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Studio Apartments for Rent in Albany, NY

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  • /23

    Starting at $1,624 Per Month

    • Studio - 2 Beds

    745 Broadway, Albany, NY 12207

    Industrie is a newly constructed five-story building in historic downtown Albany. By combining an emission-free building with environmentally friendly amenities in a dynamic downtown location, Industrie joins high tech with the high life to create a singular apartment home experience for those who prize conservation, craftsmanship and connection.

    Industrie Apartments

    (518) 818-6733

    745 Broadway, Albany, NY 12207
  • /70

    Starting at $1,495 Per Month

    • Studio

    1395 Washington Ave, Albany, NY 12206

    Discover the thoughtfully designed and versatile floor plans at The Hudson thirteen ninety-five, tailored to elevate your living experience in Albany. With affordable studios in a coveted location across from the University of Albany, we know you'll love living here.

    1395 Hudson

    (518) 707-1094

    1395 Washington Ave, Albany, NY 12206
  • /26

    Starting at $1,495 Per Month

    • Studio - 2 Beds

    90 State St, Albany, NY 12207

    Tour and apply within 48 hours to receive up to $1,000 OFF Move-In Costs and 6 Months Free Parking on select apartment homes!Live in the heart of Downtown Albany at Abraxas at 90 State- featuring modern finishes, historic architecture, covered parking options, onsite retail, and exciting new amenities opening soon!Limited availability. Restrictions apply.

    Abraxas at 90 State

    (518) 818-6612

    90 State St, Albany, NY 12207
  • /51

    Starting at $2,101 Per Month

    • Studio - 3 Beds

    1 Broadway, Menands, NY 12204

    Luxury Gated Community Just Minutes from Albany's Warehouse District Gorgeous hardwood floors greet you upon entering our apartments as 16 foot vaulted ceilings capture light from large industrial windows paying homage to the once Albany Felt Factory. With an onsite fitness center, outdoor pool, and game room , unwinding after work is a breeze. In the case you

    Albany Lofts at One Broadway

    (518) 818-6539

    1 Broadway, Menands, NY 12204
  • /20

    Starting at $1,920 Per Month

    • Studio - 2 Beds

    33 New Scotland Ave, Albany, NY 12208

    Welcome to Park South Apartments, where modern elegance meets historic charm. Choose from a variety of apartment styles, including traditional style Brownstones and luxurious high-rise buildings, offering custom-designed studios, one, and two-bedroom residences ranging from 593 to 1,342 square feet. With features like granite countertops in the Brownstones and quartz countertops in the High

    Park South

    (518) 818-6826

    33 New Scotland Ave, Albany, NY 12208
  • /33

    Starting at $1,125 Per Month

    • Studio

    1383 Washington Ave, Albany, NY 12206

    Live in a newly renovated studio apartment for $1095 - with ALL UTILITIES included - and WALK TO CLASS!! Located across the street from the University at Albany main campus in Albany, New York, Luna Studios is equal parts convenient and comfortable. Newly renovated suites, game room, gym, study lounge and on-site laundry - all in the heart of Albany's Capital Region.Residents can live at

    Luna Studios

    (518) 707-1286

    1383 Washington Ave, Albany, NY 12206
  • /43

    Starting at $1,700 Per Month

    • Studio - 2 Beds

    563 New Scotland Ave, Albany, NY 12208

    Live in the brand new, luxury apartments at The Rise | Midtown Square, conveniently located in the heart of Albany's Midtown. Enjoy living in thoughtfully designed layouts with luxury features including quartz countertops, elegant modern bathrooms, 9-foot ceilings, wood-inspired flooring, spacious walk-in California Closets, and so much more.

    The Rise Midtown Square

    (518) 900-1458

    563 New Scotland Ave, Albany, NY 12208
  • /10

    Starting at $895 Per Month

    • Studio - 2 Beds

    1379 Washington Ave, Albany, NY 12206

    Discover the perfect blend of comfort and convenience at Astro Apartments, located just moments from UAlbany! Our fully furnished apartments feature spacious layouts, contemporary finishes, and large windows that flood each space with natural light. Enjoy the ease of all utilities included, along with on-site amenities like laundry facilities and secure access for peace of mind. With easy access

    Astro Apartments

    (518) 941-8791

    1379 Washington Ave, Albany, NY 12206
  • /42

    Starting at $1,250 Per Month

    • Studio - 2 Beds

    20 Park St, Albany, NY 12207

    Located in the heart of downtown Albany, the 20 Park Residences is a new development residential project currently showing by appointment only. Once an office building, 20 Park st now houses 73 luxury apartments, each with its own personality. Every apartment has been designed with an eye towards sustainability, a dedication to quality, and an innovative approach to building materials.

    20 Park Residences

    (518) 767-7703

    20 Park St, Albany, NY 12207
  • /16

    Starting at $1,150 Per Month

    • Studio

    287 State St, Albany, NY 12210

    Center Square Living – 1 Bedroom + Studio Available | Steps to NYS Capitol | Available NowDiscover two unique rental opportunities in the heart of Albany’s highly sought-after Center Square neighborhood. Located just steps from the New York State Capitol, Legislative Office Building, and Alfred E. Smith Building, these apartments offer convenience, charm, and access to the best of

    (518) 888-7161

    287 State St, Albany, NY 12210
  • /14

    Starting at $1,470 Per Month

    • Studio - 2 Beds

    9 Circle Ln, Albany, NY 12203

    Discover the perfect home at Stonehenge Gardens Apartments in Albany, NY. Nestled in a serene residential area across from the beautiful Buckingham Pond, our community offers studios and one to two-bedroom apartments with charming brick buildings and beautifully landscaped grounds. Enjoy the convenience of heat, hot water, and cooking gas included in your rent. We provide private entrances upon

    Stonehenge

    (838) 333-3118

    9 Circle Ln, Albany, NY 12203
  • /28

    Starting at $1,175 Per Month

    • Studio - 3 Beds

    88 Willett St, Albany, NY 12210

    Everyday urban living is far from ordinary at Willett Apartments on the eastern block of Washington Park, Albany's premier municipal green. Offering what seems like endless parkland views, our completely updated five-story apartment-home community retains its circa-1920s charm while offering the latest in modern lifestyle amenities. Less than one mile from the Empire State Plaza Complex and the

    Willett Apartments

    (518) 501-0812

    88 Willett St, Albany, NY 12210
  • /9

    Starting at $1,345 Per Month

    • Studio - 2 Beds

    12 California Ave, Albany, NY 12205

    Welcome to Towne Towers Apartments, where convenience meets comfort. Our thoughtfully designed studios and one- to two-bedroom apartments offer a hassle-free living experience with heat and hot water included. Enjoy the convenience of an intercom entryway, air conditioning, on-site laundry centers, and a state-of-the-art fitness center. Located just outside Albany, New York, our community

    Towne Towers

    (518) 203-1833

    12 California Ave, Albany, NY 12205
  • /13

    Starting at $1,600 Per Month

    • Studio - 2 Beds

    48 N Pearl St, Albany, NY 12207

    Welcome Home to The Rise: Downtown! A newly built apartment community located in the vibrant heart of downtown Albany, NY. Designed for contemporary urban living, this residence blends modern finishes with thoughtful layouts just steps from popular dining, shopping, entertainment, and transit options. Studio, one-, and two-bedroom apartments feature upscale interior touches, including quartz

    The Rise: Downtown

    (518) 396-5712

    48 N Pearl St, Albany, NY 12207
  • /15

    Starting at $948

    Total Monthly Price

    • Studio - 1 Bed

    10 Brevator St, Albany, NY 12203

    Welcome to Campus View Apartments - an affordable community located in Albany, NY.APARTMENT FEATURES:- Studio and one bedroom apartment homes available- All utilities included: Cable, High Speed Internet, Heat, Hot Water, Gas and Electric- Hardwood floors throughout- New windows- Pet-friendly community (additional fees apply)COMMUNITY AMENITIES:- Plenty of

    Campus View Apartments

    (518) 818-6637

    10 Brevator St, Albany, NY 12203
  • /20

    Starting at $1,050 Per Month

    • Studio - 2 Beds

    11 S Lake Ave, Albany, NY 12203

    Welcome Home to 11 South Lake Ave!

    11 South Lake Ave

    (518) 767-7602

    11 S Lake Ave, Albany, NY 12203
  • /9

    $1,050

    Total Monthly Price

    • Studio
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    64 Central Ave Unit First Floor Studio, Albany, NY 12206

    Large Studio Apartment on Central Ave in Albany NY. Close to bus line, Washington Park, shopping and more. Large Kitchen, open Living Area and Bathroom with small back yard.Please call or email for more information and appointment.

    64 Central Ave Unit First Floor Studio, Albany, NY 12206
  • /23

    $2,300 Per Month

    • Studio
    • 1 Bath
    • 3,300 Sq Ft
    • House for Rent

    467 Delaware Ave, Albany, NY 12209

    commercial single Unit FOR LEASE: Flexible Retail/Office Space in Prime Delaware Ave Location (MU-NC Zone) FOR LEASE: Flexible Retail/Office Space Address: 467 Delaware Avenue, Albany, NY 12209 Unlock the Potential of This High-Visibility Space! Seize the opportunity to establish or expand

    467 Delaware Ave, Albany, NY 12209
  • /23

    $2,300 Per Month

    • Studio
    • 1 Bath
    • 3,300 Sq Ft
    • Condo for Rent

    467 Delaware Ave Unit Commercial Right, Albany, NY 12209

    FOR LEASE: Flexible Retail/Office Space in Prime Delaware Ave Location (MU-NC Zone) FOR LEASE: Flexible Retail/Office Space Address: 467 Delaware Avenue, Albany, NY 12209 Unlock the Potential of This High-Visibility Space! Seize the opportunity to establish or expand your business in a vibrant Mixed-Use Neighborhood Center (MU-NC) zone

    467 Delaware Ave Unit Commercial Right, Albany, NY 12209

Why Live in Albany

Albany's cultural scene centers around the iconic Empire State Plaza, where visitors can take in panoramic views from the Corning Tower Observation Deck and attend performances at The Egg's distinctive venue. The New York State Museum showcases the state's rich history through extensive exhibits, while the historic Palace Theatre hosts year-round concerts and shows. Outdoor enthusiasts can explore the unique ecosystem at Albany Pine Bush Preserve or bike along the Albany County Helderberg-Hudson Rail Trail. The restaurant scene features upscale dining at Yono's, known for Indonesian-American fusion and 677 Prime's premium steakhouse experience. The housing market includes diverse options across several neighborhoods. Pine Hills features single-family homes with a median price of $250,000, while Loudonville's single family homes command a median price of $455,000. The median price for single-family homes in Delaware Avenue is $245,000, and Buckingham Lake-Crestwood homes have a median price of $348,000. One-bedroom condos in Albany have a median price of $153,000, while two-bedroom condos have a median price of $205,000. Education options include highly rated public schools like Bethlehem Central Middle School and private institutions such as The Doane Stuart School, rated A+ by Niche. The city's location provides easy access to major northeastern cities, with New York City 2.5 hours away and Boston reachable in 3 hours.

Frequently Asked Questions

How much does it cost to rent a home in Albany, NY?
The median rent for a home in Albany, NY is $1,757 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Albany, NY?
To comfortably afford the median rent in Albany, NY, a household needs to earn roughly $70,280 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,757 per month in Albany, NY, renters typically need to show $5,271 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Albany, NY?
In Albany, NY, the price-to-rent ratio is 14.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Albany, NY

Rental Home Trends

Number of Homes for Rent
19
Median Rent
$1,757
Median Single Family Home Rent
$2,000
Median Townhouse Rent
$1,700
Median Condo Rent
$1,550
How to Rent a Home