Apartments in Albany, NY rent for $1,218 per month, on average.
Studio Apartments for Rent in Albany, NY
Rental prices in Albany, NY have increased by 1.88% over the past year. The average rent moved from $1,196 to $1,218.
The average monthly rent in Albany, NY is around $1,218, while the national average rent is $1,741.
Apartments in Albany, NY rent for $1,218 per month, on average.
10% of apartments in Albany, NY are priced ≤ $1000. About 84% charge rents in the $1,001-$1,500 range. Approximately 7% of Albany’s apartment rentals are priced between $1,501-$2,000.
The largest share of rentals in Albany, NY (84%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 66 studio rentals available on RentCafe. Prices and availability in Albany, NY were last updated on 20 Feb 2026.
The average Albany, NY studio apartment size is 197 sq. ft.
Studio apartments in Albany, NY tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.