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Apartments for Rent in Downtown Albany Historic District

193 Rentals
  1. Building Photo - 90 Madison Ave
    5 BEDS, 4 BATHS
    $11,823
    Total Monthly Price Total Monthly Price New
    Base Rent$11,823
    Required Monthly FeesNone
    Total Monthly Price$11,823

    90 Madison Ave Unit SI ID1501071P

    90 Madison Ave, Albany, NY 12202
  2. Building Photo - 88 Madison Ave
    2 BEDS, 1 BATH
    $4,674
    Total Monthly Price Total Monthly Price New
    Base Rent$4,674
    Required Monthly FeesNone
    Total Monthly Price$4,674

    88 Madison Ave Unit SI FL1-ID1501078P

    88 Madison Ave, Albany, NY 12202
  3. 2 BEDS, 1 BATH
    $3,634
    Total Monthly Price Total Monthly Price New
    Base Rent$3,634
    Required Monthly FeesNone
    Total Monthly Price$3,634

    88 Madison Ave Unit SI FL2-ID1501083P

    88 Madison Ave, Albany, NY 12202
  4. 1 BED, 1 BATH
    $3,068
    Total Monthly Price Total Monthly Price New
    Base Rent$3,068
    Required Monthly FeesNone
    Total Monthly Price$3,068

    88 Madison Ave Unit SI ID1501080P

    88 Madison Ave, Albany, NY 12202
  5. 1 BED, 1 BATH
    $2,937
    Total Monthly Price Total Monthly Price New
    Base Rent$2,937
    Required Monthly FeesNone
    Total Monthly Price$2,937

    88 Madison Ave Unit SI FL3-ID1501085P

    88 Madison Ave, Albany, NY 12202
  6. Building Photo - 130 S Pearl St
    2 BEDS, 1.5 BATHS
    $990
    Total Monthly Price Total Monthly Price New
    Base Rent$990
    Required Monthly FeesNone
    Total Monthly Price$990

    130 S Pearl St

    130 S Pearl St, Albany, NY 12202
  7. Building Photo - 21 Elk St
    1 BED, 1 BATH
    $1,250

    21 Elk St

    21 Elk St, Albany, NY 12207

Albany at a Glance

Average Rent

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Schools in Albany

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)

Average Rent in Nearby Cities

(For 1 bedroom apartments)
  • Cities Average Rent
  • Albany $1,669/mo

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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