Cheap Apartments for Rent in the Bishops Gate Neighborhood of Albany, NY from $700 (93 Rentals)

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

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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property at 4 King Ave
$1,200 - $1,400
1 To 2 Bedroom Rentals
Available Now
Affordability

4 King Ave

AlbanyNY12206
property at 543 Clinton Ave
$1,200 - $1,850
1 To 4 Bedroom Rentals
Available Now
Affordability

543 Clinton Ave

AlbanyNY12206

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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560 Park Ave, Unit 560-1
$1,250

Total Monthly Price

Base Rent$1,250
Total Monthly Price$1,250
1 Bedroom Apartment Available Now

560 Park Ave, Unit 560-1

560 Park AveAlbany, NY 12208
Affordability

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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property at 423 Clinton Ave
$1,350
2 Bedroom Rentals
Available Now
Affordability

423 Clinton Ave

AlbanyNY12206

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.

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Capitol Green
Studio to 2 Bedroom Apartments

Capitol Green

400 Central AveAlbany, NY 12206
  • Utilities Included

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.

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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 1 Bed unit found at 71 chestnut street priced from $800. 449 State St has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Bishops Gate apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$800
449 State St0 Beds, 1 BathsStudio,1BA$895
336 Hudson streetStudio, 1 BathroomStudio,1BA$900
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$975
Downtown Student Housing2 Bedroom2BR,2BA$1,100
252 state street1 Bedroom, 1 Bathroom1BR,1BA$1,175
441 State StStudioStudio,1BA$1,200
81 Ten Broeck St1BR/1.0BA1BR,1BA$1,200

Best Value Apartments for Rent in Bishops Gate, NY

As of September 06, 2026 the best value apartment in the Bishops Gate area is the $0.15 price per square foot 280 State St Model at 280 State St, Unit 3 in the in the Arbor Hill neighborhood starting from $1,525. The second greatest value Bishops Gate apartment is the 44 Clinton Ave Model at 44 Clinton Ave, Unit 2 Brownstone starting at $2,500 with a $1.25 price per square foot in the Arbor Hill 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.
280 State St, Unit 3280 State St2BR,1BA$0.15
44 Clinton Ave, Unit 2 Brownstone44 Clinton Ave3BR,2BA$1.25
155 Western Ave, Unit 3155 Western Ave3BR,2BA$1.05
35 Clinton Ave, Unit UpperFloors/2Bedroom35 Clinton Ave2BR,2.5BA$1.41
361 Manning Blvd, Unit 2361 Manning Blvd3BR,1BA$1.21
326 Quail St, Unit 326 Quail 1st Floor326 Quail St3BR,1BA$1.00
589 Washington Ave589 Washington Ave4BR,1BA$1.37
Downtown Student Housing3 Bedroom3BR,2BA$1.33
Swinburne Commons Apartments3 Bedroom3BR,2BA$1.33
218 Elm St, Unit #2218 Elm St1BR,1BA$1.40

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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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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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 #12

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 $1,200.

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 $800, while the average apartment in Bishops Gate costs $1,700.

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 9 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 $681 which is $1,019 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

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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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.