3 Bedroom Apartments for Rent in Albany, NY Under $800 (1 Rental)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Albany, NY Local Guide

How much does it cost to rent an apartment in Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albany Studio Apartments | $1,351 | $805 | $2,295 |
Albany 1 Bedroom Apartments | $1,659 | $750 | $4,108 |
Albany 2 Bedroom Apartments | $2,023 | $990 | $4,984 |
Albany 3 Bedroom Apartments | $2,235 | $975 | $7,489 |
Albany 4 Bedroom Apartments | $1,684 | $700 | $2,700 |
Albany 5 Bedroom Apartments | $2,540 | $1,400 | $3,330 |
Explore Albany

Albany, NY Local Guide
- Albany Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Albany, NY
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Albany, NY Area Reviews
Frequently Asked Questions about 3 Bedroom Albany Apartments
What is the Cheapest apartment in Albany with 3 Bedroom?
Currently the most affordable 3 Bedroom in Albany is at 361 State St listed at $1,450.
How much is the average rent for a 3 Bedroom Albany Apartment?
The average rent for a 3 Bedroom Apartment in Albany is $2,235.
What is the largest available 3 Bedroom Albany Apartment for rent?
Today's apartment with the most square footage in Albany is a 1,944 square feet unit starting from $3,100 at Excelsior North Greenbush.
What is the average size for Albany 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Albany is currently 1,234 sq ft.
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.

A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY
Written by: Patrick Ryan
Albany, the capital of New York state, is a renter’s haven. With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.