
Cheap Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY from $500 (87 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown Albany area of Albany.


363 Madison Ave

Danker Village

52 Clinton St

133 S Lake Ave

281 Ontario St

92 Shaker Rd

600 Livingston Ave

PM 63 2nd Ave.

Livingston School Apartments
Albany's Best Affordable Neighborhoods
Learn about Albany, NY and the best places to live with original content written by our New York area Local Expert Patrick Ryan

Knox Street Apartments

Colvin Avenue Commons

Fort Fredrick Apartments

336 Hudson street

142 Morton Ave

Swinburne Common

Western Ave. Apartments

363 state street

State Street Tower Apartments

252 state street

71 chestnut street

256 state street

409 State St

Merchant Walter House

The Amsdell

Newly Renovated Apartments in Pine Hills

69 Trinity Place

105 Morris Apartments

338 Hudson street

The Livingston

27 Western Ave

Hinckel Brewery Development LLC

Park Hill Lane Apartments

Dutch Village Apartments

Primrose Gardens

64 Elm St

22 High St
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 | $1,389 | $800 | $2,010 |
| Downtown Albany 1 Bedroom Apartments | $1,592 | $895 | $2,345 |
| Downtown Albany 2 Bedroom Apartments | $1,943 | $1,100 | $4,580 |
| Downtown Albany 3 Bedroom Apartments | $1,747 | $1,215 | $2,500 |
| Downtown Albany 4 Bedroom Apartments | $2,072 | $585 | $2,860 |
Browse Apartments in this Neighborhood
There are currently 87 rentals with your search options within a 2 mile radius of the Downtown Albany Neighborhood of Albany, NY.
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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 $1,100.
What is the price of a cheap apartment in Downtown Albany?
The cheapest apartment in Downtown Albany is Swinburne Common which is listed at $937, while the average apartment in Downtown Albany costs $3,200.
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 22 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 $525 which is $2,675 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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.