Cheap Apartments for Rent in the Downtown Albany Historic District Albany, NY from $700 (20 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 130 S Pearl St

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990

Total Monthly Price
$990

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

130 S Pearl St

AlbanyNY12202

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.

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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210

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.

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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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69 Trinity Place
Studio to 2 Bedroom Apartments

69 Trinity Place

69 Trinity PlAlbany, NY 12202
Student Housing

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.

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255 State St
1 Bedroom Apartments

255 State St

255 State 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 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 ListingModel NameBed/BathPriced From
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
287 State St280/1Studio,1BA$1,025
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
The Kennedy403Studio,1BA$1,185
69 Trinity PlaceSpacious 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 ListingModel NameBed/BathPrice Per Sq.Ft.
35 Clinton Ave, Unit UpperFloors/2Bedroom35 Clinton Ave2BR,2.5BA$1.55
Steuben Place ApartmentsTwo Bed Two Bath2BR,2BA$1.71
The Monroe Apartments1BR/1.0BA1BR,1BA$1.73
44 James2112BR,1BA$1.88
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82
20 Park Residences1 Bed1BR,1BA$2.14
The Knick1 Bedroom L1BR,1BA$2.01
The Kenmore3071BR,1BA$2.38
The Rise: DowntownS - BStudio ,1BA$2.59
The Kennedy403Studio ,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.

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Real 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.

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Pet Friendly Lifestyle
Downtown Albany Historic District, Albany, NY

Ranked #13

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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.

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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.

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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.