Rentometer, Inc. | Data as of 12/16/2025
Albany County’s rental market offers a diverse mix of apartments and single‑family homes, appealing to professionals, students, and families alike. Apartment options range from affordable studio units in the $1200‑$1300s to spacious four‑plus bedroom layouts that sit comfortably in the $2000 range. One‑bedroom apartments typically fall in the $1500 range, while two‑ and three‑bedroom units are commonly found in the $1800‑$2000 bracket, providing ample flexibility for varying space needs. For renters preferring a house, studio‑style homes start in the $2300‑$2800 range, and one‑bedroom homes align with the $1200s. Larger homes with three or more bedrooms are positioned around the $2100‑$2800 range, reflecting the county’s blend of historic charm and modern amenities.
Neighborhoods such as Capitol Hill, University Heights, and the vibrant Riverfront district showcase a combination of historic architecture and new development, making them popular choices for renters seeking proximity to the New York State Capitol, Empire State Plaza, and the Hudson River waterfront. The area's well‑connected transit options, including Amtrak and regional bus services, enhance accessibility to downtown Albany and the broader Capital Region. Whether you’re looking for a compact studio near campus, a family‑friendly house in a quiet suburb, or a spacious apartment with city views, Albany County provides a welcoming rental environment supported by a stable market and a rich array of local attractions.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,236 | $1,200 | $1,000 - $1,700 | $1,095 - $1,300 |
| Apartment | 1 Bedroom | $1,525 | $1,525 | $400 - $2,700 | $1,250 - $1,850 |
| Apartment | 2 Bedroom | $1,874 | $1,850 | $544 - $5,500 | $1,490 - $2,195 |
| Apartment | 3 Bedroom | $1,839 | $1,795 | $750 - $3,461 | $1,225 - $2,260 |
| Apartment | 4+ Bedroom | $2,021 | $1,950 | $1,049 - $4,000 | $1,300 - $2,500 |
| House | Studio | $3,350 | $2,300 | $2,000 - $5,750 | $2,000 - $5,750 |
| House | 1 Bedroom | $1,128 | $1,150 | $775 - $1,565 | $950 - $1,200 |
| House | 2 Bedroom | $1,694 | $1,675 | $675 - $2,900 | $1,400 - $1,950 |
| House | 3 Bedroom | $2,206 | $2,350 | $705 - $3,300 | $1,900 - $2,600 |
| House | 4+ Bedroom | $2,879 | $2,725 | $2,000 - $4,500 | $2,400 - $3,330 |
In the current period, the average rent in Albany was $1,501 for Studio, $1,511 for 1 Bedroom, $1,846 for 2 Bedroom, $2,060 for 3 Bedroom, and $2,345 for 4+ Bedroom.
Data provided by Rentometer, Inc.