over 2,760 apartments available in Albany.

What is the average rent for a studio apartment in Albany, NY?

The average rent for a studio apartment in Albany is around $1,600 per month.

What is the average rent for a one-bedroom apartment in Albany, NY?

The average rent for a one-bedroom apartment in Albany is around $1,300 per month.

What is the average rent for a two-bedroom apartment in Albany, NY?

The average rent for a two-bedroom apartment in Albany is around $1,800 per month.

How expensive is it to rent an apartment in Albany, NY?

For a two-bedroom apartment in Albany, the average rent price is $1,800 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Albany, NY?

Based on average rent prices in Albany, to afford a studio apartment you would need an annual household income of $64,000 to live comfortably.

Downtown Albany Neighborhood Summary

Albany is a city filled with rich history that shows through its many landmarks, various neighborhoods, and numerous unique places to hang out. Of course, the city’s pulse is defined by downtown. There are many bars and restaurants to choose from for some mouth-watering bites and fantastic drinks. Explore themany museums the area has to offer. If you’re looking for history in action, you can celebrate the city’s Dutch beginnings at the annual Tulip festival. Even the residential areas are vibrant and exciting!

Albany:
November Rent Report

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

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Albany and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Albany average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Albany Rent Prices Decrease From October to November

Albany rent prices decreased over the last month. From October to November, the city experienced a -2.38% decrease for the price of a one-bedroom apartment. The rent price for a Albany one-bedroom apartments currently stands at $1,311.0.

When we take a look at the two-bedroom comparison from October to November, Albany experienced a 2.22% increase for the price of a two-bedroom apartment. The rent price for a Albany two-bedroom apartments currently stands at $1,612.0.

November Prices: Albany vs. Surrounding Areas

Cohoes, NY
Clifton Park, NY
Troy, NY
Watervliet, NY
Albany, NY
Niskayuna, NY
Schenectady, NY
$1,804
$1,704
$1,600
$1,435
$1,343
$1,272
$1,138
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Albany and Surrounding Areas

Rent prices have decreased in Albany over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Albany suburb increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cohoes, NY .

  • Rent decreased in Troy, NY, Clifton Park, NY, Watervliet, NY, Niskayuna, NY, Schenectady, NY.

  • 4 suburbs are currently priced higher than the city of Albany.

  • 2 suburbs are currently priced lower than the city of Albany.

November 2024 Pricing Trends: Albany vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Albany, NY
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,343
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Albany Rent Prices More Affordable Than Major Cities

Rent growth in Albany over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Albany average rent prices appear to be relatively affordable for local residents.

The price for a Albany one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Albany and surrounding area rent prices, take a look at the complete data set below.

Data set for Albany and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Albany, NY $1,343.0 -3.52% $1,577.0 0.96%
Troy, NY $1,600.0 0.00% $1,308.0 -0.46%
Cohoes, NY $1,804.0 1.12% $2,055.0 0.44%
Clifton Park, NY $1,704.0 -0.35% $2,018.0 1.56%
Watervliet, NY $1,435.0 -0.14% $1,556.0 -0.58%
Niskayuna, NY $1,272.0 0.00% $1,546.0 -1.47%
Schenectady, NY $1,138.0 -3.56% $1,268.0 0.32%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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