
Cheap Studio Apartments for Rent in the Downtown Albany Neighborhood of Albany, NY from $900 (29 Rentals)


The Apartments at 66 State

Total Monthly Price
Campus View Apartments

262 Washington Ave

The Kenmore

45 Park Ave

Luna Studios
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

89 Columbia St, Unit 3

441 State St

The Elouise

87 Columbia St

20 Park Residences

Academy Place

Livingston School Apartments
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Capitol Green

449 State St

336 Hudson street

Western Ave. Apartments

363 state street

256 state street

The Amsdell
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325 State Street

69 Trinity Place

644 Madison Avenue

105 Morris Apartments

99 Pine Street

27 Western Ave

Park Place at 60 State
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Riverhill Apartments
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 29 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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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 ArticleNavigating 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
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 $1,048.
What is the price of a cheap apartment in Downtown Albany?
The cheapest apartment in Downtown Albany is 449 State St which is listed at $895, while the average apartment in Downtown Albany costs $1,800.
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 11 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 $583 which is $1,217 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

The Best Neighborhoods for Renters While Attending College in Albany
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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!
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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
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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.