How much is rent in Albany, NY?

The median 2-bedroom in Albany rents for $1,548 a month with utilities, $15 less than the US median. A 1-bedroom runs $1,240 and a 3-bedroom $1,491.

By Sol Lakein, founder of Slower Sundays. Updated November 2026.

$1,5482-bedroom¹US: $1,563
$1,2401-bedroom¹US: $1,362
$61,920Income for a 2-bed at 30%²A year
20%Share of typical income³For a 2-bedroom

Rent in Albany by number of bedrooms

Median rent, utilities included, next to the US median.¹

Studio$972/mo
Albany
$972
US
$1,365
Income to keep it at 30%: $38,880²
1 bedroom$1,240/mo
Albany
$1,240
US
$1,362
Income to keep it at 30%: $49,600²
2 bedrooms$1,548/mo
Albany
$1,548
US
$1,563
Income to keep it at 30%: $61,920²
3 bedrooms$1,491/mo
Albany
$1,491
US
$1,760
Income to keep it at 30%: $59,640²
4 bedrooms$1,620/mo
Albany
$1,620
US
$2,153
Income to keep it at 30%: $64,800²

Work out what rent you can afford · Full cost of living in Albany

Where rent costs less than Albany

32 of the cities we cover have a lower median 2-bedroom rent. The cheapest and the closest:¹

City	2-bedroom rent	Less than Albany
Paducah, KY	$886	$662/mo
Terre Haute, IN	$901	$647/mo
Muncie, IN	$919	$629/mo
San Antonio, TX	$1,460	$88/mo
Asheville, NC	$1,492	$56/mo
Columbus, OH	$1,528	$20/mo

Rent in Albany: questions people ask

How much is rent in Albany?

Median rent with utilities, all units: $1,407 a month. By size: studio $972, 1 bedroom $1,240, 2 bedrooms $1,548, 3 bedrooms $1,491, 4 bedrooms $1,620 (Census ACS, 2025).

How much do you need to make to afford rent in Albany?

To keep a 2-bedroom at 30% of income, about $61,920 a year. For a 1-bedroom, $49,600.

What share of income goes to rent in Albany?

A year of median 2-bedroom rent equals 20% of the median household income of $91,547 (Census ACS, 2025).

Where is rent cheaper than Albany?

Of the cities we cover, Paducah, KY ($886), Terre Haute, IN ($901), Muncie, IN ($919) have the lowest median 2-bedroom rent.

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Notes on the numbers

1Rent: Census ACS 2025 1-year, table B25031, median gross rent by number of bedrooms (rent plus utilities the renter pays), 2025. Covers all renters, including long-time tenants, so new leases often cost more. $3,500+ is the highest figure the Census publishes. Census table
2Income to keep rent at 30%: a year of rent divided by 0.3, the common rule of thumb. Our arithmetic.
3Household income: Census ACS 2025 1-year, table B19013, median household income, 2025. Census table

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