Good Value
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Apartments for Rent in Downtown Albany Historic District
88 Rentals
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Price Drop. $152 Off
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Price Drop. $178 Off1 BED$1,295+2 BEDS$2,195+The Kennedy
43 Columbia St, Albany, NY 12207 -
Good Value1 BED$1,295+2 BEDS$1,595+The Apartments at 66 State
66 State St, Albany, NY 12207 -
Looking For Cheaper Options?Explore the Best Affordable Neighborhoods in Albany
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Price Drop. $228 Off1 BED$1,550+2 BEDS$1,695+
39 Columbia Street
39 Columbia St, Albany, NY 12207 -
Price Drop. $165 Off1 BED$1,150+2 BEDS$1,995+
44 James
61 N Pearl St, Albany, NY 12207 -
1 BED$1,495
412 Broadway
412 Broadway, Albany, NY 12207 -
1 BEDCall for Rent
82 N Pearl
82 N Pearl St, Albany, NY 12207 -
1 BED, 1 BATH$1,575111 Pine St Unit 3E
111 Pine St, Albany, NY 12207 -
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2 BEDS, 1 BATH$1,500173 Madison Ave Unit Basement
173 Madison Ave, Albany, NY 12202 -
1 BED, 1 BATH$1,20051 Elm St Unit 2
51 Elm St, Albany, NY 12202 -
1 BED, 1 BATH$1,200
51 Elm St Unit 3
51 Elm St, Albany, NY 12202 -
1 BED, 1 BATH$1,200
51 Elm St Unit 1
51 Elm St, Albany, NY 12202 -
1 BED, 1 BATH$1,200
51 Elm St Unit 4
51 Elm St, Albany, NY 12202 -
2 BEDS, 1 BATH$1,375
51 Elm St Unit 9
51 Elm St, Albany, NY 12202 -
2 BEDS, 1 BATH$1,375
51 Elm St Unit 8
51 Elm St, Albany, NY 12202 -
2 BEDS, 1 BATH$1,525
25 Elk St
25 Elk St, Albany, NY 12207 -
1 BED, 1 BATH$1,375
4-6 Sheridan Ave
4-6 Sheridan Ave, Albany, NY 12207 -
2 BEDS, 1 BATH$1,200139 Madison Ave Unit 139 Madison Ave- 3
139 Madison Ave, Albany, NY 12202 -
Rent SpecialSTUDIO$1,550+1 BED$1,700+Maiden House
27 N Pearl St, Albany, NY 12207 -
STUDIO$1,550+1 BED$1,675+2 BEDS$2,200+
The Arcade Building
488 Broadway, Albany, NY 12207 -
2 BEDS, 1 BATH$1,200
137 Madison Ave Unit 137 Madison Ave 2
137 Madison Ave, Albany, NY 12202 -
2 BEDS, 1 BATH$1,500
40 Sheridan Ave Unit 3
40 Sheridan Ave, Albany, NY 12207 -
1 BED$1,450
99 Pine Street
99 Pine St, Albany, NY 12207
Albany at a Glance
Downtown Neighborhood
Downtown Albany is in the 12207 zip code of the city. This is the city’s oldest neighborhood and the central location for many government buildings. State Street once served as the city’s Main Street until commerce outgrew the tightly packed area. The city is now looking to expand permanent residential housing into the neighborhood.
The busy streets of Downtown Albany twist and overlap until the neighborhood is contained by Orange Street to the north. The bank of the Hudson River, lazy and melodic in the summer and harsher in winter, is the eastern border. Madison Avenue draws the southern boundary of the old district, as Eagle Street acts as the western front.
To the north of the stoic state buildings is the Capitol Repertory Theater, an art center known for springtime flights of fancy and fun. To the east, between the city and the river, is the Mohawk-Hudson hike/bike trail for outdoor enthusiasts. To the south of the neighborhood is the arena known as the Times Union Center, home of the Siena men’s basketball team and Albany River Rats hockey.
The Downtown neighborhood officially has very few apartments, as office buildings are the dominant structures. Closer to the capital, on the outskirts of the neighborhood, housing is available. The rent in the capital district is reasonably priced and affordable studio apartments, sublets and room shares are available.
The neighborhood was designed to accommodate a large amount of pedestrian traffic at once, offering large leisurely sidewalks to the traveler during the off-peak hours. Public transportation is handled regionally by the Capitol Transit Authority, operating scheduled bus routes.
Top Budget-Friendly Neighborhoods in Albany
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- West Hill 649 Sq Ft $1,155/mo
- Beverwyck 684 Sq Ft $1,231/mo
- Mansion Area 771 Sq Ft $1,246/mo
- Pine Hills 961 Sq Ft $1,284/mo
- Capitol Hill 752 Sq Ft $1,363/mo
- Center Square 798 Sq Ft $1,378/mo
- Normanskill/Kenwood 821 Sq Ft $1,408/mo
- Sheridan Hollow 759 Sq Ft $1,452/mo
- Central Avenue 844 Sq Ft $1,460/mo
- Washington Park 743 Sq Ft $1,478/mo
Discover the cheapest neighborhoods in Albany
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Albany $1,598/mo
- Colonie $1,785/mo
- Slingerlands $1,405/mo
- Menands $1,521/mo
- Rensselaer $1,835/mo
- Latham $1,756/mo
- Delmar $2,442/mo
- Guilderland $1,530/mo
- Watervliet $1,463/mo
- East Greenbush $1,830/mo
Getting Around Albany
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Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.