Apartments for Rent in Albany, NY Under $1,500 (243 Rentals)

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36 S Main Ave, Unit 1
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
3 Bedroom Apartment Available Now

36 S Main Ave, Unit 1

36 S Main AveAlbany, NY 12208
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396 Clinton Ave, Unit 2
$1,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,490
Total Monthly Price
$1,490
3 Bedroom Apartment Available Now

396 Clinton Ave, Unit 2

396 Clinton AveAlbany, NY 12206
Affordability

Albany's Best Affordable Neighborhoods

Learn about Albany, NY and the best places to live with original content written by our New York area Local Expert Patrick Ryan

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146 Chestnut St, Unit 3
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400
1 Bedroom Apartment Available Oct 1

146 Chestnut St, Unit 3

146 Chestnut StAlbany, NY 12210
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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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51 Russell Rd
$1,300 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,400
Total Monthly Price
$1,300 - $1,400
1 to 2 Bedroom Apartment Available Oct 1

51 Russell Rd

51 Russell RdAlbany, NY 12203
Affordability
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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560 Park Ave, Unit 560-1
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
1 Bedroom Apartment Available Now

560 Park Ave, Unit 560-1

560 Park AveAlbany, NY 12208
Cost Per Sq.Ft.

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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Campus View Apartments
$1,048 - $1,288
Total Monthly Price

Total Monthly Price

Base Rent
$1,048 - $1,288
Total Monthly Price
$1,048 - $1,288
Studio to 1 Bedroom Apartments Available Now

Campus View Apartments

10 Brevator StAlbany, NY 12203
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Block 75
$985 - $1,210
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,210
Total Monthly Price
$985 - $1,210
2 to 4 Bedroom Apartments Available Now

Block 75

1475 Washington AveAlbany, NY 12206
Student Housing
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  • Customer Reviewed
  • Utilities Included

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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Albany, NY Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Albany, NY Area Reviews

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Frequently Asked Questions about Albany

How much are Studio apartments in Albany?

There are currently 589 Studio Apartments in Albany with rent ranges from $810 to $2,025 with an average price of $1,461.

What is the current price range for One Bedroom Albany Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Albany ranges from $500 to $3,023 with an average monthly rent of $1,683.

What does renting a Two Bedroom Apartment in Albany cost?

The monthly rent prices of Two Bedroom Apartments currently available in Albany range from $990 to $18,250. Today's average rental price for Two Bedrooms here is $2,137.

How expensive are Albany Three Bedroom Apartments?

There are currently 198 Three Bedroom Apartments listings available in Albany on ApartmentHomeLiving.com. The pricing ranges from $999 to $3,914 - averaging $2,088 for the location.

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

decorative image for The Best Neighborhoods for Renters While Attending College in Albany article

The Best Neighborhoods for Renters While Attending College in Albany

Written by: Patrick Ryan

Albany, the Capital city of New York state, is revered for its unique architecture and storied history.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.