Cheap Homes for Rent in the Mansion Area Albany, NY from $700 (21 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 96 Grand St

$1,200 - $1,300

1 To 2 Bedroom Rentals

Available Now

96 Grand St

AlbanyNY12202
property at 188 Spring St

$1,300 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,600
Total Monthly Price
$1,300 - $1,600

1 To 2 Bedroom Homes for Rent

Available Now

188 Spring St

AlbanyNY12203

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.

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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.

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Showing Results 1-21, Page 1 of 1

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 449 State St priced from $895. 256 state street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Mansion Area apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
449 State St0 Beds, 1 BathsStudio,1BA$895
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
287 State St280/1Studio,1BA$1,025
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050

Best Value Apartments for Rent in Mansion Area, NY

As of July 12, 2026 the best value apartment in the Mansion Area area is the $0.17 price per square foot 2nd Floor Model at 370-372 Morris St in the in the Whitehall neighborhood starting from $1,725. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
370-372 Morris St2nd Floor3BR,1BA$0.17
268 Western Ave, Unit 1268 Western Ave4BR,1BA$0.96
238 Quail St, Unit 1238 Quail St5BR,2.5BA$1.20
475 Hamilton St, Unit 2475 Hamilton St4BR,1BA$1.10
178 Western Ave, Unit 2178 Western Ave3BR,1BA$0.43
459 Jay St, Unit 1459 Jay St2BR,1BA$0.96
385 Orange St385 Orange St4BR,1BA$1.11
211 Ontario St, Unit 1211 Ontario St4BR,1BA$0.48
246 Delaware Ave, Unit 1 East246 Delaware Ave2BR,1BA$0.99
713 State St, Unit BASEMENT UNIT713 State St1BR,1BA$1.31

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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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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Quick Rent Budget Calculator

How much rent can you afford?

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.

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Pet Friendly Lifestyle
Mansion Area, Albany, NY

Ranked #11

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Mansion Area, Albany, NY

School data provided by Great Schools

Frequently Asked Questions about Mansion Area

What type of rentals are currently available in Mansion Area?

There are currently 801 Apartments for Rent in Mansion Area, NY with pricing that ranges from $575 to $12,078. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mansion Area ranging from $700 to $5,500.

What is the current price range for Rental Homes in Mansion Area?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mansion Area ranges from $700 to $5,500 with an average monthly rent of $2,176.

How much are larger Three and Four Bedroom Rentals in Mansion Area?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mansion Area range from $650 to $4,024, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,400. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $575.

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

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY article

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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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.

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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.

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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.