Cheap Apartments for Rent in the Mansion Area Albany, NY from $500 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mansion Area area of Albany.

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.

property at 390 Clinton Ave

390 Clinton Ave

AlbanyNY12206

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.

property at 11 Myrtle Ave

11 Myrtle Ave

AlbanyNY12202
property at 578 Madison Ave

578 Madison Ave

AlbanyNY12208
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PM 63 2nd Ave.
1 Bedroom Apartments

PM 63 2nd Ave.

63 2nd AveAlbany, NY 12202
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210

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.

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142 Morton Ave
Studio to 1 Bedroom Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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338 Hudson street
Studio to 2 Bedroom Apartments

338 Hudson street

338 Hudson AveAlbany, NY 12210
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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210

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.

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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
  • Utilities Included
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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210

Mansion Area, Albany, NY Local Guide

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 ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
Capitol GreenStudioStudio,1BA$875
336 Hudson streetStudio, 1 BathroomStudio,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,000
256 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
Downtown Student Housing2 Bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1 Ten Broeck St, Unit Lower Level1 Ten Broeck St3BR,2BA$1.11
287 State StUnit 3F2BR,1BA$1.16
589 Washington Ave, Unit 1589 Washington Ave4BR,1BA$1.37
Downtown Student Housing3 Bedroom3BR,2BA$1.33
17 Bleecker Pl, Unit 2nd FL17 Bleecker Pl2BR,1BA$1.17
271 Hudson Ave, Unit Garden Floor271 Hudson Ave1BR,1BA$1.25
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.29
412 Broadway33/341BR,1.5BA$1.31
Reserve At Park South1BR/1.0BA1BR,1BA$1.42
239 Elm St, Unit 239 #2239 Elm St1BR,1BA$1.38

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mansion Area, Albany, NY

Ranked #34

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.