
Cheap Apartments for Rent in the Bishops Gate Neighborhood of Albany, NY from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bishops Gate area of Albany.


211 Ontario St, Unit Studio

Capitol Green

64 Central Ave, Unit First Floor Studio

367 Hudson Ave

322 2nd St

91 Columbia St
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98 Chestnut St

11 South Lake Ave

386 Madison Ave, Unit Garden Level

59 Ontario St

50 Elberon Pl

3 Dana Ave

578 Madison Ave
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.

5 Irving St

Downtown Student Housing

Livingston School Apartments

Knox Street Apartments

Fort Fredrick Apartments

336 Hudson street

363 state street
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State Street Tower Apartments

409 State St

252 state street

71 chestnut street

256 state street

Merchant Walter House

The Amsdell
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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 | $1,322 | $800 | $2,010 |
| Bishops Gate 1 Bedroom Apartments | $1,529 | $975 | $2,345 |
| Bishops Gate 2 Bedroom Apartments | $1,849 | $1,100 | $3,285 |
| Bishops Gate 3 Bedroom Apartments | $1,740 | $1,215 | $2,500 |
| Bishops Gate 4 Bedroom Apartments | $2,116 | $585 | $2,860 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Bishops Gate Neighborhood of Albany, NY.
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Bishops Gate, Albany, NY Local Guide
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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 Capitol Green priced from $875. 256 state street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Bishops Gate apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capitol Green | Studio | Studio,1BA | $875 |
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| Downtown Student Housing | 2 Bedroom | 2BR,2BA | $1,100 |
| 357-363 Morris St | One Bed One Bath | 1BR,1BA | $1,175 |
| Tivoli Park Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,200 |
| Park Hill Lane Apartments | The Hickory PL | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Bishops Gate, NY
As of January 22, 2026 the best value apartment in the Bishops Gate area is the $0.96 price per square foot 268 Western Ave Model at 268 Western Ave, Unit 1 in the in the Whitehall neighborhood starting from $2,400. 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. |
|---|---|---|---|
| 268 Western Ave, Unit 1 | 268 Western Ave | 4BR,1BA | $0.96 |
| 238 Quail St, Unit 1 | 238 Quail St | 5BR,2.5BA | $1.20 |
| 44 Clinton Ave, Unit 2 Brownstone | 44 Clinton Ave | 3BR,2BA | $1.25 |
| 459 Jay St, Unit 1 | 459 Jay St | 2BR,1BA | $0.96 |
| 589 Washington Ave, Unit 1 | 589 Washington Ave | 4BR,1BA | $1.37 |
| Downtown Student Housing | 3 Bedroom | 3BR,2BA | $1.33 |
| 412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
| The Lofts at 733 Broadway | Unit 204 | 1BR,1BA | $1.38 |
| 716 State St, Unit 716 State Street | 716 State St | 4BR,2BA | $0.65 |
| 211 Ontario St, Unit Studio | 211 Ontario St | Studio ,1BA | $1.00 |
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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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.
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 $1,220.
What is the price of a cheap apartment in Bishops Gate?
The cheapest apartment in Bishops Gate is Capitol Green which is listed at $975, while the average apartment in Bishops Gate costs $3,200.
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 15 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 $724 which is $2,476 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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.