Cheap Homes for Rent in the New Scotland Neighborhood of Albany, NY from $800 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the New Scotland 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.

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.

New Scotland, Albany, NY Local Guide

Best Value Apartments for Rent in New Scotland, NY

As of July 15, 2026 the best value apartment in the New Scotland area is the $1.75 price per square foot Sia Model at The Eleftheria in the in the Whitehall neighborhood starting from $2,000. The second greatest value New Scotland apartment is the Floor 2 Model at 187 S Allen St starting at $1,800 with a $1.64 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for New Scotland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The EleftheriaSia2BR,2BA$1.75
187 S Allen StFloor 22BR,1BA$1.64
30 S Main Ave, Unit 3L30 S Main Ave3BR,2BA$1.64
36 S Main Ave36 S Main Ave3BR,1BA$1.43
The Rise: Pine Hills1 Bedroom A1BR,1BA$2.03
100 Ryckman Ave2 Beds, 2 Baths2BR,2BA$1.55
The Rise Midtown Square1 BR D1BR,1BA$2.64
Park Row and New Scotland Gardens ApartmentsPark Row 1 Bedroom1BR,1BA$2.63

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
New Scotland, Albany, NY

Ranked #29

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about New Scotland

What type of rentals are currently available in New Scotland?

There are currently 72 Apartments for Rent in New Scotland, NY with pricing that ranges from $700 to $4,780. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Scotland ranging from $850 to $3,025.

What is the current price range for Rental Homes in New Scotland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Scotland ranges from $850 to $3,025 with an average monthly rent of $1,775.

How much are larger Three and Four Bedroom Rentals in New Scotland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Scotland range from $1,395 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $1,950. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,000.

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

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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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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.