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Studio Apartments for Rent in Albany, NY

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  • /26

    Starting at $1,525 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

    90 State St, Albany, NY 12207
  • /23

    Starting at $1,599 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

    745 Broadway, Albany, NY 12207
  • /70

    Starting at $1,295 Per Month

    • Studio - 3 Beds

    21 Erie Blvd, Albany, NY 12204

    Redefining home, Slip 12 is an exciting and unique place to live, shop, dine and sweat. Slip 12 is Located in Albany's historic Warehouse District just minutes from the heart of Downtown and features 274 industrial cool apartments, a brewery, a wellness gym, a coffee shop/wine bar and of course, a furniture store. Amenities are plentiful with a game lounge, beach volley ball court, swimming pool,

    Slip 12

    21 Erie Blvd, Albany, NY 12204
  • /51

    Starting at $1,999 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

    1 Broadway, Menands, NY 12204
  • /20

    Starting at $1,950 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

    33 New Scotland Ave, Albany, NY 12208
  • /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

    563 New Scotland Ave, Albany, NY 12208
  • /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

    20 Park St, Albany, NY 12207
  • /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

    1383 Washington Ave, Albany, NY 12206
  • /38

    Starting at $1,180 Per Month

    • Studio - 3 Beds

    66 State St, Albany, NY 12207

    We are excited to introduce our newly renovated historic apartments. Located in the heart of the city, this apartment has been tastefully updated while still maintaining its original charm and character. From the moment you step inside, you will be struck by the apartment's high ceilings, beautiful finishes, and large windows that fill the space with natural light.66 State offers spacious

    The Apartments at 66 State

    66 State St, Albany, NY 12207
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    Starting at $1,200 Per Month

    • Studio - 2 Beds

    441 State St, Albany, NY 12203

    J&J Investment Properties LLC is pleased to market 441 State Street, which is a 7-unit botique rental building in downtown Albany, NY that was gut renovated in 2026! The building features apartments with stylish brand new kitchens, bathrooms, and flooring throughout in an unbeatbale "A+" location next to Washington Park. You can search us on the web (J&J Investment Properties LLC) to visit our

    441 State St, Albany, NY 12203
  • /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

    48 N Pearl St, Albany, NY 12207
  • /9

    Starting at $1,370 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

    12 California Ave, Albany, NY 12205
  • /14

    Starting at $1,500 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

    9 Circle Ln, Albany, NY 12203
  • /20

    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

    1395 Washington Ave, Albany, NY 12206
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    Starting at $1,048

    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

    10 Brevator St, Albany, NY 12203
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    $1,300 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    89 Columbia St Unit 3, Albany, NY 12210

    Property Id: 2514490 Spacious renovated studio in a historic Downtown Albany brownstone, with oversized windows, an open kitchen layout, and heat and hot water included plus complimentary building WiFi — predictable monthly costs, no surprise utility bills. This isn’t a cramped studio. The open floor plan and tall windows give the space room to breathe, with enough square footage to

    89 Columbia St Unit 3, Albany, NY 12210
  • /2

    $1,200 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    98 Chestnut St Unit 1F, Albany, NY 12210

    Property Id: 2231832 Large Studio Apartment available for immediate move in!!!! J&J Investment Properties is pleased to offer this large studio apartment that has an uniqueness all its own. Stainless steel appliances, dishwasher, LVT Flooring, recessed lighting, newly remodeled bathroom and a large walk in closet. You have plenty of natural light coming in with the large bay style

    98 Chestnut St Unit 1F, Albany, NY 12210
  • /11

    $1,300 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    89 Columbia St Unit 3, Albany, NY 12210

    Property Id: 2514490 Spacious renovated studio in a historic Downtown Albany brownstone, with oversized windows, an open kitchen layout, and heat and hot water included plus complimentary building WiFi — predictable monthly costs, no surprise utility bills. This isn’t a cramped studio. The open floor plan and tall windows give the space room to breathe, with enough square footage to

    89 Columbia St Unit 3, Albany, NY 12210
  • /2

    $1,200 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    98 Chestnut St Unit 1F, Albany, NY 12210

    Property Id: 2231832 Large Studio Apartment available for immediate move in!!!! J&J Investment Properties is pleased to offer this large studio apartment that has an uniqueness all its own. Stainless steel appliances, dishwasher, LVT Flooring, recessed lighting, newly remodeled bathroom and a large walk in closet. You have plenty of natural light coming in with the large bay style

    98 Chestnut St Unit 1F, Albany, NY 12210
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    $1,195 Per Month

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

    225 S Allen St, Albany, NY 12208

    3 unit multi-family home, located in Pine Hills area. Blocks from New Scotland Ave, walking distance to medical facilities. Minutes from colleges and all conveniences- restaurants, delis, shopping, post office, entertainment, night life.AVAILABLE: 9/1/2026UNIT: 225 S Allen Street, Apt 2L (Spacious Studio)UTILITIES: Heat & Hot Water IncludedPARKING: Off-Street

    225 S Allen St, Albany, NY 12208

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 $1,737 per month, though prices vary by neighborhood, size, and property type. As of August 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 $69,480 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 $1,737 per month in Albany, NY, renters typically need to show $5,211 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 15.5, 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.
What neighborhoods in Albany, NY are best for renting a home?
The best neighborhood for renting in Albany, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Albany, Downtown Troy and Downtown Schenectady, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
20
Median Rent
$1,737
Median Single Family Home Rent
$1,950
Median Townhouse Rent
$1,875
Median Condo Rent
$1,600
How to Rent a Home