
Luxury Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY (25 Rentals)
The most luxurious Apartments in the Downtown Albany area of Albany with high-end amenities, features, and finishes.


The Gallery on Holland

The Alexander

Academy Place

Industrie Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Park South Apartments

The Rise Midtown Square

Downtown Student Housing
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

454 Hamilton St, Unit 2nd Flr
Navigating 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.

94 Chestnut St

14 W Erie St
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

Albany Lofts at One Broadway

DeLaet's Landing
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 | $1,327 | $875 | $2,105 |
Downtown Albany 1 Bedroom Apartments | $1,597 | $550 | $3,592 |
Downtown Albany 2 Bedroom Apartments | $1,950 | $1,100 | $4,770 |
Downtown Albany 3 Bedroom Apartments | $1,862 | $1,215 | $5,730 |
Downtown Albany 4 Bedroom Apartments | $2,139 | $1,650 | $2,540 |
Downtown Albany 5 Bedroom Apartments | $2,710 | $1,400 | $3,330 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Downtown Albany Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Downtown Albany, Albany, NY Local Guide
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Quick 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 #31
Among neighborhoods in Albany, NY 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
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Central Albany. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Luxury Living Rating
This area of town has come to be one of the finest high-end communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like saunas, pools, sport courts, concierge services, views, access to parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Luxury neighborhoods also often offer tile, hardwood, and fine carpeting, sports like tennis and raquetball, and a full-time security staff or doorman.
Frequently Asked Questions about Downtown Albany
How much are Studio apartments in Downtown Albany?
There are currently 64 Studio Apartments in Downtown Albany with rent ranges from $875 to $2,105 with an average price of $1,327.
What is the current price range for One Bedroom Downtown Albany Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Albany ranges from $550 to $3,592 with an average monthly rent of $1,597.
What does renting a Two Bedroom Apartment in Downtown Albany cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Albany range from $1,100 to $4,770. Today's average rental price for Two Bedrooms here is $1,950.
How expensive are Downtown Albany Three Bedroom Apartments?
There are currently 76 Three Bedroom Apartments listings available in Downtown Albany on ApartmentHomeLiving.com. The pricing ranges from $1,215 to $5,730 - averaging $1,862 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.