
Cheap Apartments for Rent in the Downtown Neighborhood of Albany, NY from $550 (51 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown area of Albany.

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Downtown, Albany, NY Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,395 | $970 | $1,750 |
| Downtown 1 Bedroom Apartments | $1,542 | $1,050 | $1,975 |
| Downtown 2 Bedroom Apartments | $1,932 | $1,350 | $3,500 |
| Downtown 3 Bedroom Apartments | $1,919 | $1,100 | $2,995 |
| Downtown 4 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
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Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at 336 Hudson street listed at $900.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $800 at 71 chestnut street.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $1,525 at 287 State St.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at Willett Apartments and starts from $1,975.
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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.