Cheap Apartments for Rent in Albany, NY from $500 with Utilities Included (49 Rentals)

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Apartments with Utilities Included.

Cheap Apartments in Albany.

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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Who Pays for Utilities? Landlord or Tenant?

Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More

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357-363 Morris St
1 to 2 Bedroom Apartments

357-363 Morris St

357-363 Morris StAlbany, NY 12208
  • Utilities Included
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
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Shaker Run Apartments
1 to 3 Bedroom Apartments

Shaker Run Apartments

900 Shaker RunAlbany, NY 12205
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The Livingston
2 Bedroom Apartments

The Livingston

581 Livingston AveAlbany, NY 12206
Senior Living
  • Utilities Included

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Rotterdam Apartments
1 Bedroom Apartments

Rotterdam Apartments

3160 Marra LnRotterdam, NY 12306
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Spaulding Apartments
1 Bedroom Apartments

Spaulding Apartments

15-25 Forrest DrRensselaer, NY 12144
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4310-4351 Angela Ct
1 Bedroom Apartments

4310-4351 Angela Ct

4310-4351 Angela CtSchenectady, NY 12304
  • Utilities Included
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Hawthorne Gardens
1 to 2 Bedroom Apartments

Hawthorne Gardens

1980 Western AveGuilderland, NY 12084
  • Utilities Included

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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The Hudson
1 Bedroom Apartments

The Hudson

201 River StTroy, NY 12180
  • Utilities Included
Showing Results 1-49, Page 1 of 1

Albany, NY Local Guide

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.

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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

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Frequently Asked Questions about Cheap Albany Apartments

What is a cheap apartment in Albany?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albany is under $1,100.

What is the price of a cheap apartment in Albany?

The cheapest apartment in Albany is The Valley Green which is listed at $895, while the average apartment in Albany costs $2,709.

What types of apartments are the cheapest in Albany?

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 94 regular apartments in Albany 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?

Cheap apartments in Albany have an average cost of $448 which is $2,261 cheaper than the average rent for all rentals in Albany.

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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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.

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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.

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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.