Cheap Apartments for Rent in the Mansion Area Albany, NY from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mansion Area area of Albany.

Capitol Green

150 Lark St, Unit 1 rear 1st floor

357 Washington Ave
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.

31-33 N Pearl St

325 Hudson Ave, Unit Basement Studio

Willett Apartments

390 Clinton Ave

156 Jay St

361 State St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

@HudsonPark

Downtown Student Housing

11 Myrtle Ave

5 Irving St

578 Madison Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Mansion Area, Albany, NY Local Guide

How much does it cost to rent an apartment in Mansion Area?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mansion Area Studio Apartments | $1,205 | $875 | $1,905 |
Mansion Area 1 Bedroom Apartments | $1,495 | $600 | $2,200 |
Mansion Area 2 Bedroom Apartments | $1,880 | $1,000 | $3,285 |
Mansion Area 3 Bedroom Apartments | $1,723 | $650 | $2,500 |
Mansion Area 4 Bedroom Apartments | $1,978 | $1,650 | $2,280 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Mansion Area Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Mansion Area, Albany, NY Local Guide
- Nearby Albany neighborhoods
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Cheapest Available Mansion Area Apartments for Rent
 The cheapest available apartment rental in the Mansion Area area of Albany, NY is a Studio unit found at 142 Morton Ave priced from $850. Capitol Green has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Mansion Area apartments for rent in Albany, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $850 |
Capitol Green | Studio | Studio,1BA | $875 |
336 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,000 |
256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
Downtown Student Housing | 2 Bedroom | 2BR,2BA | $1,100 |
Best Value Apartments for Rent in Mansion Area, NY
As of October 09, 2025 the best value apartment in the Mansion Area area is the $1.11 price per square foot 1 Ten Broeck St Model at 1 Ten Broeck St, Unit Lower Level in the in the Arbor Hill neighborhood starting from $1,995. The second greatest value Mansion Area apartment is the Unit 3F Model at 287 State St starting at $1,735 with a $1.16 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Mansion Area apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1 Ten Broeck St, Unit Lower Level | 1 Ten Broeck St | 3BR,2BA | $1.11 |
287 State St | Unit 3F | 2BR,1BA | $1.16 |
589 Washington Ave, Unit 1 | 589 Washington Ave | 4BR,1BA | $1.37 |
Downtown Student Housing | 3 Bedroom | 3BR,2BA | $1.33 |
17 Bleecker Pl, Unit 2nd FL | 17 Bleecker Pl | 2BR,1BA | $1.17 |
271 Hudson Ave, Unit Garden Floor | 271 Hudson Ave | 1BR,1BA | $1.25 |
Hinckel Brewery Development LLC | 1BR/1.0BA | 1BR,1BA | $1.29 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
Reserve At Park South | 1BR/1.0BA | 1BR,1BA | $1.42 |
239 Elm St, Unit 239 #2 | 239 Elm St | 1BR,1BA | $1.38 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMansion Area, Albany, NY
Ranked #34
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Mansion Area, Albany, NY
Giffen Memorial Elementary School
William S Hackett Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New York including Mansion Area, Albany, and the greater Albany area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.
Getting Around the Mansion Area Neighborhood in Albany, NY
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
70 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Mansion Area Apartments
What is the Cheapest Studio apartment in Mansion Area?
Currently the most affordable Cheap Studio Apartment in Mansion Area is at 142 Morton Ave listed at $850.
How much is rent for a Cheap One Bedroom Mansion Area Apartment?
The lowest price for a Cheap One Bedroom Mansion Area Apartment is $975 at Capitol Green.
What is the lowest price for a Cheap Two Bedroom Mansion Area Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mansion Area is starting from $1,100 at Capitol Green.
What is the most affordable Mansion Area Three Bedroom Apartment?
The best deal on a cheap Mansion Area Three Bedroom Apartment rental is at Tivoli Park Apartments and starts from $1,560.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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 to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.