Cheap Apartments for Rent in the Bishops Gate Neighborhood of Albany, NY from $500 (28 Rentals)

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

property at 91 Columbia St

$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

91 Columbia St

AlbanyNY12210

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property at 578 Madison Ave

$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

578 Madison Ave

AlbanyNY12208

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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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210

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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.

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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
  • Utilities Included
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210
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The Amsdell
Studio Apartments

The Amsdell

175 Jay StAlbany, NY 12210
Corporate Housing
  • Utilities Included

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.

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 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 ListingModel NameBed/BathPriced From
Capitol GreenStudioStudio,1BA$875
256 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
Downtown Student Housing2 Bedroom2BR,2BA$1,100
357-363 Morris StOne Bed One Bath1BR,1BA$1,175
Tivoli Park Apartments1 Bedroom 1 Bathroom1BR,1BA$1,200
Park Hill Lane ApartmentsThe Hickory PL1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
268 Western Ave, Unit 1268 Western Ave4BR,1BA$0.96
238 Quail St, Unit 1238 Quail St5BR,2.5BA$1.20
44 Clinton Ave, Unit 2 Brownstone44 Clinton Ave3BR,2BA$1.25
459 Jay St, Unit 1459 Jay St2BR,1BA$0.96
589 Washington Ave, Unit 1589 Washington Ave4BR,1BA$1.37
Downtown Student Housing3 Bedroom3BR,2BA$1.33
412 Broadway33/341BR,1.5BA$1.31
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
716 State St, Unit 716 State Street716 State St4BR,2BA$0.65
211 Ontario St, Unit Studio211 Ontario StStudio ,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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The 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.

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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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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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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

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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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.

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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.

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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.