
Cheap Apartments for Rent in the Downtown Albany Historic District Albany, NY from $740 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albany Historic District area of Albany.


147 Eagle St

The Apartments at 66 State

287 State St

20 Park Residences

31 Elm St
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.

89 Columbia St, Unit 3

69 Alexander St

39 Columbia Street

The Kennedy

4 Sheridan Ave

17 Ash Grove Pl, Unit 4
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.

96- 100 Chestnut St

Total Monthly Price
142 Washington Ave, Unit 203

The Knick

90 Swan

Total Monthly Price
163 Eagle St, Unit Garden level apt

60 Westerlo St, Unit 1
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.

Fort Fredrick Apartments

71 chestnut street

256 state street

252 state street

69 Trinity Place

96 Grand St
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.

255 State St

67 chestnut street

Park Place at 60 State
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 | $1,521 | $1,095 | $1,750 |
| Downtown Albany Historic District 1 Bedroom Apartments | $1,575 | $1,100 | $1,975 |
| Downtown Albany Historic District 2 Bedroom Apartments | $2,166 | $1,400 | $3,866 |
| Downtown Albany Historic District 3 Bedroom Apartments | $2,398 | $1,699 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 27 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 71 chestnut street priced from $800. 256 state street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Downtown Albany Historic District apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $800 |
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $950 |
| 252 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,175 |
| 287 State St | 491/1A | 1BR,1BA | $1,225 |
| 255 State St | 1 Beds, 1 Baths | 1BR,1BA | $1,250 |
| 20 Park Residences | Studio | Studio,1BA | $1,250 |
| 96- 100 Chestnut St | 1 Bedroom | 1BR,1BA | $1,400 |
| The Knick | 1 Bedroom L | 1BR,1BA | $1,415 |
| 90 Swan | 1BD | 1BR,1BA | $1,490 |
Best Value Apartments for Rent in Downtown Albany Historic District, NY
As of September 05, 2026 the best value apartment in the Downtown Albany Historic District 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 Downtown Albany Historic District 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 Downtown Albany Historic District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 280 State St, Unit 3 | 280 State St | 2BR,1BA | $0.15 |
| 44 Clinton Ave, Unit 2 Brownstone | 44 Clinton Ave | 3BR,2BA | $1.25 |
| 35 Clinton Ave, Unit UpperFloors/2Bedroom | 35 Clinton Ave | 2BR,2.5BA | $1.41 |
| Industrie Apartments | Apartment Type C1 | 2BR,2BA | $1.78 |
| Steuben Place Apartments | Two Bed Two Bath | 2BR,2BA | $1.96 |
| 13 Delaware St, Unit 13 delaware st albany ny | 13 Delaware St | 2BR,1BA | $1.64 |
| 99 Pine Street | 1BR/1.0BA | 1BR,1BA | $1.80 |
| The Kennedy | 404 | 2BR,1BA | $2.03 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| 142 Washington Ave, Unit 203 | 142 Washington Ave | 1BR,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 ArticleNavigating 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.
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 #15
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 256 state street listed at $1,000.
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 $800 at 71 chestnut 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 $1,525 at 287 State 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.

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.

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.