
Cheap Apartments for Rent in the Downtown Albany Historic District Albany, NY from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albany Historic District area of Albany.


287 State St

109 Philip St

54 James St, Unit Suite 2

The Kennedy

The Knick
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.

37 Maiden Ln

20 Park Residences

54 James St, Unit Suite 1

15 Ten Broeck St

Fort Fredrick Apartments

256 state street
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.

71 chestnut street

253 State St

252 state street

120 Hamilton St

69 Trinity Place

96 Grand St
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.

255 State St

21 Elk St
Downtown Albany Historic District, Albany, NY Local Guide

How much does it cost to rent an apartment in Downtown Albany Historic District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albany Historic District Studio Apartments | $1,591 | $1,025 | $1,945 |
| Downtown Albany Historic District 1 Bedroom Apartments | $1,703 | $1,195 | $3,150 |
| Downtown Albany Historic District 2 Bedroom Apartments | $2,489 | $1,400 | $4,057 |
| Downtown Albany Historic District 3 Bedroom Apartments | $3,030 | $3,030 | $3,030 |
| Downtown Albany Historic District 4 Bedroom Apartments | $7,095 | $7,095 | $7,095 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Albany Historic District Neighborhood of Albany, NY.
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Downtown Albany Historic District, Albany, NY Local Guide
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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 1 Bed unit found at 256 state street priced from $950. 287 State St has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Downtown Albany Historic District apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $950 |
| 287 State St | 280/1 | Studio,1BA | $1,025 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| The Kennedy | 403 | Studio,1BA | $1,185 |
| 69 Trinity Place | Spacious Studio Minutes from Times Union, Alban... | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Downtown Albany Historic District, NY
As of July 22, 2026 the best value apartment in the Downtown Albany Historic District area is the $1.55 price per square foot 35 Clinton Ave Model at 35 Clinton Ave, Unit UpperFloors/2Bedroom in the in the Arbor Hill neighborhood starting from $2,250. The second greatest value Downtown Albany Historic District apartment is the Two Bed Two Bath Model at Steuben Place Apartments starting at $1,995 with a $1.71 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 35 Clinton Ave, Unit UpperFloors/2Bedroom | 35 Clinton Ave | 2BR,2.5BA | $1.55 |
| Steuben Place Apartments | Two Bed Two Bath | 2BR,2BA | $1.71 |
| The Monroe Apartments | 1BR/1.0BA | 1BR,1BA | $1.73 |
| 44 James | 211 | 2BR,1BA | $1.88 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| 20 Park Residences | 1 Bed | 1BR,1BA | $2.14 |
| The Knick | 1 Bedroom L | 1BR,1BA | $2.01 |
| The Kenmore | 307 | 1BR,1BA | $2.38 |
| The Rise: Downtown | S - B | Studio ,1BA | $2.59 |
| The Kennedy | 403 | Studio ,1BA | $2.00 |
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.
Read ArticleReal 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.
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 LifestyleDowntown Albany Historic District, Albany, NY
Ranked #13
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 287 State St listed at $1,025.
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 $950 at 256 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 $1,550 at 96- 100 Chestnut St.
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

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.