
Cheap Apartments for Rent in Albany, NY from $500 (130 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in Albany.


3736 Carman Rd, Unit 2

Riverhill Apartments

Caldwell Apartments

Sol Apartments

Total Monthly Price
305 Jackson St

Total Monthly Price
373 3rd St

916 Kings Rd

Harbour Point Gardens

Total Monthly Price
164 River St, Unit 1

Total Monthly Price
159 River St, Unit 166B

3736 Carman Rd, Unit #3

19 Idlewild Park, Unit 7

Rotterdam Apartments

Spaulding Apartments

444 River Lofts

4310-4351 Angela Ct

Carman Senior Living Community

Hudson on Nine

Hawthorne Gardens

O'Neil Apartments

61 Vandenburgh Ave

22 High St

Rosewood Garden Apartments

Hudson Pointe

213-215 4th St

Skyview Terraces

Cornerstone Senior Apartments Apartments

48 Broadway

Partridge Hill Apartments
Albany, NY Local Guide

How much does it cost to rent an apartment in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Albany Studio Apartments | $1,400 | $650 | $2,214 |
| Cheap Albany 1 Bedroom Apartments | $1,661 | $750 | $2,796 |
| Cheap Albany 2 Bedroom Apartments | $2,117 | $990 | $10,000+ |
| Cheap Albany 3 Bedroom Apartments | $2,013 | $750 | $4,507 |
| Cheap Albany 4 Bedroom Apartments | $1,592 | $575 | $3,635 |
| Albany 5 Bedroom Apartments | $2,593 | $700 | $3,500 |
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Albany, NY Area Reviews
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 $1,000.
What is the price of a cheap apartment in Albany?
The cheapest apartment in Albany is 256 state street which is listed at $950, while the average apartment in Albany costs $2,430.
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 247 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 $654 which is $1,776 cheaper than the average rent for all rentals in Albany.
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

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.

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.

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.

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.