
Luxury Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY (43 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

Park South

The Rise Midtown Square

The Kenmore

The Rise: Pine Hills
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

The Rise: Downtown

The Montclair

Downtown Student Housing

Total Monthly Price
823 Myrtle Ave

Total Monthly Price
44 Clinton Ave, Unit 2 Brownstone

90 Madison Ave

90 Madison Ave

Total Monthly Price
86 Madison Ave, Unit SI FL2-ID1501079P
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84 Madison Ave

84 Madison Ave

55 Elberon Pl

415 Hudson Ave

871 Mercer St

407 Hudson Ave

221-221 Quail St

80 Chestnut St
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

470 Hudson Ave

482 Yates St

52 Elberon Pl

90 Madison Ave

Total Monthly Price
86 Madison Ave, Unit SI FL1-ID1501081P

88 Madison Ave

194 N Lake Ave

223-225 Quail 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.

149 Western Ave

711-713 Myrtle Ave

25 Besch Ave

Wonder 5 Bedroom Student Housing

Wonder 5 Bedroom Student Housing

105 Morris Apartments

Park Place at 60 State

760 Broadway
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.

Crestwood Townhomes

5 Madison Pl

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 | $1,393 | $900 | $2,035 |
| Downtown Albany 1 Bedroom Apartments | $1,734 | $995 | $3,053 |
| Downtown Albany 2 Bedroom Apartments | $2,196 | $990 | $4,780 |
| Downtown Albany 3 Bedroom Apartments | $1,868 | $1,100 | $3,934 |
| Downtown Albany 4 Bedroom Apartments | $2,230 | $575 | $6,356 |
| Downtown Albany 5 Bedroom Apartments | $3,462 | $700 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Downtown Albany Neighborhood of Albany, NY.
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Downtown Albany, Albany, NY Local Guide
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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.
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 #2
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 439 Studio Apartments in Downtown Albany with rent ranges from $900 to $2,035 with an average price of $1,393.
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 $995 to $3,053 with an average monthly rent of $1,734.
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 $2,196.
How expensive are Downtown Albany Three Bedroom Apartments?
There are currently 123 Three Bedroom Apartments listings available in Downtown Albany on ApartmentHomeLiving.com. The pricing ranges from $1,100 to $3,934 - averaging $1,868 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

The Best Neighborhoods for Renters While Attending College in Albany
Written by: Patrick Ryan
Albany, the Capital city of New York state, is revered for its unique architecture and storied history.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.