Albany, NY rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Albany, NY is $1,600.

Average rent

$1,600

Month-over-month change

$0

Year-over-year change

+$100

Available rentals

489

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $140 to $4,900.

Rent frequencies
Rent priceNumber of rental properties
$06
$50013
$6008
$7002
$8005
$90016
$1,00021
$1,10031
$1,20049
$1,30052
$1,40065
$1,50060
$1,60063
$1,70050
$1,80044
$1,90042
$2,00034
$2,10025
$2,20021
$2,30011
$2,40012
$2,50012
$2,6005
$2,70013
$2,80010
$2,9003
$3,0006
$3,1002
$3,2002
$3,4001
$3,5001
$3,6001
$3,9001
$4,1001
$4,2001
$4,3001
$4,4001
$4,7002
$4,8003
$4,900+1

Average rent price over time

In the last year, rent has increased by $100 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,495$1,600
Feb$1,485$1,600
Mar$1,500$1,626
Apr$1,500$1,600
May$1,526$1,575
Jun$1,483$1,550
Jul$1,500$1,600
Aug$1,500$1,627
Sep$1,500No data
Oct$1,500No data
Nov$1,502No data
Dec$1,575No data

Market temperature

The Albany, NY rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Albany, NY is 24% lower than the national average.

Albany, NYvs.

$1,600

$2,100

Rent in Albany, NY

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Frequently asked questions

1. What is the average rent in Albany, NY?

The average rent in Albany, NY is $1,600.

2. How much does it cost to rent a house in Albany, NY?

Houses in Albany, NY rent between $140 - $4,900 with an average rent of $1,600.

3. How has the rent in Albany, NY changed in the last year?

In the last year, the rent in Albany, NY increased by $100

4. How much has the rent in Albany, NY increased/decreased in the last month?

In the last month, the rent in Albany, NY did not change.

5. How many available rentals are there in Albany, NY?

There are currently 489 rentals available in Albany, NY.

6. How do rent prices in Albany, NY compare with the national average?

The average rent in Albany, NY is $1,600 — 23.81% lower the national average of $2,100.