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Cheap Apartments for Rent in the Mansion Area Albany, NY from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mansion Area area of Albany.
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$875 - $1,100Studio to 2 Bedroom Apartments Available Now
Capitol Green
400 Central AveAlbany, NY 12206
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51 Elm St
AlbanyNY12202
15 Myrtle Ave
AlbanyNY12202
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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.
91 Columbia St
AlbanyNY12210
132 Central Ave
AlbanyNY12206
238 Ontario St
AlbanyNY12203
31-33 N Pearl St
AlbanyNY12207
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$1,015 - $2,005Studio to 3 Bedroom Apartments Available Dec 1
Willett Apartments
88 Willett StAlbany, NY 12210
390 Clinton Ave
AlbanyNY12206
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$1,050 - $1,800Studio to 3 Bedroom Apartments Contact Us For Availability
361 State St
361 State StAlbany, NY 12210
159 Lark St
AlbanyNY12210
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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$1,0751 Bedroom Apartment Available Now
386 Madison Ave, Unit Garden Level
386 Madison AveAlbany, NY 12210
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59 Ontario St
AlbanyNY12206
11 Myrtle Ave
AlbanyNY12202
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$1,100 - $3,7002 to 6 Bedroom Apartments Available Now
Downtown Student Housing
491 Hamilton StAlbany, NY 12203
578 Madison Ave
AlbanyNY12208
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
5 Irving St
AlbanyNY12202
139 Madison Ave
AlbanyNY12202
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-42, Page 1 of 1
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 | $1,263 | $800 | $1,980 |
| Mansion Area 1 Bedroom Apartments | $1,482 | $650 | $2,215 |
| Mansion Area 2 Bedroom Apartments | $1,793 | $1,000 | $3,285 |
| Mansion Area 3 Bedroom Apartments | $1,735 | $1,215 | $2,900 |
| Mansion Area 4 Bedroom Apartments | $2,088 | $1,500 | $2,580 |
| Mansion Area 5 Bedroom Apartments | $2,675 | $1,850 | $3,150 |
Browse Apartments in this Neighborhood
There are currently 42 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
- Nearby Cities
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- Local Counties
- School Districts
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 |
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| 252 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Mansion Area, NY
As of November 24, 2025 the best value apartment in the Mansion Area area is the $1.04 price per square foot 24b Thacher St Model at 24b Thacher St, Unit 24B Thacher st in the in the Arbor Hill neighborhood starting from $2,900. The second greatest value Mansion Area apartment is the 268 Western Ave Model at 268 Western Ave, Unit 1 starting at $2,400 with a $0.96 price per square foot in the Whitehall 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. |
|---|---|---|---|
| 24b Thacher St, Unit 24B Thacher st | 24b Thacher St | 3BR,2BA | $1.04 |
| 268 Western Ave, Unit 1 | 268 Western Ave | 4BR,1BA | $0.96 |
| 238 Quail St, Unit 1 | 238 Quail St | 5BR,2.5BA | $1.20 |
| 1 Ten Broeck St, Unit Lower Level | 1 Ten Broeck St | 3BR,2BA | $1.05 |
| 182 Washington Ave, Unit Third floor mansion apt. | 182 Washington Ave | 3BR,1BA | $1.21 |
| 414 Broadway, Unit 201 | 414 Broadway | 1BR,1BA | $1.24 |
| 459 Jay St, Unit 1 | 459 Jay St | 2BR,1BA | $0.96 |
| 105 Manning Blvd, Unit 1 | 105 Manning Blvd | 2BR,1BA | $1.25 |
| 250 2nd St, Unit #1 | 250 2nd St | 2BR,1BA | $1.11 |
| 57 Washington Ave, Unit 2 | 57 Washington Ave | 1BR,1BA | $1.06 |
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.
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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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How much rent can you afford?
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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
Albany City School District
Public School - Grades PK-5 (404)
2 out of 10
William S Hackett Middle School
Albany City School District
Public School - Grades 6-8 (672)
4 out of 10
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 a cheap apartment in Mansion Area?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mansion Area is under $1,050.
What is the price of a cheap apartment in Mansion Area?
The cheapest apartment in Mansion Area is Capitol Green which is listed at $975, while the average apartment in Mansion Area costs $3,200.
What types of apartments are the cheapest in Mansion Area?
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 15 regular apartments in Mansion Area 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 Mansion Area?
Cheap apartments in Mansion Area have an average cost of $704 which is $2,496 cheaper than the average rent for all rentals in Mansion Area.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.