
Cheap 2 Bedroom Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY from $990 (18 Rentals)


333 Orange St, Unit basement

138 Morton Ave

Downtown Student Housing

Total Monthly Price
19 Homestead St, Unit 3

Total Monthly Price
506 3rd St, Unit 506 3rd 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.

103 Grand St, Unit 1

Park Row and New Scotland Gardens Apartments

Fort Fredrick Apartments

336 Hudson street

Livingston School Apartments

State Street Tower Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Capitol Green

Knox Street Apartments

252 state street

775 Myrtle Ave

The Livingston

338 Hudson street
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Downtown Albany, Albany, NY Local Guide

How much does it cost to rent an apartment in Downtown Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albany Studio Apartments | $1,382 | $650 | $2,201 |
| Downtown Albany 1 Bedroom Apartments | $1,728 | $995 | $3,738 |
Downtown Albany 2 Bedroom Apartments | $2,132 | $990 | $4,780 |
| Downtown Albany 3 Bedroom Apartments | $2,051 | $1,295 | $10,000+ |
| Downtown Albany 4 Bedroom Apartments | $2,204 | $575 | $8,299 |
Explore Albany
Downtown Albany, Albany, NY Local Guide
- Nearby Albany neighborhoods
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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, Albany, NY
Ranked #1
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Albany, Albany, NY
William S Hackett Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Albany Apartments
What is a cheap apartment in Downtown Albany?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Albany is under $1,050.
What is the price of a cheap apartment in Downtown Albany?
The cheapest apartment in Downtown Albany is Downtown Student Housing which is listed at $1,100, while the average apartment in Downtown Albany costs $3,000.
What types of apartments are the cheapest in Downtown Albany?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Downtown Albany that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Albany?
Cheap apartments in Downtown Albany have an average cost of $569 which is $2,431 cheaper than the average rent for all rentals in Downtown Albany.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.