
Luxury Apartments for Rent in the Downtown Neighborhood of Albany, NY (19 Rentals)
The most luxurious Apartments in the Downtown area of Albany with high-end amenities, features, and finishes.


Abraxas at 90 State

The Kenmore

The Rise: Downtown

5 Madison Pl

Total Monthly Price
206 Lancaster St, Unit 2
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Total Monthly Price
90 Madison Ave, Unit SI ID1501071P

Total Monthly Price
88 Madison Ave, Unit SI FL2-ID1501083P

Total Monthly Price
90 Madison Ave, Unit SI FL2-ID1501077P

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

Total Monthly Price
84 Madison Ave, Unit SI FL1-ID1501086P

Total Monthly Price
84 Madison Ave, Unit SI FL2-ID1501084P
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Total Monthly Price
88 Madison Ave, Unit SI FL1-ID1501078P

148 S Swan St, Unit 1

153 Myrtle Ave

90 Madison Ave

86 Madison Ave

Park Place at 60 State
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.

760 Broadway
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 | $1,489 | $900 | $1,945 |
| Downtown 1 Bedroom Apartments | $1,599 | $1,100 | $2,665 |
| Downtown 2 Bedroom Apartments | $2,078 | $1,100 | $5,124 |
| Downtown 3 Bedroom Apartments | $1,969 | $1,390 | $2,750 |
| Downtown 4 Bedroom Apartments | $3,437 | $1,100 | $7,721 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Albany, NY.
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Downtown, 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.
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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, NY
Ranked #11
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown
How much are Studio apartments in Downtown?
There are currently 197 Studio Apartments in Downtown with rent ranges from $900 to $1,945 with an average price of $1,489.
What is the current price range for One Bedroom Downtown Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown ranges from $1,100 to $2,665 with an average monthly rent of $1,599.
What does renting a Two Bedroom Apartment in Downtown cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $1,100 to $5,124. Today's average rental price for Two Bedrooms here is $2,078.
How expensive are Downtown Three Bedroom Apartments?
There are currently 37 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,390 to $2,750 - averaging $1,969 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.