Cheap Apartments for Rent in the Downtown Albany Historic District Albany, NY from $700 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Albany Historic District area of Albany.

property at 51 Elm St

51 Elm St

AlbanyNY12202

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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69 Trinity Place
1 to 2 Bedroom Apartments

69 Trinity Place

69 Trinity PlzAlbany, NY 12202

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.

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100 Chestnut St
Studio to 2 Bedroom Apartments

100 Chestnut St

100 Chestnut StAlbany, NY 12210

Downtown Albany Historic District, Albany, NY Local Guide

Cheapest Available Downtown Albany Historic District Apartments for Rent

 

The cheapest available apartment rental in the Downtown Albany Historic District area of Albany, NY is a 2 Beds unit found at 252 state street priced from $1,250. 39 Columbia Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,385. Here are the most affordable Downtown Albany Historic District apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
252 state street2 Bedrooms, 1 Bathroom2BR,1BA$1,250
39 Columbia Street3071BR,1BA$1,385
The Apartments at 66 State1B1RD1BR,1BA$1,390

Best Value Apartments for Rent in Downtown Albany Historic District, NY

As of July 14, 2025 the best value apartment in the Downtown Albany Historic District area is the $0.97 price per square foot 2nd Floor Model at 8 Madison Pl in the in the Mount Hope neighborhood starting from $1,935. The second greatest value Downtown Albany Historic District apartment is the Unit 3F Model at 287 State St starting at $1,735 with a $1.16 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Downtown Albany Historic District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8 Madison Pl2nd Floor1BR,1BA$0.97
287 State StUnit 3F2BR,1BA$1.16
DeLaet's LandingB2BR,2BA$2.12
412 Broadway33/341BR,1.5BA$1.31
518 Broadway, Unit 1518 Broadway1BR,1BA$1.70
15 Delaware St, Unit 115 Delaware St1BR,1BA$1.37
99 Pine Street1BR/1.0BA1BR,1BA$1.42
Steuben Place ApartmentsOne Bed One Bath1BR,1BA$1.93
8 Myrtle Ave, Unit 28 Myrtle Ave1BR,1BA$1.62
The Apartments at 66 State1B1RD1BR,1BA$1.99

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Pet Friendly Lifestyle
Downtown Albany Historic District, Albany, NY

Ranked #5

Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Downtown Albany Historic District Neighborhood in Albany, NY

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

71 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Downtown Albany Historic District Apartments

What is the Cheapest Studio apartment in Downtown Albany Historic District?

Currently the most affordable Cheap Studio Apartment in Downtown Albany Historic District is at Abraxas at 90 State listed at $1,588.

How much is rent for a Cheap One Bedroom Downtown Albany Historic District Apartment?

The lowest price for a Cheap One Bedroom Downtown Albany Historic District Apartment is $1,250 at 252 state street.

What is the lowest price for a Cheap Two Bedroom Downtown Albany Historic District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Albany Historic District is starting from $1,250 at 252 state street.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.