Cheap Apartments for Rent in Albany County, NY from $400 (79 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 51 Elm St

51 Elm St

AlbanyNY12202

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 142 Morton Ave in the Whitehall neighborhood priced from $850. Capitol Green in the Whitehall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here is today’s list of the most affordable Albany County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
Capitol GreenStudioStudio,1BA$875
The DelawareOne Bedroom1BR,1BA$895
11 S LakeStudio ApartmentStudio,1BA$1,000
Latham Village AptartmentsOne Bedroom One Bath1BR,1BA$1,065
Downtown Student Housing2 Bedroom2BR,2BA$1,100
Park Guilderland Apartment HomesStudio - 550 sqft1BR,1BA$1,105
Brandywine ApartmentsHUD Subsidized - 1 BR1BR,1BA$1,114
The AmsdellStyle AStudio,1BA$1,130

Best Value Apartments for Rent in Albany County, NY

As of July 15, 2025 the best value apartment in the Albany County area is the $0.96 price per square foot 268 Western Ave Model at 268 Western Ave, Unit 1 in the in the Whitehall neighborhood starting from $2,400. The second greatest value Albany County apartment is the 238 Quail St Model at 238 Quail St, Unit 1 starting at $3,000 with a $1.20 price per square foot in the Whitehall neighborhood. 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.
268 Western Ave, Unit 1268 Western Ave4BR,1BA$0.96
238 Quail St, Unit 1238 Quail St5BR,2.5BA$1.20
Shelter CoveTruro2BR,2BA$1.14
489 Western Ave, Unit 3489 Western Ave5BR,2BA$1.15
8 Madison Pl2nd Floor1BR,1BA$0.97
105 Hudson Ave, Unit APT 2105 Hudson Ave2BR,1BA$0.76
287 State StUnit 3F2BR,1BA$1.16
459 Jay St, Unit 1459 Jay St2BR,1BA$0.96
Latham Village AptartmentsOne Bedroom One Bath1BR,1BA$1.18
The DelawareOne Bedroom1BR,1BA$1.19

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 $1,130.

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 5 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 $165 which is $2,835 cheaper than the average rent for all rentals in Albany County.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.