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Cheapest Neighborhoods In Albany, NY For Renters

If you’re searching for a new place to live in Albany, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Albany neighborhoods have continued to increase over the years. Luckily, even in 2024, there are some Albany neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Albany for renters is sorted by lowest median rental rates compared to the Albany average.

Population 11,996
-29%
Median Rent $707 / month
29% less expensive than Albany
Population 455
-25%
Median Rent $740 / month
25% less expensive than Albany
Population 1,922
-17%
Median Rent $828 / month
17% less expensive than Albany
Population 1,823
-14%
Median Rent $853 / month
14% less expensive than Albany
Population 845
-5%
Median Rent $939 / month
5% less expensive than Albany
Population 918
-4%
Median Rent $955 / month
4% less expensive than Albany
Population 894
-2%
Median Rent $976 / month
2% less expensive than Albany
Population 7,053
3%
Median Rent $1,019 / month
3% more expensive than Albany
Population 6,489
4%
Median Rent $1,036 / month
4% more expensive than Albany
Population 2,246
7%
Median Rent $1,060 / month
7% more expensive than Albany
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