Albany NY Apartments
569 rentals
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PET FRIENDLY$1,700 - $3,125/mo
Studio-2 Beds
1-2 BathsThe Rise Midtown Square | 563 New Scotland Ave,
Albany, NY 12208Jankow Companies
SPECIAL OFFERPET FRIENDLYOpus Management Group
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$1,205 - $1,435/mo1-2 Beds1 BathSwinburne Commons Apartments Income Restricted Housing | 526 Central Ave,
Albany, NY 12206
PET FRIENDLYSunrise Management and Consulting
PET FRIENDLYBlue House Companies
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W and M Management
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PET FRIENDLY397 State LLC. (Parkash Real Estate)
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Average Rent Trends in Albany, NY
Rent in Albany, NY varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,549 |
| Oct 2025 | $1,583 |
| Nov 2025 | $1,538 |
| Dec 2025 | $1,567 |
| Jan 2026 | $1,573 |
| Feb 2026 | $1,554 |
| Mar 2026 | $1,546 |
| Apr 2026 | $1,589 |
| May 2026 | $1,588 |
| Jun 2026 | $1,578 |
| Jul 2026 | $1,663 |
| Aug 2026 | $1,697 |
Average Rent By Bedroom and Home Type
In August 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 | $1,350 | $1,600 | $1,775 | $2,000 | $1,600 |
| Townhomes | — | $1,625 | $2,100 | $1,650 | $2,025 |
| Apartments and Condos | $1,300 | $1,595 | $1,725 | $2,000 | $1,550 |
| Houses | $1,150 | $1,800 | $2,200 | $2,200 | $2,150 |
Frequently Asked Questions about Apartments and Condos for rent in Albany, NY
- What is the average rent of an apartment in Albany, NY?The average rent of an apartment in Albany, NY is $1,688 per month. This is about 14% lower than the national average.
- When is the average rent for an apartment cheapest in Albany, NY?In the last year, the average rent in Albany, NY was lowest in Feb 2025 when it was $1,508 per month.
- When is the average rent for an apartment most expensive in Albany, NY?In the last year, the average rent in Albany, NY was highest in Aug 2025 when it was $1,606 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Albany, NY?The average rent of a 1 bedroom apartment in Albany, NY is $1,433 per month. That is about $288 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Albany, NY?There are 545 available apartments or condos to rent in Albany, NY.
- What colleges and universities are in Albany, NY?Colleges and universities in Albany, NY include: University at Albany SUNY.
- What are some neighborhoods in Albany, NY?Some neighborhoods in Albany, NY include: Pine Hills, Loudonville, Campus Area (University District), Delaware Avenue, Westmere.
- What are some zip codes in Albany, NY?
- What are some cities near Albany, NY?Some nearby cities include: Menands, Latham, Guilderland, Slingerlands, Watervliet. These cities may have more rental options to explore.
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