New Apartments for Rent in Albany, NY Under $1,500 (28 Rentals)

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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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Block 75
$990 - $1,165

Total Monthly Price

Base Rent$990 - $1,165
Total Monthly Price$990 - $1,165
Built in 20162 to 4 Bedroom Apartments Available Now

Block 75

1475 Washington AveAlbany, NY 12206
Student Housing
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  • Utilities Included
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760 Broadway
Built in 2021Studio to 2 Bedroom Apartments

760 Broadway

760 BroadwayAlbany, NY 12207
  • Utilities Included

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

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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105 Morris Apartments
Built in 2021Studio to 2 Bedroom Apartments

105 Morris Apartments

105 Morris StAlbany, NY 12208
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Colvin Avenue Commons
Built in 20251 to 2 Bedroom Apartments

Colvin Avenue Commons

60 Colvin AveAlbany, NY 12206
Student Housing
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The Hudson Student Living
Built in 2024Studio to 4 Bedroom Apartments

The Hudson Student Living

1415 Washington AveAlbany, NY 12206
Student Housing
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The Amsdell
Built in 2024Studio Apartments

The Amsdell

175 Jay StAlbany, NY 12210
Corporate Housing
  • Utilities Included

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

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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Liberty Pointe
Built in 2018Studio to 2 Bedroom Apartments

Liberty Pointe

2 Winter Creek BlvdLatham, NY 12110
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The McManus
Built in 20251 to 2 Bedroom Apartments

The McManus

20 Herrick StRensselaer, NY 12144
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22 High St
Built in 20181 Bedroom Apartments

22 High St

22 High StRensselaer, NY 12144
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Hudson on Nine
Built in 20251 to 3 Bedroom Apartments

Hudson on Nine

5 Farm View DrSelkirk, NY 12158
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444 River Lofts
Built in 2020Studio to 3 Bedroom Apartments

444 River Lofts

444 River StTroy, NY 12180
Student Housing

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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Showing Results 1-28, Page 1 of 1

Albany, NY Local Guide

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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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!

Explore Albany, NY Rentals by Map

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See the most popular apartments and homes in Albany, NY

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Albany, NY Area Reviews

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Frequently Asked Questions about New Albany Apartments

What is the Cheapest New apartment in Albany?

Currently the most affordable New Apartment in Albany is at Kelsey Commons listed at $925.

How much is the average rent for a New Albany Apartment?

The average rent for a New Apartment in Albany is $2,000.

What is the largest New Albany Apartment for rent?

Today's New apartment with the most square footage in Albany is a 2,300 square feet unit starting from $1,935 at The Rise: Pine Hills.

What is the average size for Albany New Apartments for rent?

The average size for a New rental in Albany is currently at 638 sq ft.

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

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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.