
Cheap Homes for Rent in Bishops Gate Neighborhood of Albany, NY from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Bishops Gate area of Albany.


4 Peyster St

4 Peyster St

559 Myrtle Ave

705 Hudson 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.

366 New Scotland Ave

559 Myrtle Ave

559 Myrtle Ave

204 Washington Ave

484 Washington Ave
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.

1 Macnaughton Ave, Unit D

110 Lark St

4-6 Sheridan Ave

87 Columbia St, Unit 4R

188 Spring St
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.
Bishops Gate, Albany, NY Local Guide

How much does it cost to rent a home in Bishops Gate?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bishops Gate 2 Bedroom Homes for Rent | $1,534 | $1,100 | $2,200 |
| Bishops Gate 3 Bedroom Homes for Rent | $1,750 | $1,350 | $2,500 |
| Bishops Gate 4 Bedroom Homes for Rent | $2,196 | $1,600 | $2,800 |
| Bishops Gate 5 Bedroom Homes for Rent | $3,025 | $3,025 | $3,025 |
| Bishops Gate 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Bishops Gate 7 Bedroom Homes for Rent | $3,600 | $3,500 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 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 14, 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 |
| 4 Harris Ave, Unit Floor 1 | 4 Harris Ave | 3BR,1BA | $1.19 |
| 372 Morris St, Unit 372 Morris | 372 Morris St | 3BR,1BA | $1.11 |
| 287 State St | Unit 3F | 2BR,1BA | $1.16 |
| 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 |
| 310 Western Ave, Unit Unit 2 | 310 Western Ave | 4BR,1BA | $0.56 |
| 211 Ontario St, Unit 1 | 211 Ontario St | 4BR,1BA | $0.48 |
| 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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Pet Friendly LifestyleBishops Gate, Albany, NY
Ranked #20
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Bishops Gate
What type of rentals are currently available in Bishops Gate?
There are currently 696 Apartments for Rent in Bishops Gate, NY with pricing that ranges from $575 to $3,900. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bishops Gate ranging from $700 to $3,700.
What is the current price range for Rental Homes in Bishops Gate?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bishops Gate ranges from $700 to $3,700 with an average monthly rent of $2,229.
How much are larger Three and Four Bedroom Rentals in Bishops Gate?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Bishops Gate range from $1,215 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $575.
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.

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.

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.