Apartments for Rent in Albany NY
2,799 Rentals
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Showing 40 of 622 Results - Page 1 of 16
Albany, NY Apartments for Rent
Albany, New York combines historic architecture and contemporary living along the Hudson River. As the Capital District's center, the city balances government operations with welcoming neighborhoods. Current rental trends show moderate growth, with average rents ranging from $1,284 for studios to $1,914 for three-bedroom units, with an overall average of $1,506. The market has seen modest increases, with year-over-year changes varying from 1.8% to 3.5% across different unit sizes.
Albany's neighborhoods each offer distinct characteristics. Center Square features well-preserved row houses near local shops and restaurants, while Pine Hills sits close to educational institutions. Washington Park, an 81-acre green space designed in 1876, hosts summer concerts and provides winter recreation including ice skating. The Empire State Plaza and the New York State Capitol building create Albany's recognizable skyline. The presence of the University at Albany influences the city's atmosphere, while traditions like the spring Tulip Festival celebrate the area's Dutch heritage. The city's cultural scene includes performances at the Palace Theatre and The Egg, exhibits at the Albany Institute of History & Art, and dining options throughout downtown and Lark Street areas.
Albany, NY Rental Insights
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The average rent in Albany, NY is $1,528 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in Albany, NY is slightly less expensive than much of the country.
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Find affordable apartments for rent in Albany, NY by browsing listings in budget-friendly neighborhoods such as Capitol Hill, Center Square, and Central Avenue. Use filters by price, number of bedrooms, and amenities to narrow your search.
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The cost of living in Albany, NY is 5.7% higher than the national average. Daily expenses like housing, groceries, and transportation generally cost more than in many other U.S. cities.
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To live comfortably in Albany, NY as a single adult with no dependents, aim for a salary of at least $79,000 before taxes. Expect to spend about $8,520/year for groceries, $14,076 for goods and services, and $26,796/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Albany, NY by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 2,799 Albany apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Albany, NY has limited transit options. A car is recommended for most errands and commutes.
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Students renting in Albany, NY have access to SUNY Albany, Uptown Campus, The College of Saint Rose, The Sage Colleges, Albany, and Albany Medical College.