Cheap Apartments for Rent in 12206
56 rentals
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Use arrow keys to navigatePET FRIENDLYRegan Development
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Albany Management Group
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NEW - 16 HRS AGOPET FRIENDLY
$1,205 - $1,435/mo
1-2 Beds
1 BathSwinburne Commons Apartments | 526 Central Ave #257dd635a,
Albany, NY 12206
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SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
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PET FRIENDLYOpus Management Group
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PET FRIENDLY$1,390 - $1,610/mo2-3 Beds1 BathTivoli Park Apartments | 469 Livingston Ave #5419522,
Albany, NY 12206Opus Management Group
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PET FRIENDLYRedstone Residential
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Average Rent Trends in 12206
Rent in 12206 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,500 |
| Jul 2025 | $1,600 |
| Aug 2025 | $1,500 |
| Sep 2025 | $1,400 |
| Oct 2025 | $1,487 |
| Nov 2025 | $1,487 |
| Dec 2025 | $1,475 |
| Jan 2026 | $1,450 |
| Feb 2026 | $1,500 |
| Mar 2026 | $1,400 |
| Apr 2026 | $1,400 |
| May 2026 | $1,385 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $1,435 | $1,595 | $1,750 | $1,400 |
| Townhomes | — | $1,400 | — | $1,900 | $1,500 |
| Apartments and Condos | $1,200 | $1,250 | $1,590 | $1,700 | $1,350 |
| Houses | — | $1,500 | $1,700 | $650 | $1,595 |
Frequently Asked Questions about Rentals in 12206
- What is the average rent of an apartment in 12206?The average rent of an apartment in 12206 is $1,361 per month. This is about 29% lower than the national average.
- What is the average rent of a house in 12206?The average rent of a house in 12206 is $1,595 per month. This is about 17% lower than the national average.
- What is the average rent of a townhome in 12206?The average rent of a townhome in 12206 is $1,400 per month. This is about 27% lower than the national average.
- When is the average rent cheapest in 12206?In the last year, the average rent in 12206 was lowest in Jan 2025 when it was $1,350 per month.
- When is the average rent most expensive in 12206?In the last year, the average rent in 12206 was highest in Jul 2025 when it was $1,600 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 12206?The average rent of a 1 bedroom apartment in 12206 is $1,200 per month. That is about $200 more than the cost of a studio apartment.
- How many available rental listings are in 12206?There are 62 available rental listings in 12206.
- What are some cities near 12206?Some nearby cities include: Albany, Menands, Rensselaer, Watervliet, Latham, Glenmont. These cities may have more rental options to explore.