Cheap Apartments for Rent in the Bishops Gate Neighborhood of Albany, NY from $500 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bishops Gate area of Albany.

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.

property at 127 Dove St

$1,050 - $1,500

1 To 2 Bedroom Rentals

Available Now

127 Dove St

AlbanyNY12202
property at 152 Western Ave

$1,195 - $2,000

1 To 3 Bedroom Rentals

Available Now

152 Western Ave

AlbanyNY12203

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.

Cash 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.

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Capitol Green
Studio to 2 Bedroom Apartments

Capitol Green

400 Central AveAlbany, NY 12206
  • Utilities Included
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449 State St
Studio to 2 Bedroom Apartments

449 State St

449 State StAlbany, NY 12203
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210

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.

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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
  • Utilities Included
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The Amsdell
Studio Apartments

The Amsdell

175 Jay StAlbany, NY 12210
Corporate Housing
  • Utilities Included
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775 Myrtle Ave
Studio to 2 Bedroom Apartments

775 Myrtle Ave

775 Myrtle AveAlbany, NY 12208

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.

Bishops Gate, Albany, NY Local Guide

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 449 State St priced from $895. 256 state street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Bishops Gate apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
449 State St0 Beds, 1 BathsStudio,1BA$895
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
11 South Lake AveLarge StudioStudio,1BA$1,050
Downtown Student Housing2 Bedroom2BR,2BA$1,100

Best Value Apartments for Rent in Bishops Gate, NY

As of June 07, 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 327 Hudson Ave Model at 327 Hudson Ave, Unit Apartment #1 starting at $2,150 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
370-372 Morris St2nd Floor3BR,1BA$0.17
327 Hudson Ave, Unit Apartment #1327 Hudson Ave2BR,2.5BA$1.13
178 Western Ave, Unit 3178 Western Ave3BR,1BA$1.17
64 Sand Creek Rd, Unit main building64 Sand Creek Rd1BR,1.5BA$1.17
436 Clinton Ave, Unit 436 Clinton Ave #2436 Clinton Ave4BR,2BA$1.19
310 Western Ave, Unit 2310 Western Ave4BR,1BA$0.56
385 Orange St385 Orange St4BR,1BA$1.31
Swinburne Commons Apartments3 Bedroom3BR,2BA$1.12
211 Ontario St, Unit 1211 Ontario St4BR,1BA$0.48
497 Hamilton St, Unit room rentals497 Hamilton St4BR,1BA$0.52

Don'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.

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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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Quick 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.

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Pet Friendly Lifestyle
Bishops Gate, Albany, NY

Ranked #13

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 256 state street which is listed at $950, 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 $772 which is $2,228 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

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY article

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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.