Cheap Apartments for Rent in Albany County, NY from $400 (73 Rentals)

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Search the lowest-cost Apartments available for rent right now in Albany County.

property at 640 3rd Ave

$935 - $1,150

Studio To 2 Bedroom Rentals

Available Now

640 3rd Ave

WatervlietNY12189

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 4 King Ave

$1,200 - $1,400

1 To 2 Bedroom Rentals

Available Aug 1

4 King Ave

AlbanyNY12206
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63 2nd Ave
1 Bedroom Apartments

63 2nd Ave

63 2nd AveAlbany, NY 12202
Student Housing
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Rotterdam Apartments
1 to 3 Bedroom Apartments

Rotterdam Apartments

3160 Marra LnRotterdam, NY 12306
  • Utilities Included
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Mosaic Village
1 to 3 Bedroom Apartments

Mosaic Village

55 Sargent StCohoes, NY 12047
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Louis Apartments
1 Bedroom Apartments

Louis Apartments

2 Louis DrRavena, NY 12143
Senior Living
  • Utilities Included
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Capitol Green
Studio to 2 Bedroom Apartments

Capitol Green

400 Central AveAlbany, NY 12206
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Cheapest Available Albany County Apartments for Rent

 

The cheapest available apartment rental in Albany County, NY is a Studio unit found at 449 State St in the Whitehall neighborhood priced from $895. The Delaware has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Albany County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
449 State St0 Beds, 1 BathsStudio,1BA$895
The DelawareOne Bedroom1BR,1BA$895
Campus View ApartmentsStudioStudio,1BA$948
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
287 State St280/1Studio,1BA$1,025
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050

Best Value Apartments for Rent in Albany County, NY

As of July 18, 2026 the best value apartment in the Albany County area is the $0.17 price per square foot 2nd Floor Model at 370-372 Morris St in the in the Whitehall neighborhood starting from $1,725. The second greatest value Albany County apartment is the Eastham Model at Shelter Cove starting at $2,694 with a $1.01 price per square foot . Here is today’s list of the best values for Albany County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
370-372 Morris St2nd Floor3BR,1BA$0.17
Shelter CoveEastham2BR,2BA$1.01
268 Western Ave, Unit 1268 Western Ave4BR,1BA$0.96
74 N Allen St, Unit 274 N Allen St5BR,1BA$1.00
475 Hamilton St, Unit 2475 Hamilton St4BR,1BA$1.10
Elm Estates2 BD 2.5 BTH T HOUSE2BR,2.5BA$1.16
13A Harding Avenue, Unit 13A13A Harding Avenue2BR,1.5BA$1.13
178 Western Ave, Unit 2178 Western Ave3BR,1BA$0.43
385 Orange St, Unit 1385 Orange St3BR,1BA$1.07
211 Ontario St, Unit 1211 Ontario St4BR,1BA$0.48

Frequently Asked Questions about Cheap Albany County Apartments

What is a cheap apartment in Albany County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albany County is under $1,050.

What is the price of a cheap apartment in Albany County?

The cheapest apartment in Albany County is The Delaware which is listed at $895, while the average apartment in Albany County costs $3,000.

What types of apartments are the cheapest in Albany County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in Albany County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Albany County?

Cheap apartments in Albany County have an average cost of $637 which is $2,363 cheaper than the average rent for all rentals in Albany County.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.