
Cheap Apartments for Rent in the Bishops Gate Neighborhood of Albany, NY from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bishops Gate area of Albany.


310 Western Ave, Unit Unit 2, Unit Unit 2

705 Hudson Ave

705 Hudson Ave

4 Peyster St

559 Myrtle Ave

559 Myrtle Ave

11 South Lake Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
64 Central Ave, Unit First Floor Studio, Unit First Floor Studio

204 Washington Ave

Total Monthly Price
78 Dove St

Downtown Student Housing

Total Monthly Price
2 Judson St, Unit Ground Level, Unit 1, Unit Ground Level, Unit 1

Willett Apartments

537 Clinton Ave

31-33 N Pearl St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

287 State St

323 Washington Ave

The Apartments at 66 State

262 Washington Ave

Fort Fredrick Apartments

Livingston School Apartments

Capitol Green

336 Hudson 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.

Knox Street Apartments

256 state street

363 state street

State Street Tower Apartments

409 State St

71 chestnut street

252 state street

Merchant Walter House
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.

The Amsdell

484 Washington Ave

110 Lark St

775 Myrtle Ave

4-6 Sheridan Ave

Total Monthly Price
400 Washington Ave, Unit upstairs, Unit upstairs

Total Monthly Price
1208 Broadway, Unit 1, Unit 1

1643 1st St
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.

Menands Gardens
Bishops Gate, Albany, NY Local Guide

How much does it cost to rent an apartment in Bishops Gate?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bishops Gate Studio Apartments | $1,472 | $1,050 | $2,010 |
| Bishops Gate 1 Bedroom Apartments | $1,622 | $1,000 | $2,331 |
| Bishops Gate 2 Bedroom Apartments | $1,921 | $975 | $3,500 |
| Bishops Gate 3 Bedroom Apartments | $1,780 | $1,215 | $2,725 |
| Bishops Gate 4 Bedroom Apartments | $1,984 | $575 | $2,680 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Bishops Gate Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Bishops Gate, Albany, NY Local Guide
- Nearby Albany neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Bishops Gate Apartments for Rent
 The cheapest available apartment rental in the Bishops Gate area of Albany, NY is a Studio unit found at 256 state street priced from $975. 363 state street has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Bishops Gate apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 256 state street | Studio, 1 Bathroom | Studio,1BA | $975 |
| 363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| Downtown Student Housing | 2 Bedroom | 2BR,2BA | $1,100 |
Best Value Apartments for Rent in Bishops Gate, NY
As of April 23, 2026 the best value apartment in the Bishops Gate area is the $0.17 price per square foot 2nd Floor Model at 370-372 Morris St in the in the Whitehall neighborhood starting from $1,725. The second greatest value Bishops Gate apartment is the 238 Quail St Model at 238 Quail St, Unit 1 starting at $3,000 with a $1.20 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Bishops Gate apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 370-372 Morris St | 2nd Floor | 3BR,1BA | $0.17 |
| 238 Quail St, Unit 1 | 238 Quail St | 5BR,2.5BA | $1.20 |
| 268 Western Ave, Unit 1 | 268 Western Ave | 4BR,1BA | $0.96 |
| 4 Harris Ave, Unit Floor 1 | 4 Harris Ave | 3BR,1BA | $1.19 |
| 64 Sand Creek Rd, Unit main building | 64 Sand Creek Rd | 1BR,1.5BA | $1.17 |
| 459 Jay St, Unit 1 | 459 Jay St | 2BR,1BA | $0.96 |
| 270 Livingston Ave, Unit #1 | 270 Livingston Ave | 4BR,1BA | $1.06 |
| 310 Western Ave, Unit Unit 2 | 310 Western Ave | 4BR,1BA | $0.56 |
| 624 Providence St, Unit 2 | 624 Providence St | 2BR,1BA | $1.24 |
| 400 Washington Ave, Unit upstairs | 400 Washington Ave | 1BR,1BA | $1.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 LifestyleBishops Gate, Albany, NY
Ranked #18
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Albany. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Bishops Gate Apartments
What is a cheap apartment in Bishops Gate?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bishops Gate is under $1,100.
What is the price of a cheap apartment in Bishops Gate?
The cheapest apartment in Bishops Gate is 71 chestnut street which is listed at $1,050, while the average apartment in Bishops Gate costs $3,000.
What types of apartments are the cheapest in Bishops Gate?
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 12 regular apartments in Bishops Gate 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 Bishops Gate?
Cheap apartments in Bishops Gate have an average cost of $545 which is $2,455 cheaper than the average rent for all rentals in Bishops Gate.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.