
Luxury Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY (35 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

Park South

Academy Place

The Rise Midtown Square

The Rise: Downtown

The Rise: Pine Hills
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.

Downtown Student Housing

5 Madison Pl

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153 Myrtle Ave, Unit 2

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675 Hudson Ave, Unit First Floor

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522 Morris St

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208 Ontario St

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534 Yates St

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220 Ontario St
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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90 Madison Ave, Unit SI ID1501071P

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86 Madison Ave, Unit SI FL2-ID1501079P

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84 Madison Ave, Unit SI FL1-ID1501086P

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90 Madison Ave, Unit SI FL1-ID1501082P

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86 Madison Ave, Unit SI FL1-ID1501081P

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88 Madison Ave, Unit SI FL1-ID1501078P

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88 Madison Ave, Unit SI FL3-ID1501085P

148 S Swan St, Unit 1
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.

830 Western Ave

90 Madison Ave

194 N Lake Ave

1 Manning Blvd

223-225 Quail St

25 Besch Ave

105 Morris Apartments

Park Place at 60 State
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.

760 Broadway

Crestwood Townhomes

Albany Lofts at One Broadway
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 | $1,399 | $650 | $2,201 |
| Downtown Albany 1 Bedroom Apartments | $1,701 | $975 | $3,959 |
| Downtown Albany 2 Bedroom Apartments | $2,110 | $990 | $4,780 |
| Downtown Albany 3 Bedroom Apartments | $2,060 | $1,350 | $10,000+ |
| Downtown Albany 4 Bedroom Apartments | $2,138 | $575 | $8,082 |
| Downtown Albany 5 Bedroom Apartments | $2,912 | $2,350 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 35 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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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.
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
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 440 Studio Apartments in Downtown Albany with rent ranges from $650 to $2,201 with an average price of $1,399.
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 $975 to $3,959 with an average monthly rent of $1,701.
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 $990 to $4,780. Today's average rental price for Two Bedrooms here is $2,110.
How expensive are Downtown Albany Three Bedroom Apartments?
There are currently 95 Three Bedroom Apartments listings available in Downtown Albany on ApartmentHomeLiving.com. The pricing ranges from $1,350 to $11,065 - averaging $2,060 for the location.
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.