Cheap Homes for Rent in Downtown Albany Historic District Albany, NY from $1,000 (5 Rentals)

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

property at 130 S Pearl St

$1,090

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jan 1, 2026

130 S Pearl St

AlbanyNY12202

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 33 Elm St

$1,150 - $1,200

1 Bedroom Rentals

Available Now

33 Elm St

AlbanyNY12202

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 $1,050. 71 chestnut street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. 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$1,050
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
The KnickStudio FStudio,1BA$1,095

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

As of December 30, 2025 the best value apartment in the Downtown Albany Historic District area is the $1.59 price per square foot Plan 508 Model at The Monroe in the in the Arbor Hill neighborhood starting from $2,385. The second greatest value Downtown Albany Historic District apartment is the Garden Apartment Model at 5 Madison Pl starting at $2,995 with a $2.14 price per square foot in the Mount Hope 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.
The MonroePlan 5082BR,2BA$1.59
5 Madison PlGarden Apartment2BR,2BA$2.14
412 Broadway33/341BR,1.5BA$1.31
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
Steuben Place ApartmentsTwo Bed Two Bath2BR,2BA$1.94
DeLaet's LandingD1BR,1BA$2.23
The Kenmore6242BR,1BA$1.87
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82
The Apartments at 66 State1 Bedroom A1BR,1BA$1.99
20 Park Residences1 Bed1BR,1BA$2.14

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Downtown Albany Historic District, Albany, NY

Ranked #18

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 Downtown Albany Historic District

What type of rentals are currently available in Downtown Albany Historic District?

There are currently 123 Apartments for Rent in Downtown Albany Historic District, NY with pricing that ranges from $995 to $2,995. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Albany Historic District ranging from $1,090 to $1,725.

What is the current price range for Rental Homes in Downtown Albany Historic District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Albany Historic District ranges from $1,090 to $1,725 with an average monthly rent of $1,393.

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

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY article

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.