
New Apartments for Rent in Albany, NY Under $1,500 (26 Rentals)


Academy Place

The Knick

@Hudson Park

Slip 12

39 Columbia Street
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.

Astro Apartments

Total Monthly Price
Block 75

1395 Hudson

760 Broadway

The Lofts at Washington Park

105 Morris Apartments
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.

Colvin Avenue Commons

Swinburne Commons Apartments

The Hudson Student Living

The Amsdell

Kings Landing

The Rise Collar City
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.

Sol Apartments

Incite at Troy

Kelsey Commons

Liberty Pointe

The McManus

22 High St
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.

Hudson on Nine

444 River Lofts
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 | $1,408 | $650 | $2,201 |
| Albany 1 Bedroom Apartments | $1,669 | $750 | $4,142 |
| Albany 2 Bedroom Apartments | $2,097 | $990 | $10,000+ |
| Albany 3 Bedroom Apartments | $1,976 | $999 | $10,000+ |
| Albany 4 Bedroom Apartments | $1,759 | $575 | $8,082 |
| Albany 5 Bedroom Apartments | $2,866 | $2,350 | $4,000 |
Explore Albany

Albany, NY Local Guide
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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.
Read ArticleQuick 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.
Pet Friendly Lifestyle
Ranked #
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albany, NY Rentals by Map
See the most popular apartments and homes in Albany, NY
Albany, NY Area Reviews
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 1395 Hudson listed at $650.
How much is the average rent for a New Albany Apartment?
The average rent for a New Apartment in Albany is $1,959.
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 643 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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.