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Viewing 1-8 of 8 rentals in Albany
What to Know About
Life in Albany & Beyond
Albany shares many of the great qualities that make New York a desirable place to live.
New York state is known for its iconic skyscrapers, cultural diversity, and history. Visit notable museums, such as the Metropolitan Museum of Art, the American Museum of Natural History, and the Museum of Modern Art, to learn about the state's cultural heritage. New York is also home to prestigious universities like Columbia University, Cornell University, and New York University. The theater and art scene also thrive in New York, with world-renowned museums and performance centers in NYC like the Metropolitan Museum of Art, Lincoln Center, and Carnegie Hall.
From the breathtaking peaks of the Adirondack and Catskill Mountains to the scenic beauty of the Finger Lakes, outdoor enthusiasts will find plenty to explore. In terms of sports, New York is home to many professional teams like the New York Giants (NFL), Buffalo Bills (NFL), New York Rangers (NHL), New York Yankees (MLB), New York Mets (MLB), the New York Knicks (NBA), and Brooklyn Nets (NBA). In addition, embrace famous attractions like the Empire State Building, Statue of Liberty, Central Park, and Niagara Falls.
New York offers a high quality of life, a strong economy, and a rich cultural heritage, making it a great place to live.
Rental Market Trends
Albany, NY
As of August 2025, Albany's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Albany's average rent is 28.8% ($674) lower than the New York average of $2,343 and 6.8% ($121) lower than the U.S. average of $1,790.
Average Rent
$1,669
Monthly ChangeMonth Over Month Change
0.4% ($7)
Yearly ChangeYear Over Year Change
3.7% ($59)
Avg. Days on MarketAverage Days on Market
31
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,630 | 3.6% ($56) | 9.3% ($139) |
| 2 Beds | $1,942 | 7.7% ($139) | 13.7% ($234) |
| 3 Beds | $2,325 | 7.1% ($154) | 7.7% ($166) |
| Nearby Cities | Average Rent | Avg. Rent vs. AlbanyAverage Rent vs. Albany | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Rensselaer | $2,018 | 20.9% ($349) | 44 days |
| Glenmont | $2,694 | 61.4% ($1025) | 31 days |
| Watervliet | $1,556 | 6.8% ($113) | 36 days |
| Delmar | $1,945 | 16.5% ($276) | 36 days |
| Latham | $1,742 | 4.4% ($73) | 31 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Albany Rental Market FAQs
Explore rental prices, market trends, and availability in Albany, NY.
The average rent in Albany, NY is $1,669 per month.
Houses in Albany typically rent for between $1,141 and $3,023 per month, with an average of $1,669 per month.
In Albany, the average rent for a 1-bedroom house is $1,630 per month, for a 2-bedroom house, $1,942 per month, and a 3-bedroom house is $2,325 per month.
The average rent in Albany is 6.8% ($121) lower than the national average of $1,790 per month.
The average rent in Albany has increased by 0.4% ($7) in the last month and increased by 3.7% ($59) over the past year.
The rental market in Albany, NY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Albany, NY, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 132 rental properties available in Albany, NY.
Based on the current averages, a household would need an annual income of $77,680 to comfortably afford a 2-bedroom house in Albany.
